novapproach limited

novapproach limited Company Information

Share NOVAPPROACH LIMITED
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Company Number

07118606

Industry

Management consultancy activities (other than financial management)

 

Shareholders

andrea nahum

charles nahum

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Group Structure

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Contact

Registered Address

52 high street, pinner, middlesex, HA5 5PW

novapproach limited Estimated Valuation

£182.7k

Pomanda estimates the enterprise value of NOVAPPROACH LIMITED at £182.7k based on a Turnover of £318.2k and 0.57x industry multiple (adjusted for size and gross margin).

novapproach limited Estimated Valuation

£0

Pomanda estimates the enterprise value of NOVAPPROACH LIMITED at £0 based on an EBITDA of £-29.1k and a 4.52x industry multiple (adjusted for size and gross margin).

novapproach limited Estimated Valuation

£5.9m

Pomanda estimates the enterprise value of NOVAPPROACH LIMITED at £5.9m based on Net Assets of £2.2m and 2.7x industry multiple (adjusted for liquidity).

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Novapproach Limited Overview

Novapproach Limited is a live company located in middlesex, HA5 5PW with a Companies House number of 07118606. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in January 2010, it's largest shareholder is andrea nahum with a 25% stake. Novapproach Limited is a established, micro sized company, Pomanda has estimated its turnover at £318.2k with declining growth in recent years.

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Novapproach Limited Health Check

Pomanda's financial health check has awarded Novapproach Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £318.2k, make it larger than the average company (£246.3k)

£318.2k - Novapproach Limited

£246.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (9.9%)

-6% - Novapproach Limited

9.9% - Industry AVG

production

Production

with a gross margin of 55.8%, this company has a comparable cost of product (55.8%)

55.8% - Novapproach Limited

55.8% - Industry AVG

profitability

Profitability

an operating margin of -13.2% make it less profitable than the average company (8.9%)

-13.2% - Novapproach Limited

8.9% - Industry AVG

employees

Employees

with 3 employees, this is similar to the industry average (3)

3 - Novapproach Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £43k, the company has an equivalent pay structure (£43k)

£43k - Novapproach Limited

£43k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £106.1k, this is equally as efficient (£106.1k)

£106.1k - Novapproach Limited

£106.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Novapproach Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Novapproach Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Novapproach Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 212 weeks, this is more cash available to meet short term requirements (27 weeks)

212 weeks - Novapproach Limited

27 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.1%, this is a lower level of debt than the average (52.8%)

9.1% - Novapproach Limited

52.8% - Industry AVG

NOVAPPROACH LIMITED financials

EXPORTms excel logo

Novapproach Limited's latest turnover from March 2024 is estimated at £318.2 thousand and the company has net assets of £2.2 million. According to their latest financial statements, Novapproach Limited has 3 employees and maintains cash reserves of £903.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Turnover318,193425,991407,624388,679415,582464,457451,177461,655377,115391,063160,55678,196114,920346,788
Other Income Or Grants00000000000000
Cost Of Sales140,526193,721183,576168,935175,956181,530167,701157,270133,730143,79856,11724,86634,997100,796
Gross Profit177,666232,270224,048219,744239,626282,927283,475304,386243,385247,264104,43953,33079,923245,993
Admin Expenses219,527248,363248,86686,04118,04769,95181,16158,479-100,176-219,700-257,762-174,515-113,95481,185
Operating Profit-41,861-16,093-24,818133,703221,579212,976202,314245,907343,561466,964362,201227,845193,877164,808
Interest Payable00000000000000
Interest Receivable46,98235,2526,2758819306,0232,8921,1741,3722,4033,2021,9531,027273
Pre-Tax Profit5,12119,159-18,543134,584222,509218,999205,206247,081344,933469,367365,403229,797194,904165,081
Tax-1,280-3,6400-25,571-42,277-41,610-38,989-49,416-68,986-98,567-84,043-55,151-50,675-46,223
Profit After Tax3,84115,519-18,543109,013180,232177,389166,217197,665275,946370,800281,360174,646144,229118,858
Dividends Paid00000000000000
Retained Profit3,84115,519-18,543109,013180,232177,389166,217197,665275,946370,800281,360174,646144,229118,858
Employee Costs128,967162,200157,676142,908145,696185,164172,133178,054147,515148,387100,43550,25548,957139,355
Number Of Employees34444444332113
EBITDA*-29,078-3,310-12,035133,703221,579212,976202,314245,907343,561466,964362,201227,845193,877164,808

