# NOVAI LTD (12457690)

> NOVAI LTD is an active private limited company (company number 12457690) incorporated on 12 February 2020, registered in Reading. Its registered activity is research and experimental development on biotechnology (SIC 72110). Latest small accounts cover the period ending 31 March 2025, showing net assets of £112k and cash of £38k, with 14 employees on average. Net assets fell 84% on the prior period (£699k).

- Status: Active
- Incorporated: 2020-02-12
- Registered office: Reading, RG1 1NU
- SIC 72110: Research and experimental development on biotechnology
- Next accounts due: 2026-12-31
- Confirmation statement due: 2027-02-26
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 50 comparable companies in Reading (median £11k, upper quartile £207k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-03-31 | £112k | £38k | — | £2.78m | — | — | 14 |
| 2024-03-31 | £699k | £22k | — | £2.79m | — | — | 18 |

current ratio 0.37; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £111,766 at 31 March 2025
- Net assets down 25% or more on the prior period: -84.0% vs prior period
- Current assets below creditors within one year: Current ratio 0.37
- Incorporated five or more years ago: Incorporated 12 February 2020

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Professor Maria Francesca Cordeiro — owns 25–50% of shares; holds 25–50% of voting rights, since 2020-02-12

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/12457690
HTML: https://firmoscan.com/company/12457690-novai-ltd