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Novanest Ventures Ltd

15773830

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

93 CLOUGH AVENUE, SALE, M33 4HT
Incorporated 12/06/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate

Officers

Mr Junaid Saleem

director · Since 12/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Mr Junaid Saleem

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

British · England · Age 46

93, Clough Avenue, Sale, M33 4HT

Notified 12/06/2024

Charges2 outstanding

Charge
outstanding

LANDBAY PARTNERS LIMITED

Created 13/03/2026Registered 16/03/2026
Charge
outstanding

THE MORTGAGE WORKS (UK) PLC

Created 15/11/2024Registered 18/11/2024

CompanyRankvs 155707+ SIC 68100 peers
19

Financial strength26th percentile among SIC peers · 7/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity2 years trading (max 15) · 2/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength7/25 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.

Longevity2/15 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 30/06/2025

Net Worth

-£638

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£4k

Current Liabilities

£43k

Fixed Assets

£126k

0avg. employees

Balance Sheet

Assets less current liabilities£87k
Prepared with Taxfiler

EstimatesDerived

YearCurrent Ratio
20250.09

Derived from filed accounts. Not audited figures.