NOVAR ED&S LIMITED

HONEYWELL HOUSE, SKIMPED HILL LANE, BRACKNELL, BERKS, RG12 1EB

Company Number: 00189291
Incorporation date: 17-Apr-1923
Status: Active
Entity type: Private Limited Company

SIC codes:
27510 Manufacture of electric domestic appliances
27900 Manufacture of other electrical equipment

SUMMARY

This company is 102 years old and is currently active. It is controlled by Novar Electrical Holdings Limited. The company has positive equity (net assets) of GBP 155.5 million which has increased from GBP 151.1 million in the previous year. The latest reported revenue figure is GBP 108.9 million which is down -10% on the previous year. The company has 2 active officers (directors or partners) who are or were officers of 1 other company. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.

FINANCIALS (BETA)

Next accounts due: 31-Dec-2024
Accounts Filed: FULL (31-Dec-2022)

P&L Financials:

Year end	Currency	Revenue	Operating profit	Interest Received	Interest Paid	Tax	Net Profit GBP
31-Dec-2019	GBP	108,924,000	6,701,000	5,668,000	3,613,000	1,163,000	7,593,000
31-Dec-2018	GBP	117,287,000	13,940,000	3,957,000	3,175,000	2,612,000	22,104,000
31-Dec-2017	GBP	135,212,000		2,002,000	3,033,000	-3,173,000

Balance Sheet Financials:

Year end	Currency	Cash	Current Assets	Current Liabilities	Debt	Share Capital	Premium Reserve	Retained Earnings	Net Assets
31-Dec-2019	GBP	3,009,000	111,316,000	58,323,000	58,380,000	1,101,000	19,800,000	133,846,000	155,461,000
31-Dec-2018	GBP		113,824,000	68,181,000	40,441,000	1,101,000	19,800,000	129,524,000	151,139,000
31-Dec-2017	GBP	39,579,000	103,619,000	73,271,000	40,441,000	1,101,000	19,800,000	91,836,000	113,451,000

VALUATION EVENTS (BETA)

Year end	Currency	% Equity	Sum raised	Pre-Money Valuation*	Post-Money Valuation*	Enterprise Value**

Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All apointments (active/resigned)
Resigned	SISEC LIMITED	30 Jun 2008	29 Jan 2016			0 - 1
Resigned	EPS SECRETARIES LIMITED	30 Jun 2005	30 Jun 2008			1 - 930
Resigned	George VAN KULA III	31 Mar 2005	30 Jun 2005	V P	American	0 - 26
Resigned	Karen RICHARDSON	03 Oct 1994	31 Mar 2005		British	0 - 47
Resigned	Anthony GOODFELLOW		03 Oct 1994		British	0 - 9

