NOVUS CARE LIMITED Financials
- Company number
- 07773800CopyCopy
- Industry
- Social work activities without accommodation for the elderly and disabled (88.10 - SIC 2007)
- Registered office
- C/O Azets 7-8 Britannia Business Park, Comet Way, Southend On Sea, Essex SS2 6GE
- Incorporated
- 14/09/2011
Company snapshot
- Status
- Active
- Employees
- 175 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
104.28%vs 20232023: £164.67K
Total Assets
44.80%vs 20232023: £626.99K
Cash in Bank
75.61%vs 20232023: £235.59K
Total Liabilities
23.61%vs 20232023: £462.32K
Employees
-41vs 20232023: 216
In 2024, NOVUS CARE LIMITED reported net assets of £336.39K. The same filing shows total assets of £907.87K, cash in bank of £413.73K and total liabilities of £571.48K. Reported headcount was 175 in 2024. Total Assets rose from £626.99K in 2023 to £907.87K in 2024 (44.80%). Okredo holds filed figures for 2021–2024; 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
104.28%from £164.67K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NOVUS CARE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+70.3%vs 2022+30.5% a year compound (CAGR)
Cash in Bank
+42.3%vs 2022+19.3% a year compound (CAGR)
Total Assets
+36.4%vs 2022+16.8% a year compound (CAGR)
Total Liabilities
+22.1%vs 2022+10.5% a year compound (CAGR)
Employees
-34.5%vs 2022-92Biggest increase
Net Assets+70.3%
£197.47K in 2022 to £336.39K in 2024
Biggest decrease
Employees-34.5%
267 in 2022 to 175 in 2024
NOVUS CARE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NOVUS CARE 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
- 37.05%2024
- 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
- 62.95%2024
- 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
- 72.40%2024
- 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
- 45.57%2024
- 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 NOVUS CARE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 318.72K | 197.47K | 164.67K | 336.39K |
| Total Assets£ | 946.47K | 665.69K | 626.99K | 907.87K |
| Cash in Bank£ | 317.68K | 290.71K | 235.59K | 413.73K |
| Total Liabilities£ | 608.87K | 468.22K | 462.32K | 571.48K |
| Employees | 267 | 267 | 216 | 175 |
NOVUS CARE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NOVUS CARE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
NOVUS CARE LIMITED reported net assets of £336.39K for 2024. That compares with £164.67K in 2023, a change of 104.28%.
NOVUS CARE LIMITED reported total assets of £907.87K for 2024. That compares with £626.99K in 2023, a change of 44.80%.
NOVUS CARE LIMITED reported cash in bank of £413.73K for 2024. That compares with £235.59K in 2023, a change of 75.61%.
NOVUS CARE LIMITED reported 175 employees in 2024, compared with 216 in 2023.
Between 2022 and 2024, NOVUS CARE LIMITED's net assets rose by 70.3%, cash in bank rose by 42.3%, total assets rose by 36.4% and total liabilities rose by 22.1%. Net assets compounded at 30.5% a year across the two years to 2024, from £197.47K to £336.39K. Reported headcount went from 267 in 2022 to 175 in 2024 (-92).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.