novus developments limited

novus developments limited Company Information

Share NOVUS DEVELOPMENTS LIMITED
Live 
EstablishedMicroDeclining

Company Number

05617971

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

anthony wheatley

craig andrew wheatley

Group Structure

View All

Contact

Registered Address

loversall court tickhill road, balby, doncaster, DN4 8QG

novus developments limited Estimated Valuation

£923.2k

Pomanda estimates the enterprise value of NOVUS DEVELOPMENTS LIMITED at £923.2k based on a Turnover of £271.1k and 3.41x industry multiple (adjusted for size and gross margin).

novus developments limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NOVUS DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-1.3k and a 7.02x industry multiple (adjusted for size and gross margin).

novus developments limited Estimated Valuation

£71.9k

Pomanda estimates the enterprise value of NOVUS DEVELOPMENTS LIMITED at £71.9k based on Net Assets of £41.4k and 1.74x industry multiple (adjusted for liquidity).

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Novus Developments Limited Overview

Novus Developments Limited is a live company located in doncaster, DN4 8QG with a Companies House number of 05617971. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 2005, it's largest shareholder is anthony wheatley with a 50% stake. Novus Developments Limited is a established, micro sized company, Pomanda has estimated its turnover at £271.1k with declining growth in recent years.

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Novus Developments Limited Health Check

Pomanda's financial health check has awarded Novus Developments Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 9 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating0.5out of 5
positive_score

0 Strong

positive_score

2 Regular

positive_score

9 Weak

size

Size

annual sales of £271.1k, make it smaller than the average company (£1.1m)

£271.1k - Novus Developments Limited

£1.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.6%)

-2% - Novus Developments Limited

3.6% - Industry AVG

production

Production

with a gross margin of 71%, this company has a comparable cost of product (71%)

71% - Novus Developments Limited

71% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (21.8%)

-0.5% - Novus Developments Limited

21.8% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Novus Developments Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)

£33.1k - Novus Developments Limited

£33.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £135.5k, this is less efficient (£201.6k)

£135.5k - Novus Developments Limited

£201.6k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Novus Developments Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1 days, this is quicker than average (35 days)

1 days - Novus Developments Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1882 days, this is more than average (53 days)

1882 days - Novus Developments Limited

53 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)

0 weeks - Novus Developments Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 90.7%, this is a higher level of debt than the average (71.1%)

90.7% - Novus Developments Limited

71.1% - Industry AVG

NOVUS DEVELOPMENTS LIMITED financials

EXPORTms excel logo

Novus Developments Limited's latest turnover from December 2023 is estimated at £271.1 thousand and the company has net assets of £41.4 thousand. According to their latest financial statements, Novus Developments Limited has 2 employees and maintains cash reserves of £1.8 thousand 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
Turnover271,068345,633303,223289,770519,359711,088724,08656,517138,683496,318507,070513,521476,412461,0330
Other Income Or Grants000000000000000
Cost Of Sales78,720101,55595,79890,578171,127221,410210,83615,61745,544182,677187,055187,885174,629163,0760
Gross Profit192,349244,079207,425199,193348,232489,679513,25040,90093,139313,641320,015325,636301,782297,9570
Admin Expenses193,643196,847205,161186,071333,439493,198536,91036,81977,401301,534329,846325,683314,709301,727-8,236
Operating Profit-1,29447,2322,26413,12214,793-3,519-23,6604,08115,73812,107-9,831-47-12,927-3,7708,236
Interest Payable000000000000000
Interest Receivable1,26789371718022223462847295447
Pre-Tax Profit-2748,1252,27213,12314,864-3,439-23,6384,10315,77112,113-9,8030-12,898-3,7168,283
Tax0-9,144-432-2,493-2,82400-820-3,154-2,5440000-2,319
Profit After Tax-2738,9811,84010,63012,040-3,439-23,6383,28212,6179,569-9,8030-12,898-3,7165,964
Dividends Paid000000000000000
Retained Profit-2738,9811,84010,63012,040-3,439-23,6383,28212,6179,569-9,8030-12,898-3,7165,964
Employee Costs66,11293,64890,45585,09487,458140,045160,21626,66526,61177,00073,31496,44471,00672,0120
Number Of Employees233335611334330
EBITDA*-1,29447,2322,26413,12214,793-3,519-23,6604,08115,73812,107-9,831-47-12,927-3,7708,236

