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Novitas Decorators Ltd

12467887

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 17/02/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Jason Clifford Dominic Savage

director · Since 17/02/2020

PAINTER AND DECORATOR

BRITISH · UNITED KINGDOM · Age 56

Persons with Significant Control

Mr Jason Clifford Dominic Savage

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

British · United Kingdom · Age 56

116, Bexley Road, London, SE9 2PG

Notified 17/02/2020

CompanyRankvs 5259+ SIC 43341 peers
56

Financial strength60th percentile among SIC peers · 15/25
Employees24th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.71× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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5259Novitas Decorators Ltd
52
How is this score calculated?
Financial strength15/25 pts

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

Employees4/15 pts

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

Liquidity16/20 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.

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

£6k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£52k

Current Liabilities

£31k

Fixed Assets

£2k

Debtors

£34k

1avg. employees

Tax at Year End(2024)

VAT£11k

Balance Sheet

Assets less current liabilities£23k
Signed by J C Savage 18/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioEst. Revenue
20251.71—
20241.60£221k
20231.76£212k
20221.87£273k
20212.90£67k

Derived from filed accounts. Not audited figures.