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Novel Investments Ltd

13394328

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1016 STOCKPORT ROAD, MANCHESTER, M19 3WN
Incorporated 13/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68201
Renting and operating of Housing Association real estate

Officers

Mr Umar Farooq

director · Since 13/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 49

Mr Muhammad Shahid

director · Since 13/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Persons with Significant Control

Mr Muhammad Shahid

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

1016, Stockport Road, Manchester, M19 3WN

Notified 13/05/2021

Mr Umar Farooq

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

1016, Stockport Road, Manchester, M19 3WN

Notified 13/05/2021

Charges2 outstanding

Charge
outstanding

ALERMORE BANK PLC

Created 18/04/2024Registered 24/04/2024
Charge
outstanding

ALDERMORE BANK PLC

Created 03/11/2022Registered 04/11/2022

CompanyRankvs 94499+ SIC 68100 peers
31

Financial strength65th percentile among SIC peers · 16/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.37× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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94499Novel Investments Ltd
41
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.

Employees3/15 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.

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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2025

Net Worth

£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£35k

Working capital

Current Assets

£20k

Current Liabilities

£55k

Fixed Assets

£254k

0avg. employees

Balance Sheet

Assets less current liabilities£219k
Prepared with v2026.7.1 micro_entity_frs_105_v1_1_3 filing

EstimatesDerived

YearCurrent RatioImplied Profit
20250.37+£0
20250.37+£3k
20240.64+£2k
20231.02+£1k
20220.05—

Derived from filed accounts. Not audited figures.