novaro ltd

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novaro ltd Company Information

Share NOVARO LTD

Company Number

10653251

Directors

Matthew Jones

Shareholders

matthew jones

Group Structure

View All

Industry

Management consultancy activities (other than financial management)

 

Registered Address

the barn stanton court, stanton fitzwarren, swindon, wiltshire, SN6 7RZ

novaro ltd Estimated Valuation

£249.1k

Pomanda estimates the enterprise value of NOVARO LTD at £249.1k based on a Turnover of £709.9k and 0.35x industry multiple (adjusted for size and gross margin).

novaro ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of NOVARO LTD at £0 based on an EBITDA of £-37.6k and a 3.02x industry multiple (adjusted for size and gross margin).

novaro ltd Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of NOVARO LTD at £1.8m based on Net Assets of £706.5k and 2.61x industry multiple (adjusted for liquidity).

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Novaro Ltd Overview

Novaro Ltd is a live company located in swindon, SN6 7RZ with a Companies House number of 10653251. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in March 2017, it's largest shareholder is matthew jones with a 100% stake. Novaro Ltd is a young, small sized company, Pomanda has estimated its turnover at £709.9k with declining growth in recent years.

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Novaro Ltd Health Check

Pomanda's financial health check has awarded Novaro Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £709.9k, make it larger than the average company (£429.5k)

£709.9k - Novaro Ltd

£429.5k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (10.5%)

-2% - Novaro Ltd

10.5% - Industry AVG

production

Production

with a gross margin of 25.4%, this company has a higher cost of product (58.3%)

25.4% - Novaro Ltd

58.3% - Industry AVG

profitability

Profitability

an operating margin of -5.3% make it less profitable than the average company (8.4%)

-5.3% - Novaro Ltd

8.4% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (5)

1 - Novaro Ltd

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)

£49.1k - Novaro Ltd

£49.1k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £709.9k, this is more efficient (£116.8k)

£709.9k - Novaro Ltd

£116.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 235 days, this is later than average (63 days)

235 days - Novaro Ltd

63 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (25 days)

18 days - Novaro Ltd

25 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Novaro Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Novaro Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3.8%, this is a lower level of debt than the average (52.7%)

3.8% - Novaro Ltd

52.7% - Industry AVG

NOVARO LTD financials

EXPORTms excel logo

Novaro Ltd's latest turnover from March 2024 is estimated at £709.9 thousand and the company has net assets of £706.5 thousand. According to their latest financial statements, Novaro Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Feb 2018
Turnover709,885753,249626,703744,510704,402543,26234,738
Other Income Or Grants
Cost Of Sales529,686556,568467,431551,976522,544392,97724,386
Gross Profit180,199196,682159,271192,534181,859150,28410,352
Admin Expenses217,830128,902-53,47162,27619,842-50,093-134,183
Operating Profit-37,63167,780212,742130,258162,017200,377144,535
Interest Payable
Interest Receivable607404
Pre-Tax Profit-37,63167,780212,742130,258162,017200,984144,940
Tax-12,878-40,421-24,749-30,783-38,187-27,539
Profit After Tax-37,63154,902172,321105,509131,234162,797117,401
Dividends Paid
Retained Profit-37,63154,902172,321105,509131,234162,797117,401
Employee Costs49,09645,86045,11541,84541,62750,11847,937
Number Of Employees1111111
EBITDA*-37,63167,780212,742130,258162,017200,377145,249

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Feb 2018
Tangible Assets275,936275,289275,8533,5563,4092,8452,262
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets275,936275,289275,8533,5563,4092,8452,262
Stock & work in progress
Trade Debtors458,327538,287488,521572,107483,703360,92211,309
Group Debtors
Misc Debtors
Cash161,746
misc current assets
total current assets458,327538,287488,521572,107483,703360,922173,055
total assets734,263813,576764,374575,663487,112363,767175,317
Bank overdraft
Bank loan
Trade Creditors 26,65847,26974,03957,65074,66682,591360
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities57,556
total current liabilities26,65847,26974,03957,65074,66682,59157,916
loans
hp & lease commitments
Accruals and Deferred Income1,07222,1431,0731,0721,014978
other liabilities
provisions
total long term liabilities1,07222,1431,0731,0721,014978
total liabilities27,73069,41275,11258,72275,68083,56957,916
net assets706,533744,164689,262516,941411,432280,198117,401
total shareholders funds706,533744,164689,262516,941411,432280,198117,401
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Feb 2018
Operating Activities
Operating Profit-37,63167,780212,742130,258162,017200,377144,535
Depreciation714
Amortisation
Tax-12,878-40,421-24,749-30,783-38,187-27,539
Stock
Debtors-79,96049,766-83,58688,404122,781349,61311,309
Creditors-20,611-26,77016,389-17,016-7,92582,231360
Accruals and Deferred Income-21,07121,07015836-56,57857,556
Deferred Taxes & Provisions
Cash flow from operations647-564272,297147564-161,770164,317
Investing Activities
capital expenditure-647564-272,297-147-564-583-2,976
Change in Investments
cash flow from investments-647564-272,297-147-564-583-2,976
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest607404
cash flow from financing607404
cash and cash equivalents
cash-161,746161,746
overdraft
change in cash-161,746161,746

novaro ltd 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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Novaro Ltd Competitor Analysis

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Perform a competitor analysis for novaro ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SN6 area or any other competitors across 12 key performance metrics.

novaro ltd Ownership

NOVARO LTD group structure

Novaro Ltd has no subsidiary companies.

Ultimate parent company

NOVARO LTD

10653251

NOVARO LTD Shareholders

matthew jones 100%

novaro ltd directors

Novaro Ltd currently has 1 director, Mr Matthew Jones serving since Mar 2017.

officercountryagestartendrole
Mr Matthew Jones47 years Mar 2017- Director

P&L

March 2024

turnover

709.9k

-6%

operating profit

-37.6k

0%

gross margin

25.4%

-2.78%

turnover

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

Balance Sheet

March 2024

net assets

706.5k

-0.05%

total assets

734.3k

-0.1%

cash

0

0%

net assets

Total assets minus all liabilities

novaro ltd company details

company number

10653251

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

March 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

the barn stanton court, stanton fitzwarren, swindon, wiltshire, SN6 7RZ

Bank

-

Legal Advisor

-

novaro 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 novaro ltd.

novaro 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.

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novaro ltd Companies House Filings - See Documents

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