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Novo Mundo Limited

12763580

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

C/O MITCHELL WELLOCK LTD UNIT 11, SKIPTON AUCTION MART, SKIPTON, BD23 1UD
Incorporated 23/07/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/07/2025

Due 20/07/2026

On track

Industry

72190
Other research and experimental development on natural sciences and engineering

Officers

Mr David Christopher Mitchell Ba Hons Aca

director · Since 23/07/2020

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 12 other boards

Persons with Significant Control

Phillip Andrew Woodrow

25–50% shares
25–50% votes

British · England · Age 78

C/O Mitchell Wellock Ltd, Unit 11, Skipton Auction Mart, Skipton, BD23 1UD

Notified 26/07/2022

Former PSCs

Mr David Mitchell

Ceased 14/08/2020

Haworth Equity Limited

Ceased 18/07/2022

CompanyRankvs 6112+ SIC 72190 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees80th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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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.

Employees12/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£2.3M

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£981k

Working capital

Current Assets

£30k

Current Liabilities

£1.0M

Debtors

£30k

Profit After Tax

-£393k

3avg. employees-2

People Costs(2023)

Wages & salaries£401k
NI contributions£34k

Balance Sheet

Assets less current liabilities-£981k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£328k
20230.11-£443k
20230.44

Derived from filed accounts. Not audited figures.