Novus 1 Limited
Registered name: NOVUS 1 LIMITED
Part of Novus Solar Limited groupNovus 1 Limited made £106k revenue and £30.5k profit in the year to 31 Mar 2025. read from filing text
Novus 1 Limited’s revenue fell 17% to £106k in the year to 31 Mar 2025, with £30.5k profit and 0 employees. The company is classified under “other engineering activities” and is based in Cheltenham; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Cheltenham, South West
- Age
- 13 yrs · since 2013
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Novus 1 Limited is a company wholly owned by Novus Solar Limited, a company incorporated in England, with the registered office of 3rd Floor, St George's House, 13-14 Ambrose Street, Cheltenham United”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | |||
| Revenue (turnover) | £115k | £128k | £106k |
| Cost of sales | £40.3k | £50.4k | £73.8k |
| Gross profit | £74.7k | £77.3k | £32.4k |
| Operating profit | — | — | £30k |
| Profit before tax | £73.3k | £74k | £30.1k |
| Profit after tax | £62.4k | £56.3k | £30.5k |
| Profit (best available) | £62.4k | £56.3k | £30.5k |
| Employees (average) | 0 | 0 | 0 |
| Ratios | |||
| Profit margin | 54.3% | 44.1% | 28.8% |
| Gross margin | 65% | 60.5% | 30.5% |
| Growth (year on year) | |||
| Revenue growth | — | ▲11% | ▼16.8% |
| Profit growth | — | ▼9.8% | ▼45.7% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £13.9k | £34.7k | £44k |
| Net assets | £457k | £514k | £544k |
| Fixed assets | £346k | £325k | £303k |
| Current assets | £171k | £250k | £281k |
| Debtors | £1.6k | £11.3k | £490 |
| Deferred income | £1.8k | £1.3k | £475 |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Jan 2026 |
How the business works
- Profit margin
- 28.8%
- Profit ÷ revenue.
- Gross margin
- 30.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 285.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- 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
- ▲6%
- Now £544k
- Cash at bank
- ▲27%
- Now £44k
- Headcount
- —
- Now 0
- Deferred income
- ▼64%
- Now £475
- Fixed assets
- ▼7%
- Now £303k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Novus Solar Limitedultimate parent75–100%
- Novus 1 Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit £30.5k), from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 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.