novalong limited
novalong limited Company Information
Group Structure
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Industry
Non-trading company
Registered Address
869 high road, london, N12 8QA
Website
ashleynathoo.f9.co.uknovalong limited Estimated Valuation
Pomanda estimates the enterprise value of NOVALONG LIMITED at £308.4k based on a Turnover of £515.7k and 0.6x industry multiple (adjusted for size and gross margin).
novalong limited Estimated Valuation
Pomanda estimates the enterprise value of NOVALONG LIMITED at £0 based on an EBITDA of £-133.8k and a 4.23x industry multiple (adjusted for size and gross margin).
novalong limited Estimated Valuation
Pomanda estimates the enterprise value of NOVALONG LIMITED at £4.6m based on Net Assets of £3.4m and 1.35x industry multiple (adjusted for liquidity).
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Novalong Limited Overview
Novalong Limited is a live company located in london, N12 8QA with a Companies House number of 04129503. It operates in the non-trading company sector, SIC Code 74990. Founded in December 2000, it's largest shareholder is daimler conquests ltd with a 100% stake. Novalong Limited is a mature, small sized company, Pomanda has estimated its turnover at £515.7k with healthy growth in recent years.
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Novalong Limited Health Check
Pomanda's financial health check has awarded Novalong Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £515.7k, make it smaller than the average company (£3.8m)
- Novalong Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (5.8%)
- Novalong Limited
5.8% - Industry AVG
Production
with a gross margin of 36%, this company has a comparable cost of product (36%)
- Novalong Limited
36% - Industry AVG
Profitability
an operating margin of -26% make it less profitable than the average company (5%)
- Novalong Limited
5% - Industry AVG
Employees
with 2 employees, this is below the industry average (41)
2 - Novalong Limited
41 - Industry AVG
Pay Structure
on an average salary of £41.8k, the company has an equivalent pay structure (£41.8k)
- Novalong Limited
£41.8k - Industry AVG
Efficiency
resulting in sales per employee of £257.9k, this is more efficient (£154.1k)
- Novalong Limited
£154.1k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (41 days)
- Novalong Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (41 days)
- Novalong Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Novalong Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 636 weeks, this is more cash available to meet short term requirements (34 weeks)
636 weeks - Novalong Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.2%, this is a lower level of debt than the average (47.5%)
14.2% - Novalong Limited
47.5% - Industry AVG
NOVALONG LIMITED financials
Novalong Limited's latest turnover from December 2023 is estimated at £515.7 thousand and the company has net assets of £3.4 million. According to their latest financial statements, Novalong Limited has 2 employees and maintains cash reserves of £193.6 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 | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 3 | 3 | 3 | 3 | 1 | |||||||||
| EBITDA* |
* 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 | 339 | 506 | 755 | 1,127 | 1,683 | 2,511 | 1,791 | 364 | 543 | 811 | 1,004 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 982,000 | 982,000 | 982,000 | 982,000 | 982,000 | 982,000 | 582,000 | 582,000 | 1,934,308 | 1,934,308 | 2,230,538 | 1,863,000 | 355,017 | 0 | 0 |
| Debtors (Due After 1 year) | 1,086,594 | 1,086,594 | 1,086,594 | 1,036,594 | 1,036,594 | 1,311,394 | 1,076,815 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,068,933 | 2,069,100 | 2,069,349 | 2,019,721 | 2,020,277 | 2,295,905 | 1,660,606 | 582,364 | 1,934,851 | 1,935,119 | 2,231,542 | 1,863,000 | 355,017 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 121,957 | 106,457 | 90,957 | 75,457 | 59,957 | 44,457 | 28,957 | 13,457 | 5,705 | 16,664 | 14,269 | 271,229 | 1,256 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,555,749 | 1,510,844 | 1,179,816 | 895,722 | 916,383 | 1,163,458 | 793,955 | 5,377,971 | 14,225 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 193,605 | 392,831 | 1,182,127 | 259,728 | 638,044 | 282,764 | 2,714,512 | 13,983 | 12,726 | 33,311 | 18,255 | 9,132 | 5,416 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,871,311 | 2,010,132 | 2,452,900 | 1,230,907 | 1,614,384 | 1,490,679 | 3,537,424 | 5,405,411 | 32,656 | 49,975 | 32,524 | 280,361 | 6,672 | 0 | 0 |
