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Nora Art Design Ltd

15150622

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)

Details

OFFICE 332 NORTH LONDON BUSINESS PARK, LONDON, N11 1GN
Incorporated 20/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet
62090
Other information technology service activities
70229
Management consultancy activities
74100
Specialised design activities

Officers

Mustafa Gulec

director · Since 20/09/2023

COMPANY DIRECTOR

TURKISH · TURKEY · Age 49

Persons with Significant Control

Mustafa Gulec

75–100% shares
75–100% votes
Appoint directors

Turkish · Turkey · Age 49

5, Shepherdess Walk, London, N1 7QE

Notified 20/09/2023

CompanyRankvs 90711+ SIC 47910 peers
29

Financial strength24th percentile among SIC peers · 6/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio -0.27× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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90711Nora Art Design Ltd
26
How is this score calculated?
Financial strength6/25 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.

Longevity3/15 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 31/08/2024

Turnover

£1k

Annual revenue

Net Worth

-£283

Balance sheet strength

Cash

—

Cash in the bank

Profit Before Tax

-£383

Bottom line earnings

Net Current Assets

-£283

Working capital

Current Assets

£104

Current Liabilities

-£387

Profit After Tax

-£383

0avg. employees

Balance Sheet

Assets less current liabilities-£283
Prepared with BTCSoftware AP Solution 2022 9.4.03

EstimatesDerived

YearCurrent Ratio
20240.27

Derived from filed accounts. Not audited figures.