NOVUS MECHANICAL LTD Financials
- Company number
- 10720773Copy
Copy - Registered office
- Lifford Hall Lifford Lane, Kings Norton, Birmingham, West Midlands B30 3JN
- Incorporated
- 11/04/2017
Company snapshot
- Status
- Active
- Employees
- 7 (2025)
- Latest financial data
- 2025
- Accounts type
- Unaudited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
11.37%vs 20242024: £1.05M
Total Assets
23.74%vs 20242024: £1.28M
Cash in Bank
-84.43%vs 20242024: £782.15K
Total Liabilities
78.91%vs 20242024: £235.13K
Employees
0vs 20242024: 7
In 2025, NOVUS MECHANICAL LTD reported net assets of £1.17M. The same filing shows total assets of £1.59M, cash in bank of £121.80K and total liabilities of £420.68K. Reported headcount was 7 in 2025. Cash in Bank fell from £782.15K in 2024 to £121.80K in 2025 (-84.43%). 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
11.37%from £1.05M 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 NOVUS MECHANICAL LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+19.8%vs 2023+9.5% a year compound (CAGR)
Cash in Bank
-82.1%vs 2023-57.8% a year compound (CAGR)
Total Assets
+26.3%vs 2023+12.4% a year compound (CAGR)
Total Liabilities
+48.8%vs 2023+22% a year compound (CAGR)
Employees
+16.7%vs 2023+1Biggest increase
Total Liabilities+48.8%
£282.78K in 2023 to £420.68K in 2025
Biggest decrease
Cash in Bank-82.1%
£682.31K in 2023 to £121.80K in 2025
NOVUS MECHANICAL LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 NOVUS MECHANICAL 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
- 73.52%2025
- Liabilities to total assets
- 26.48%2025
- Cash to liabilities
- 28.95%2025
- Cash to total assets
- 7.67%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 NOVUS MECHANICAL LTD 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£ | 620.21K | 667.49K | 974.88K | 1.05M | 1.17M |
| Total Assets£ | 924.36K | 967.41K | 1.26M | 1.28M | 1.59M |
| Cash in Bank£ | 447.87K | 259.96K | 682.31K | 782.15K | 121.80K |
| Total Liabilities£ | 238.30K | 299.92K | 282.78K | 235.13K | 420.68K |
| Employees | 5 | 7 | 6 | 7 | 7 |
NOVUS MECHANICAL LTD financials: frequently asked questions
Answered from this company's own filed figures.
Has NOVUS MECHANICAL LTD filed financial statements?
Yes. Okredo holds filed figures for NOVUS MECHANICAL LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did NOVUS MECHANICAL LTD report in 2025?
NOVUS MECHANICAL LTD reported net assets of £1.17M for 2025. That compares with £1.05M in 2024, a change of 11.37%.
What total assets did NOVUS MECHANICAL LTD report in 2025?
NOVUS MECHANICAL LTD reported total assets of £1.59M for 2025. That compares with £1.28M in 2024, a change of 23.74%.
What cash in bank did NOVUS MECHANICAL LTD report in 2025?
NOVUS MECHANICAL LTD reported cash in bank of £121.80K for 2025. That compares with £782.15K in 2024, a change of -84.43%.
How many people does NOVUS MECHANICAL LTD employ?
NOVUS MECHANICAL LTD reported 7 employees in 2025, compared with 7 in 2024.
How have NOVUS MECHANICAL LTD financials changed over the last 3 years?
Between 2023 and 2025, NOVUS MECHANICAL LTD's net assets rose by 19.8%, cash in bank fell by 82.1%, total assets rose by 26.3% and total liabilities rose by 48.8%. Net assets compounded at 9.5% a year across the two years to 2025, from £974.88K to £1.17M. Reported headcount went from 6 in 2023 to 7 in 2025 (+1).
Which years of NOVUS MECHANICAL LTD financial data are available?
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.