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Novade Uk Ltd

12849993

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

BECKET HOUSE, LONDON, SE1 7EU
Incorporated 01/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Denis Branthonne

director · Since 30/06/2023

DIRECTOR

FRENCH · SINGAPORE · Age 56

Persons with Significant Control

Mr Denis Francis Branthonne

Significant control

French · Singapore · Age 56

111 North Bridge Road, 21-04/05 Peninsula Plaza, Singapore, 179098

Notified 01/09/2020

CompanyRankvs 113708+ SIC 62020 peers
29

Financial strength0th percentile among SIC peers · 0/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.64× · 6/20
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.

Employees2/15 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.

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

-£726k

Balance sheet strength

Cash

£286k

Cash in the bank

Net Current Assets

-£210k

Working capital

Current Assets

£378k

Current Liabilities

£588k

Debtors

£92k

0avg. employees-1

Tax at Year End

VAT£57k

Balance Sheet

Assets less current liabilities-£210k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.64-£173k£1.1M
20230.69-£318k
20221.20-£35k
20210.06

Derived from filed accounts. Not audited figures.