Novel Approach Ltd
11986631
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Peter David Smith
British · United Kingdom · Age 35
20-22, Wenlock Road, London, N1 7GU
Notified 09/05/2019
CompanyRankvs 4119+ SIC 58190 peers55
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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 31/05/2025
Net Worth
£722
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
£575
Working capital
Current Assets
£2k
Current Liabilities
£1k
Fixed Assets
£147
Debtors
£390
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.45 |
| 2025 | 1.45 |
| 2023 | 2.15 |
| 2022 | 1.24 |
Derived from filed accounts. Not audited figures.