Novacorp Networks Limited
13025300
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/11/2020
CEO AND EXECUTIVE CHAIRMAN
BRITISH · ENGLAND · Age 56
Also on 3 other boards
Persons with Significant Control
Supernova Capital Three Limited
3rd Floor, One London Square, Guildford, GU1 1UN
Reg: 12980587 · Uk Register Of Companies · Private Company Limited By Shares
Notified 17/11/2020
CompanyRankvs 46346+ SIC 62090 peers26
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
owner not provide support to the group, then these circumstances would indicate the existence of a material uncertainty that may cast doubt over the ability of the company to continue as a going concern. After having made enquiries with the ultimate beneficial owner, the directors have a reasonable expectation that the parent company will continue to be able to provide financial support
Key FinancialsYear ending 31/03/2024
Net Worth
-£5k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£106k
Working capital
Current Assets
—
Current Liabilities
£107k
Debtors
£979