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Novai Ltd

12457690

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

9 GREYFRIARS ROAD, READING, RG1 1NU
Incorporated 12/02/2020

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 11/03/2026

Due 25/03/2027

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Professor Maria Francesca Cordeiro

director · Since 12/02/2020

PROFESSOR

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Dr Natalie Pankova

director · Since 13/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 4 other boards

Stephen Roy Page

director · Since 28/02/2022

CEO

BRITISH · ENGLAND · Age 73

Mr Christopher Mark Wheatcroft

director · Since 28/02/2022

VENTURE CAPITAL INVESTOR

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Persons with Significant Control

Professor Maria Francesca Cordeiro

25–50% shares
25–50% votes

British · United Kingdom · Age 62

9, Greyfriars Road, Reading, RG1 1NU

Notified 12/02/2020

Former PSCs

Mr Aman Ullah Khan

Ceased 15/01/2021

Charges1 outstanding

Charge
outstanding

TVB LOAN MANAGEMENT LIMITED

Created 30/06/2023Registered 04/07/2023

CompanyRankvs 1232+ SIC 72110 peers
47

Financial strength80th percentile among SIC peers · 20/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£112k

Balance sheet strength

Cash

£38k

Cash in the bank

Net Current Assets

-£1.8M

Working capital

Current Assets

£1.0M

Current Liabilities

£2.8M

Fixed Assets

£2.0M

Debtors

£193k

14avg. employees-4

Balance Sheet

Intangible assets£2.0M
Bank loans & overdrafts£80k
Assets less current liabilities£271k
Signed by 12457690 2024-04-01 2025-03-31 12457690 2025-03-31 12457690 core:CurrentFinancialInstruments 2025-03-31 12457690 core:CuPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.37-£587k
20240.56+£308k
20230.62-£61k
20220.96—

Derived from filed accounts. Not audited figures.