DIRECTORS

Status	Name	Appointed on	Resigned on	Occupation	Nationality	All appointments (active/resigned)	Dissolved companies (rate)
Active	David MILLERSHIP	24 Mar 2023		Sr Finance Manager	British	1 - 0	0 (0.0%)
Resigned	Nicola DIX	14 May 2020	24 Mar 2023	Ep Cfo	British	0 - 1	0 (0.0%)
Resigned	Ian SNADDEN	01 Nov 2018	15 May 2020	Vice President	British	0 - 1	0 (0.0%)
Active	Madeleine ORBELL-THOMPSON	01 Jun 2017		Chartered Accountant	British	2 - 0	0 (0.0%)
Resigned	Neil Eric GARLAND	01 Jun 2017	15 May 2020	Director	British	0 - 1	0 (0.0%)
Resigned	Mehmet ERKILIC	13 Dec 2016	31 Jan 2018	Director	German	0 - 53	26 (49.1%)
Resigned	Andrea QUANTRILL	27 Jan 2012	31 May 2013	Company Director	British	0 - 1	0 (0.0%)
Resigned	Frank Paul NONNENMANN	10 Nov 2011	31 May 2013	Company Director	German	0 - 1	0 (0.0%)
Resigned	Grant William FRASER	31 Mar 2010	07 Oct 2016	Company Director	British	0 - 83	38 (45.8%)
Resigned	John J TUS	31 Mar 2010	24 Sep 2019	Company Director	American	0 - 43	26 (60.5%)
Resigned	Thomas F LARKINS	31 Mar 2010	16 Nov 2012	Company Director	American	0 - 22	11 (50.0%)
Resigned	Allan RICHARDS	01 Mar 2007	21 Feb 2011	Solicitor	British	1 - 189	106 (55.8%)
Resigned	David Adam COHEN	01 Aug 2005	30 Jan 2009	Trademark Counsel	United States Citizen	0 - 3	0 (0.0%)
Resigned	Sven Eric MOIZAHN	01 Aug 2005	01 Sep 2007	Finance Director	German	0 - 1	0 (0.0%)
Resigned	Ernst Robert MALCHEREK	01 Aug 2005	02 Dec 2014	Company Director	German	0 - 2	0 (0.0%)
Resigned	Christopher John WHITE	01 Nov 2004	27 Jan 2012	Company Director	British	1 - 40	15 (36.6%)
Resigned	Simon Peter BOX	02 Jan 2004	28 Sep 2007	Operations Director	British	0 - 1	0 (0.0%)
Resigned	James Drummond CHORLTON	02 Jan 2004	29 May 2015	Company Director	British	4 - 1	0 (0.0%)
Resigned	Andrew Robert STEARNS	02 Jan 2004	24 May 2007	Global Product Director	British	0 - 2	0 (0.0%)
Resigned	Martin Christopher DELVE	31 Jul 2003	29 Jun 2004	Chartered Accountant	British	0 - 17	11 (64.7%)
Resigned	Nicholas Timon DRAKESMITH	22 Apr 2003	30 Jun 2005	Accountant	British	1 - 85	30 (34.9%)
Resigned	Timothy Charles JONES	22 Feb 2002	31 Jul 2003	Finance Director	British	1 - 27	18 (64.3%)
Resigned	Chandan Kanti BHOWMIK	12 Dec 2001	11 Apr 2003	Chartered Secretary	British	0 - 100	49 (49.0%)
Resigned	Daniel DAYAN	23 Apr 2001	31 Mar 2005	Director	British	0 - 7	5 (71.4%)
Resigned	Timothy Nathan DARKES	01 Aug 2000	01 Dec 2003	Director	British	0 - 4	1 (25.0%)
Resigned	Joseph Ogilvie CLARK	01 Aug 2000	02 Jul 2002	Director	British	5 - 8	1 (7.7%)
Resigned	Michael Andrew HILL	01 Aug 2000	26 Oct 2018	Company Director	British	0 - 1	0 (0.0%)
Resigned	Christopher John WHITE	01 Jul 2000	01 Dec 2003	Director	British	1 - 40	15 (36.6%)
Resigned	Neil Edward SIFORD	25 Jun 1999	22 Feb 2002	Director	British	0 - 19	8 (42.1%)
Resigned	Graham Peter FOSTER	02 Nov 1998	01 Jul 2000	Finance Director	British	0 - 4	2 (50.0%)
Resigned	Ian Murray BARNES	01 Oct 1998	30 Apr 2001	Director	British	0 - 20	9 (45.0%)
Resigned	Andrew David SEDDON	03 Aug 1998	25 Jun 1999	Company Director	British	2 - 31	14 (42.4%)
Resigned	Philip Andrew DENNIS	01 Mar 1998	02 Nov 1998	Director	British	0 - 35	9 (25.7%)
Resigned	Andrew John MOSS	01 Oct 1997	11 Sep 1998	Chartered Accountant	British	0 - 16	6 (37.5%)
Resigned	Robert James WINSTONE	06 Jan 1997	01 Oct 1998	Director	British	0 - 8	3 (37.5%)
Resigned	Christopher Reynard Edward KITCHING	03 May 1996	31 Oct 1999	Company Director	British	0 - 3	1 (33.3%)
Resigned	Michael John DAVISON	26 Jan 1996	01 Oct 1998	Director	British	0 - 7	2 (28.6%)
Resigned	Michael Alan SOUTHGATE	01 Jan 1996	10 Nov 2011	Director	British	0 - 12	5 (41.7%)
Resigned	Trefor Wilmot LLEWELLYN	19 Sep 1995	01 Oct 1997	Chartered Accountant	British	1 - 30	13 (41.9%)
Resigned	Paul Richard MAINWARING	08 Mar 1995	31 Jan 1998	Company Director	British	5 - 124	66 (51.2%)
Resigned	David Ward TILMAN	29 Dec 1994	22 Dec 1995	Company Director	British	1 - 64	18 (27.7%)
Resigned	Daniel Charles COHEN	06 Jan 1994	27 Nov 1995	Company Director	British	0 - 26	14 (53.8%)
Resigned	Michael John DOWSETT	27 Apr 1993	01 Jan 1994	Director	British	0 - 20	11 (55.0%)
Resigned	Edward John Buchanan KEITH	01 Apr 1993	31 Aug 1998	Director	British	0 - 1	0 (0.0%)
Resigned	Paul Andrew BANCROFT	01 Apr 1993	23 Dec 1993	Chartered Accountant	British	2 - 15	9 (52.9%)
Resigned	John William RAY		01 Apr 1993	Director	British	0 - 22	11 (50.0%)
Resigned	Eric RACE		01 Apr 1993	Chartered Accountant	British	0 - 24	14 (58.3%)
Resigned	Peter Philip WOODS		30 Jun 2001	Director	British	0 - 1	0 (0.0%)
Resigned	Graham Robert CARR		31 Mar 1998	Director	British	0 - 7	3 (42.9%)
Resigned	Stephen Leslie AMPHLETT		12 Jun 1999	Director	British	0 - 1	0 (0.0%)
Resigned	Walter Aubrey FUTCHER		01 Mar 2000	Director	British	0 - 3	2 (66.7%)
Resigned	Brian Rowland EDWARDS		30 Dec 1999	Director	British	0 - 4	1 (25.0%)
Resigned	Michael John DOWSETT		01 Jan 1994	Director	British	0 - 20	11 (55.0%)
Resigned	Michael John DAVISON		01 Oct 1998	Director	British	0 - 7	2 (28.6%)
Resigned	Nigel Alan COUTER		31 Jan 1997	Director	British	0 - 4	1 (25.0%)
Resigned	Anthony GOODFELLOW		30 Sep 1997	Director	British	0 - 9	7 (77.8%)