| total assets | 3,940,244 | 4,079,232 | 4,522,249 | 3,250,628 | 3,634,661 | 3,786,584 | 5,198,030 | 5,987,775 | 1,967,507 | 1,985,094 | 2,264,066 | 2,143,361 | 361,689 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 199 | 678 | 377 | 13,210 | 19,847 | 18,862 | 13,162 | 13,162 | 25,161 | 159,012 | 151,707 | 308,266 | 361,589 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 67,861 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 15,630 | 24,452 | 153,082 | 21,132 | 21,148 | 82,545 | 220,198 | 958,312 | 94,089 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 15,829 | 25,130 | 153,459 | 34,342 | 40,995 | 101,407 | 233,360 | 971,474 | 187,111 | 159,012 | 151,707 | 308,266 | 361,589 | 0 | 0 |
| loans | 408,200 | 375,200 | 375,200 | 375,200 | 375,200 | 0 | 0 | 59,367 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,100,000 | 1,100,000 | 0 | 0 | 0 |
| provisions | 136,140 | 103,466 | 103,466 | 103,466 | 103,466 | 103,466 | 27,466 | 27,466 | 38,357 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 544,340 | 478,666 | 478,666 | 478,666 | 478,666 | 103,466 | 27,466 | 86,833 | 38,357 | 0 | 1,100,000 | 1,100,000 | 0 | 0 | 0 |
| total liabilities | 560,169 | 503,796 | 632,125 | 513,008 | 519,661 | 204,873 | 260,826 | 1,058,307 | 225,468 | 159,012 | 1,251,707 | 1,408,266 | 361,589 | 0 | 0 |
| net assets | 3,380,075 | 3,575,436 | 3,890,124 | 2,737,620 | 3,115,000 | 3,581,711 | 4,937,204 | 4,929,468 | 1,742,039 | 1,826,082 | 1,012,359 | 735,095 | 100 | 0 | 0 |
| total shareholders funds | 3,380,075 | 3,575,436 | 3,890,124 | 2,737,620 | 3,115,000 | 3,581,711 | 4,937,204 | 4,929,468 | 1,742,039 | 1,826,082 | 1,012,359 | 735,095 | 100 | 0 | 0 |
| 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 | |||||||||||||||
| Depreciation | 167 | 149 | 372 | 556 | 828 | 1,237 | 882 | 179 | 268 | 400 | 494 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 60,405 | 346,528 | 349,594 | -5,161 | -506,375 | 619,582 | -3,491,701 | 5,371,498 | 3,266 | 2,395 | -256,960 | 269,973 | 1,256 | 0 | 0 |
| Creditors | -479 | 301 | -12,833 | -6,637 | 985 | 5,700 | 0 | -11,999 | -133,851 | 7,305 | -156,559 | -53,323 | 361,589 | 0 | 0 |
| Accruals and Deferred Income | -8,822 | -128,630 | 131,950 | -16 | -61,397 | -137,653 | -738,114 | 864,223 | 94,089 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 32,674 | 0 | 0 | 0 | 0 | 76,000 | 0 | -10,891 | 38,357 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 400,000 | 0 | -1,352,308 | 0 | -296,230 | 367,538 | 1,507,983 | 355,017 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -67,861 | 67,861 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 33,000 | 0 | 0 | 0 | 375,200 | 0 | -59,367 | 59,367 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,100,000 | 0 | 1,100,000 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -199,226 | -789,296 | 922,399 | -378,316 | 355,280 | -2,431,748 | 2,700,529 | 1,257 | -20,585 | 15,056 | 9,123 | 3,716 | 5,416 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -199,226 | -789,296 | 922,399 | -378,316 | 355,280 | -2,431,748 | 2,700,529 | 1,257 | -20,585 | 15,056 | 9,123 | 3,716 | 5,416 | 0 | 0 |
novalong limited Credit Report and Business Information
Novalong Limited Competitor Analysis
Perform a competitor analysis for novalong limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in N12 area or any other competitors across 12 key performance metrics.
novalong limited Ownership
NOVALONG LIMITED group structure
Novalong Limited has 2 subsidiary companies.
Ultimate parent company
1 parent
NOVALONG LIMITED
04129503
2 subsidiaries
novalong limited directors
Novalong Limited currently has 1 director, Mr Patrick Magee serving since Sep 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patrick Magee | England | 75 years | Sep 2013 | - | Director |
P&L
December 2023turnover
515.7k
+4%
operating profit
-134k
0%
gross margin
36.1%
+5.52%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.4m
-0.05%
total assets
3.9m
-0.03%
cash
193.6k
-0.51%
net assets
Total assets minus all liabilities
novalong limited company details
company number
04129503
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
December 2000
age
25
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
AC PARTNERS LLP
auditor
-
address
869 high road, london, N12 8QA
Bank
-
Legal Advisor
-
novalong 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 5 charges/mortgages relating to novalong limited. Currently there are 4 open charges and 1 have been satisfied in the past.
novalong 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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novalong limited Companies House Filings - See Documents
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