Company Overview
Norik Ltd is listed at the official companies registry as in Liquidation Private Limited Company. The company was incorporated on Monday 30 November 2015, so this is a well established company. Norik Ltd has been in business for 10 years and 4 months. The accounts status is micro entity and the accounts are next due on Monday 30 November 2020.
Registered Address

9 Waverley Road, London, N8 9QS
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Companies House Data
Company NameNORIK LTD
Company Number09895128
Registered Office Address9 Waverley Road
 N8 9QS
Company CategoryPrivate Limited Company
Company StatusLiquidation
Country of OriginUnited Kingdom
Incorporation Date30/11/2015
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date30/11/2020
Accounts Last Made Up Date30/11/2018
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date28/12/2016
Directors & Members
Eriks Normants - Director
(Latvian, 41 years old, born November 1985)
Appointed 30 November 2015
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Eriks Normants
ERINO LTD
NAMIRE LTD
Balance Sheet Unlock full report
Accounts Date 30-Nov-2018 30-Nov-2017 30-Nov-2016
Balance Sheet
Fixed Assets 0 0 0
Current Assets 221,202 11,492 5,115
Creditors Due Within One Year 220,708 9,029 4,419
Working Cap 494 2,463 696
Total Assets Less Current Liabilities 494 2,463 696
Long-term Liabilities 0 0 0
Net Assets 494 2,463 696
Share Capital & Reserves
Share Cap - - 1,000
Profit & Loss Reserves - - -304
Other Reserves - - 0
Shareholders Funds 494 2,463 696
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2018 30-Nov-2017 30-Nov-2016
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - 48.9%
Debtors - - -
Cash Bank In Hand - - 51.1%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 99.8% 78.6% 86.4%
Net Current Assets Liabilities 0.2% 21.4% 13.6%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - 13.6%
Called Up Share Capital - - 19.6%
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -5.9%
Shareholder Funds 0.2% 21.4% 13.6%
Capital Employed - - -
Total Assets Less Current Liabilities 0.2% 21.4% 13.6%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2018 30-Nov-2017 30-Nov-2016
Liquidity Ratio 1.0 1.3 1.2
Solvency Ratio 1.0 1.3 1.2
Reserves to Assets - - -0.1
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 30-Nov-2018 30-Nov-2017 30-Nov-2016
Assets 221,202 11,492 5,115
Debt 220,708 9,029 4,419
Net Assets/Debt 494 2,463 696
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 has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. 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. Information provided by Companies House shows Liquidation.

Unlock 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 has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. 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. Information provided by Companies House shows Liquidation.  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 has some deficiency. The balance sheet displays a very modest amount of net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations. 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. Information provided by Companies House shows Liquidation.

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 N8 9QS
OPENRUSSIA LTD
Flat 21 9 Waverley Road, London, N8 9QS
Document Filings
Order of court to wind up
Order of court - restore and wind up
Final Gazette dissolved via compulsory strike-off
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Registered office address changed from 28a Suite 101, 28a Church Road Stanmore HA7 4AW United Kingdom to 9 Waverley Road London N8 9QS on 8 May 2020
Confirmation statement made on 29 November 2019 with no updates
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Director's details changed for Eriks Normants on 26 April 2019
Confirmation statement made on 29 November 2018 with no updates
Registered office address changed from 67 Central Avenue New Basford Nottingham NG7 7AG England to 28a Suite 101, 28a Church Road Stanmore HA7 4AW on 19 January 2018
Confirmation statement made on 29 November 2017 with no updates
Registered office address changed from 42 Garfield Rd London E13 8EN England to 67 Central Avenue New Basford Nottingham NG7 7AG on 10 January 2017
Confirmation statement made on 29 November 2016 with updates
Incorporation
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