Noveba Limited
Registered name: NOVEBA LIMITED
Noveba Limited made £48.2k revenue and £137k profit in the year to 31 Dec 2024.
Noveba Limited’s revenue fell 92% to £48.2k in the year to 31 Dec 2024, with £137k profit and 7 employees. The company is classified under “financial intermediation not elsewhere classified” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 8 yrs · since 2018
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
Key figures
Unusual figures. Profit is higher than revenue in this filing. That usually means investment income, dividends from subsidiaries or one-off gains — or a mis-tagged figure. Check the original filing before drawing conclusions.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2021 | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £588k | £48.2k |
| Operating profit | — | — | £58k | £194k |
| Profit before tax | — | — | £20.7k | £137k |
| Profit after tax | — | — | £19.6k | £137k |
| Profit (best available) | — | — | £19.6k | £137k |
| Staff costs | — | — | £101k | £197k |
| Employees (average) | 4 | 2 | 5 | 7 |
| Ratios | ||||
| Profit margin | — | — | 3.3% | 283.3% |
| Revenue per employee | — | — | £118k | £6.9k |
| Profit per employee | — | — | £3.9k | £19.5k |
| Cash conversion | — | — | 52% | −13141% |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼91.8% |
| Profit growth | — | — | — | ▲596.4% |
| Headcount growth | — | ▼50% | ▲150% | ▲40% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £48.2k | £119k | £529k | £24.7m |
| Net assets | £46.1k | £276k | £295k | £432k |
| Fixed assets | £735k | £729k | £727k | £728k |
| Current assets | £244k | £327k | £1.3m | £25m |
| Debtors | £2k | £2.4k | £11.4k | £24.8k |
| Cash from operations | — | — | £30.2k | −£25.4m |
| Source | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Nov 2023 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- 283.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £6.9k
- Revenue ÷ average employees.
- Profit per employee
- £19.5k
- Profit ÷ average employees.
- Cash conversion
- −13141%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1510%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 51.4%
- 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
- ▲46%
- Now £432k
- Cash at bank
- ▲4576%
- Now £24.7m
- Headcount
- ▲40%
- Now 7
- Deferred income
- —
- Now —
- Fixed assets
- ▲0%
- Now £728k
Sources
Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £137k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.