NOVOTEK UK & IRELAND LIMITED Financials
- Company number
- SC274480CopyCopy
- Registered office
- Stanley House, 69/71 Hamilton Road, Motherwell ML1 3DG
- Incorporated
- 09/10/2004
Company snapshot
- Status
- Active
- Employees
- 13 (2025)
- Latest financial data
- 2025
- Accounts type
- Small
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2025.
Net Assets
8.26%vs 20242024: £2.32M
Total Assets
-2.05%vs 20242024: £14.49M
Cash in Bank
38.90%vs 20242024: £457.74K
Total Liabilities
-4.00%vs 20242024: £12.16M
Employees
-1vs 20242024: 14
In 2025, NOVOTEK UK & IRELAND LIMITED reported net assets of £2.51M. The same filing shows total assets of £14.19M, cash in bank of £635.80K and total liabilities of £11.68M. Reported headcount was 13 in 2025. Total Liabilities fell from £12.16M in 2024 to £11.68M in 2025 (-4.00%). 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
8.26%from £2.32M in 2024Year-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 NOVOTEK 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
+21.4%vs 2023+10.2% a year compound (CAGR)
Cash in Bank
-15.6%vs 2023-8.1% a year compound (CAGR)
Total Assets
+19.1%vs 2023+9.1% a year compound (CAGR)
Total Liabilities
+18.9%vs 2023+9% a year compound (CAGR)
Employees
-7.1%vs 2023-1Biggest increase
Net Assets+21.4%
£2.07M in 2023 to £2.51M in 2025
Biggest decrease
Cash in Bank-15.6%
£753.09K in 2023 to £635.80K in 2025
NOVOTEK UK & IRELAND LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NOVOTEK 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
- 17.70%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
- 82.28%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
- 5.44%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
- 4.48%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 UK & IRELAND LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Net Assets£ | 1.37M | 2.07M | 2.32M | 2.51M |
| Total Assets£ | 10.06M | 11.92M | 14.49M | 14.19M |
| Cash in Bank£ | 642.36K | 753.09K | 457.74K | 635.80K |
| Total Liabilities£ | 8.64M | 9.82M | 12.16M | 11.68M |
| Employees | 13 | 14 | 14 | 13 |
NOVOTEK UK & IRELAND LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NOVOTEK UK & IRELAND LIMITED covering 2022–2025, across 5 reported indicators. The most recent reported year is 2025.
NOVOTEK UK & IRELAND LIMITED reported net assets of £2.51M for 2025. That compares with £2.32M in 2024, a change of 8.26%.
NOVOTEK UK & IRELAND LIMITED reported total assets of £14.19M for 2025. That compares with £14.49M in 2024, a change of -2.05%.
NOVOTEK UK & IRELAND LIMITED reported cash in bank of £635.80K for 2025. That compares with £457.74K in 2024, a change of 38.90%.
NOVOTEK UK & IRELAND LIMITED reported 13 employees in 2025, compared with 14 in 2024.
Between 2023 and 2025, NOVOTEK UK & IRELAND LIMITED's net assets rose by 21.4%, cash in bank fell by 15.6%, total assets rose by 19.1% and total liabilities rose by 18.9%. Net assets compounded at 10.2% a year across the two years to 2025, from £2.07M to £2.51M. Reported headcount went from 14 in 2023 to 13 in 2025 (-1).
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.