NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED Financials
- Company number
- 00300721CopyCopy
- Registered office
- Stonedale Road, Unit 10 Oldends Lane Industrial Estate, Stonehouse, Gloucestershire GL10 3RQ
- Incorporated
- 13/05/1935
Company snapshot
- Status
- Active
- Employees
- 356 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
4.83%vs 20232023: £44.53M
Total Assets
-3.34%vs 20232023: £86.22M
Total Liabilities
-20.75%vs 20232023: £20.56M
Employees
-28vs 20232023: 384
In 2024, NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED reported net assets of £46.69M. The same filing shows total assets of £83.34M and total liabilities of £16.29M. Reported headcount was 356 in 2024. Total Liabilities fell from £20.56M in 2023 to £16.29M in 2024 (-20.75%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
4.83%from £44.53M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1.6%vs 2022+0.8% a year compound (CAGR)
Total Assets
+4.3%vs 2022+2.1% a year compound (CAGR)
Total Liabilities
+26.7%vs 2022+12.6% a year compound (CAGR)
Employees
-7.5%vs 2022-29Biggest increase
Total Liabilities+26.7%
£12.86M in 2022 to £16.29M in 2024
Biggest decrease
Employees-7.5%
385 in 2022 to 356 in 2024
NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 56.02%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 19.55%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Revenue per employee
- £175.57K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 45.96M | 44.53M | 46.69M |
| Total Assets£ | 79.93M | 86.22M | 83.34M |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 12.86M | 20.56M | 16.29M |
| Employees | 385 | 384 | 356 |
NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED covering 2022–2024, across 4 reported indicators. The most recent reported year is 2024.
NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED reported net assets of £46.69M for 2024. That compares with £44.53M in 2023, a change of 4.83%.
NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED reported total assets of £83.34M for 2024. That compares with £86.22M in 2023, a change of -3.34%.
NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED reported total liabilities of £16.29M for 2024. That compares with £20.56M in 2023, a change of -20.75%.
NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED reported 356 employees in 2024, compared with 384 in 2023.
Between 2022 and 2024, NOV PROCESS & FLOW TECHNOLOGIES UK LIMITED's net assets rose by 1.6%, total assets rose by 4.3%, total liabilities rose by 26.7% and employee numbers fell by 7.5%. Net assets compounded at 0.8% a year across the two years to 2024, from £45.96M to £46.69M. Reported headcount went from 385 in 2022 to 356 in 2024 (-29).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.