NOVAR ED&S LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-15 (this month)
Last made up 2025-05-01
Watchouts
Cash
£2M
-4.2% vs 2023
Net assets
£108M
+6.9% vs 2023
Employees
295
-4.2% vs 2023
Profit before tax
£4M
+310.8% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 4 times since incorporation
- NOVAR ED&S LIMITED 2002-07-29 → present
- MK ELECTRIC LIMITED 2000-12-29 → 2002-07-29
- CARADON MK ELECTRIC LIMITED 1994-03-17 → 2000-12-29
- M.K. ELECTRIC LIMITED 1983-05-05 → 1994-03-17
- "M.K."ELECTRIC,LIMITED 1923-04-17 → 1983-05-05
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £73,720,000 | £71,880,000 | |
| Operating profit | -£10,201,000 | -£1,885,000 | |
| Profit before tax | -£1,792,000 | £3,777,000 | |
| Net profit | -£3,702,000 | £2,585,000 | |
| Cash | £1,893,000 | £1,813,000 | |
| Total assets less current liabilities | £48,913,000 | £47,665,000 | |
| Net assets | £101,482,000 | £108,463,000 | |
| Equity | £101,482,000 | £108,463,000 | |
| Average employees | 308 | 295 | |
| Wages | £15,511,000 | £14,369,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -13.8% | -2.6% | |
| Net margin | -5.0% | 3.6% | |
| Return on capital employed | -20.9% | -4.0% | |
| Current ratio | 1.23x | 1.20x | |
| Interest cover | -2.01x | -0.31x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have a reasonable expectation that the company has adequate resources, including support from Honeywell International Inc. to continue in operational existence for the foreseeable future being a period of at least 12 months from the date of signing these financial statements.”
Group structure
- NOVAR ED&S LIMITED · parent
- Honeywell Electrical Devices & Systems India Limited 91%
Significant events
- “On 22nd October 2024, the company's immediate parent Novar Electrical Holdings distributed all of its shares in Novar ED&S Limited to Novar Holding Limited, who subsequently distributed the shares to Novar Limited on 20th November 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 57 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MILLERSHIP, David | Director | 2023-03-24 | Sep 1975 | British |
| ORBELL-THOMPSON, Madeleine | Director | 2017-06-01 | Jul 1976 | British |
Show 57 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| GOODFELLOW, Anthony | Secretary | — | 1994-10-03 |
| RICHARDSON, Karen | Secretary | 1994-10-03 | 2005-03-31 |
| VAN KULA III, George | Secretary | 2005-03-31 | 2005-06-30 |
| EPS SECRETARIES LIMITED | Corporate Secretary | 2005-06-30 | 2008-06-30 |
| SISEC LIMITED | Corporate Secretary | 2008-06-30 | 2016-01-29 |
| AMPHLETT, Stephen Leslie | Director | — | 1999-06-12 |
| BANCROFT, Paul Andrew | Director | 1993-04-01 | 1993-12-23 |
| BARNES, Ian Murray | Director | 1998-10-01 | 2001-04-30 |
| BHOWMIK, Chandan Kanti | Director | 2001-12-12 | 2003-04-11 |
| BOX, Simon Peter | Director | 2004-01-02 | 2007-09-28 |
| CARR, Graham Robert | Director | — | 1998-03-31 |
| CHORLTON, James Drummond | Director | 2004-01-02 | 2015-05-29 |
| CLARK, Joseph Ogilvie | Director | 2000-08-01 | 2002-07-02 |
| COHEN, Daniel Charles | Director | 1994-01-06 | 1995-11-27 |
| COHEN, David Adam | Director | 2005-08-01 | 2009-01-30 |
| COUTER, Nigel Alan | Director | — | 1997-01-31 |
| DARKES, Timothy Nathan | Director | 2000-08-01 | 2003-12-01 |
| DAVISON, Michael John | Director | — | 1998-10-01 |
| DAYAN, Daniel | Director | 2001-04-23 | 2005-03-31 |
| DELVE, Martin Christopher | Director | 2003-07-31 | 2004-06-29 |
| DENNIS, Philip Andrew | Director | 1998-03-01 | 1998-11-02 |
| DIX, Nicola | Director | 2020-05-14 | 2023-03-24 |
| DOWSETT, Michael John | Director | — | 1994-01-01 |
| DRAKESMITH, Nicholas Timon | Director | 2003-04-22 | 2005-06-30 |
| EDWARDS, Brian Rowland | Director | — | 1999-12-30 |
