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Novel Derma Ltd

12743866

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

9 FEATHER STITCH ROAD, MANCHESTER, M28 3YL
Incorporated 15/07/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Yi Ning Chiang

director · Since 15/07/2020

DERMATOLOGIST

MALAYSIAN · UNITED KINGDOM · Age 40

Persons with Significant Control

Yi Ning Chiang

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

Malaysian · United Kingdom · Age 40

9, Feather Stitch Road, Worsley, M28 3YL

Notified 15/07/2020

CompanyRankvs 12823+ SIC 86900 peers
69

Financial strength93th percentile among SIC peers · 23/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 6.27× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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12823Novel Derma Ltd
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How is this score calculated?
Financial strength23/25 pts

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

Employees5/15 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.

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 31/07/2024

Net Worth

£154k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£142k

Working capital

Current Assets

£168k

Current Liabilities

£27k

Fixed Assets

£12k

1avg. employees

Balance Sheet

Assets less current liabilities£154k
Signed by Yi Ning Chiang Date of approval: 23/07/2025 The company was trading for the entire period

EstimatesDerived

YearCurrent RatioImplied Profit
20246.27-£29k
20237.70+£89k
20224.57+£75k
20211.80—

Derived from filed accounts. Not audited figures.