Novus Pay Limited
11473837
Notable Risks
- Accounts filing overdue (-15)
- Confirmation statement overdue (-10)
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/07/2024
micro entity
Next accounts due
30/04/2026
Confirmation statement
Last: 06/12/2024
Due 20/12/2025
Industry
Officers
director · Since 01/06/2021
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 5 other boards
Former
director · Resigned 01/10/2020
director · Resigned 09/08/2023
director · Resigned 14/04/2024
director · Resigned 14/05/2024
Persons with Significant Control
Mr Hernake Singh Mehat
British · United Kingdom · Age 49
Trust House, 5 New Augustus Street, Bradford, BD1 5LL
Notified 22/12/2023
Former PSCs
Hernake Singh Mehat
Ceased 22/12/2023
Change History
Active - Proposal to Strike off
Private Limited Company
TRUST HOUSE
BRADFORD
CompanyRankvs 58361+ SIC 62012 peers28
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/07/2024
Net Worth
-£467k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£987
Working capital
Current Assets
£39k
Current Liabilities
£41k
Fixed Assets
£15k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.95 | -£42k |
| 2023 | 1.05 | — |
Derived from filed accounts. Not audited figures.