NOVAI LTD Financials
- Company number
- 12457690Copy
Copy - Registered office
- 9 Greyfriars Road, Reading, Berkshire RG1 1NU
- Incorporated
- 12/02/2020
Company snapshot
- Status
- Active
- Employees
- 14 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
-84.00%vs 20242024: £698.67K
Total Assets
-21.53%vs 20242024: £3.98M
Cash in Bank
71.24%vs 20242024: £22.24K
Total Liabilities
-2.58%vs 20242024: £3.02M
Employees
-4vs 20242024: 18
In 2025, NOVAI LTD reported net assets of £111.77K. The same filing shows total assets of £3.12M, cash in bank of £38.08K and total liabilities of £2.94M. Reported headcount was 14 in 2025. Total Assets fell from £3.98M in 2024 to £3.12M in 2025 (-21.53%). Okredo holds filed figures for 2022–2025; 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
-84.00%from £698.67K in 2024Year-on-year change
Net Assets as filed for 2022–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures NOVAI LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-71.4%vs 2023-46.5% a year compound (CAGR)
Cash in Bank
-84%vs 2023-60% a year compound (CAGR)
Total Assets
-25.1%vs 2023-13.5% a year compound (CAGR)
Total Liabilities
-4.3%vs 2023-2.1% a year compound (CAGR)
Employees
-22.2%vs 2023-4Biggest decrease
Cash in Bank-84%
£237.60K in 2023 to £38.08K in 2025
Every indicator Okredo holds for NOVAI LTD fell between 2023 and 2025. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NOVAI LTD'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
- 3.58%2025
- Liabilities to total assets
- 94.13%2025
- Cash to liabilities
- 1.30%2025
- Cash to total assets
- 1.22%2025
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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NOVAI LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 451.23K | 390.22K | 698.67K | 111.77K |
| Total Assets£ | 3.75M | 4.17M | 3.98M | 3.12M |
| Cash in Bank£ | 1.22M | 237.60K | 22.24K | 38.08K |
| Total Liabilities£ | 2.70M | 3.07M | 3.02M | 2.94M |
| Employees | 17 | 18 | 18 | 14 |
NOVAI LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has NOVAI LTD filed financial statements?
Yes. Okredo holds filed figures for NOVAI LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did NOVAI LTD report in 2025?
NOVAI LTD reported net assets of £111.77K for 2025. That compares with £698.67K in 2024, a change of -84.00%.
What total assets did NOVAI LTD report in 2025?
NOVAI LTD reported total assets of £3.12M for 2025. That compares with £3.98M in 2024, a change of -21.53%.
What cash in bank did NOVAI LTD report in 2025?
NOVAI LTD reported cash in bank of £38.08K for 2025. That compares with £22.24K in 2024, a change of 71.24%.
How many people does NOVAI LTD employ?
NOVAI LTD reported 14 employees in 2025, compared with 18 in 2024.
How have NOVAI LTD financials changed over the last 3 years?
Between 2023 and 2025, NOVAI LTD's net assets fell by 71.4%, cash in bank fell by 84%, total assets fell by 25.1% and total liabilities fell by 4.3%. Net assets contracted at 46.5% a year across the two years to 2025, from £390.22K to £111.77K. Reported headcount went from 18 in 2023 to 14 in 2025 (-4).
Which years of NOVAI LTD financial data are available?
Okredo holds reported figures for the years 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.