NOVELLOS NE LTD

Company number 14809414 ·

Active

Executive summary

NOVELLOS NE LTD, a newly established licensed restaurant, shows foundational financial strength through its asset base and equity but faces liquidity challenges indicated by negative working capital. Immediate attention to cash flow management and operational profitability is crucial to transition from early-stage "symptoms of distress" to stable growth. Strengthening financial oversight and funding strategies will improve the company’s prospects in a competitive industry.

Read the full AI analysis →

Shareholders' funds

£183

Balance sheet as at 2025-02-28

View full accounts →

Overview

Company type
Private Limited Company
Incorporated
2023-04-17
Employees
20 (2025 accounts)
Registered office
Hope Street Xchange, C/O Office 516, Sunderland, Tyne And Wear, England, SR1 3QD
Postcode
SR1 3QD
Accounts category
Micro

Accounts

Last made up to
2025-02-28
Next due by
2026-11-30
Financial year end
28 February

Confirmation statement

Last statement dated
2026-02-23
Next due by
2027-03-09
View filing history →

Nature of business (SIC)

  • 56101 Licenced restaurants

Officers 2 current · 1 resigned

Appointed 2023-04-17
Dorian KOTI Director
Appointed 2023-04-17

View all officers and resignations →

Group structure

Controlled by GASTRO NE LTD — since 2023-04-17

From persons-with-significant-control filings on the public register.

At this address

Among the biggest employers

of 60 similar companies in SR, with 20 staff.

Competitors Sunderland

This company ranks 45 among licenced restaurants in Sunderland.

Full league table →

Property in England & Wales 1 title

Leasehold
1
Most recent registration
2023-10-12
Price paid, where recorded
£45,000
Where
Tyne And Wear
Title numberCounty Tenure RegisteredPrice paid
TY600409 Tyne And Wear Leasehold 2023-10-12 £45,000

For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).

Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.