Back to search

Novel Estates Limited

13642814

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

184 HARBORNE ROAD, BIRMINGHAM, B15 3JJ
Incorporated 24/09/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Ravi Dev

secretary · Since 24/09/2021

Also on 3 other boards

Mrs Sonia Arora-Dev

director · Since 24/09/2021

PHYSIOTHERAPIST

BRITISH · UNITED KINGDOM · Age 49

Also on 1 other board

Mr Ravi Dev

director · Since 24/09/2021

SOLICITOR

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Ravi Dev

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

British · England · Age 50

184, Harborne Road, Birmingham, B15 3JJ

Notified 24/09/2021

Mrs Sonia Arora-Dev

25–50% shares

British · United Kingdom · Age 49

184, Harborne Road, Birmingham, B15 3JJ

Notified 25/09/2021

Charges3 outstanding

Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 23/10/2025Registered 24/10/2025
Charge
outstanding

PARAGON BANK PLC

Created 30/05/2025Registered 02/06/2025
Charge
outstanding

KENSINGTON MORTGAGE COMPANY LIMITED

Created 09/02/2022Registered 11/02/2022

CompanyRankvs 45388+ SIC 68100 peers
46

Financial strength87th percentile among SIC peers · 22/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.06× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Liverpool And Chester Property Company Limited
90
2Associated Property Owners Limited
90
3British And Foreign Wharf Company Limited(The)
90
4White Marble Quarries Limited
90
5Rookfield Garden Village Limited
90
6Abbey Manor Group Limited
90
7Abbott Bros.(Kent),Limited
90
8Stonewood Securities Limited
90
9Braintree Bungalows Limited
90
10Bennett'S Stores Limited
90
45388Novel Estates Limited
55
How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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 30/09/2025

Net Worth

£159k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£304k

Working capital

Current Assets

£19k

Current Liabilities

£323k

Fixed Assets

£881k

Debtors

£1k

2avg. employees

Tax at Year End

Corp tax£4k

Balance Sheet

Bank loans & overdrafts£400k
Assets less current liabilities£577k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.06+£16k
20240.10+£16k
20230.07—

Derived from filed accounts. Not audited figures.