| ERKILIC, Mehmet | Director | 2016-12-13 | 2018-01-31 |
| FOSTER, Graham Peter | Director | 1998-11-02 | 2000-07-01 |
| FRASER, Grant William | Director | 2010-03-31 | 2016-10-07 |
| FUTCHER, Walter Aubrey | Director | — | 2000-03-01 |
| GARLAND, Neil Eric | Director | 2017-06-01 | 2020-05-15 |
| GOODFELLOW, Anthony | Director | — | 1997-09-30 |
| HILL, Michael Andrew | Director | 2000-08-01 | 2018-10-26 |
| JONES, Timothy Charles | Director | 2002-02-22 | 2003-07-31 |
| KEITH, Edward John Buchanan | Director | 1993-04-01 | 1998-08-31 |
| KITCHING, Christopher Reynard Edward | Director | 1996-05-03 | 1999-10-31 |
| LARKINS, Thomas F | Director | 2010-03-31 | 2012-11-16 |
| LLEWELLYN, Trefor Wilmot | Director | 1995-09-19 | 1997-10-01 |
| MAINWARING, Paul Richard | Director | 1995-03-08 | 1998-01-31 |
| MALCHEREK, Ernst Robert | Director | 2005-08-01 | 2014-12-02 |
| MOIZAHN, Sven Eric | Director | 2005-08-01 | 2007-09-01 |
| MOSS, Andrew John | Director | 1997-10-01 | 1998-09-11 |
| NONNENMANN, Frank Paul | Director | 2011-11-10 | 2013-05-31 |
| QUANTRILL, Andrea | Director | 2012-01-27 | 2013-05-31 |
| RACE, Eric | Director | — | 1993-04-01 |
| RAY, John William | Director | — | 1993-04-01 |
| RICHARDS, Allan | Director | 2007-03-01 | 2011-02-21 |
| SEDDON, Andrew David | Director | 1998-08-03 | 1999-06-25 |
| SIFORD, Neil Edward | Director | 1999-06-25 | 2002-02-22 |
| SNADDEN, Ian | Director | 2018-11-01 | 2020-05-15 |
| SOUTHGATE, Michael Alan | Director | 1996-01-01 | 2011-11-10 |
| STEARNS, Andrew Robert | Director | 2004-01-02 | 2007-05-24 |
| TILMAN, David Ward | Director | 1994-12-29 | 1995-12-22 |
| TUS, John J | Director | 2010-03-31 | 2019-09-24 |
| WHITE, Christopher John | Director | 2004-11-01 | 2012-01-27 |
| WHITE, Christopher John | Director | 2000-07-01 | 2003-12-01 |
| WINSTONE, Robert James | Director | 1997-01-06 | 1998-10-01 |
| WOODS, Peter Philip | Director | — | 2001-06-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Novar Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-11-20 | Active |
| Novar Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-22 | Ceased 2024-11-20 |
| Novar Electrical Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-10-22 |
Filing timeline
Last 20 of 314 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-08 | AA | accounts | Accounts with accounts type full | |
| 2025-05-14 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-05-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-05-13 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-05-13 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-03-14 | AA | accounts | Accounts with accounts type full | |
| 2024-05-29 | AA | accounts | Accounts with accounts type full | |
| 2024-05-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-05-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-24 | AA | accounts | Accounts with accounts type full | |
| 2022-05-11 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-07 | AA | accounts | Accounts with accounts type full | |
| 2021-05-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-22 | AA | accounts | Accounts with accounts type full | |
| 2020-05-21 | AP01 | officers | Appoint person director company with name date | |
| 2020-05-20 | TM01 | officers | Termination director company with name termination date | |
| 2020-05-20 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-2.5%
£73,720,000 £71,880,000
-
Cash
-4.2%
£1,893,000 £1,813,000
-
Net assets
+6.9%
£101,482,000 £108,463,000
-
Employees
-4.2%
308 295
-
Operating profit
+81.5%
-£10,201,000 -£1,885,000
-
Profit before tax
+310.8%
-£1,792,000 £3,777,000
-
Wages
-7.4%
£15,511,000 £14,369,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers