Nova Composites Uk Limited

Nova Composites UK Limited, based in Maidstone, UK, is a small, active company established four years ago. With three employees and £30,759 in assets, it’s a solo-founded venture led by a single director and owner. The company has a real registered address and a strong Google rating of 5.0 from three reviews. It operates as an importer, though somewhat irregular, bringing in glass and glassware—the last import was recorded over four years ago.

The company’s website reveals a much larger operation. Nova Composites is a manufacturer and formulator of resins, gel coats, adhesives, and colorants for composite materials. It caters to a wide range of industries, including automotive, marine, construction, and even wind energy, offering products and services from raw materials to custom formulations. The website highlights a global presence with production facilities in France, the UK, Italy, and a commercial office in China, and a network of distributors in over 40 countries. It’s a pretty impressive scale for a company with just three employees.

Financially, Nova Composites UK Limited’s numbers present a mixed picture. Cash reserves have increased by a respectable 68%, reaching £15,000, but current assets have decreased by 17%, sitting at £31,000. Trade debtors have fallen by a significant 45%, to £15,000, which could indicate better collection practices, but net assets have also decreased by 47%, ending at -£8,300. Borrowings have increased slightly, and creditors have fallen by 8.7%. It's a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), which allows for agility, but the decline in equity is a point to watch. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Nova Composites UK Limited seems to be navigating a complex landscape, balancing a global reach with the challenges of a small, privately-owned business.

Registered in England/Wales under the registration number 12708686, with a registered address at ME15 6JD, England, Maidstone, Kent, Trade Fair House 2 West Court,, Enterprise Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.