Novus Property Solutions
Novus Property Solutions is a UK maintenance, refurbishment, and fit-out contractor serving housing associations and local councils across England via multi-year framework agreements and direct contracts.
- Company typePrivate
- Founded1897
- HeadquartersStoke-on-trent, United Kingdom
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
Novus Property Solutions firmographics
Firmographics- Name
- Novus Property Solutions
- Legal name
- Novus Property Solutions
- Website
- https://novussolutions.co.uk
- Company type
- Private
- Founded year
- 1897
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Novus Property Solutions is a UK maintenance, refurbishment, and fit-out contractor serving housing associations and local councils across England via multi-year framework agreements and direct contracts.
- Ownership category
- akta.pro rank
Novus Property Solutions industry classification
Industry- Product category
- Social Housing Property Maintenance and Refurbishment Services
- NAICS
- Services to Buildings and Dwellings (5617)
- SIC
- General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Post-Disaster Whole-Home Rebuild (Fire/Water/Storm) (HSAPAEAH)
Keywords
Where Novus Property Solutions is headquartered
LocationHeadquarters
- HQ city
- Stoke-on-trent
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Novus Property Solutions business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Marketing or Sales
Revenue model
- Maintenance and Refurbishment Services: Novus Property Solutions generates revenue through one-time project-based contracts for maintenance, refurbishment, and fit-out services to housing agencies and councils. Revenue is derived from service contracts including roofing refurbishments, communal area upgrades, external decorations, and repairs over fixed contract terms typically spanning five years.
Go-to-market motion1 record
Distribution channels1 record
Novus Property Solutions product offering
Product offeringCore offering
Novus Property Solutions is a maintenance, refurbishment, and fit-out contractor serving housing agencies and councils across England. The company delivers an integrated suite of property services including general maintenance, roofing refurbishments, communal area upgrades, external decorations, and fit-out projects under multi-year framework and direct contracts, typically spanning five-year terms.
Product overview
Novus Property Solutions is a maintenance, refurbishment, and fit-out contractor operating in the social housing sector. The company offers an integrated suite of property services including general maintenance, roofing refurbishments, communal area upgrades, and external decorations. As one of five contractors on The Guinness Partnership's £1bn maintenance framework, the company provides services to housing agencies and councils across multiple regional providers over multi-year contract terms.
Differentiator
Problem solved
Functional benefit
Products and services
- Maintenance Services General maintenance services for housing agencies and councils, including repairs and ongoing property upkeep for social housing stock under multi-year contracts.
- Roofing Refurbishments Roofing refurbishment services delivered as part of housing maintenance contracts for social housing providers across England.
- Communal Area Upgrades Upgrades to communal areas in residential properties for housing associations and councils.
- External Decorations External decoration services for residential and commercial properties, delivered under housing maintenance contracts.
- Fit-Out Services Fit-out contractor services for residential and commercial properties, including work delivered under The Guinness Partnership £1bn maintenance framework across England.
Companies that use Novus Property Solutions
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Novus Property Solutions technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Novus Property Solutions partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- The Guinness PartnershipcoreNovus Property Solutions was selected as one of five firms on the Guinness Partnership's £1bn maintenance framework across England. This framework agreement enables Novus to provide maintenance, refurbishment, and fit-out services to the Guinness Partnership's housing stock. Selection to this prestigious framework demonstrates the company's capabilities in the social housing maintenance sector.
- Housing Agencies and CouncilscoreNovus Property Solutions has renewed and expanded partnerships with multiple housing agencies and councils, securing a £48 million contract boost. These partnerships involve providing roofing refurbishments, communal area upgrades, external decorations, and general property repairs over five-year terms. The renewed partnerships indicate ongoing relationship strength and satisfactory service delivery.
Scale indicators2 records
Recent moves3 records
Expansion highlights4 records
Novus Property Solutions competitors and assessment
Company assessmentDirect peers
- Mears Group: Mears Group is a UK-listed social housing maintenance, repairs, and regeneration contractor serving housing associations and local authorities. It is the closest publicly comparable peer given its near-identical focus on UK housing association maintenance contracts.
