How much does Novora Building Services Limited make?

Novora Building Services Limited reported revenue of £13.2m and £166k profit in the year to 31 Mar 2023, according to its accounts filed at Companies House.

How many employees does Novora Building Services Limited have?

Novora Building Services Limited reported an average of 87 employees in the year to 31 Mar 2023.

Is Novora Building Services Limited profitable?

Yes — Novora Building Services Limited reported a profit of £166k in the year to 31 Mar 2023.

Company No. 11890338 · Incorporated 19 Mar 2019

Novora Building Services Limited

Registered name: NOVORA BUILDING SERVICES LIMITED

Part of Avonside Energy Holdings Limited group

Novora Building Services Limited made £13.2m revenue and £166k profit in the year to 31 Mar 2023. read from filing text

Novora Building Services Limited’s revenue grew 9% to £13.2m in the year to 31 Mar 2023, with £166k profit and 87 employees. The company is classified under “other construction installation” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection F · ConstructionSIC 43290Other construction installation

Status: Active
Location: London, London
Age: 7 yrs · since 2019
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.

Latest accounts · year to 31 Mar 2023

Key figures

Young and profitableOperating leverageDoing more with lessBoring industry

Revenue

£13.2m

Growth ▲8.6%

Profit

£166k

Growth ▲98.3%

Profit margin

1.3%

Gross 22.1%

Employees

Change ▼5.4%

Profit / employee

£1.9k

Revenue/employee £152k

Profitable streak

2yrs

Consecutive profitable years in our data

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

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Mar 2022	31 Mar 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£12.2m	£13.2m
Cost of sales	£9.1m	£10.3m
Gross profit	£3m	£2.9m
Operating profit	£225k	£351k
Profit before tax	£120k	£218k
Profit after tax	£83.6k	£166k
Profit (best available)	£83.6k	£166k
Staff costs	£3.5m	£3.4m
Employees (average)	92	87
Ratios
Profit margin	0.7%	1.3%
Gross margin	24.9%	22.1%
Revenue per employee	£132k	£152k
Profit per employee	£909	£1.9k
Growth (year on year)
Revenue growth	—	▲8.6%
Profit growth	—	▲98.3%
Headcount growth	—	▼5.4%
Balance sheet — indirect signals, not revenue
Cash at bank	£759k	£720k
Net assets	£185k	£347k
Fixed assets	£2.8m	£2.7m
Current assets	£3.9m	£3.8m
Debtors	£2.2m	£2.1m
Deferred income	£536k	£527k
Source	FullAccounts · bulk data Dec 2023	FullAccounts · bulk data Dec 2023

Derived from the latest filing

How the business works

Profit margin: 1.3%; Profit ÷ revenue.
Gross margin: 22.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £152k; Revenue ÷ average employees.
Profit per employee: £1.9k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 20.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 4%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 16.2%; 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: ▲88%; Now £347k
Cash at bank: ▼5%; Now £720k
Headcount: ▼5%; Now 87
Deferred income: ▼2%; Now £527k
Fixed assets: ▼5%; Now £2.7m

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

Avonside Energy Holdings Limitedultimate parent75–100%
Novora 2 Limited50–75%
Novora Building Services Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Novora Building Services (Scotland) LimitedFigures not disclosed

Minority corporate shareholders

Avonside Energy Holdings Limited 25–50%
W7S Directors Limited

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Mar 2023 (profit £166k), from the Companies House accounts bulk data published Dec 2023. 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.