NOVATION CATERING LTD Financials
- Company number
- NI047924Copy
Copy - Registered office
- C/O MALONE LYNCHEHAUN, 12 Causeway Road, Newcastle, County Down BT33 0DL
- Incorporated
- 15/09/2003
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
3.24%vs 20232023: £134.70K
Total Assets
-2.09%vs 20232023: £229.96K
Total Liabilities
-9.61%vs 20232023: £95.26K
Employees
-3vs 20232023: 10
In 2024, NOVATION CATERING LTD reported net assets of £139.06K. The same filing shows total assets of £225.16K and total liabilities of £86.10K. Reported headcount was 7 in 2024. Total Liabilities fell from £95.26K in 2023 to £86.10K in 2024 (-9.61%). 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
3.24%from £134.70K 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 NOVATION CATERING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-10.1%vs 2022-5.2% a year compound (CAGR)
Total Assets
-12.4%vs 2022-6.4% a year compound (CAGR)
Total Liabilities
-15.9%vs 2022-8.3% a year compound (CAGR)
Employees
-30%vs 2022-3Biggest decrease
Employees-30%
10 in 2022 to 7 in 2024
Every indicator Okredo holds for NOVATION CATERING LTD fell between 2022 and 2024. The steepest fall came in employee numbers, pointing to a smaller workforce, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NOVATION CATERING 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
- 61.76%2024
- Liabilities to total assets
- 38.24%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.
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.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NOVATION CATERING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 153.70K | 154.70K | 134.70K | 139.06K |
| Total Assets£ | 261.23K | 257.07K | 229.96K | 225.16K |
| Cash in Bank£ | – | – | – | – |
| Total Liabilities£ | 107.52K | 102.37K | 95.26K | 86.10K |
| Employees | 9 | 10 | 10 | 7 |
NOVATION CATERING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has NOVATION CATERING LTD filed financial statements?
Yes. Okredo holds filed figures for NOVATION CATERING LTD covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.
What net assets did NOVATION CATERING LTD report in 2024?
NOVATION CATERING LTD reported net assets of £139.06K for 2024. That compares with £134.70K in 2023, a change of 3.24%.
What total assets did NOVATION CATERING LTD report in 2024?
NOVATION CATERING LTD reported total assets of £225.16K for 2024. That compares with £229.96K in 2023, a change of -2.09%.
What total liabilities did NOVATION CATERING LTD report in 2024?
NOVATION CATERING LTD reported total liabilities of £86.10K for 2024. That compares with £95.26K in 2023, a change of -9.61%.
How many people does NOVATION CATERING LTD employ?
NOVATION CATERING LTD reported 7 employees in 2024, compared with 10 in 2023.
How have NOVATION CATERING LTD financials changed over the last 3 years?
Between 2022 and 2024, NOVATION CATERING LTD's net assets fell by 10.1%, total assets fell by 12.4%, total liabilities fell by 15.9% and employee numbers fell by 30%. Net assets contracted at 5.2% a year across the two years to 2024, from £154.70K to £139.06K. Reported headcount went from 10 in 2022 to 7 in 2024 (-3).
Which years of NOVATION CATERING LTD financial data are available?
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.