NOVITAS UNDERWRITING AGENCY LIMITED Financials
- Company number
- 03106533Copy
Copy - Registered office
- 167 Turners Hill, Cheshunt, Hertfordshire EN8 9BH
- Incorporated
- 26/09/1995
Company snapshot
- Status
- Active
- Employees
- 6 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2023–2025.
Net Assets
-21.79%vs 20242024: £662.11K
Total Assets
-22.61%vs 20242024: £2.40M
Cash in Bank
-20.52%vs 20242024: £1.79M
Total Liabilities
-22.92%vs 20242024: £1.73M
Employees
0vs 20242024: 6
In 2025, NOVITAS UNDERWRITING AGENCY LIMITED reported net assets of £517.85K. The same filing shows total assets of £1.85M, cash in bank of £1.42M and total liabilities of £1.34M. Reported headcount was 6 in 2025. Total Assets fell from £2.40M in 2024 to £1.85M in 2025 (-22.61%). Okredo holds filed figures for 2023–2025; 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
-21.79%from £662.11K in 2024Year-on-year change
Net Assets as filed for 2023–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures NOVITAS UNDERWRITING AGENCY LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-44.4%vs 2023-25.4% a year compound (CAGR)
Cash in Bank
-33.2%vs 2023-18.3% a year compound (CAGR)
Total Assets
-33.3%vs 2023-18.3% a year compound (CAGR)
Total Liabilities
-27.7%vs 2023-15% a year compound (CAGR)
Employees
0%vs 2023Biggest decrease
Net Assets-44.4%
£931.09K in 2023 to £517.85K in 2025
Every measure that changed in NOVITAS UNDERWRITING AGENCY LIMITED's filings between 2023 and 2025 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NOVITAS UNDERWRITING AGENCY 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
- 27.93%2025
- Liabilities to total assets
- 72.07%2025
- Cash to liabilities
- 106.27%2025
- Cash to total assets
- 76.59%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 NOVITAS UNDERWRITING AGENCY LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2023 | 2024 | 2025 |
|---|---|---|---|
| Net Assets£ | 931.09K | 662.11K | 517.85K |
| Total Assets£ | 2.78M | 2.40M | 1.85M |
| Cash in Bank£ | 2.12M | 1.79M | 1.42M |
| Total Liabilities£ | 1.85M | 1.73M | 1.34M |
| Employees | 6 | 6 | 6 |
NOVITAS UNDERWRITING AGENCY LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has NOVITAS UNDERWRITING AGENCY LIMITED filed financial statements?
Yes. Okredo holds filed figures for NOVITAS UNDERWRITING AGENCY LIMITED covering 2023–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did NOVITAS UNDERWRITING AGENCY LIMITED report in 2025?
NOVITAS UNDERWRITING AGENCY LIMITED reported net assets of £517.85K for 2025. That compares with £662.11K in 2024, a change of -21.79%.
What total assets did NOVITAS UNDERWRITING AGENCY LIMITED report in 2025?
NOVITAS UNDERWRITING AGENCY LIMITED reported total assets of £1.85M for 2025. That compares with £2.40M in 2024, a change of -22.61%.
What cash in bank did NOVITAS UNDERWRITING AGENCY LIMITED report in 2025?
NOVITAS UNDERWRITING AGENCY LIMITED reported cash in bank of £1.42M for 2025. That compares with £1.79M in 2024, a change of -20.52%.
How many people does NOVITAS UNDERWRITING AGENCY LIMITED employ?
NOVITAS UNDERWRITING AGENCY LIMITED reported 6 employees in 2025, compared with 6 in 2024.
How have NOVITAS UNDERWRITING AGENCY LIMITED financials changed over the last 3 years?
Between 2023 and 2025, NOVITAS UNDERWRITING AGENCY LIMITED's net assets fell by 44.4%, cash in bank fell by 33.2%, total assets fell by 33.3% and total liabilities fell by 27.7%. Net assets contracted at 25.4% a year across the two years to 2025, from £931.09K to £517.85K. Reported headcount went from 6 in 2023 to 6 in 2025.
Which years of NOVITAS UNDERWRITING AGENCY LIMITED financial data are available?
Okredo holds reported figures for the years 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.