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Novafly Limited

11192854

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

114 HAMLET COURT ROAD, WESTCLIFF ON SEA, SS0 7LP
Incorporated 07/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

56103
Take-away food shops and mobile food stands

Officers

Mr Michael Guo Qiang Xu

director · Since 07/02/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Persons with Significant Control

Michael Guo Qiang Xu

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 52

10a, Becontree Avenue, Dagenham, RM8 2UB

Notified 07/02/2018

CompanyRankvs 3217+ SIC 56103 peers
70

Financial strength85th percentile among SIC peers · 21/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.2× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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3217Novafly Limited
70
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 28/02/2021

Net Worth

£22k

Balance sheet strength

Cash

£77k

Cash in the bank

Net Current Assets

£42k

Working capital

Current Assets

£77k

Current Liabilities

£35k

Fixed Assets

£336

Debtors

£194

2avg. employees

Balance Sheet

Bank loans & overdrafts£20k
Assets less current liabilities£42k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent Ratio
20212.20

Derived from filed accounts. Not audited figures.