Liquidation

NOVEL WINES LTD Financials

Company number
10129380Copy
Copy
Registered office
Stamford House, Northenden Road, Sale, Cheshire M33 2DH
Incorporated
18/04/2016

Company snapshot

Status
Liquidation
Employees
0 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-373.17K2025
5.48%vs 2024

2024: £-394.79K

Total Assets

£148.92K2025
43.22%vs 2024

2024: £103.98K

Total Liabilities

£522.09K2025
4.68%vs 2024

2024: £498.77K

Employees

02025
0vs 2024

2024: 0

In 2025, NOVEL WINES LTD reported net assets of £-373.17K. The same filing shows total assets of £148.92K and total liabilities of £522.09K. Reported headcount was 0 in 2025. Total Assets rose from £103.98K in 2024 to £148.92K in 2025 (43.22%). Okredo holds filed figures for 2021–2025; 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

£-373.17K2025
5.48%from £-394.79K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures NOVEL WINES LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£370.35K2023£-373.17K2025
-201%vs 2023

Total Assets

£169.19K2023£148.92K2025
-12%vs 2023

-6.2% a year compound (CAGR)

Total Liabilities

£-208.75K2023£522.09K2025
Increasedvs 2023

Employees

6202302025
-100%vs 2023-6

Biggest decrease

Net Assets-201%

£370.35K in 2023 to £-373.17K in 2025

NOVEL WINES LTD's filings pull in both directions between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NOVEL WINES 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
-250.58%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.
Liabilities to total assets
350.58%2025
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 NOVEL WINES LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£230.71K277.10K370.35K-394.79K-373.17K
Total Assets£101.68K138.65K169.19K103.98K148.92K
Cash in Bank£–––––
Total Liabilities£-151.70K-153.55K-208.75K498.77K522.09K
Employees34600

NOVEL WINES LTD financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NOVEL WINES LTD covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

NOVEL WINES LTD reported net assets of £-373.17K for 2025. That compares with £-394.79K in 2024, a change of 5.48%.

NOVEL WINES LTD reported total assets of £148.92K for 2025. That compares with £103.98K in 2024, a change of 43.22%.

NOVEL WINES LTD reported total liabilities of £522.09K for 2025. That compares with £498.77K in 2024, a change of 4.68%.

NOVEL WINES LTD reported 0 employees in 2025, compared with 0 in 2024.

Between 2023 and 2025, NOVEL WINES LTD's net assets fell by 201%, total assets fell by 12% and employee numbers fell by 100%. Total assets contracted at 6.2% a year across the two years to 2025, from £169.19K to £148.92K. Reported headcount went from 6 in 2023 to 0 in 2025 (-6).

Okredo holds reported figures for the years 2021, 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.