NOVUS PROPERTY SOLUTIONS LIMITED

1. NOVUS PROPERTY SOLUTIONS LIMITED 2013-04-19 → present
2. SEDDON PROPERTY SERVICES LIMITED 2009-09-07 → 2013-04-19
3. J & S SEDDON (PAINTING) LIMITED 1989-10-04 → 2009-09-07
4. BUFFMILL LIMITED 1989-07-12 → 1989-10-04

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton UK LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have reviewed the company's budgets and forecasts for the 12 months from the date of this report, and its liquid resources. These forecasts demonstrate that the company will have sufficient cash resources for a period of at least one year. Thus, the directors have at the time of approving these financial statements, an expectation that the company has adequate resources to continue in operational existence for the going concern assessment period, which is 12 months from the date of approval of these financial statements. Consequently, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. NOVUS PROPERTY SOLUTIONS LIMITED · parent
   1. Dukfent NLR Limited 100% · United Kingdom · Specialised construction activities
   2. SPaint NLR Limited 100% · United Kingdom · Dormant

Significant events

• “Post year end, there have been dividends of £1,137k (2023: £202k) paid.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +10.8%

  £173,057,000 → £191,777,000

• Cash

  -4.8%

  £13,231,000 → £12,595,000

• Net assets

  +10.2%

  £16,951,000 → £18,681,000

• Employees

  -8.4%

  765 → 701

• Operating profit

  +304.9%

  £801,000 → £3,243,000

• Profit before tax

  +282.1%

  £885,000 → £3,382,000

• Wages

  -5.6%

  £30,987,000 → £29,237,000

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