Company Overview
Novel Ideas Promotion Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Monday 12 January 2015, so this is a well established company. Novel Ideas Promotion Ltd has been in business for 11 years and 2 months. The accounts status is micro entity and the accounts are next due on Wednesday 30 September 2026.
Registered Address

25 Station Road, Hinckley, Leicestershire, LE10 1AP
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Companies House Data
Company NameNOVEL IDEAS PROMOTION LTD
Company Number09385110
Registered Office Address25 Station Road
 LE10 1AP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date12/01/2015
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date09/02/2017
Returns Last Made Up Date12/01/2016
Directors & Members
Lori Wale - Director
(American, 58 years old, born September 1968)
Appointed 20 January 2015
 Active
Nicholas Wale - Director
(British, 36 years old, born February 1990)
Appointed 12 January 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Lori Wale
No companies found
Nicholas Wale
NEWBOLD VERDON (RECTORY GARDENS) MANAGEMENT COMPANY LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 1,566 1,566 1,515
Current Assets 83,936 83,936 78,577
Creditors Due Within One Year 21,248 21,248 12,885
Working Cap 62,688 62,688 65,692
Total Assets Less Current Liabilities 64,254 64,254 67,207
Long-term Liabilities 0 0 0
Net Assets 64,254 64,254 67,207
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 64,254 64,254 67,207
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 1.8% 1.8% 1.9%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 98.2% 98.2% 98.1%
Creditors Due Within One Year 24.9% 24.9% 16.1%
Net Current Assets Liabilities 73.3% 73.3% 82.0%
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 75.1% 75.1% 83.9%
Capital Employed - - -
Total Assets Less Current Liabilities 75.1% 75.1% 83.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 4.0 4.0 6.1
Solvency Ratio 4.0 4.0 6.2
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 85,502 85,502 80,092
Debt 21,248 21,248 12,885
Net Assets/Debt 64,254 64,254 67,207

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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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 company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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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Document Filings
Confirmation statement made on 12 January 2026 with updates
Change of share class name or designation
Confirmation statement made on 12 January 2025 with no updates
Confirmation statement made on 12 January 2024 with no updates
Confirmation statement made on 12 January 2023 with updates
Change of details for Mr Nicholas John Frederick Wale as a person with significant control on 1 July 2022
Director's details changed for Mrs Lori Ann Wale on 1 July 2022
Director's details changed for Mr Nicholas John Frederick Wale on 1 July 2022
Registered office address changed from 17 Station Road Hinckley Leicestershire LE10 1AW to 25 Station Road Hinckley Leicestershire LE10 1AP on 11 July 2022
Confirmation statement made on 12 January 2022 with updates
Confirmation statement made on 12 January 2021 with no updates
Confirmation statement made on 12 January 2020 with updates
Change of details for Mr Nicholas John Frederick Wale as a person with significant control on 23 April 2019
Director's details changed for Mr Nicholas John Frederick Wale on 23 April 2019
Director's details changed for Mrs Lori Ann Wale on 23 April 2019
Confirmation statement made on 12 January 2019 with updates
Confirmation statement made on 12 January 2018 with updates
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