NOVIA FINANCIAL PLC

Company number

06467886

Status

Active

Incorporation

2008-01-09

Last accounts made up

2024-12-31

Account category

FULL

Primary SIC

64999

Hubs

UK Fintech

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PKF Littlejohn LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Directors have produced projections for the Company's financial performance for at least twelve months from the date of approval of these financial statements. These projections are inclusive of the effects of economic uncertainties that may impact the Company. Revenue and AUA projections have been sensitised to take account of economic uncertainties and the impact this has on the performance of the Company. Several different scenarios have been modelled in order to stress test the potential impacts on profits, working capital, liquidity and regulatory capital. These projections rely on judgement in assessing future economic events and market movements. However, through the application of prudence in financial projections and the stress testing of results, the Directors are confident that these projections are suitably robust and that there exists a prudent safety margin over and above all of the Company's key financial measures. When combined with appropriate cost controls, the Directors are satisfied that the Company will continue to have sufficient funds in place to meet its requirements.”

Subsidiaries

• Novia (Gross) Nominee Limited · 100% held · United Kingdom · Non-trading financial services
• Novia (Net) Nominee Limited · 100% held · United Kingdom · Non-trading financial services
• Novia (ISA) Nominee Limited · 100% held · United Kingdom · Non-trading financial services

Significant events

• “In March 2025 Novia Financial Plc entered into an agreement with WIPRO Financial Outsourcing Services Limited ("WIPRO") which will see the Company's Operations and Technology & Change functions transferred to a newly established UK centre of excellence within a separate entity under the ownership and control of WIPRO.”
• “Post year-end the Company has signed a partnership with its technology partner and a leading technology services and consulting company. This will see technology and operational support outsourced, as well as significant upgrades from its technology partner.”
• “The intention of the Directors is to pursue a strategy of growth, by expanding the business's product and service proposition with the strategic partnership with WIPRO Financial Outsourcing Services Limited ("WIPRO").”

Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers