Norbury New Ltd

Norbury New Ltd is a small, active company based in London, UK, established eight years ago in July 2016. Employing just four people, the company holds £75,413 in assets and operates from a real address at 1499 London Road. With one director and one owner, Manocha Jagdish, at the helm, Norbury New Ltd describes itself as an irregular importer of furniture, lighting, and prefabricated buildings, with recent import activity recorded just one month ago. The company’s activities also include other business support service activities n.e.c.

The company’s website, Norbury Wharf Ltd, reveals a different facet of the business: a traditional boatyard located at Norbury Junction, Staffordshire. This boatyard offers a wide range of services, from passenger trip boat rides and narrow boat hire to boat sales, moorings, and even a tearoom. The site highlights the yard’s heritage, dating back to 2005, and its commitment to providing a “warm and friendly welcome.” The site also mentions a 42-seater passenger trip boat, a fleet of nine hire boats, and a variety of facilities, including a covered heated painting dock and a large dry dock. It even has an Ebay shop for chandlery items.

Financially, Norbury New Ltd shows a mixed picture. Current assets decreased by 10% to £75,000, while net assets increased by 33% to £29,000. Bank borrowings decreased by 43% to £14,000, and cash reserves decreased by 26% to £14,000. Creditors increased by 9.7% to £65,000. 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 it to remain flexible, but the decrease in cash reserves may be a cause for concern. The accounts are unaudited, and no auditor is mentioned, likely due to the company's small size.

Overall, Norbury New Ltd appears to be a small, family-run business with a diverse range of activities, from importing goods to operating a traditional boatyard. While the financials show some fluctuations, the company seems to be holding its own, and its commitment to customer service and traditional values suggests a sustainable business model.

Registered in England/Wales under the registration number 10303974, with a registered address at SW16 4AE, England, London, 1499 London Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.