novar europe limited

Live (In Liquidation)MatureDeclining

novar europe limited Company Information

Share NOVAR EUROPE LIMITED

Company Number

00557280

Shareholders

novar ltd

Group Structure

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Industry

Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

 

Registered Address

honeywell house, skimped hill lane, bracknell, berks, RG12 1EB

novar europe limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NOVAR EUROPE LIMITED at £0 based on a Turnover of £0 and 1.05x industry multiple (adjusted for size and gross margin).

novar europe limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NOVAR EUROPE LIMITED at £0 based on an EBITDA of £0 and a 4.38x industry multiple (adjusted for size and gross margin).

novar europe limited Estimated Valuation

£960.7m

Pomanda estimates the enterprise value of NOVAR EUROPE LIMITED at £960.7m based on Net Assets of £736.1m and 1.31x industry multiple (adjusted for liquidity).

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Novar Europe Limited Overview

Novar Europe Limited is a live company located in bracknell, RG12 1EB with a Companies House number of 00557280. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in November 1955, it's largest shareholder is novar ltd with a 100% stake. Novar Europe Limited is a mature, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.

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Novar Europe Limited Health Check

Pomanda's financial health check has awarded Novar Europe Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

0 Regular

positive_score

2 Weak

size

Size

There is insufficient data available for this Key Performance Indicator!

- - Novar Europe Limited

- - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (10.5%)

- - Novar Europe Limited

- - Industry AVG

production

Production

There is insufficient data available for this Key Performance Indicator!

- - Novar Europe Limited

- - Industry AVG

profitability

Profitability

There is insufficient data available for this Key Performance Indicator!

- - Novar Europe Limited

- - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (104)

- - Novar Europe Limited

- - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Novar Europe Limited

- - Industry AVG

efficiency

Efficiency

There is insufficient data available for this Key Performance Indicator!

- - Novar Europe Limited

- - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

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- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Novar Europe Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.3%, this is a lower level of debt than the average (69.6%)

