Company Overview
Nova Material Recycling Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 11 May 2017, so this is a well established company. Nova Material Recycling Ltd has been in business for 8 years and 11 months. The accounts status is total exemption full and the accounts are next due on Thursday 29 February 2024.
Registered Address

Sssi Deptford Recycling Centre Landmann Way, Deptford, London, SE14 5RS
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameNOVA MATERIAL RECYCLING LTD
Company Number10765883
Registered Office AddressSssi Deptford Recycling Centre Landmann Way
 Deptford
 SE14 5RS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/05/2017
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date29/02/2024
Accounts Last Made Up Date31/05/2022
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date08/06/2018
Directors & Members
Bobby Connolly - Director
(English, 29 years old, born October 1997)
Appointed 11 May 2017
 Active
Secretaries
Bobby Connolly - Secretary
Appointed 11 May 2017
 Active
Other Company Directorships
Bobby Connolly
RECORE TRADING LTD
WASTE MANAGEMENT (LONDON) LIMITED
Balance Sheet Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Balance Sheet
Fixed Assets 31,144 14,959 9,550
Current Assets 217,637 237,631 290,164
Creditors Due Within One Year 300,161 321,992 236,716
Working Cap -82,524 -84,361 53,448
Total Assets Less Current Liabilities -51,380 -69,402 62,998
Long-term Liabilities 40,278 720 720
Net Assets -91,658 -70,122 62,278
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds -91,658 -70,122 62,278
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Tangible Fixed Assets - - -
Fixed Assets 12.5% 5.9% 3.2%
Stocks Inventory - - -
Debtors 56.4% 59.3% 95.8%
Cash Bank In Hand 31.1% 34.8% 1.0%
Current Assets 87.5% 94.1% 96.8%
Creditors Due Within One Year 120.7% 127.5% 79.0%
Net Current Assets Liabilities -33.2% -33.4% 17.8%
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 -36.8% -27.8% 20.8%
Capital Employed - - -
Total Assets Less Current Liabilities -20.7% -27.5% 21.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2022 31-May-2021 31-May-2020
Liquidity Ratio 0.7 0.7 1.2
Solvency Ratio 0.7 0.8 1.3
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-May-2022 31-May-2021 31-May-2020
Assets 248,781 252,590 299,714
Debt 340,439 322,712 237,436
Net Assets/Debt -91,658 -70,122 62,278
Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet net assets figure is negative. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

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
Other Business around SE14 5RS
MATT UK LIMITED
DEPTFORD RECYCLING CENTRE LANDMANN WAY, DEPTFORD, LONDON, SE14 5RS
GB FOODS LONDON LIMITED
Unit 7, British Wharf, Landmann Way, London, SE14 5RS
GOODING ALUMINIUM LIMITED
1 BRITISH WHARF, LANDMANN WAY, LONDON, SE14 5RS
SSSI LIMITED
DEPTFORD RECYCLING CENTRE, LANDMANN WAY, LONDON, SE14 5RS
Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Registered office address changed from 8 High Street Heathfield East Sussex TN21 8LS United Kingdom to Sssi Deptford Recycling Centre Landmann Way Deptford London SE14 5RS on 28 November 2023
Confirmation statement made on 10 May 2023 with no updates
Confirmation statement made on 10 May 2022 with updates
Confirmation statement made on 10 May 2021 with updates
Confirmation statement made on 10 May 2020 with updates
Confirmation statement made on 10 May 2019 with updates
Director's details changed for Mr Bobby Jamie Connolly on 18 July 2019
Secretary's details changed for Mr Bobby Connolly on 18 July 2019
Change of details for Mr Bobby Jamie Connolly as a person with significant control on 12 July 2019
Registered office address changed from Hinkcroft Transport Ltd Landmann Way Deptford London SE14 5RS England to 8 High Street Heathfield East Sussex TN21 8LS on 18 July 2019
Confirmation statement made on 10 May 2018 with no updates
Secretary's details changed for Mr Bobby Connolly on 8 June 2017
Registered office address changed from Hinkcroft Transport Ltd Lanman Way Deptford London SE14 5RS England to Hinkcroft Transport Ltd Landmann Way Deptford London SE14 5RS on 8 June 2017
Director's details changed for Mr Bobby Jamie Connolly on 8 June 2017
Registered office address changed from Hinkcroft Transport Ltd Lanman Way Deptford London SE14 5RS England to Hinkcroft Transport Ltd Lanman Way Deptford London SE14 5RS on 5 June 2017
Registered office address changed from 71-75 Shelton Street Covent Garden London WC2H 9JQ United Kingdom to Hinkcroft Transport Ltd Lanman Way Deptford London SE14 5RS on 5 June 2017
Incorporation
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free