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Tangible Assets1,030,1481,042,9311,055,7141,017,3671,017,3671,017,3671,017,3671,017,3671,017,367983,9970000
Intangible Assets00000000000000
Investments & Other372,928283,978195,00260,3030000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets1,403,0761,326,9091,250,7161,077,6701,017,3671,017,3671,017,3671,017,3671,017,367983,9970000
Stock & work in progress00000000000000
Trade Debtors00000000053,55513,7287,40413,45657,800
Group Debtors00000000000000
Misc Debtors111,62898,493183,662293,007301,291105,250260,71171,70554,38500000
Cash903,378886,430772,504900,919860,202999,485606,652550,269388,958159,741801,446479,316301,740109,212
misc current assets00000000000000
total current assets1,015,006984,923956,1661,193,9261,161,4931,104,735867,363621,974443,343213,296815,174486,720315,196167,012
total assets2,418,0822,311,8322,206,8822,271,5962,178,8602,122,1021,884,7301,639,3411,460,7101,197,293815,174486,720315,196167,012
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 000000000107,39696,07748,98352,10548,150
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities220,906118,49729,06675,23791,514214,988155,00575,83394,86700000
total current liabilities220,906118,49729,06675,23791,514214,988155,00575,83394,867107,39696,07748,98352,10548,150
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities00000000000000
provisions00000000000000
total long term liabilities00000000000000
total liabilities220,906118,49729,06675,23791,514214,988155,00575,83394,867107,39696,07748,98352,10548,150
net assets2,197,1762,193,3352,177,8162,196,3592,087,3461,907,1141,729,7251,563,5081,365,8431,089,897719,097437,737263,091118,862
total shareholders funds2,197,1762,193,3352,177,8162,196,3592,087,3461,907,1141,729,7251,563,5081,365,8431,089,897719,097437,737263,091118,862
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011
Operating Activities
Operating Profit-41,861-16,093-24,818133,703221,579212,976202,314245,907343,561466,964362,201227,845193,877164,808
Depreciation12,78312,78312,78300000000000
Amortisation00000000000000
Tax-1,280-3,6400-25,571-42,277-41,610-38,989-49,416-68,986-98,567-84,043-55,151-50,675-46,223
Stock00000000000000
Debtors13,135-85,169-109,345-8,284196,041-155,461189,00617,32083039,8276,324-6,052-44,34457,800
Creditors00000000-107,39611,31947,094-3,1223,95548,150
Accruals and Deferred Income102,40989,431-46,171-16,277-123,47459,98379,172-19,03494,86700000
Deferred Taxes & Provisions00000000000000
Cash flow from operations58,916167,65051,139100,139-140,213386,81053,491160,137261,216339,889318,928175,624191,501108,935
Investing Activities
capital expenditure00-51,13000000-33,370-983,9970000
Change in Investments88,95088,976134,69960,3030000000000
cash flow from investments-88,950-88,976-185,829-60,3030000-33,370-983,9970000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities00000000000000
share issue00000000000004
interest46,98235,2526,2758819306,0232,8921,1741,3722,4033,2021,9531,027273
cash flow from financing46,98235,2526,2758819306,0232,8921,1741,3722,4033,2021,9531,027277
cash and cash equivalents
cash16,948113,926-128,41540,717-139,283392,83356,383161,311229,217-641,705322,130177,576192,528109,212
overdraft00000000000000
change in cash16,948113,926-128,41540,717-139,283392,83356,383161,311229,217-641,705322,130177,576192,528109,212

novapproach 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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Novapproach Limited Competitor Analysis

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Perform a competitor analysis for novapproach limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA5 area or any other competitors across 12 key performance metrics.

novapproach limited Ownership

NOVAPPROACH LIMITED group structure

Novapproach Limited has no subsidiary companies.

Ultimate parent company

NOVAPPROACH LIMITED

07118606

NOVAPPROACH LIMITED Shareholders

andrea nahum 25%
charles nahum 25%
niran nahum 25%
nathalie nahum 25%

novapproach limited directors

Novapproach Limited currently has 2 directors. The longest serving directors include Mr Charles Nahum (Jan 2010) and Ms Nathalie Nahum (Jun 2023).

officercountryagestartendrole
Mr Charles NahumEngland62 years Jan 2010- Director
Ms Nathalie NahumEngland60 years Jun 2023- Director

P&L

March 2024

turnover

318.2k

-25%

operating profit

-41.9k

0%

gross margin

55.9%

+2.41%

turnover

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

Balance Sheet

March 2024

net assets

2.2m

0%

total assets

2.4m

+0.05%

cash

903.4k

+0.02%

net assets

Total assets minus all liabilities

novapproach limited company details

company number

07118606

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

January 2010

age

14

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

52 high street, pinner, middlesex, HA5 5PW

Bank

-

Legal Advisor

-

novapproach 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 novapproach limited.

novapproach 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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novapproach limited Companies House Filings - See Documents

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