Novel Construction Ltd
Registered name: NOVEL CONSTRUCTION LTD
Novel Construction Ltd made £145k revenue and £10.3k profit in the year to 30 Sep 2024.
Novel Construction Ltd’s revenue was £145k in the year to 30 Sep 2024, with £10.3k profit and 1 employee. The company is classified under “construction of domestic buildings” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- London, London
- Age
- 4 yrs · since 2022
- 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 Sep 2023 | 30 Sep 2024 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £146k | £145k |
| Cost of sales | £135k | £117k |
| Gross profit | £11k | £27.9k |
| Operating profit | £1.2k | £12.8k |
| Profit before tax | £1.2k | £12.8k |
| Profit after tax | £1.1k | £10.3k |
| Profit (best available) | £1.1k | £10.3k |
| Employees (average) | 1 | 1 |
| Ratios | ||
| Profit margin | 0.8% | 7.1% |
| Gross margin | 7.6% | 19.2% |
| Revenue per employee | £146k | £145k |
| Profit per employee | £1.1k | £10.3k |
| Growth (year on year) | ||
| Revenue growth | — | ▼0.4% |
| Profit growth | — | ▲806.9% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £257 | £3k |
| Net assets | −£11k | £20.5k |
| Current assets | £257 | — |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jun 2025 |
How the business works
- Profit margin
- 7.1%
- Profit ÷ revenue.
- Gross margin
- 19.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £145k
- Revenue ÷ average employees.
- Profit per employee
- £10.3k
- 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 £20.5k
- Cash at bank
- ▲1070%
- Now £3k
- Headcount
- 0%
- Now 1
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Hillbuilt Construction LimitedSouthampton · Construction of domestic buildings
- Revenue
- £144k
- Profit
- £4.9k
- Staff
- 1
- Retirement Security (Reading) LimitedWarwick · Construction of domestic buildings
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- Profit
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- Cushion & Clarke LtdNorth Walsham · Construction of domestic buildings
- Revenue
- £148k
- Profit
- £15.6k
- Staff
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- Retirement Security (Milton Keynes) LimitedWarwick · Construction of domestic buildings
- Revenue
- £141k
- Profit
- £23.1k
- Staff
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- Stonehenge Construction LimitedGreenford · Construction of domestic buildings
- Revenue
- £139k
- Profit
- £28.3k
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- Dynamic Renovations Sussex LtdBognor Regis · Construction of domestic buildings
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 30 Sep 2024 (profit £10.3k), from the Companies House accounts bulk data published Jun 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.