Novum Structures Uk Limited

Novum Structures Uk Limited, based in Norfolk, UK, is a sizable holding company with an active status, having been incorporated eighteen years ago in March 2007. The company, employing fifty-six individuals, holds assets valued at £16,259,026 and generates an annual revenue of £23,090,096. It operates from a real address at 8 Hopper Way, Diss Business Park, and is overseen by four directors and a single owner. Google users rate it 4.0 based on one review. The company regularly imports and exports iron or steel products, with 86 months of import activity and 72 months of export activity recorded.

The company's website showcases its expertise in modern structural glass and steel engineering, offering solutions for atriums, canopies, facades, and more. It operates as a collaborative partner, assisting architects, contractors, and owners in developing technical solutions while respecting budget constraints. Novum Structures emphasizes its unique Designer Assist process, leveraging in-house fabrication and installation capabilities to reduce risk. The company serves a global market, with offices across North America, Europe, and Asia.

Financially, Novum Structures Uk Limited presents a mixed picture. While turnover remained consistent at £23 million, several key metrics indicate potential challenges. Accrued liabilities decreased significantly by 59%, a positive sign of better financial management. However, depreciation expenses for motor vehicles increased by a substantial 18%, and the company’s investment in plant and machinery saw a dramatic rise of 130%. Bank borrowings increased, and cash reserves fell by 63%, suggesting the company is relying more on external funding. Despite these pressures, the company’s equity increased by 90%, which could be due to retained earnings. The company’s auditors, Haines Watts, have provided an opinion, confirming the financial statements give a true and fair view.

The company’s size, meeting two of three criteria for a large company, suggests it’s navigating a competitive landscape. While the website projects an image of innovation and global reach, the financial data hints at a need for careful resource management and a focus on sustainable growth.

Registered in England/Wales under the registration number 06133379, with a registered address at IP22 4GT, Norfolk, 8 Hopper Way, Diss Business Park, Diss.

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