- Morgan Sindall Property Services: Morgan Sindall Property Services is the dedicated property maintenance and refurbishment arm of Morgan Sindall Group, delivering responsive repairs, planned maintenance, and refurbishment to UK social housing landlords. Directly competes with Novus for housing association framework contracts.
- Keepmoat Homes: Keepmoat is a UK home builder and regeneration specialist that delivers refurbishment, planned maintenance, and new-build housing in partnership with housing associations and councils. Directly comparable to Novus in social housing refurbishment work.
- Seddon Group: Seddon is a UK-based construction and property maintenance contractor with a substantial social housing maintenance and refurbishment business serving housing associations. Similar size and customer profile to Novus.
- Bell Group: Bell Group is a UK property services contractor specialising in planned maintenance, refurbishment, and external decorations for social housing clients. Direct overlap with Novus on decoration and refurbishment framework contracts.
Broad incumbents
- Kier Group: Kier Group is a major UK construction and infrastructure group with a substantial property maintenance and housing division. It overlaps with Novus on social housing frameworks but operates across a much broader infrastructure and construction portfolio.
- Wates Group: Wates Group is one of the UK's largest privately held construction and property services groups, with significant maintenance and refurbishment work for social housing clients. It competes with Novus on frameworks while serving a much wider customer base.
- Equans UK: Equans (formerly Engie Services) is a large UK facilities services and energy regeneration contractor with significant social housing and retrofit work. Overlaps with Novus on housing maintenance while operating a much broader facilities services portfolio.
Regional players
- Claremont Property Services: Claremont is a UK-wide property maintenance and refurbishment contractor serving housing providers. Comparable in scope of services to Novus but with a more regionally concentrated operating footprint, positioning it as a smaller-scale regional peer.
Emerging players
- Gilbert-Ash: Gilbert-Ash is a UK construction and fit-out contractor with a growing maintenance and refurbishment presence in the social housing and public sector segments. Smaller than Novus but increasingly active in the same competitive procurement channels.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Novus Property Solutions social profiles
Digital presenceNovus Property Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Novus Property Solutions leadership team
Management profileNumber of profiles
Profiles5 records
Novus Property Solutions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Novus Property Solutions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Novus Property Solutions
What does Novus Property Solutions do?
Novus Property Solutions is a maintenance, refurbishment, and fit-out contractor serving housing agencies and councils across England. The company delivers an integrated suite of property services including general maintenance, roofing refurbishments, communal area upgrades, external decorations, and fit-out projects under multi-year framework and direct contracts, typically spanning five-year terms.
Is Novus Property Solutions a public or private company?
Novus Property Solutions is a private company. It is classified as unknown and is currently operating.
When was Novus Property Solutions founded?
Novus Property Solutions was founded in 1897. It employs 501 to 1,000 people.
Where is Novus Property Solutions based?
Novus Property Solutions is headquartered in Stoke-on-trent, United Kingdom, in the Europe region.
How does Novus Property Solutions make money?
One revenue line is on record: maintenance and Refurbishment Services.
Who are Novus Property Solutions's main competitors?
Direct peers on record are Mears Group, Morgan Sindall Property Services, Keepmoat Homes, Seddon Group and Bell Group. Broad incumbents are Kier Group, Wates Group and Equans UK. Claremont Property Services is listed as a regional player. Gilbert-Ash is listed as an emerging player.
Does Novus Property Solutions have an API?
No public API is recorded for Novus Property Solutions.
What industry is Novus Property Solutions in?
Novus Property Solutions's product category is Social Housing Property Maintenance and Refurbishment Services. Its primary akta.pro industry code is HSAPAEAH, Post-Disaster Whole-Home Rebuild (Fire/Water/Storm). Its NAICS code is 5617 and its SIC code is 1520.