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets000000000000000
Stock & work in progress405,941405,941405,941400,750400,000400,000417,048450,000450,000450,000450,000467,580477,685502,685502,685
Trade Debtors00000002,16001432121591542,3592,469
Group Debtors000000000000000
Misc Debtors37,4801,1051,178228132161991741,738000000
Cash1,75346,5164,5101,4081,47717,4083,8615,04412,2851,1731,04510,1658,8162,68318,963
misc current assets000000000000000
total current assets445,174453,562411,629402,386401,609417,569421,008457,378464,023451,316451,257477,904486,655507,727524,117
total assets445,174453,562411,629402,386401,609417,569421,008457,378464,023451,316451,257477,904486,655507,727524,117
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 4056226,230147000782270462,197471,707488,551497,302505,476518,150
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities403,364411,508402,948401,628411,628439,628439,628451,578462,017000000
total current liabilities403,769412,130409,178401,775411,628439,628439,628452,360462,287462,197471,707488,551497,302505,476518,150
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities403,769412,130409,178401,775411,628439,628439,628452,360462,287462,197471,707488,551497,302505,476518,150
net assets41,40541,4322,451611-10,019-22,059-18,6205,0181,736-10,881-20,450-10,647-10,6472,2515,967
total shareholders funds41,40541,4322,451611-10,019-22,059-18,6205,0181,736-10,881-20,450-10,647-10,6472,2515,967
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-1,29447,2322,26413,12214,793-3,519-23,6604,08115,73812,107-9,831-47-12,927-3,7708,236
Depreciation000000000000000
Amortisation000000000000000
Tax0-9,144-432-2,493-2,82400-820-3,154-2,5440000-2,319
Stock005,1917500-17,048-32,952000-17,580-10,105-25,0000502,685
Debtors36,375-7395096-2962-2,2355961,595-69535-2,205-1102,469
Creditors-217-5,6086,08314700-782512-461,927-9,510-16,844-8,751-8,174-12,674518,150
Accruals and Deferred Income-8,1448,5601,320-10,000-28,0000-11,950-10,439462,017000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-46,03041,1133,094-70-16,00213,467-1,205-7,26211,079122-9,1481,3026,104-16,33418,913
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000003
interest1,26789371718022223462847295447
cash flow from financing1,26789371718022223462847295450
cash and cash equivalents
cash-44,76342,0063,102-69-15,93113,547-1,183-7,24111,112128-9,1201,3496,133-16,28018,963
overdraft000000000000000
change in cash-44,76342,0063,102-69-15,93113,547-1,183-7,24111,112128-9,1201,3496,133-16,28018,963

novus developments 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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Novus Developments Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for novus developments limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in DN4 area or any other competitors across 12 key performance metrics.

novus developments limited Ownership

NOVUS DEVELOPMENTS LIMITED group structure

Novus Developments Limited has no subsidiary companies.

Ultimate parent company

NOVUS DEVELOPMENTS LIMITED

05617971

NOVUS DEVELOPMENTS LIMITED Shareholders

anthony wheatley 50%
craig andrew wheatley 50%

novus developments limited directors

Novus Developments Limited currently has 2 directors. The longest serving directors include Mr Anthony Wheatley (Nov 2005) and Mr Craig Wheatley (Apr 2007).

officercountryagestartendrole
Mr Anthony WheatleyEngland54 years Nov 2005- Director
Mr Craig WheatleyEngland51 years Apr 2007- Director

P&L

December 2023

turnover

271.1k

-22%

operating profit

-1.3k

0%

gross margin

71%

+0.48%

turnover

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

Balance Sheet

December 2023

net assets

41.4k

0%

total assets

445.2k

-0.02%

cash

1.8k

-0.96%

net assets

Total assets minus all liabilities

novus developments limited company details

company number

05617971

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

November 2005

age

19

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

HAWSONS

auditor

-

address

loversall court tickhill road, balby, doncaster, DN4 8QG

Bank

-

Legal Advisor

-

novus developments 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 novus developments limited.

novus developments 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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novus developments limited Companies House Filings - See Documents

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