novation business solutions ltd
novation business solutions ltd Company Information
Company Number
08699572
Next Accounts
Jun 2025
Industry
Combined office administrative service activities
Directors
Shareholders
julie withers
Group Structure
View All
Contact
Registered Address
7 capital east apartments, western gateway, london, E16 1AS
Website
-novation business solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVATION BUSINESS SOLUTIONS LTD at £114.5k based on a Turnover of £350.8k and 0.33x industry multiple (adjusted for size and gross margin).
novation business solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVATION BUSINESS SOLUTIONS LTD at £28.6k based on an EBITDA of £13.6k and a 2.1x industry multiple (adjusted for size and gross margin).
novation business solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVATION BUSINESS SOLUTIONS LTD at £276.8k based on Net Assets of £100.5k and 2.75x industry multiple (adjusted for liquidity).
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Novation Business Solutions Ltd Overview
Novation Business Solutions Ltd is a live company located in london, E16 1AS with a Companies House number of 08699572. It operates in the combined office administrative service activities sector, SIC Code 82110. Founded in September 2013, it's largest shareholder is julie withers with a 100% stake. Novation Business Solutions Ltd is a established, micro sized company, Pomanda has estimated its turnover at £350.8k with rapid growth in recent years.
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Novation Business Solutions Ltd Health Check
Pomanda's financial health check has awarded Novation Business Solutions Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £350.8k, make it smaller than the average company (£1.1m)
- Novation Business Solutions Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 55%, show it is growing at a faster rate (5.1%)
- Novation Business Solutions Ltd
5.1% - Industry AVG
Production
with a gross margin of 14.7%, this company has a higher cost of product (45.6%)
- Novation Business Solutions Ltd
45.6% - Industry AVG
Profitability
an operating margin of 3.9% make it more profitable than the average company (3.2%)
- Novation Business Solutions Ltd
3.2% - Industry AVG
Employees
with 1 employees, this is below the industry average (13)
1 - Novation Business Solutions Ltd
13 - Industry AVG
Pay Structure
on an average salary of £37.1k, the company has an equivalent pay structure (£37.1k)
- Novation Business Solutions Ltd
£37.1k - Industry AVG
Efficiency
resulting in sales per employee of £350.8k, this is more efficient (£91.1k)
- Novation Business Solutions Ltd
£91.1k - Industry AVG
Debtor Days
it gets paid by customers after 192 days, this is later than average (32 days)
- Novation Business Solutions Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 41 days, this is slower than average (28 days)
- Novation Business Solutions Ltd
28 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Novation Business Solutions Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Novation Business Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.7%, this is a lower level of debt than the average (56.3%)
45.7% - Novation Business Solutions Ltd
56.3% - Industry AVG
NOVATION BUSINESS SOLUTIONS LTD financials
Novation Business Solutions Ltd's latest turnover from September 2023 is estimated at £350.8 thousand and the company has net assets of £100.5 thousand. According to their latest financial statements, Novation Business Solutions Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 107,609 | 66,110 | 95,090 | 60,425 | 88,488 | 55,713 | ||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | 38,398 | 54,254 | 83,366 | 45,186 | 72,666 | 40,376 | ||||
| Tax | -7,400 | -10,332 | -15,831 | -8,626 | -13,838 | -7,996 | ||||
| Profit After Tax | 30,998 | 43,922 | 67,535 | 36,560 | 58,828 | 32,380 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | 30,998 | 43,922 | 67,535 | 36,560 | 58,828 | 32,380 | ||||
| Employee Costs | 8,971 | 8,814 | 8,592 | 8,566 | 8,426 | 8,090 | ||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | |||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 149 | 300 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 149 | 300 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 185,254 | 104,577 | 104,646 | 111,720 | 76,296 | 81,274 | 50,705 | 3,150 | 3,600 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 69,145 | 40,943 | 39,879 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 185,254 | 104,577 | 104,646 | 111,720 | 76,296 | 81,274 | 50,705 | 72,295 | 44,543 | 39,879 |
| total assets | 185,254 | 104,577 | 104,646 | 111,720 | 76,296 | 81,274 | 50,705 | 72,295 | 44,692 | 40,179 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 33,884 | 14,265 | 10,332 | 21,789 | 12,973 | 19,084 | 9,144 | 29,311 | 11,608 | 17,618 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 33,884 | 14,265 | 10,332 | 21,789 | 12,973 | 19,084 | 9,144 | 29,311 | 11,608 | 17,618 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 50,850 | 0 | 0 | 0 | 0 | 0 | 1,200 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 50,850 | 0 | 0 | 0 | 0 | 0 | 1,200 | 0 | 0 | 0 |
| total liabilities | 84,734 | 14,265 | 10,332 | 21,789 | 12,973 | 19,084 | 10,344 | 29,311 | 11,608 | 17,618 |
| net assets | 100,520 | 90,312 | 94,314 | 89,931 | 63,323 | 62,190 | 40,361 | 42,984 | 33,084 | 22,561 |
| total shareholders funds | 100,520 | 90,312 | 94,314 | 89,931 | 63,323 | 62,190 | 40,361 | 42,984 | 33,084 | 22,561 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 75 | 151 | 153 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -7,400 | -10,332 | -15,831 | -8,626 | -13,838 | -7,996 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 80,677 | -69 | -7,074 | 35,424 | -4,978 | 30,569 | 47,555 | -450 | 3,600 | 0 |
| Creditors | 19,619 | 3,933 | -11,457 | 8,816 | -6,111 | 9,940 | -20,167 | 17,703 | -6,010 | 17,618 |
| Accruals and Deferred Income | 50,850 | 0 | 0 | 0 | 0 | -1,200 | 1,200 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| cash flow from financing | -35,000 | -39,539 | -40,927 | -35,427 | -36,999 | -35,003 | ||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -69,145 | 28,202 | 1,064 | 39,879 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -69,145 | 28,202 | 1,064 | 39,879 |
novation business solutions ltd Credit Report and Business Information
Novation Business Solutions Ltd Competitor Analysis
Perform a competitor analysis for novation business solutions ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in E16 area or any other competitors across 12 key performance metrics.
novation business solutions ltd Ownership
NOVATION BUSINESS SOLUTIONS LTD group structure
Novation Business Solutions Ltd has no subsidiary companies.
Ultimate parent company
NOVATION BUSINESS SOLUTIONS LTD
08699572
novation business solutions ltd directors
Novation Business Solutions Ltd currently has 1 director, Miss Julie Withers serving since Sep 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Julie Withers | United Kingdom | 58 years | Sep 2013 | - | Director |
P&L
September 2023turnover
350.8k
+226%
operating profit
13.6k
0%
gross margin
14.8%
-8.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
100.5k
+0.11%
total assets
185.3k
+0.77%
cash
0
0%
net assets
Total assets minus all liabilities
novation business solutions ltd company details
company number
08699572
Type
Private limited with Share Capital
industry
82110 - Combined office administrative service activities
incorporation date
September 2013
age
11
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
7 capital east apartments, western gateway, london, E16 1AS
Bank
-
Legal Advisor
-
novation business solutions 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 novation business solutions ltd.
novation business solutions 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 NOVATION BUSINESS SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
novation business solutions ltd Companies House Filings - See Documents
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