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Nova Electrical Supplies Ltd

12933731

active
Private Limited Company
england wales
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)
  • Negative net worth (-10)

Details

359 WELFORD ROAD, LEICESTER, LE2 6BJ
Incorporated 06/10/2020

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 29/05/2025

Due 12/06/2026

On track

Industry

47190
Other retail sale in non-specialised stores

Officers

Mr Muzaffar Iqbal Chisti

director · Since 28/05/2024

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 7 other boards

Persons with Significant Control

Mr Muzaffar Iqbal Chisti

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

British · England · Age 40

359, Welford Road, Leicester, LE2 6BJ

Notified 29/05/2024

Former PSCs

Mr Mustak Ismail Patel

Ceased 29/05/2024

Mr Riyaz Ismail Adam

Ceased 06/10/2022

CompanyRankvs 23118+ SIC 47190 peers
24

Financial strength2th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.42× · 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 strength1/25 pts

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

Employees0/15 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 31/10/2024

Net Worth

-£110k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£110k

Working capital

Current Assets

£80k

Current Liabilities

£190k

Fixed Assets

£880

Balance Sheet

Assets less current liabilities-£109k
Signed by Mr Muzaffar Chisti 31/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.42-£55k
20230.56-£21k
20220.61-£19k
20210.78

Derived from filed accounts. Not audited figures.