Noralis Ltd
- Small
- Active
- 13 years
- 16 employees
- £3,837,117 (assets)
- Virtual address
- 2 directors
- 3 owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 5 months ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
Noralis Ltd from Gloucester UK: a small, active company founded thirteen years ago, employs sixteen people, and holds £3,837,117 in assets. It operates from a virtual address, managed by two directors and three owners. The company regularly imports and exports optical and medical tools and devices, with a consistent history of activity spanning 131 months for imports and 130 months for exports.
The company's website highlights its focus on “Refreshing MWD Technology,” specializing in downhole tools and surface systems for the oil and gas industry. It offers a range of products, including the Noralis Directional Module (NDM) and Noralis Pressure Decoder (NPD), alongside software and cloud-based data solutions. The site emphasizes cost savings, compatibility with legacy equipment, and advanced software capabilities, suggesting a focus on innovation and efficiency within a specialized sector. It's clear the company is aiming to disrupt the market with its integrated, solid-state design and focus on simplified surface systems.
Financially, Noralis Ltd demonstrates a mixed picture. While cash reserves grew by 21% to £1.3 million, creditors have significantly increased by 150% to £640,000, which could be a sign of expansion or potentially a cash flow challenge. Trade debtors have also decreased by 7.7% to £1.4 million. Net assets grew slightly to £3.7 million, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The company’s increase in average employees from 16 to 19 is a positive sign, but the deferred tax asset debtors have disappeared completely. With no auditor mentioned, the unaudited figures rely on director-reported data.
Registered in England/Wales under the registration number 07806015, with a registered address at GL1 2EH, United Kingdom, Gloucester, Gloucestershire, 4th Floor Llanthony Warehouse, The Docks.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 1
- psc
-
Resident of United States
-
Individual
- 4 years
- 1
- psc
-
Resident of United States
-
Individual
- 4 years
- 1
- psc
-
Resident of United States
Managers
-
Individual
- 5 months
-
Resident of United States
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
-
Appointment of Mr Nathaniel Charles Anderson as a director on 2025-01-05Download 2 pages pdf report
-
Termination of appointment of David Anthony Close as a director on 2025-01-05Download 1 page pdf report
-
Confirmation statement made on 2024-10-11 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Noralis Ltd
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