Novotech Digital Ltd

Novotech Digital Ltd is a small, active company based in London, UK, founded four years ago. It's a solo venture, with one employee and £34,340 in assets, managed by a single director and owner, Gogar Suraj Singh. The company operates from a real address in Hatton Garden and is classified as small, meeting two of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company specializes in the wholesale of electronic and telecommunications equipment and parts, non-specialised wholesale trade, retail sale via mail order houses or via internet, and other retail sale in non-specialised stores. Its website showcases a focus on software development, offering services like product design, mobile and web app development, and enterprise solutions. They also highlight case studies, including SaaS software and visitor management systems, demonstrating their work for various clients. The site emphasizes a passion for transforming ideas into impactful digital products, offering dedicated project management, quality delivery, good communication, and on-time delivery.

Financially, Novotech Digital Ltd presents a mixed picture. While cash bank on hand increased by a healthy 36% to £16,000, creditors surged by 340% to £27,000, and finished goods increased to £19,000. Equity saw a dramatic increase, jumping 2300% to £4,300, and retained earnings accumulated losses also increased. However, net assets liabilities increased to £7,300. Trade debtors also increased significantly. The company’s small size allows for agility, but the large increase in creditors suggests it may be relying on short-term financing. With no auditor mentioned, the figures are unaudited. The company’s growth in equity is encouraging, but the rising debt levels should be monitored closely.

Registered in England/Wales under the registration number 13215071, with a registered address at EC1N 8DX, England, London, Suite 2291 Unit 3a 34-35 Hatton Garden, Holborn.

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