NOVA GROUP LIMITED Financials
- Company number
- 01505265CopyCopy
- Registered office
- Nova Group Ltd, Norman Road, Altrincham, Cheshire WA14 4EN
- Incorporated
- 01/07/1980
Company snapshot
- Status
- Active
- Employees
- 160 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
2.98%vs 20232023: £7.93M
Total Assets
-3.14%vs 20232023: £21.31M
Cash in Bank
-90.45%vs 20232023: £555.47K
Total Liabilities
-12.59%vs 20232023: £6.25M
Employees
-11vs 20232023: 171
In 2024, NOVA GROUP LIMITED reported net assets of £8.16M. The same filing shows total assets of £20.64M, cash in bank of £53.06K and total liabilities of £5.46M. Reported headcount was 160 in 2024. Total Liabilities fell from £6.25M in 2023 to £5.46M in 2024 (-12.59%). Okredo holds filed figures for 2021–2024; 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
2.98%from £7.93M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NOVA GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+6%vs 2022+2.9% a year compound (CAGR)
Cash in Bank
-86.1%vs 2022-62.7% a year compound (CAGR)
Total Assets
-4.9%vs 2022-2.5% a year compound (CAGR)
Total Liabilities
-19.5%vs 2022-10.3% a year compound (CAGR)
Employees
-18.8%vs 2022-37Biggest increase
Net Assets+6%
£7.70M in 2022 to £8.16M in 2024
Biggest decrease
Cash in Bank-86.1%
£380.84K in 2022 to £53.06K in 2024
NOVA GROUP LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NOVA GROUP 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
- 39.56%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
- 26.46%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.
- Cash to liabilities
- 0.97%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 0.26%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £92.74K2024
- 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 NOVA GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 7.27M | 7.70M | 7.93M | 8.16M |
| Total Assets£ | 21.38M | 21.69M | 21.31M | 20.64M |
| Cash in Bank£ | 53.89K | 380.84K | 555.47K | 53.06K |
| Total Liabilities£ | 7.04M | 6.79M | 6.25M | 5.46M |
| Employees | 185 | 197 | 171 | 160 |
NOVA GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NOVA GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
NOVA GROUP LIMITED reported net assets of £8.16M for 2024. That compares with £7.93M in 2023, a change of 2.98%.
NOVA GROUP LIMITED reported total assets of £20.64M for 2024. That compares with £21.31M in 2023, a change of -3.14%.
NOVA GROUP LIMITED reported cash in bank of £53.06K for 2024. That compares with £555.47K in 2023, a change of -90.45%.
NOVA GROUP LIMITED reported 160 employees in 2024, compared with 171 in 2023.
Between 2022 and 2024, NOVA GROUP LIMITED's net assets rose by 6%, cash in bank fell by 86.1%, total assets fell by 4.9% and total liabilities fell by 19.5%. Net assets compounded at 2.9% a year across the two years to 2024, from £7.70M to £8.16M. Reported headcount went from 197 in 2022 to 160 in 2024 (-37).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.