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Noolabs Trading Limited

12401446

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ST JAMES HOUSE, SUTTON COLDFIELD, B75 5BY
Incorporated 14/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Mr Martyn Geoffrey George Cook

director · Since 14/01/2020

MARKETING DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Noolabs Limited

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

St James House, 65 Mere Green Road, Sutton Coldfield, B75 5BY

Reg: 11908975 · Uk Register Of Companies · Private Company Limited By Shares

Notified 14/01/2020

CompanyRankvs 7555+ SIC 47789 peers
28

Financial strength0th percentile among SIC peers · 0/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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7555Noolabs Trading Limited
34
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.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/03/2025

Net Worth

-£807k

Balance sheet strength

Cash

£135k

Cash in the bank

Net Current Assets

-£24k

Working capital

Current Assets

£377k

Current Liabilities

£401k

Fixed Assets

£50k

Debtors

£116k

4avg. employees

Tax at Year End(2024)

Corp tax£29k
VAT£11k

Director Loans(2024)

Directors owe company£877

Balance Sheet

Assets less current liabilities£26k
Signed by Mr Martyn Cook 23/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.94+£167k—
20240.80-£508k£220k
20231.19-£129k—
20221.03-£50k—
20212.70——

Derived from filed accounts. Not audited figures.