NOVUS PROPERTY SOLUTIONS LIMITED
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Cash
£11M
-12.9% lowest in 3 filed years
Net assets
£19M
+2.7% highest in 3 filed years
Employees
711
+1.4% vs 2024
Profit before tax
£2.6M
-22.9% vs 2024
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £173,057,000 | £191,777,000 | £167,391,000 | -12.7% | |
| Operating profit | £801,000 | £3,243,000 | £2,489,000 | -23.3% | |
| Profit before tax | £885,000 | £3,382,000 | £2,608,000 | -22.9% | |
| Net profit | £636,000 | £2,538,000 | £2,055,000 | -19% | |
| Cash | £13,231,000 | £12,595,000 | £10,971,000 | -12.9% | |
| Total assets less current liabilities | £16,951,000 | £18,702,000 | £19,188,000 | +2.6% | |
| Net assets | £16,951,000 | £18,681,000 | £19,188,000 | +2.7% | |
| Equity | £16,951,000 | £18,681,000 | £19,188,000 | +2.7% | |
| Average employees | 765 | 701 | 711 | +1.4% | |
| Wages | £30,987,000 | £29,237,000 | £31,657,000 | +8.3% | |
| Directors' remuneration | £1,304,000 | £957,000 | £1,270,000 | +32.7% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | 0.5% | 1.7% | 1.5% | |
| Net margin | 0.4% | 1.3% | 1.2% | |
| Return on capital employed | 4.7% | 17.3% | 13.0% | |
| Gearing (liabilities / total assets) | — | 57.6% | 55.9% | |
| Current ratio | 1.59x | 1.70x | 1.76x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 3 times since incorporation
- NOVUS PROPERTY SOLUTIONS LIMITED 2013-04-19 → present
- SEDDON PROPERTY SERVICES LIMITED 2009-09-07 → 2013-04-19
- J & S SEDDON (PAINTING) LIMITED 1989-10-04 → 2009-09-07
- BUFFMILL LIMITED 1989-07-12 → 1989-10-04
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors have reviewed the company's budgets and forecasts for the 12 months from the date of this report, and its liquid resources. These forecasts demonstrate that the company will have sufficient cash resources for a period of at least one year. Thus, the directors have at the time of approving these financial statements, an expect”
Group structure
- NOVUS PROPERTY SOLUTIONS LIMITED · parent
- Dukfent NLR Limited 100%
- SPaint NLR Limited 100%
Significant events
- “There have been no adjusting or non-adjusting post balance sheet events.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 20 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CORNISH, Matt | Secretary | 2024-01-01 | — | — |
| FINN, Andrew Mark | Director | 2024-11-05 | Jun 1967 | British |
| GAYTER, Stephen | Director | 2024-11-05 | Nov 1976 | British |
| HARTLEY, Lee Graham | Director | 2013-01-01 | Mar 1978 | British |
| HILEY, Matthew | Director | 2021-05-20 | Aug 1986 | British |
| LEACH, David | Director | 2022-01-01 | Oct 1975 | British |
| OWEN, Michelle Louise | Director | 2020-07-01 | May 1974 | British |
| SEDDON-HALL, Sophie | Director | 2021-05-20 | Mar 1987 | British |
Show 20 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HANDLEY, David Michael | Secretary | 2005-05-31 | 2005-06-14 |
| MELLOR, Brian James | Secretary | — | 1999-11-15 |
| OLDROYD, Stephen Paul | Secretary | 2021-05-20 | 2023-04-30 |
| PINNINGTON, Ian Harry | Secretary | 1999-11-15 | 2005-05-31 |
| TEAGUE, Alan Richard | Secretary | 2005-06-14 | 2007-12-31 |
| WASHINGTON, Neil David | Secretary | 2008-01-01 | 2019-09-30 |
| BRINDLEY, Mark | Director | 2001-05-21 | 2017-09-28 |
| CARTWRIGHT, Vaughan | Director | 1994-05-04 | 2006-05-04 |
| DAVIES, Stephen John | Director | 2022-01-01 | 2024-01-01 |
| GIBSON, William Archibald | Director | — | 1991-07-08 |
| GOODSTADT, Paul | Director | 2010-04-30 | 2014-05-13 |
| HAND, Neil William | Director | 2003-05-13 | 2018-12-14 |
| MOTTRAM, Peter Michael Harry | Director | — | 1994-11-11 |
| NIXON, Alan John | Director | 2011-03-01 | 2021-06-30 |
| OLDROYD, Stephen Paul | Director | 2021-05-20 | 2023-04-30 |
| PALFREYMAN, John Harold | Director | 2018-01-01 | 2021-06-30 |
| RUSSELL, Clive Lees | Director | — | 2005-12-31 |
| SEDDON, John Stuart | Director | — | 2023-06-29 |
| WALFORD, Christopher | Director | 2011-01-01 | 2018-12-11 |
| WASHINGTON, Neil David | Director | 2013-01-01 | 2019-09-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Jssh Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 156 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-28 | AA | accounts | Accounts with accounts type full | |
| 2025-07-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-30 | AA | accounts | Accounts with accounts type full | |
| 2024-11-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-07 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-20 | AA | accounts | Accounts with accounts type full | |
| 2024-07-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-12 | CH01 | officers | Change person director company with change date | |
| 2024-03-12 | CH01 | officers | Change person director company with change date | |
| 2024-02-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-01-04 | AP03 | officers | Appoint person secretary company with name date | |
| 2024-01-04 | CH01 | officers | Change person director company with change date | |
| 2024-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-22 | AA | accounts | Accounts with accounts type full | |
| 2023-07-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-07-07 | TM01 | officers | Termination director company with name termination date | |
| 2023-06-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2023-06-06 | TM01 | officers | Termination director company with name termination date | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full | |
| 2022-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.