Novia Limited

Novia Ltd from Rochester UK: small company, holding company, active status, founded 28 years ago, 12 employees, £1,181,228 assets, virtual address, 4 directors, 3 owners. Regular importer of textile padding, felt, and nonwoven fabrics; special yarns; ropes and cables (42 months imported). Regular exporter of aluminum and aluminum products (12 months exported).

Novia Ltd operates as a holding company, a small business with a virtual address, and has been around for nearly three decades. It employs twelve people and holds assets totaling £1.18 million. The company imports textile products and ropes, and exports aluminum goods, with consistent activity over the last few years. It’s a fairly standard setup, with four directors and three owners, though it's worth noting that the owner list isn't exhaustive.

The company's website, Novia Global, reveals a more sophisticated operation. It's an online platform provider for wealth management, catering to internationally mobile clients and trustees. They offer a wide range of services, including investment management, model portfolios, and ESG insight, all powered by cutting-edge technology. It seems Novia Global is focused on efficiency and peace of mind, offering access to over 7,000 funds from leading managers. The platform’s website is well-maintained and includes a news section with articles and webinars on market trends.

Financially, Novia Ltd shows a mixed picture. Current assets increased by 11%, reaching £1.2 million, while net assets rose by 4%, hitting £720,000. Bank borrowings, however, increased significantly by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, which is a positive sign. The company meets the criteria for a small business, with a turnover under £10.2 million and fewer than 50 employees. There’s no auditor mentioned, which is common for small companies.

The rise in bank borrowings and drop in cash reserves suggest the company may be investing in growth or facing temporary cash flow pressures. It's likely that the company is burning through money to grow. The rise in creditors could be a result of increased supplier payments. The company’s virtual address and the lack of a detailed breakdown of its financial structure are worth noting, but overall, Novia Ltd appears to be a stable, albeit growing, business.

Registered in England/Wales under the registration number 03229379, with a registered address at ME1 1UX, Rochester, Kent, Star House, Star Hill.

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