Novakey Properties Ltd
16031045
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Kanwarjit Singh
British · England · Age 45
24, Downs Road, Slough, SL3 7DD
Notified 21/10/2024
Mrs Harminder Kaur
British · England · Age 44
24, Downs Road, Slough, SL3 7DD
Notified 21/10/2024
Charges1 outstanding
PARAGON BANK PLC
CompanyRankvs 129413+ SIC 68100 peers25
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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.
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 31/10/2025
Net Worth
-£16k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£72k
Working capital
Current Assets
£1k
Current Liabilities
£74k
Fixed Assets
£209k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.02 |
Derived from filed accounts. Not audited figures.