novo business network ltd
novo business network ltd Company Information
Company Number
06607111
Next Accounts
Sep 2025
Industry
Management consultancy activities (other than financial management)
Shareholders
interlace consulting ltd
Group Structure
View All
Contact
Registered Address
fifth floor 5 new street square, london, EC4A 3BF
Website
-novo business network ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVO BUSINESS NETWORK LTD at £86.9k based on a Turnover of £159.3k and 0.55x industry multiple (adjusted for size and gross margin).
novo business network ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVO BUSINESS NETWORK LTD at £0 based on an EBITDA of £0 and a 4.18x industry multiple (adjusted for size and gross margin).
novo business network ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVO BUSINESS NETWORK LTD at £2.9k based on Net Assets of £1.1k and 2.68x industry multiple (adjusted for liquidity).
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Novo Business Network Ltd Overview
Novo Business Network Ltd is a live company located in london, EC4A 3BF with a Companies House number of 06607111. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in May 2008, it's largest shareholder is interlace consulting ltd with a 100% stake. Novo Business Network Ltd is a established, micro sized company, Pomanda has estimated its turnover at £159.3k with declining growth in recent years.
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Novo Business Network Ltd Health Check
Pomanda's financial health check has awarded Novo Business Network Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
2 Regular
8 Weak
Size
annual sales of £159.3k, make it smaller than the average company (£877k)
- Novo Business Network Ltd
£877k - Industry AVG
Growth
3 year (CAGR) sales growth of -27%, show it is growing at a slower rate (8.5%)
- Novo Business Network Ltd
8.5% - Industry AVG
Production
with a gross margin of 58.3%, this company has a comparable cost of product (58.3%)
- Novo Business Network Ltd
58.3% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (7.2%)
- Novo Business Network Ltd
7.2% - Industry AVG
Employees
with 2 employees, this is below the industry average (8)
2 - Novo Business Network Ltd
8 - Industry AVG
Pay Structure
on an average salary of £57.1k, the company has an equivalent pay structure (£57.1k)
- Novo Business Network Ltd
£57.1k - Industry AVG
Efficiency
resulting in sales per employee of £79.7k, this is less efficient (£133.5k)
- Novo Business Network Ltd
£133.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Novo Business Network Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (25 days)
- Novo Business Network Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Novo Business Network Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Novo Business Network Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.6%, this is a higher level of debt than the average (55.9%)
93.6% - Novo Business Network Ltd
55.9% - Industry AVG
NOVO BUSINESS NETWORK LTD financials
Novo Business Network Ltd's latest turnover from December 2023 is estimated at £159.3 thousand and the company has net assets of £1.1 thousand. According to their latest financial statements, Novo Business Network Ltd has 2 employees and maintains cash reserves of £8 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 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 4,838 | 10,117 | 15,715 | 661 | 1,357 | 0 | 913 | 1,682 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 4,839 | 10,118 | 15,716 | 661 | 1,358 | 0 | 914 | 1,683 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,829 | 1,490 | 1,399 | 11,281 | 2,799 | 2,732 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 16,649 | 12,638 | 8,623 | 128,920 | 174,405 | 181,189 | 318,377 | 21,084 | 1,829 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 8 | 4 | 3 | 8 | 95 | 18 | 0 | 23,347 | 997 | 3,480 | 7,372 | 5,230 | 4,576 | 9,496 | 11,424 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 16,657 | 12,643 | 8,627 | 128,929 | 174,501 | 181,207 | 318,378 | 44,432 | 2,826 | 5,309 | 8,862 | 6,629 | 15,857 | 12,295 | 14,156 |
