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Novastar Ltd

15178764

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

11 COBHAM CLOSE, SLOUGH, SL1 5EL
Incorporated 30/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade
47910
Retail sale via mail order houses or via Internet

Officers

Mr Sooraj Valloor Sankarakurup

director · Since 30/09/2023

DIRECTOR

INDIAN · ENGLAND · Age 36

Also on 1 other board

Persons with Significant Control

Mr Sooraj Valloor Sankarakurup

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

Indian · England · Age 36

11, Cobham Close, Slough, SL1 5EL

Notified 30/09/2023

CompanyRankvs 26038+ SIC 46900 peers
27

Financial strength11th percentile among SIC peers · 3/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.65× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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26038Novastar Ltd
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How is this score calculated?
Financial strength3/25 pts

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

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 31/03/2025

Net Worth

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£10k

Working capital

Current Assets

£19k

Current Liabilities

£30k

Fixed Assets

£5k

Balance Sheet

Assets less current liabilities-£6k
Signed by Mr Sooraj Sankarakurup 30/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.65+£10k

Derived from filed accounts. Not audited figures.