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Novanex Wholesale Limited

11903131

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 5, PERIVALE, UB6 7JD
Incorporated 25/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46190
Agents involved in the sale of a variety of goods
46900
Non-specialised wholesale trade

Officers

Mr Keyurkumar Bhatt

director · Since 01/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mrs Parul Patel

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

British · United Kingdom · Age 41

32-34, Sunbeam Road, London, NW10 6JL

Notified 26/12/2023

Former PSCs

Mr Akshay Sakariya

Ceased 01/04/2019

Mr Akshaykumar Sakariya

Ceased 26/12/2023

Mr Keyurkumar Bhatt

Ceased 26/12/2023

CompanyRankvs 642+ SIC 46190 peers
80

Financial strength95th percentile among SIC peers · 24/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.69× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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642Novanex Wholesale Limited
80
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.

Employees14/15 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.

Longevity7/15 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 31/03/2025

Net Worth

£310k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£2.6M

Current Liabilities

£389k

Fixed Assets

£3k

Debtors

£2.3M

4avg. employees+4

Balance Sheet

Assets less current liabilities£2.2M
Signed by Mr K Bhatt 31/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.69+£223k
20241.58+£110k
20230.31-£22k
20220.97-£27k
20211.10—

Derived from filed accounts. Not audited figures.