novotrade (uk) limited
novotrade (uk) limited Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
first floor, 690, great west road, isleworth, TW7 4PU
Website
-novotrade (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of NOVOTRADE (UK) LIMITED at £193.3k based on a Turnover of £281.1k and 0.69x industry multiple (adjusted for size and gross margin).
novotrade (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of NOVOTRADE (UK) LIMITED at £0 based on an EBITDA of £-21.1k and a 4.53x industry multiple (adjusted for size and gross margin).
novotrade (uk) limited Estimated Valuation
Pomanda estimates the enterprise value of NOVOTRADE (UK) LIMITED at £18.6k based on Net Assets of £9.5k and 1.96x industry multiple (adjusted for liquidity).
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Novotrade (uk) Limited Overview
Novotrade (uk) Limited is a live company located in isleworth, TW7 4PU with a Companies House number of 02437493. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in October 1989, it's largest shareholder is istvan veto with a 100% stake. Novotrade (uk) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £281.1k with declining growth in recent years.
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Novotrade (uk) Limited Health Check
Pomanda's financial health check has awarded Novotrade (Uk) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £281.1k, make it smaller than the average company (£1.2m)
- Novotrade (uk) Limited
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -69%, show it is growing at a slower rate (7.9%)
- Novotrade (uk) Limited
7.9% - Industry AVG
Production
with a gross margin of 42%, this company has a comparable cost of product (42%)
- Novotrade (uk) Limited
42% - Industry AVG
Profitability
an operating margin of -7.5% make it less profitable than the average company (6.4%)
- Novotrade (uk) Limited
6.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
2 - Novotrade (uk) Limited
15 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Novotrade (uk) Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £140.5k, this is more efficient (£104.2k)
- Novotrade (uk) Limited
£104.2k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Novotrade (uk) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 171 days, this is slower than average (40 days)
- Novotrade (uk) Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Novotrade (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 77 weeks, this is more cash available to meet short term requirements (38 weeks)
77 weeks - Novotrade (uk) Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.9%, this is a higher level of debt than the average (48%)
93.9% - Novotrade (uk) Limited
48% - Industry AVG
NOVOTRADE (UK) LIMITED financials
Novotrade (Uk) Limited's latest turnover from December 2023 is estimated at £281.1 thousand and the company has net assets of £9.5 thousand. According to their latest financial statements, Novotrade (Uk) Limited has 2 employees and maintains cash reserves of £154 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,042,317 | ||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 1,881,545 | ||||||||||||||
| Gross Profit | 160,772 | ||||||||||||||
| Admin Expenses | 153,926 | ||||||||||||||
| Operating Profit | 6,846 | ||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | 6,846 | ||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | 6,846 | ||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | 6,846 | ||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | ||||||
| EBITDA* | 7,237 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 309 | 405 | 532 | 699 | 920 | 1,211 | 294 | 368 | 460 | 575 | 718 | 898 | 1,123 | 1,094 | |
| Intangible Assets | |||||||||||||||
| Investments & Other | 705 | 705 | 705 | 705 | 705 | 705 | 705 | 705 | 705 | 705 | 705 | 705 | 705 | ||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 309 | 1,110 | 1,237 | 1,404 | 1,625 | 1,916 | 999 | 1,073 | 1,165 | 1,280 | 1,423 | 1,603 | 1,828 | 1,799 | |
| Stock & work in progress | 1,867,417 | ||||||||||||||
| Trade Debtors | 2,006,159 | 1,522,053 | 3,041,545 | 834,564 | 200 | 200 | 198 | 1,528 | 895 | 916 | 3,643 | 3,372 | 200 | ||
| Group Debtors | 30,824 | ||||||||||||||
| Misc Debtors | 952 | 1,549 | 1,218 | 20,311 | 257,853 | 1,387 | 5,930 | 6,223 | 1,272 | 3,242 | |||||
| Cash | 154,002 | 198,668 | 135,392 | 170,855 | 41,731 | 88,713 | 59,403 | 18,474 | 10,642 | 6,098 | 32,971 | 31,395 | 42,278 | 14,328 | 89,740 |
| misc current assets | |||||||||||||||
| total current assets | 154,954 | 200,217 | 2,142,769 | 1,713,219 | 5,208,546 | 924,664 | 65,533 | 24,897 | 12,112 | 7,626 | 33,866 | 32,311 | 45,921 | 17,700 | 124,006 |