| total assets | 16,657 | 12,643 | 8,627 | 128,929 | 174,501 | 186,046 | 328,496 | 60,147 | 3,487 | 6,667 | 8,862 | 7,543 | 17,540 | 12,295 | 14,156 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 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 | 40 | 1,176 | 15 | 133,741 | 176,973 | 179,549 | 308,203 | 42,284 | 0 | 1,009 | 782 | 2,020 | 6,719 | 1,759 | 3,535 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 15,547 | 10,397 | 9,546 | 7,546 | 10,754 | 9,916 | 15,085 | 14,124 | 981 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 15,588 | 11,574 | 9,561 | 141,288 | 187,728 | 189,466 | 323,290 | 56,409 | 981 | 1,009 | 782 | 2,020 | 6,719 | 1,759 | 3,535 |
| loans | 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 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 132 | 271 | 0 | 182 | 336 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 132 | 272 | 0 | 183 | 337 | 0 | 0 |
| total liabilities | 15,588 | 11,574 | 9,561 | 141,288 | 187,728 | 189,466 | 323,290 | 56,409 | 1,113 | 1,280 | 782 | 2,203 | 7,056 | 1,759 | 3,535 |
| net assets | 1,069 | 1,069 | -935 | -12,359 | -13,227 | -3,420 | 5,206 | 3,739 | 2,374 | 5,386 | 8,079 | 5,341 | 10,484 | 10,536 | 10,621 |
| total shareholders funds | 1,069 | 1,069 | -935 | -12,359 | -13,227 | -3,420 | 5,206 | 3,739 | 2,374 | 5,386 | 8,079 | 5,341 | 10,484 | 10,536 | 10,621 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 4,696 | 5,279 | 5,559 | 831 | 660 | 678 | 957 | 577 | 271 | 0 | 0 |
| Amortisation | 0 | 0 | 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 | 4,011 | 4,015 | -120,297 | -45,485 | -6,784 | -137,188 | 297,293 | 19,255 | 0 | 340 | 91 | -9,883 | 8,482 | 67 | 2,732 |
| Creditors | -1,136 | 1,162 | -133,727 | -43,232 | -2,576 | -128,654 | 265,919 | 41,276 | -1,009 | 226 | -1,237 | -4,699 | 4,960 | -1,776 | 3,535 |
| Accruals and Deferred Income | 5,150 | 851 | 2,000 | -3,208 | 838 | -5,169 | 961 | 14,124 | 981 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -271 | -139 | 271 | -182 | -154 | 336 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 3 | 1 | -5 | -87 | 78 | 18 | -23,347 | 19,867 | -2,483 | -3,892 | 2,142 | 655 | -4,920 | -1,928 | 11,424 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 3 | 1 | -5 | -87 | 78 | 19 | -23,348 | 19,867 | -2,483 | -3,892 | 2,142 | 655 | -4,920 | -1,928 | 11,424 |
novo business network ltd Credit Report and Business Information
Novo Business Network Ltd Competitor Analysis
Perform a competitor analysis for novo business network ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EC4A area or any other competitors across 12 key performance metrics.
novo business network ltd Ownership
NOVO BUSINESS NETWORK LTD group structure
Novo Business Network Ltd has no subsidiary companies.
novo business network ltd directors
Novo Business Network Ltd currently has 2 directors. The longest serving directors include Mr Sten Eriksson (May 2008) and Mr Farhaan Mir (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sten Eriksson | France | 60 years | May 2008 | - | Director |
| Mr Farhaan Mir | United Kingdom | 56 years | Jun 2023 | - | Director |
P&L
December 2023turnover
159.3k
+2%
operating profit
-0.3
0%
gross margin
58.4%
+1.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.1k
0%
total assets
16.7k
+0.32%
cash
7.6
+0.8%
net assets
Total assets minus all liabilities
novo business network ltd company details
company number
06607111
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
May 2008
age
17
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
ZENON TAX LIMITED
auditor
-
address
fifth floor 5 new street square, london, EC4A 3BF
Bank
-
Legal Advisor
-
novo business network ltd 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 novo business network ltd.
novo business network ltd 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.
Click to start generating capital raising & share issue transactions for NOVO BUSINESS NETWORK LTD. This can take several minutes, an email will notify you when this has completed.
novo business network ltd Companies House Filings - See Documents
| date | description | view/download |
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