Company Overview
Novo Business Network Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 30 May 2008, so this is a well established company. Novo Business Network Ltd has been in business for 17 years and 10 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Fifth Floor, 5 New Street Square, London, EC4A 3BF
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Companies House Data
Company NameNOVO BUSINESS NETWORK LTD
Company Number06607111
Registered Office AddressFifth Floor
 5 New Street Square
 EC4A 3BF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date30/05/2008
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date27/06/2017
Returns Last Made Up Date30/05/2016
Directors & Members
Show Resigned
Sten Eriksson - Director
(Swedish, 62 years old, born May 1964)
Appointed 30 May 2008
 Active
Mwlaw Services Limited - Secretary
Appointed 01 June 2009
 Active
Secretaries
Show Resigned
Mwlaw Services Limited - Secretary
Appointed 01 June 2009
 Active
Other Company Directorships
Sten Eriksson
BANCON LTD
BEARING CONSULTING CW LTD
BEARING CONSULTING LTD
BEARING CONSULTING ME LIMITED
BEARING GROUP LTD
BEARING VENTURE INNOVATION LIMITED
BRIGANTINE HOLDING LTD
INTERLACE CONSULTING LTD
LEIKUR HOLDING LTD
NOVO BUSINESS HOLDING LTD
ONLINE TRANSACTION TECHNOLOGY VENTURES HOLDING LTD
SMYRNA TRADE FINANCE INNOVATION LTD
STREAM FINANCIAL INNOVATION LTD
STREAM INNOVATION LIMITED
SVERIGELOTTO LTD
URBAN CREATIVE DESIGN LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 0 0 0
Current Assets 15,015 15,015 9,969
Creditors Due Within One Year 13,745 13,745 11,049
Working Cap 1,270 1,270 -1,080
Total Assets Less Current Liabilities 1,270 1,270 -1,080
Long-term Liabilities 0 0 0
Net Assets 1,270 1,270 -1,080
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 1,270 1,270 -1,080
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 100.0% 100.0% 100.0%
Cash Bank In Hand 0.0% 0.0% 0.0%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 91.5% 91.5% 110.8%
Net Current Assets Liabilities 8.5% 8.5% -10.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 8.5% 8.5% -10.8%
Capital Employed - - -
Total Assets Less Current Liabilities 8.5% 8.5% -10.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.1 1.1 0.9
Solvency Ratio 1.1 1.1 0.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 15,015 15,015 9,969
Debt 13,745 13,745 11,049
Net Assets/Debt 1,270 1,270 -1,080

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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I&D ADVISORS LIMITED
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GATE REALISATIONS LIMITED
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MYMAO LIMITED
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HELP TECHNOLOGY LIMITED
8th Floor 5 New Street Square, London, EC4A 3BF
Document Filings
Termination of appointment of Farhaan Mir as a director on 25 September 2025
Secretary's details changed for Mwlaw Services Limited on 18 August 2025
Change of details for Interlace Consulting Ltd as a person with significant control on 18 August 2025
Registered office address changed from Fifth Floor 5 New Street Square London EC4A 3BF United Kingdom to 9th Floor 6 New Street Square London EC4A 3BF on 18 August 2025
Confirmation statement made on 30 May 2025 with updates
Director's details changed for Mr Jorgen Eriksson on 4 December 2024
Confirmation statement made on 30 May 2024 with updates
Appointment of Mr Farhaan Mir as a director on 27 June 2023
Confirmation statement made on 30 May 2023 with no updates
Termination of appointment of Kjell Stefan Rundgren as a director on 11 July 2022
Confirmation statement made on 30 May 2022 with no updates
Confirmation statement made on 30 May 2021 with no updates
Registered office address changed from Second Floor 11 Pilgrim Street London EC4V 6RN to Fifth Floor 5 New Street Square London EC4A 3BF on 29 March 2021
Confirmation statement made on 30 May 2020 with no updates
Confirmation statement made on 30 May 2019 with no updates
Confirmation statement made on 30 May 2018 with no updates
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