| total assets | 154,954 | 200,526 | 2,143,879 | 1,714,456 | 5,209,950 | 926,289 | 67,449 | 25,896 | 13,185 | 8,791 | 35,146 | 33,734 | 47,524 | 19,528 | 125,805 |
| Bank overdraft | 8 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 76,613 | 103,094 | 2,080,284 | 1,566,246 | 5,088,631 | 836,511 | 2,068 | 7,282 | 7,362 | 7,594 | 37,515 | 34,356 | |||
| Group/Directors Accounts | 20,748 | 20,748 | 2,855 | 705 | 13,726 | 25,854 | 705 | 705 | 1,300 | 66,479 | |||||
| other short term finances | 4,644 | 6,239 | 5,000 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 1,585 | 1,805 | 1,420 | 11,288 | 9,327 | 1,190 | 1,675 | 1,785 | 8,028 | 35,394 | |||||
| total current liabilities | 103,590 | 131,886 | 2,089,559 | 1,578,239 | 5,111,684 | 863,563 | 4,448 | 2,490 | 9,328 | 7,282 | 7,362 | 7,594 | 37,515 | 34,356 | 101,873 |
| loans | 41,862 | 41,923 | 44,401 | 50,000 | |||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 41,862 | 41,923 | 44,401 | 50,000 | |||||||||||
| total liabilities | 145,452 | 173,809 | 2,133,960 | 1,628,239 | 5,111,684 | 863,563 | 4,448 | 2,490 | 9,328 | 7,282 | 7,362 | 7,594 | 37,515 | 34,356 | 101,873 |
| net assets | 9,502 | 26,717 | 9,919 | 86,217 | 98,266 | 62,726 | 63,001 | 23,406 | 3,857 | 1,509 | 27,784 | 26,140 | 10,009 | -14,828 | 23,932 |
| total shareholders funds | 9,502 | 26,717 | 9,919 | 86,217 | 98,266 | 62,726 | 63,001 | 23,406 | 3,857 | 1,509 | 27,784 | 26,140 | 10,009 | -14,828 | 23,932 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 6,846 | ||||||||||||||
| Depreciation | 73 | 96 | 127 | 167 | 221 | 291 | 148 | 74 | 92 | 115 | 143 | 180 | 225 | 280 | 391 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -1,867,417 | 1,867,417 | |||||||||||||
| Debtors | -597 | -2,005,828 | 465,013 | -1,757,034 | 2,463,447 | 829,821 | -293 | 4,953 | -58 | 633 | -21 | -2,727 | 271 | -30,894 | 34,266 |
| Creditors | -26,481 | -1,977,190 | 514,038 | -3,522,385 | 4,252,120 | 834,443 | 2,068 | -7,282 | -80 | -232 | -29,921 | 3,159 | 34,356 | ||
| Accruals and Deferred Income | -220 | 385 | -9,868 | 1,961 | 8,137 | -485 | -110 | -6,243 | 8,028 | -35,394 | 35,394 | ||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 8,365 | ||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -705 | 705 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 17,893 | 2,150 | -13,021 | -12,128 | 25,149 | -595 | 1,300 | -66,479 | 66,479 | ||||||
| Other Short Term Loans | -1,595 | 1,239 | 5,000 | ||||||||||||
| Long term loans | -61 | -2,478 | -5,599 | 50,000 | |||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 83,565 | ||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -44,666 | 63,276 | -35,463 | 129,124 | -46,982 | 29,310 | 40,929 | 7,832 | 4,544 | -26,873 | 1,576 | -10,883 | 27,950 | -75,412 | 89,740 |
| overdraft | -8 | 8 | |||||||||||||
| change in cash | -44,666 | 63,276 | -35,463 | 129,124 | -46,974 | 29,302 | 40,929 | 7,832 | 4,544 | -26,873 | 1,576 | -10,883 | 27,950 | -75,412 | 89,740 |
novotrade (uk) limited Credit Report and Business Information
Novotrade (uk) Limited Competitor Analysis
Perform a competitor analysis for novotrade (uk) limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in TW7 area or any other competitors across 12 key performance metrics.
novotrade (uk) limited Ownership
NOVOTRADE (UK) LIMITED group structure
Novotrade (Uk) Limited has no subsidiary companies.
Ultimate parent company
NOVOTRADE (UK) LIMITED
02437493
novotrade (uk) limited directors
Novotrade (Uk) Limited currently has 1 director, Mr Istvan Veto serving since May 1991.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Istvan Veto | United Kingdom | 66 years | May 1991 | - | Director |
P&L
December 2023turnover
281.1k
-11%
operating profit
-21.1k
0%
gross margin
42%
+0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
9.5k
-0.64%
total assets
155k
-0.23%
cash
154k
-0.22%
net assets
Total assets minus all liabilities
novotrade (uk) limited company details
company number
02437493
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
October 1989
age
36
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
LEVER BROS & CO
auditor
-
address
first floor, 690, great west road, isleworth, TW7 4PU
Bank
-
Legal Advisor
-
novotrade (uk) 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 found 1 charges/mortgages relating to novotrade (uk) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
novotrade (uk) 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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novotrade (uk) limited Companies House Filings - See Documents
| date | description | view/download |
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