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Novel Property Limited

11975150

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

30 HEATON CLOSE, ROMFORD, RM3 7HP
Incorporated 02/05/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Olasunkanmi Suleman Bsc Mba

director · Since 02/05/2019

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 4 other boards

Persons with Significant Control

Mr Olasunkanmi Suleman

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

British · England · Age 60

30, Heaton Close, Romford, RM3 7HP

Notified 02/05/2019

Charges2 outstanding

Charge
outstanding

FLEET MORTGAGES LIMITED

Created 30/09/2022Registered 30/09/2022
Charge
outstanding

FLEET MORTGAGES LIMITED

Created 17/07/2020Registered 27/07/2020

CompanyRankvs 161923+ SIC 68100 peers
17

Financial strength9th percentile among SIC peers · 2/25
Employees19th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 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.

Liquidity0/20 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/04/2025

Net Worth

-£31k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£28k

Working capital

Current Assets

Current Liabilities

£29k

Fixed Assets

£150k

0avg. employees

Balance Sheet

Assets less current liabilities£122k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£2k
2024-£53k
2023+£45k
2022-£22k
2021-6.07

Derived from filed accounts. Not audited figures.