novic 2017 ltd
novic 2017 ltd Company Information
Company Number
10680238
Next Accounts
Mar 2025
Shareholders
hanh ognjenovic
filip ognjenovic
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
scadbury lodge the drive, scadbury park, chislehurst, kent, BR7 6LW
Website
-novic 2017 ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVIC 2017 LTD at £219.1k based on a Turnover of £89.3k and 2.45x industry multiple (adjusted for size and gross margin).
novic 2017 ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVIC 2017 LTD at £0 based on an EBITDA of £-2 and a 4.8x industry multiple (adjusted for size and gross margin).
novic 2017 ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVIC 2017 LTD at £8.3k based on Net Assets of £4.7k and 1.75x industry multiple (adjusted for liquidity).
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Novic 2017 Ltd Overview
Novic 2017 Ltd is a dissolved company that was located in chislehurst, BR7 6LW with a Companies House number of 10680238. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 2017, it's largest shareholder was hanh ognjenovic with a 50% stake. The last turnover for Novic 2017 Ltd was estimated at £89.3k.
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Novic 2017 Ltd Health Check
Pomanda's financial health check has awarded Novic 2017 Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
7 Weak
Size
annual sales of £89.3k, make it smaller than the average company (£593.7k)
- Novic 2017 Ltd
£593.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Novic 2017 Ltd
- - Industry AVG
Production
with a gross margin of 33.2%, this company has a higher cost of product (74.2%)
- Novic 2017 Ltd
74.2% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (44.4%)
- Novic 2017 Ltd
44.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Novic 2017 Ltd
4 - Industry AVG
Pay Structure
on an average salary of £27.4k, the company has an equivalent pay structure (£27.4k)
- Novic 2017 Ltd
£27.4k - Industry AVG
Efficiency
resulting in sales per employee of £44.7k, this is less efficient (£140k)
- Novic 2017 Ltd
£140k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (31 days)
- Novic 2017 Ltd
31 days - Industry AVG
Creditor Days
its suppliers are paid after 82 days, this is slower than average (34 days)
- Novic 2017 Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Novic 2017 Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Novic 2017 Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74.1%, this is a higher level of debt than the average (62.2%)
74.1% - Novic 2017 Ltd
62.2% - Industry AVG
NOVIC 2017 LTD financials
Novic 2017 Ltd's latest turnover from March 2020 is estimated at £89.3 thousand and the company has net assets of £4.7 thousand. According to their latest financial statements, Novic 2017 Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | 18,287 | 4,929 | 13,194 |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | |||
| misc current assets | |||
| total current assets | 18,287 | 4,929 | 13,194 |
| total assets | 18,287 | 4,929 | 13,194 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 13,552 | 192 | 14,000 |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 13,552 | 192 | 14,000 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 13,552 | 192 | 14,000 |
| net assets | 4,735 | 4,737 | -806 |
| total shareholders funds | 4,735 | 4,737 | -806 |
| Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 13,358 | -8,265 | 13,194 |
| Creditors | 13,360 | -13,808 | 14,000 |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| 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 | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | |||
| overdraft | |||
| change in cash |
novic 2017 ltd Credit Report and Business Information
Novic 2017 Ltd Competitor Analysis
Perform a competitor analysis for novic 2017 ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in BR7 area or any other competitors across 12 key performance metrics.
novic 2017 ltd Ownership
NOVIC 2017 LTD group structure
Novic 2017 Ltd has no subsidiary companies.
Ultimate parent company
NOVIC 2017 LTD
10680238
novic 2017 ltd directors
Novic 2017 Ltd currently has 2 directors. The longest serving directors include Hanh Ognjenovic (Mar 2017) and Mr Filip Ognjenovic (Mar 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Hanh Ognjenovic | England | 44 years | Mar 2017 | - | Director |
| Mr Filip Ognjenovic | England | 66 years | Mar 2017 | - | Director |
P&L
March 2020turnover
89.3k
+88%
operating profit
-2
0%
gross margin
33.2%
+1.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2020net assets
4.7k
0%
total assets
18.3k
+2.71%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
novic 2017 ltd company details
company number
10680238
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
March 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2020
previous names
novic properties limited (December 2020)
accountant
-
auditor
-
address
scadbury lodge the drive, scadbury park, chislehurst, kent, BR7 6LW
Bank
-
Legal Advisor
-
novic 2017 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 novic 2017 ltd.
novic 2017 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 NOVIC 2017 LTD. This can take several minutes, an email will notify you when this has completed.
novic 2017 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
