Novum Live Limited

Novum Live Ltd from Woottton Bassett UK: a small, active company founded 19 years ago, employs 12 people, and holds £449,905 in assets. It’s a real address with three directors and two owners, boasting a stellar 5.0 Google rating from 10 reviews. The company regularly imports furniture, lighting, and prefabricated buildings – four months of import activity recorded, the last in October 2023.

The company operates in the professional and technical support industries, and it’s website suggests a multifaceted business. While it offers sales and operations contact details, it also features a finance and admin section with a separate address. The site highlights a focus on industrial estates in Tamworth and Royal Wootton Bassett, and the company’s name appears alongside a logo. The website also lists a few grammar mistakes.

Financially, Novum Live Ltd shows a mixed picture. Cash reserves increased by a substantial 100%, reaching £220,000, which is good. However, net assets only increased by 1.2% to £320,000. Creditors have increased significantly, by 160%, to £220,000, and bank borrowings have decreased by 57%, down to £29,000. The company’s size—meeting two of three criteria for a small company—allows for flexibility. The number of employees has increased by 33%, to 16, which might be a good sign. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

Overall, Novum Live Ltd seems to be navigating a period of change. The increase in cash reserves is encouraging, but the rise in creditors warrants attention. The company’s diverse operations and growing workforce suggest it’s actively pursuing opportunities, but managing its finances will be key to its long-term success.

Registered in England/Wales under the registration number 05631041, with a registered address at SN4 7DB, Woottton Bassett, Wiltshire, 3c Hopewell House Whitehill Ind. Park, Whitehill Lane.

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