Nova Finance Limited
Registered name: NOVA FINANCE LIMITED
Nova Finance Limited made £29m revenue and £26.8k profit in the year to 30 Jun 2025.
Nova Finance Limited’s revenue grew 2% to £29m in the year to 30 Jun 2025, with £26.8k profit and 57 employees. The company is classified under “sale of used cars and light motor vehicles” and is based in Morpeth; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Morpeth, North East
- Age
- 46 yrs · since 1980
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Jun 2023 | 30 Jun 2024 | 30 Jun 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £19.9m | £28.4m | £29m |
| Cost of sales | −£17.6m | −£25.5m | −£26.1m |
| Gross profit | £2.4m | £2.9m | £3m |
| Operating profit | £49.9k | £147k | £84.7k |
| Profit before tax | £11.6k | £105k | £49.5k |
| Profit after tax | £4.3k | £60.9k | £26.8k |
| Profit (best available) | £4.3k | £60.9k | £26.8k |
| Employees (average) | 50 | 56 | 57 |
| Ratios | |||
| Profit margin | 0% | 0.2% | 0.1% |
| Gross margin | 11.8% | 10.2% | 10.2% |
| Revenue per employee | £399k | £506k | £509k |
| Profit per employee | £86 | £1.1k | £470 |
| Growth (year on year) | |||
| Revenue growth | — | ▲42.2% | ▲2.3% |
| Profit growth | — | ▲1322% | ▼56% |
| Headcount growth | — | ▲12% | ▲1.8% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Apr 2025 | Accounts · bulk data Apr 2025 | Accounts · bulk data Feb 2026 |
How the business works
- Profit margin
- 0.1%
- Profit ÷ revenue.
- Gross margin
- 10.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £509k
- Revenue ÷ average employees.
- Profit per employee
- £470
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- ▲2%
- Now 57
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- David Spear Commercials LimitedPark ST Mellons · Sale of used cars and light motor vehicles
- Revenue
- £29m
- Profit
- £557k
- Staff
- 24
- Des Winks Cars LimitedScarborough · Sale of used cars and light motor vehicles
- Revenue
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- Profit
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- Wheelers Chipping Norton LimitedChipping Norton · Sale of used cars and light motor vehicles
- Revenue
- £29.2m
- Profit
- £1.2m
- Staff
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- RM Auctions LimitedSale of used cars and light motor vehicles
- Revenue
- £29.2m
- Profit
- £4.5m
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- Jeff White Motors LimitedSouth Glamorgan · Sale of used cars and light motor vehicles
- Revenue
- £28.8m
- Profit
- £521k
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- Roxburghe Finance LimitedBirmingham · Sale of used cars and light motor vehicles
- Revenue
- £28.6m
- Profit
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- Staff
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Sources
Latest figures from accounts for the year to 30 Jun 2025 (profit £26.8k), from the Companies House accounts bulk data published Feb 2026. Spotted an error? Request a correction.
Updated from Companies House on 16 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.