Novel Estates Limited
13642814
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/09/2021
PHYSIOTHERAPIST
BRITISH · UNITED KINGDOM · Age 49
Also on 1 other board
Persons with Significant Control
Mr Ravi Dev
British · England · Age 50
184, Harborne Road, Birmingham, B15 3JJ
Notified 24/09/2021
Mrs Sonia Arora-Dev
British · United Kingdom · Age 49
184, Harborne Road, Birmingham, B15 3JJ
Notified 25/09/2021
Charges3 outstanding
KENSINGTON MORTGAGE COMPANY LIMITED
PARAGON BANK PLC
KENSINGTON MORTGAGE COMPANY LIMITED
CompanyRankvs 44930+ SIC 68100 peers46
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£144k
Balance sheet strength
Cash
£17k
Cash in the bank
Net Current Assets
-£196k
Working capital
Current Assets
£21k
Current Liabilities
£217k
Fixed Assets
£553k
Debtors
£3k
Tax at Year End
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.10 | +£16k |
| 2023 | 0.07 | +£132k |
| 2022 | 0.03 | — |
Derived from filed accounts. Not audited figures.