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Novel App Limited

13257949

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

81 THE CUT, LONDON, SE1 8LL
Incorporated 10/03/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Benjamin Crampin

director · Since 10/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 8 other boards

Mr Thomas James Elsbury

director · Since 10/03/2021

DIRECTOR

BRITISH · ENGLAND · Age 32

Mr Edward Thomas Taylor

director · Since 15/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 36

Also on 5 other boards

Mr Ellis James Taylor

director · Since 15/03/2023

DIRECTOR

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Thomas James Elsbury

Significant control

British · England · Age 32

81, The Cut, London, SE1 8LL

Notified 10/03/2021

Mr Benjamin Crampin

25–50% shares
25–50% votes

British · England · Age 38

81, The Cut, London, SE1 8LL

Notified 27/07/2023

Former PSCs

Postreal Developments Limited

Ceased 10/03/2021

CompanyRankvs 16126+ SIC 62012 peers
66

Financial strength63th percentile among SIC peers · 16/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength16/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 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 31/03/2025

Net Worth

£6k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£13k

Current Liabilities

£8k

Fixed Assets

£63k

Debtors

£8k

6avg. employees+6

Balance Sheet

Intangible assets£62k
Assets less current liabilities£68k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent Ratio
20251.66
20240.66
20231.00

Derived from filed accounts. Not audited figures.