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Novacorp Networks Limited

13025300

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 17/11/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Paul Wedgwood

director · Since 17/11/2020

CEO AND EXECUTIVE CHAIRMAN

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Mr Michael Thomas Virks

director · Since 01/02/2026

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Supernova Capital Three Limited

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

3rd Floor, One London Square, Guildford, GU1 1UN

Reg: 12980587 · Uk Register Of Companies · Private Company Limited By Shares

Notified 17/11/2020

CompanyRankvs 59451+ SIC 62090 peers
16

Financial strength12th percentile among SIC peers · 3/25
Employees16th percentile among SIC peers · 2/15
LiquidityNo balance sheet data · 0/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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59451Novacorp Networks Limited
25
How is this score calculated?
Financial strength3/25 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.

Liquidity0/20 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.

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

beneficial 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 31/03/2025

Net Worth

-£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

—

Current Liabilities

£15k

Debtors

£1k

0avg. employees-2

Balance Sheet

Assets less current liabilities-£8k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearImplied Profit
2025-£3k

Derived from filed accounts. Not audited figures.