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Novaloo Ltd

11677087

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

26 SAVILE PLACE, MIRFIELD, WF14 0AH
Incorporated 14/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Mr Nigel William Codman

director · Since 14/11/2018

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 71

Also on 1 other board

Mr Michael Andrew Buttery

director · Since 26/07/2022

COMPANY DIRECTOR

ENGLISH · ENGLAND · Age 60

Also on 3 other boards

Persons with Significant Control

Mr David Brian Emslie

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 72

26, Savile Place, Mirfield, WF14 0AH

Notified 14/11/2018

Mr Nigel William Codman

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 71

26, Savile Place, Mirfield, WF14 0AH

Notified 14/11/2018

CompanyRankvs 1902+ SIC 46730 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.11× · 2/20
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 strength0/25 pts

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

Employees10/15 pts

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

Liquidity2/20 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 30/12/2023

Net Worth

-£284k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£184k

Working capital

Current Assets

£22k

Current Liabilities

£206k

Fixed Assets

£226

3avg. employees

Balance Sheet

Assets less current liabilities-£183k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20230.11

Derived from filed accounts. Not audited figures.