novy ltd
novy ltd Company Information
Company Number
10865689
Next Accounts
Mar 2025
Shareholders
novy nv
Group Structure
View All
Industry
Wholesale of household goods (other than musical instruments) n.e.c.
Registered Address
aga rangemaster, c/o aga rangemaster, long eaton, nottingham, NG10 2GD
Website
-novy ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVY LTD at £86.2k based on a Turnover of £272k and 0.32x industry multiple (adjusted for size and gross margin).
novy ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVY LTD at £0 based on an EBITDA of £-1.2m and a 3.08x industry multiple (adjusted for size and gross margin).
novy ltd Estimated Valuation
Pomanda estimates the enterprise value of NOVY LTD at £0 based on Net Assets of £-1.2m and 2.01x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Novy Ltd Overview
Novy Ltd is a dissolved company that was located in long eaton, NG10 2GD with a Companies House number of 10865689. It operated in the wholesale of household goods (other than musical instruments) n.e.c. sector, SIC Code 46499. Founded in July 2017, it's largest shareholder was novy nv with a 100% stake. The last turnover for Novy Ltd was estimated at £272k.
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Novy Ltd Health Check
Pomanda's financial health check has awarded Novy Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
8 Weak
Size
annual sales of £272k, make it smaller than the average company (£20.4m)
- Novy Ltd
£20.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -26%, show it is growing at a slower rate (5.1%)
- Novy Ltd
5.1% - Industry AVG
Production
with a gross margin of 30.9%, this company has a comparable cost of product (30.9%)
- Novy Ltd
30.9% - Industry AVG
Profitability
an operating margin of -435.7% make it less profitable than the average company (4.6%)
- Novy Ltd
4.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (58)
2 - Novy Ltd
58 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has an equivalent pay structure (£42.2k)
- Novy Ltd
£42.2k - Industry AVG
Efficiency
resulting in sales per employee of £136k, this is less efficient (£359k)
- Novy Ltd
£359k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (50 days)
- Novy Ltd
50 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (31 days)
- Novy Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Novy Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (10 weeks)
1 weeks - Novy Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1178.4%, this is a higher level of debt than the average (52%)
1178.4% - Novy Ltd
52% - Industry AVG
NOVY LTD financials
Novy Ltd's latest turnover from June 2023 is estimated at £272 thousand and the company has net assets of -£1.2 million. According to their latest financial statements, Novy Ltd has 2 employees and maintains cash reserves of £28.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Turnover | 11,438 | |||||
| Other Income Or Grants | ||||||
| Cost Of Sales | 6,658 | |||||
| Gross Profit | 4,780 | |||||
| Admin Expenses | 70,762 | |||||
| Operating Profit | -65,982 | |||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | -65,982 | |||||
| Tax | ||||||
| Profit After Tax | -65,982 | |||||
| Dividends Paid | ||||||
| Retained Profit | -65,982 | |||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 2 | 2 | 1 | 1 | |
| EBITDA* | -65,982 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 592 | 8,736 | 16,633 | |||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 592 | 8,736 | 16,633 | |||
| Stock & work in progress | ||||||
| Trade Debtors | 19,104 | 144,731 | 142,871 | 59,151 | 46,870 | 8,372 |
| Group Debtors | ||||||
| Misc Debtors | 61,145 | 2,091 | 2,470 | 2,441 | 1,800 | 4,303 |
| Cash | 28,652 | 241,941 | 301,497 | 239,418 | 97,045 | 8,097 |
| misc current assets | ||||||
| total current assets | 108,901 | 388,763 | 446,838 | 301,010 | 145,715 | 20,772 |
| total assets | 108,901 | 389,355 | 455,574 | 317,643 | 145,715 | 20,772 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 1,122 | 1,439,106 | 22,956 | 26,753 | 164,961 | 13,340 |
| Group/Directors Accounts | 1,271,394 | 993,820 | 509,317 | 56,789 | ||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | 10,743 | 42,330 | 83,335 | 27,986 | 6,625 | |
| total current liabilities | 1,283,259 | 1,439,106 | 1,059,106 | 619,405 | 192,947 | 76,754 |
| loans | 181,621 | 173,085 | 180,664 | |||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | ||||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 181,621 | 173,085 | 180,664 | |||
| total liabilities | 1,283,259 | 1,439,106 | 1,240,727 | 792,490 | 373,611 | 76,754 |
| net assets | -1,174,358 | -1,049,751 | -785,153 | -474,847 | -227,896 | -55,982 |
| total shareholders funds | -1,174,358 | -1,049,751 | -785,153 | -474,847 | -227,896 | -55,982 |
| Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | -65,982 | |||||
| Depreciation | 2,824 | 8,144 | 8,229 | 7,806 | ||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | 80,249 | 1,481 | 83,749 | 12,922 | 35,995 | 12,675 |
| Creditors | 1,122 | 1,416,150 | -3,797 | -138,208 | 151,621 | 13,340 |
| Accruals and Deferred Income | 10,743 | -42,330 | -41,005 | 55,349 | 21,361 | 6,625 |
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | -58,692 | |||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | 1,271,394 | -993,820 | 484,503 | 509,317 | -56,789 | 56,789 |
| Other Short Term Loans | ||||||
| Long term loans | -181,621 | 8,536 | -7,579 | 180,664 | ||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | 66,789 | |||||
| cash and cash equivalents | ||||||
| cash | 28,652 | -59,556 | 62,079 | 142,373 | 88,948 | 8,097 |
| overdraft | ||||||
| change in cash | 28,652 | -59,556 | 62,079 | 142,373 | 88,948 | 8,097 |
novy ltd Credit Report and Business Information
Novy Ltd Competitor Analysis
Perform a competitor analysis for novy ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in NG10 area or any other competitors across 12 key performance metrics.
novy ltd Ownership
NOVY LTD group structure
Novy Ltd has no subsidiary companies.
Ultimate parent company
NOVY LTD
10865689
novy ltd directors
Novy Ltd currently has 3 directors. The longest serving directors include Mr Agustin Zufia (Jul 2021) and Mr Michael Thompson (Jul 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Agustin Zufia | 57 years | Jul 2021 | - | Director | |
| Mr Michael Thompson | England | 49 years | Jul 2021 | - | Director |
| Mr Bryan Mittelman | England | 54 years | Jul 2021 | - | Director |
P&L
June 2023turnover
272k
0%
operating profit
-1.2m
0%
gross margin
30.9%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-1.2m
0%
total assets
108.9k
0%
cash
28.7k
0%
net assets
Total assets minus all liabilities
novy ltd company details
company number
10865689
Type
Private limited with Share Capital
industry
46499 - Wholesale of household goods (other than musical instruments) n.e.c.
incorporation date
July 2017
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
BOURNER BULLOCK
auditor
-
address
aga rangemaster, c/o aga rangemaster, long eaton, nottingham, NG10 2GD
Bank
-
Legal Advisor
-
novy 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 novy ltd.
novy 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 NOVY LTD. This can take several minutes, an email will notify you when this has completed.
novy ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