- - Novar Europe Limited

- - Industry AVG

NOVAR EUROPE LIMITED financials

EXPORTms excel logo

Novar Europe Limited's latest turnover from December 2023 is 0 and the company has net assets of £736.1 million. According to their latest financial statements, we estimate that Novar Europe Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover8,000,000
Other Income Or Grants
Cost Of Sales5,251,802
Gross Profit2,748,198
Admin Expenses-5,251,802-286,347,000-355,872,000-20,436,0008,00019,00010,000
Operating Profit8,000,000286,347,000355,872,00020,436,000-8,000-19,000-10,000
Interest Payable17,501,0007,342,0003,216,0003,556,0004,978,0004,488,0003,562,0003,808,0004,023,0003,964,0003,904,0003,857,0003,789,0003,732,0004,274,000
Interest Receivable
Pre-Tax Profit-17,501,000-7,342,000-3,216,0004,444,000281,369,000351,384,00016,874,000-3,808,000-4,023,000-3,964,000-3,904,000-3,857,000-3,797,000-3,751,000-4,284,000
Tax
Profit After Tax-17,501,000-7,342,000-3,216,0004,444,000281,369,000351,384,00016,874,000-3,808,000-4,023,000-3,964,000-3,904,000-3,857,000-3,797,000-3,751,000-4,284,000
Dividends Paid286,347,00051,267,00020,436,000
Retained Profit-17,501,000-7,342,000-3,216,0004,444,000-4,978,000300,117,000-3,562,000-3,808,000-4,023,000-3,964,000-3,904,000-3,857,000-3,797,000-3,751,000-4,284,000
Employee Costs
Number Of Employees1115311222334433
EBITDA*8,000,000286,347,000355,872,00020,436,000-8,000-19,000-10,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets
Intangible Assets
Investments & Other1,055,314,0001,055,314,0001,055,314,0001,055,314,0001,055,314,0001,055,314,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000
Debtors (Due After 1 year)
Total Fixed Assets1,055,314,0001,055,314,0001,055,314,0001,055,314,0001,055,314,0001,055,314,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
total assets1,055,314,0001,055,314,0001,055,314,0001,055,314,0001,055,314,0001,055,314,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000750,709,000
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts319,180,000301,679,000294,337,000291,121,000287,565,000282,587,000278,099,000274,537,000270,729,000266,706,000262,742,000258,838,000254,981,000251,184,000247,433,000
other short term finances
hp & lease commitments
other current liabilities
total current liabilities319,180,000301,679,000294,337,000291,121,000287,565,000282,587,000278,099,000274,537,000270,729,000266,706,000262,742,000258,838,000254,981,000251,184,000247,433,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities319,180,000301,679,000294,337,000291,121,000287,565,000282,587,000278,099,000274,537,000270,729,000266,706,000262,742,000258,838,000254,981,000251,184,000247,433,000
net assets736,134,000753,635,000760,977,000764,193,000767,749,000772,727,000472,610,000476,172,000479,980,000484,003,000487,967,000491,871,000495,728,000499,525,000503,276,000
total shareholders funds736,134,000753,635,000760,977,000764,193,000767,749,000772,727,000472,610,000476,172,000479,980,000484,003,000487,967,000491,871,000495,728,000499,525,000503,276,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit8,000,000286,347,000355,872,00020,436,000-8,000-19,000-10,000
Depreciation
Amortisation
Tax
Stock
Debtors
Creditors
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations8,000,000286,347,000355,872,00020,436,000-8,000-19,000-10,000
Investing Activities
capital expenditure
Change in Investments304,605,000750,709,000
cash flow from investments-304,605,000-750,709,000
Financing Activities
Bank loans
Group/Directors Accounts17,501,0007,342,0003,216,0003,556,0004,978,0004,488,0003,562,0003,808,0004,023,0003,964,0003,904,0003,857,0003,797,0003,751,000247,433,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-8,000,000507,560,000
interest-17,501,000-7,342,000-3,216,000-3,556,000-4,978,000-4,488,000-3,562,000-3,808,000-4,023,000-3,964,000-3,904,000-3,857,000-3,789,000-3,732,000-4,274,000
cash flow from financing-8,000,0008,00019,000750,719,000
cash and cash equivalents
cash
overdraft
change in cash

novar europe limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Novar Europe Limited Competitor Analysis

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Perform a competitor analysis for novar europe limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mature companies, companies in RG12 area or any other competitors across 12 key performance metrics.

novar europe limited Ownership

NOVAR EUROPE LIMITED group structure

Novar Europe Limited has 1 subsidiary company.

Ultimate parent company

HONEYWELL INTERNATIONAL INC

#0030355

2 parents

NOVAR EUROPE LIMITED

00557280

1 subsidiary

NOVAR EUROPE LIMITED Shareholders

novar ltd 100%

novar europe limited directors

Novar Europe Limited currently has 1 director, Mr Lazare Mounzeo serving since Mar 2023.

officercountryagestartendrole
Mr Lazare MounzeoUnited Kingdom57 years Mar 2023- Director

P&L

December 2023

turnover

0

0%

operating profit

0

0%

gross margin

0%

0%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

736.1m

-0.02%

total assets

1.1b

0%

cash

0

0%

net assets

Total assets minus all liabilities

novar europe limited company details

company number

00557280

Type

Private limited with Share Capital

industry

64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.

incorporation date

November 1955

age

70

incorporated

UK

ultimate parent company

HONEYWELL INTERNATIONAL INC

accounts

Full Accounts

last accounts submitted

December 2023

previous names

caradon europe limited (December 2000)

stelrad overseas limited (July 1991)

accountant

-

auditor

DELOITTE LLP

address

honeywell house, skimped hill lane, bracknell, berks, RG12 1EB

Bank

BARCLAYS BANK

Legal Advisor

-

novar europe limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to novar europe limited.

novar europe limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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novar europe limited Companies House Filings - See Documents

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