nova developments group limited
nova developments group limited Company Information
Company Number
09081616
Next Accounts
65 days late
Industry
Buying and selling of own real estate
Shareholders
alan coleman
ronan mellett
Group Structure
View All
Contact
Registered Address
freeths llp - rputeco office par, davy avenue, milton keynes, MK5 8HJ
Website
-nova developments group limited Estimated Valuation
Pomanda estimates the enterprise value of NOVA DEVELOPMENTS GROUP LIMITED at £0 based on a Turnover of £0 and 2.42x industry multiple (adjusted for size and gross margin).
nova developments group limited Estimated Valuation
Pomanda estimates the enterprise value of NOVA DEVELOPMENTS GROUP LIMITED at £0 based on an EBITDA of £-6.1k and a 6.06x industry multiple (adjusted for size and gross margin).
nova developments group limited Estimated Valuation
Pomanda estimates the enterprise value of NOVA DEVELOPMENTS GROUP LIMITED at £143 based on Net Assets of £100 and 1.43x industry multiple (adjusted for liquidity).
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Nova Developments Group Limited Overview
Nova Developments Group Limited is a live company located in milton keynes, MK5 8HJ with a Companies House number of 09081616. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2014, it's largest shareholder is alan coleman with a 50% stake. Nova Developments Group Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Nova Developments Group Limited Health Check
Pomanda's financial health check has awarded Nova Developments Group Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 3 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (1.6%)
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- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Nova Developments Group Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Nova Developments Group Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Nova Developments Group Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Nova Developments Group Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Nova Developments Group Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Nova Developments Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Nova Developments Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Nova Developments Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (7 weeks)
- - Nova Developments Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.5%, this is a higher level of debt than the average (63.4%)
- - Nova Developments Group Limited
- - Industry AVG
NOVA DEVELOPMENTS GROUP LIMITED financials
Nova Developments Group Limited's latest turnover from December 2022 is 0 and the company has net assets of £100. According to their latest financial statements, we estimate that Nova Developments Group Limited has 1 employee and maintains cash reserves of £20.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 453,752 | 176,200 | 41,004 | 1,332,897 | 44,235 | 0 | 0 | 0 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Gross Profit | 0 | 453,752 | 176,200 | 41,004 | 1,332,897 | 44,235 | 0 | ||
| Admin Expenses | 6,082 | 556,989 | 273,690 | 213,315 | 478,277 | 3,682 | 234 | ||
| Operating Profit | -6,082 | -103,237 | -97,490 | -172,311 | 854,620 | 40,553 | -234 | -349 | -31 |
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 20,307 | 89,250 | 93,192 | 40,000 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 92,685 | 87,123 | 57,664 |
| Pre-Tax Profit | -6,082 | -216,109 | -97,790 | -172,311 | 854,620 | -479,754 | 3,201 | -6,418 | 17,633 |
| Tax | 0 | 0 | -16,990 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -6,082 | -216,109 | -114,780 | -172,311 | 854,620 | -479,754 | 3,201 | -6,418 | 17,633 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -6,082 | -216,109 | -114,780 | -172,311 | 854,620 | -479,754 | 3,201 | -6,418 | 17,633 |
| Employee Costs | 0 | 0 | 0 | 28,500 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* | -6,082 | -103,237 | -97,490 | -172,311 | 854,620 | 40,553 | -234 | -349 | -31 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 100 | 100 | 200 | 364,700 | 360,500 | 360,500 | 360,500 | 400 | 300 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 100 | 100 | 200 | 364,700 | 360,500 | 360,500 | 360,500 | 400 | 300 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 12,598 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 112,772 | 112,772 | 111,857 | 0 | 1,521,272 | 1,879,587 | 2,052,464 |
| Misc Debtors | 0 | 0 | 17,813 | 12,141 | 2,610 | 200 | 100 | 100 | 100 |
