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Novalgen Limited

11621264

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

ARGYLE HOUSE LEVEL 3 NORTHSIDE, NORTHWOOD HILLS, HA6 1NW
Incorporated 14/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

72110
Research and experimental development on biotechnology

Officers

Mr Bharat Kumar Hirji Thakrar

director · Since 07/01/2019

BUSINESSMAN

BRITISH · ENGLAND · Age 68

Also on 31 other boards

Mr Samit Govindji Hathi

director · Since 07/01/2019

CEO

BRITISH · ENGLAND · Age 59

Also on 7 other boards

Dr Amit Chunilal Nathwani

director · Since 06/01/2020

CEO & PRESIDENT OF R&D

BRITISH · ENGLAND · Age 65

Also on 5 other boards

Mr Scott Clarke

director · Since 09/12/2022

CEO

AMERICAN · UNITED STATES · Age 57

Dr Michael Owen

director · Since 03/01/2023

NON-EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 75

Ucltf Corporate Directors Ltd

director · Since 15/02/2023

Dr David Charles Venables

director · Since 24/03/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Persons with Significant Control

Convergys Capital Limited

25–50% shares
25–50% votes

Argyle House 3rd Floor, Northside, Northwood Hills, HA6 1NW

Reg: 11339543 · Companies House · Uk Limited Company

Notified 31/05/2019

Ghl Capital Ltd

25–50% shares
25–50% votes

Unit 4, Bradfield Road, Ruislip, HA4 0NU

Reg: 16539120 · Companies House · Uk Limited Company

Notified 22/01/2026

Former PSCs

Dr Amit Chunilal Nathwani

Ceased 20/03/2020

Ucl Business Plc

Ceased 16/08/2019

CompanyRankvs 1047+ SIC 72110 peers
66

Financial strength96th percentile among SIC peers · 24/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.74× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees3/15 pts

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

Liquidity16/20 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 31/12/2025

Net Worth

£3.5M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£925k

Working capital

Current Assets

£2.2M

Current Liabilities

£1.3M

Fixed Assets

£2.7M

Debtors

£810k

0avg. employees

Balance Sheet

Intangible assets£2.7M
Assets less current liabilities£3.6M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.74+£0
20251.74
20242.34
20237.44
202210.38
20214.07
20208.22
201911.40

Derived from filed accounts. Not audited figures.