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Novel Projects Limited

12295498

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

23 KEBLE CLOSE, DERBY, DE1 2FX
Incorporated 04/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings

Officers

Mr Andris Bruveris

director · Since 21/01/2020

BUILDER

LATVIAN · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Andris Bruveris

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

Latvian · England · Age 47

23, Keble Close, Derby, DE1 2FX

Notified 21/01/2020

Former PSCs

Woodberry Secretarial Limited

Ceased 10/08/2020

Ms Adele Davies

Ceased 21/01/2020

Ms Adele Davies

Ceased 11/08/2020

CompanyRankvs 17642+ SIC 41100 peers
66

Financial strength66th percentile among SIC peers · 17/25
Employees46th percentile among SIC peers · 7/15
LiquidityCurrent ratio 3.58× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 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 30/11/2024

Net Worth

£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£10k

Working capital

Current Assets

£14k

Current Liabilities

£4k

Fixed Assets

£12k

1avg. employees

Balance Sheet

Assets less current liabilities£22k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.58-£10k
20234.82-£44k
20223.69+£18k
20213.95+£10k
20202.51

Derived from filed accounts. Not audited figures.