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Company No. 08366396 · Incorporated 18 Jan 2013

Novus 1 Limited

Registered name: NOVUS 1 LIMITED

Part of Novus Solar Limited group

Novus 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.

Full P&L filedSection M · Professional, scientific and technical activitiesSIC 71129Other engineering activities
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”

Latest accounts · year to 31 Mar 2025

Key figures

Small team
Revenue
£106k
Growth ▼16.8%
Profit
£30.5k
Growth ▼45.7%
Profit margin
28.8%
Gross 30.5%
Employees
0
Change —
Profit / employee
—
 
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 202431 Mar 2025
DisclosureFull P&Lread from filing textFull P&Lread from filing textFull 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)000
Ratios
Profit margin54.3%44.1%28.8%
Gross margin65%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
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024FullAccounts · bulk data Jan 2026
Derived from the latest filing

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.
Indirect — not revenue

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.

Corporate ownership

Group structure

Ownership chain

  1. Novus Solar Limitedultimate parent75–100%
  2. 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).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.