Nov Way Cic
14556041
Some Concerns
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/12/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 1 other board
director · Since 06/01/2026
BRITISH · ENGLAND · Age 30
Also on 2 other boards
Persons with Significant Control
Miss Rifatara Mahmud
British · England · Age 56
12, Cecil Road, London, NW9 5EL
Notified 23/12/2022
Former PSCs
Mr Leon Anthony Lloyd Parkes
Ceased 05/01/2026
Ms Joanne Pamela Parkes
Ceased 05/01/2026
CompanyRankvs 7008+ SIC 85510 peers34
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Turnover
£19k
Annual revenue
Net Worth
-£8k
Balance sheet strength
Cash
£408
Cash in the bank
Profit Before Tax
-£6k
Bottom line earnings
Net Current Assets
-£8k
Working capital
Current Assets
£408
Current Liabilities
£8k
Debtors
£0
Cost of Sales
£20k
Gross Profit
-£1k
Admin Expenses
£25k
Operating Profit
-£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.05 | -£6k |
| 2023 | 0.86 | — |
Derived from filed accounts. Not audited figures.