Number of active directors: 2
Average tenure of active directors: 4.9 years
Average tenure of resigned directors: 3.0 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name	David MILLERSHIP	Madeleine ORBELL-THOMPSON
NOVAR ED&S LIMITED (00189291) - Active	✔	✔
TREND CONTROL SYSTEMS LIMITED (01664519) - Active		✔

SHAREHOLDERS (BETA)

Shareholder name	Share class	Shares at confirmation date
Shareholder name	Share class	2016-06-17	2015-06-17	2014-06-17	2013-06-17	2012-06-17
NOVAR LIMITED	CUMULATIVE REDEEMABLE PREFERENCE	40,440,536 97.4%	40,440,536 97.4%	40,440,536 97.4%	40,440,536 97.4%	40,440,536 97.4%
NOVAR ELECTRICAL HOLDINGS LIMITED	ORDINARY	1,100,605 2.65%	1,100,605 2.65%	1,100,605 2.65%	1,100,604 2.65%	1,100,604 2.65%
NOVAR NOMINEES LIMITED [IN LIQUIDATION]	ORDINARY	0 0%	0 0%	0 0%	1 0.000%	0 0%
NOVAR NOMINEES LIMITED	ORDINARY	0 0%	0 0%	0 0%	0 0%	1 0.000%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES

- - >75%:Honeywell International Inc. (2061772 - Delaware, Usa) active
    >75%:Honeywell Group Holding Uk (03893519 - United Kingdom) active
    >75%:Honeywell Group Ltd (03408580 - United Kingdom) active
    >75%:Garrett Thermal Systems Uk Limited (03327983 - United Kingdom) active
    >75%:Honeywell Group Holding Uk Ii (03896222 - United Kingdom) active
    >75%:Honeywell Acquisitions Limited (05319521 - United Kingdom) active
    >75%:Novar Limited (02262172 - United Kingdom) active
  >75%:Novar Holdings Limited (01891545 - United Kingdom) active
>75%:Novar Electrical Holdings Limited (00866782 - United Kingdom) active

