NOVOTEK SOLUTIONS UK & IRELAND LIMITED Financials
- Company number
- 04062330CopyCopy
- Registered office
- Edric House Towers Plaza, Wheelhouse Road, Rugeley WS15 1UW
- Incorporated
- 30/08/2000
Company snapshot
- Status
- Active
- Employees
- 24 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
60.41%vs 20242024: £1.23M
Total Assets
13.64%vs 20242024: £2.66M
Cash in Bank
-41.61%vs 20242024: £1.26M
Total Liabilities
-26.39%vs 20242024: £1.43M
Employees
0vs 20242024: 24
In 2025, NOVOTEK SOLUTIONS UK & IRELAND LIMITED reported net assets of £1.97M. The same filing shows total assets of £3.03M, cash in bank of £736.02K and total liabilities of £1.06M. Reported headcount was 24 in 2025. Net Assets rose from £1.23M in 2024 to £1.97M in 2025 (60.41%). 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
60.41%from £1.23M in 2024Year-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 NOVOTEK SOLUTIONS UK & IRELAND LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+164%vs 2023+62.5% a year compound (CAGR)
Cash in Bank
+2.6%vs 2023+1.3% a year compound (CAGR)
Total Assets
+76.4%vs 2023+32.8% a year compound (CAGR)
Total Liabilities
+9%vs 2023+4.4% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+164%
£746.08K in 2023 to £1.97M in 2025
Every measure that changed in NOVOTEK SOLUTIONS UK & IRELAND LIMITED's filings between 2023 and 2025 rose. The steepest rise came in net assets, pointing to a strengthening balance sheet, with cash in bank, total assets and total liabilities climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NOVOTEK SOLUTIONS UK & IRELAND 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
- 65.10%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
- 34.90%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
- 69.70%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
- 24.33%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 NOVOTEK SOLUTIONS UK & IRELAND LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 1.91M | 2.59M | 746.08K | 1.23M | 1.97M |
| Total Assets£ | 2.95M | 3.30M | 1.72M | 2.66M | 3.03M |
| Cash in Bank£ | 1.06M | 1.40M | 717.71K | 1.26M | 736.02K |
| Total Liabilities£ | 939.25K | 643.32K | 968.96K | 1.43M | 1.06M |
| Employees | 22 | 21 | 24 | 24 | 24 |
NOVOTEK SOLUTIONS UK & IRELAND LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NOVOTEK SOLUTIONS UK & IRELAND LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
NOVOTEK SOLUTIONS UK & IRELAND LIMITED reported net assets of £1.97M for 2025. That compares with £1.23M in 2024, a change of 60.41%.
NOVOTEK SOLUTIONS UK & IRELAND LIMITED reported total assets of £3.03M for 2025. That compares with £2.66M in 2024, a change of 13.64%.
NOVOTEK SOLUTIONS UK & IRELAND LIMITED reported cash in bank of £736.02K for 2025. That compares with £1.26M in 2024, a change of -41.61%.
NOVOTEK SOLUTIONS UK & IRELAND LIMITED reported 24 employees in 2025, compared with 24 in 2024.
Between 2023 and 2025, NOVOTEK SOLUTIONS UK & IRELAND LIMITED's net assets rose by 164%, cash in bank rose by 2.6%, total assets rose by 76.4% and total liabilities rose by 9%. Net assets compounded at 62.5% a year across the two years to 2025, from £746.08K to £1.97M. Reported headcount went from 24 in 2023 to 24 in 2025.
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.