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Novoic Ltd

12032342

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

NOVOIC LTD LABS TRIANGLE, STABLES MARKET, LONDON, NW1 8AB
Incorporated 04/06/2019

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 11/02/2025

Due 25/02/2026

Overdue

Industry

62012
Business and domestic software development

Officers

Mr Emil Fristed

director · Since 04/06/2019

CHIEF EXECUTIVE OFFICER

DANISH · ENGLAND · Age 31

Also on 1 other board

Dr Jack Anthony Weston

director · Since 04/06/2019

CHIEF TECHNOLOGY OFFICER

BRITISH · UNITED KINGDOM · Age 33

Mr Alexander John Mayall

director · Since 08/11/2024

INVESTMENT PRINCIPAL

BRITISH · UNITED KINGDOM · Age 35

Also on 1 other board

Persons with Significant Control

Mr Emil Fristed

25–50% shares
25–50% votes

Danish · England · Age 31

66, Paul Street, London, EC2A 4NA

Notified 04/06/2019

Dr Jack Anthony Weston

25–50% shares
25–50% votes

British · United Kingdom · Age 33

66, Paul Street, London, EC2A 4NA

Notified 04/06/2019

CompanyRankvs 22157+ SIC 62012 peers
55

Financial strength1th percentile among SIC peers · 0/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 22.32× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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22157Novoic Ltd
55
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.

Employees13/15 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 30/06/2025

Net Worth

-£1.5M

Balance sheet strength

Cash

£521k

Cash in the bank

Net Current Assets

£892k

Working capital

Current Assets

£934k

Current Liabilities

£42k

Fixed Assets

£449

Debtors

£413k

3avg. employees-3

Balance Sheet

Assets less current liabilities£893k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
202522.32-£507k
202412.56-£768k
202332.15—

Derived from filed accounts. Not audited figures.