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Nova Mg Investments Limited

15254567

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

99/1 CHOLLERTON DRIVE NORTH TYNE INDUSTRIAL ESTATE, NEWCASTLE UPON TYNE, NE12 9SZ
Incorporated 02/11/2023

Compliance

Last accounts

30/11/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 08/11/2025

Due 22/11/2026

On track

Industry

64209
Activities of other holding companies
82990
Other business support service activities

Officers

Mr Damian Joseph Cronin

director · Since 02/11/2023

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 3 other boards

Mrs Wendy Elizabeth Cronin

director · Since 02/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 67

Also on 5 other boards

Persons with Significant Control

Mrs Wendy Elizabeth Cronin

25–50% shares
25–50% votes

British · United Kingdom · Age 67

99/1 Chollerton Drive, North Tyne Industrial Estate, Newcastle Upon Tyne, NE12 9SZ

Notified 02/11/2023

Mr Damian Joseph Cronin

25–50% shares
25–50% votes

British · United Kingdom · Age 65

99/1 Chollerton Drive, North Tyne Industrial Estate, Newcastle Upon Tyne, NE12 9SZ

Notified 02/11/2023

CompanyRankvs 9193+ SIC 64209 peers
65

Financial strength96th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 341.93× · 20/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 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 30/11/2024

Net Worth

£6.3M

Balance sheet strength

Cash

£6.1M

Cash in the bank

Net Current Assets

£6.3M

Working capital

Current Assets

£6.3M

Current Liabilities

£19k

Debtors

£250k

0avg. employees

Balance Sheet

Assets less current liabilities£6.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
2024341.93

Derived from filed accounts. Not audited figures.