Nova Innovation Ltd in Edinburgh, EH6 6QH

Description

Data updated on: 01-11-2023

Nova Innovation came into being in 2009 as a company enlisted under no SC358996, located at EH6 6QH Edinburgh at 45 Timber Bush. The firm has been in business for fifteen years and its status at the time is active. This company's Standard Industrial Classification Code is 72190 meaning Other research and experimental development on natural sciences and engineering. 2022/12/31 is the last time when account status updates were filed.

With 9 recruitment announcements since Friday 17th February 2017, the company has been one of the most active ones on the job market. Recently, it was seeking new employees in Edinburgh. They hire candidates on such positions as for example: Finance Manager, Project Manager and Mechanical Engineer.

At the moment, the directors listed by this specific limited company include: Christopher P. assigned to lead the company on 2021/01/01, Brian A. assigned to lead the company in 2021, Michael F. assigned to lead the company on 2021/01/01 and 3 other members of the Management Board who might be found within the Company Staff section of this page. Additionally, the director's tasks are backed by a secretary - David F., who was chosen by this specific limited company in 2009.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-08-31	2020-08-31	2021-08-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	2 070 581	3 009 671	1 590 657	2 906 856
Current Assets	2 565 452	3 532 224	3 968 376	6 414 599
Debtors	494 871	522 553	2 377 719	3 507 743
Net Assets Liabilities	4 421 457	7 911 931	9 252 201	19 324 927
Other Debtors	492 173	521 159	2 333 555	529 051
Property Plant Equipment	1 057 785	693 884	325 959	26 469

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal	3 909 109	3 811 053	3 215 878	68 231
Accumulated Amortisation Impairment Intangible Assets			563 269
Accumulated Depreciation Impairment Property Plant Equipment	858 644	1 240 752	1 618 403	1 939 085
Amounts Owed By Related Parties			1 123 086	2 501 502
Average Number Employees During Period	31	29	30	36
Corporation Tax Recoverable			515 179	376 979
Creditors	1 779 770	1 357 812	935 858	385 431
Fixed Assets	7 867 324	10 299 834	10 979 127	14 784 775
Future Minimum Lease Payments Under Non-cancellable Operating Leases			161 508	111 675
Increase From Depreciation Charge For Year Property Plant Equipment		382 108	377 651	320 682
Intangible Assets	6 809 532	9 604 860	10 652 078	14 756 216
Intangible Assets Gross Cost	6 809 532	9 604 860	10 652 078	15 319 485
Investments Fixed Assets	7	1 090	1 090	2 090
Investments In Group Undertakings Participating Interests			1 090	2 090
Net Current Assets Liabilities	2 243 012	2 780 962	2 424 810	5 155 814
Other Creditors	1 779 770	1 357 812	935 858	385 431
Other Taxation Social Security Payable			34 264	62 028
Percentage Class Share Held In Subsidiary				100
Property Plant Equipment Gross Cost	1 916 429	1 934 636	1 944 362	1 965 554
Provisions For Liabilities Balance Sheet Subtotal			162 000	162 000
Total Additions Including From Business Combinations Property Plant Equipment		18 207	9 726	21 192
Total Assets Less Current Liabilities	10 110 336	13 080 796	13 403 937	19 940 589
Trade Creditors Trade Payables	104 069	250 948	106 998	181 881
Trade Debtors Trade Receivables	2 698	1 394	44 164	100 211
Investments In Group Undertakings	7	1 090	1 090
Total Additions Including From Business Combinations Intangible Assets		2 795 328	1 610 487