| Cash | 20,535 | 419,571 | 167,378 | 12,330 | 32,623 | 55,215 | 25,764 | 9,790 | 4,969 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 20,535 | 419,571 | 297,963 | 137,243 | 159,688 | 55,415 | 1,547,136 | 1,889,477 | 2,057,533 |
| total assets | 20,635 | 419,671 | 298,163 | 501,943 | 520,188 | 415,915 | 1,907,636 | 1,889,877 | 2,057,833 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 240,000 | 1,655 | 13,775 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 30,000 | 31,899 | 125,768 | 115,806 | 869,028 | 200 | 100 | 100 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 20,535 | 143,489 | 42,318 | 25,329 | 15,000 | 12,125 | 107,920 | 93,462 | 40,000 |
| total current liabilities | 20,535 | 413,489 | 75,872 | 164,872 | 130,806 | 881,153 | 108,120 | 93,562 | 40,100 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 1,785,000 | 1,785,000 | 2,000,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1,785,000 | 1,785,000 | 2,000,000 |
| total liabilities | 20,535 | 413,489 | 75,872 | 164,872 | 130,806 | 881,153 | 1,893,120 | 1,878,562 | 2,040,100 |
| net assets | 100 | 6,182 | 222,291 | 337,071 | 389,382 | -465,238 | 14,516 | 11,315 | 17,733 |
| total shareholders funds | 100 | 6,182 | 222,291 | 337,071 | 389,382 | -465,238 | 14,516 | 11,315 | 17,733 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -6,082 | -103,237 | -97,490 | -172,311 | 854,620 | 40,553 | -234 | -349 | -31 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -16,990 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -130,585 | 5,672 | -2,152 | 126,865 | -1,521,172 | -358,315 | -172,877 | 2,052,564 |
| Creditors | -240,000 | 238,345 | -12,120 | 13,775 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -122,954 | 101,171 | 16,989 | 10,329 | 2,875 | -95,795 | 14,458 | 53,462 | 40,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -369,036 | 366,864 | -115,283 | -146,055 | 730,630 | 1,465,930 | 372,539 | 225,990 | -2,012,595 |
| Investing Activities | |||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | -360,100 | -100 | -300 |
| Change in Investments | 0 | -100 | -364,500 | 4,200 | 0 | 0 | 360,100 | 100 | 300 |
| cash flow from investments | 0 | 100 | 364,500 | -4,200 | 0 | 0 | -720,200 | -200 | -600 |
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -30,000 | -1,899 | -93,869 | 9,962 | -753,222 | 868,828 | 100 | 0 | 100 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | -1,785,000 | 0 | -215,000 | 2,000,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -20,307 | 3,435 | -6,069 | 17,664 |
| cash flow from financing | -30,000 | -1,899 | -93,869 | 129,962 | -753,222 | -936,479 | 3,535 | -221,069 | 2,017,864 |
| cash and cash equivalents | |||||||||
| cash | -399,036 | 252,193 | 155,048 | -20,293 | -22,592 | 29,451 | 15,974 | 4,821 | 4,969 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -399,036 | 252,193 | 155,048 | -20,293 | -22,592 | 29,451 | 15,974 | 4,821 | 4,969 |
nova developments group limited Credit Report and Business Information
Nova Developments Group Limited Competitor Analysis
Perform a competitor analysis for nova developments group limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other established companies, companies in MK5 area or any other competitors across 12 key performance metrics.
nova developments group limited Ownership
NOVA DEVELOPMENTS GROUP LIMITED group structure
Nova Developments Group Limited has 4 subsidiary companies.
Ultimate parent company
NOVA DEVELOPMENTS GROUP LIMITED
09081616
4 subsidiaries
nova developments group limited directors
Nova Developments Group Limited currently has 2 directors. The longest serving directors include Mr Ronan Mellett (Jun 2014) and Mr Alan Coleman (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ronan Mellett | England | 48 years | Jun 2014 | - | Director |
| Mr Alan Coleman | United Kingdom | 44 years | Jun 2014 | - | Director |
P&L
December 2022turnover
0
-100%
operating profit
-6.1k
-94%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
100
-0.98%
total assets
20.6k
-0.95%
cash
20.5k
-0.95%
net assets
Total assets minus all liabilities
nova developments group limited company details
company number
09081616
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
June 2014
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2022
previous names
N/A
accountant
-
auditor
-
address
freeths llp - rputeco office par, davy avenue, milton keynes, MK5 8HJ
Bank
BARCLAYS BANK PLC
Legal Advisor
-
nova developments group 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 nova developments group limited.
nova developments group limited Companies House Filings - See Documents
| date | description | view/download |
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