NOVOIC LTD Financials
- Company number
- 12032342CopyCopy
- Registered office
- C/O NOVOIC LTD., 66 Paul Street, London EC2A 4NA
- Incorporated
- 04/06/2019
Company snapshot
- Status
- Active
- Employees
- 3 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
2024: £-988.97K
Total Assets
2024: £1.52M
Cash in Bank
2024: £861.04K
Total Liabilities
2024: £2.51M
Employees
2024: 6
In 2025, NOVOIC LTD reported net assets of £-1.50M. The same filing shows total assets of £935.05K, cash in bank of £521.29K and total liabilities of £2.43M. Reported headcount was 3 in 2025. Total Assets fell from £1.52M in 2024 to £935.05K in 2025 (-38.57%). 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
Year-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 NOVOIC LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Cash in Bank
-48.5% a year compound (CAGR)
Total Assets
-35.4% a year compound (CAGR)
Total Liabilities
-0.6% a year compound (CAGR)
Employees
Biggest decrease
Cash in Bank-73.5%
£1.97M in 2023 to £521.29K in 2025
Every indicator Okredo holds for NOVOIC 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 NOVOIC 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
- -159.97%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
- 259.92%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.
- Cash to liabilities
- 21.45%2025
- 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
- 55.75%2025
- 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 NOVOIC 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£ | 710.29K | -220.75K | -988.97K | -1.50M |
| Total Assets£ | 814.07K | 2.24M | 1.52M | 935.05K |
| Cash in Bank£ | 600.14K | 1.97M | 861.04K | 521.29K |
| Total Liabilities£ | 94.67K | 2.46M | 2.51M | 2.43M |
| Employees | 6 | 5 | 6 | 3 |
NOVOIC LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NOVOIC LTD covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
NOVOIC LTD reported net assets of £-1.50M for 2025. That compares with £-988.97K in 2024, a change of -51.24%.
NOVOIC LTD reported total assets of £935.05K for 2025. That compares with £1.52M in 2024, a change of -38.57%.
NOVOIC LTD reported cash in bank of £521.29K for 2025. That compares with £861.04K in 2024, a change of -39.46%.
NOVOIC LTD reported 3 employees in 2025, compared with 6 in 2024.
Between 2023 and 2025, NOVOIC LTD's cash in bank fell by 73.5%, total assets fell by 58.3%, total liabilities fell by 1.1% and employee numbers fell by 40%. Cash in bank contracted at 48.5% a year across the two years to 2025, from £1.97M to £521.29K. Reported headcount went from 5 in 2023 to 3 in 2025 (-2).
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.