Novatech Measurements Limited in East Sussex, TN38 9NT

Description

Data updated on: 01-11-2023

Novatech Measurements Limited is a Private Limited Company, located in 83 Castleham Road, St Leonards On Sea in East Sussex. The head office's zip code is TN38 9NT. This business has existed fifty two years on the local market. The business Companies House Reg No. is 01056748. This company's Standard Industrial Classification Code is 32990 meaning Other manufacturing n.e.c.. Novatech Measurements Ltd reported its latest accounts for the financial year up to 2022-06-30. The business most recent annual confirmation statement was submitted on 2022-12-31.

This business owes its achievements and permanent progress to exactly three directors, specifically Gemma P., Daniel S. and Ian P., who have been overseeing it since 2017. In order to help the directors in their tasks, the abovementioned business has been utilizing the skills of Gemma P. as a secretary since 2018.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2020-06-30	2021-06-30	2022-06-30	2023-06-30
Currency

Balance Sheet
Cash Bank On Hand	364 317	484 065	248 576	287 124
Current Assets	1 243 577	1 444 793	1 464 686	1 761 429
Debtors	759 181	851 559	1 082 919	1 329 819
Net Assets Liabilities	1 200 755	1 333 177	1 347 775	1 538 787
Other Debtors	23 686	23 191	23 289	55 630
Property Plant Equipment	51 780	53 588	58 045	131 302
Total Inventories	120 079	109 169	133 191	144 486

Other Financial Data
Accumulated Amortisation Impairment Intangible Assets	24 710	24 710	24 710
Accumulated Depreciation Impairment Property Plant Equipment	409 604	419 263	429 660	452 945
Amounts Owed By Group Undertakings	624 550	738 102	985 196	1 179 940
Average Number Employees During Period	20	19	17	17
Bank Borrowings Overdrafts		40 000	31 568	91 039
Creditors	88 454	40 000	31 568	91 039
Fixed Assets	51 780	53 588	58 045	131 302
Increase From Depreciation Charge For Year Property Plant Equipment		9 659	10 397	23 285
Intangible Assets Gross Cost	24 710	24 710	24 710
Net Current Assets Liabilities	1 155 123	1 328 822	1 332 223	1 528 247
Number Shares Issued Fully Paid		15 000	15 000	15 000
Other Creditors	7 717	7 981	9 990	63 202
Other Taxation Social Security Payable	57 213	49 729	64 322	86 313
Par Value Share		1	1	1
Property Plant Equipment Gross Cost	461 384	472 851	487 705	584 247
Provisions For Liabilities Balance Sheet Subtotal	6 148	9 233	10 925	29 723
Total Additions Including From Business Combinations Property Plant Equipment		11 467	14 854	96 542
Total Assets Less Current Liabilities	1 206 903	1 382 410	1 390 268	1 659 549
Trade Creditors Trade Payables	23 524	48 261	48 424	57 027
Trade Debtors Trade Receivables	110 945	90 266	74 434	94 249