Controlling entities above

NOVAR ED&S LIMITED

Controlled companies below

>75%:ACKERMANN LIMITED (01415298 - UK) ceased
- >75%:EX-OR HOLDINGS LIMITED (04025097 - UK) active
  - >75%:EX-OR LIMITED (01780639 - UK) active
  - >75%:INLINE ELECTRONICS LIMITED (03191666 - UK) active
- >75%:NOVAR BUILDING PRODUCTS LIMITED (00835918 - UK) active
  - >75%:NOVAR (TWYFORDS) LIMITED (00048110 - UK) ceased
- >75%:NOVAR PROJECTS LIMITED (00814030 - UK) active

LATE PAYMENTS REPORT

Start date	End date	Average days to pay	% invoices paid over 60 days	% invoices not paid within agreed terms	Gov.uk report
2019-01-01	2019-06-30	104	91%	10%	21302

COURT CASES

No Court Cases found

PATENTS

No Patents found

COMPETITORS

(Based on Sic code: 27510 Manufacture of electric domestic appliances)

Company	Registered Address	Company Number	YE Date	Revenue GBP	Net Profit GBP	Other SIC codes
DYSON TECHNOLOGY LIMITED	TETBURY HILL, MALMESBURY, WILTSHIRE, SN16 0RP	01959090	2017-12-31	3,132,300,000	450,300,000	72190-Other research and experimental development on natural sciences and engineering
WHIRLPOOL UK APPLIANCES LIMITED	MORLEY WAY, PETERBOROUGH, PE2 9JB	00106725	2017-12-31	626,875,000	-1,858,000
DYSON LIMITED	TETBURY HILL, MALMESBURY, WILTSHIRE, SN16 0RP	02627406	2017-12-31	374,000,000	175,100,000
KENWOOD LIMITED	1 KENWOOD BUSINESS PARK, NEW, LANE, HAVANT, HAMPSHIRE, PO9 2NH	00872044	2017-12-31	328,858,000	28,484,000
ELECTROLUX PLC	ELECTROLUX, ADDINGTON WAY, LUTON, BEDFORDSHIRE, LU4 9QQ	02331516	2017-12-31	317,283,000	5,147,000
MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD.	MITSUBISHI ELECTRIC AIR CONDITIONING, NETTLEHILL ROAD, HOUSTOUN INDUSTRIAL ESTATE, LIVINGSTON, EH54 5EQ	SC191805	2018-03-31	194,185,000	13,488,000	28250-Manufacture of non-domestic cooling and ventilation equipment
NUMATIC INTERNATIONAL LIMITED	KNOLL HOUSE, KNOLL ROAD, CAMBERLEY, SURREY, GU15 3SY	00773331	2017-12-31	149,261,000	8,449,000
MAX APPLIANCES LIMITED	KINGFISHER HOUSE UNIT 16, WHEEL PARK, WESTFIELD, SUSSEX, UNITED KINGDOM, TN35 4SE	03432279	2018-09-30	371,329	0
KRUSHR LIMITED	4 CHURCH LANE, STAMFORD, ENGLAND, PE9 2JU	05920288	2017-12-31	211,417	0
SIGMA H TRONICS LTD	9 CHAWORTH ROAD, OTTERSHAW, CHERTSEY, SURREY, KT16 0PE	07141351	2018-03-31	66,600	0
ELECTROCOOK LIMITED	THE GREY HOUSE, THE GREY HOUSE, NETHY BRIDGE, INVERNESS-SHIRE, PH25 3EB	SC515171	2019-03-31	0	0
DYSON JAMES GROUP LIMITED	TETBURY HILL, MALMESBURY, WILTSHIRE, SN16 0RP	07086916	0000-00-00	0	0	70100-Activities of head offices
DYSON JAMES LIMITED	TETBURY HILL, MALMESBURY, WILTSHIRE, SN16 0RP	03772814	0000-00-00	0	0	27900-Manufacture of other electrical equipment 72190-Other research and experimental development on natural sciences and engineering

LIQUIDATION RISK (BETA)

This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:

Basis	Liquidation within 3 months	Liquidation within 6 months	Liquidation within 12 months	Prediction confidence
NOVAR ED&S LIMITED	0.7%	3.6%	7.1%	Medium
Other companies Active in the same sector	Too few competitors


Age	0.6%	1.7%	2.7%	Medium
Company Type	0.7%	3.7%	7.4%	Medium
Accounts category	0.7%	2.2%	3.8%	Medium
Accounting Month	0.6%	2.4%	5.5%	Medium
Sic code count	0.8%	3.8%	7.5%	Medium