Novatiq Limited
12091658
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 11/08/2025
Due 25/08/2026
Industry
Officers
secretary · Since 30/08/2019
director · Since 30/08/2019
DIRECTOR
BRITISH · UNITED KINGDOM · Age 57
Also on 19 other boards
director · Since 03/12/2025
BRITISH · UNITED KINGDOM · Age 58
Also on 1 other board
Persons with Significant Control
Former PSCs
Jonathan Hulford-Funnell
Ceased 30/08/2019
CompanyRankvs 43087+ SIC 62090 peers38
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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 31/12/2024
Net Worth
-£4.3M
Balance sheet strength
Cash
£7k
Cash in the bank
Net Current Assets
-£7.0M
Working capital
Current Assets
£21k
Current Liabilities
£7.0M
Debtors
£14k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£4.4M |
| 2023 | 21.08 | -£1.8M |
| 2020 | 12.61 | -£2.4M |
| 2019 | 13.76 | — |
Derived from filed accounts. Not audited figures.