Norfolk Marine And General Limited

Norfolk Marine And General Ltd from Lowestoft UK: a small, active company founded eight years ago, employs five people, and holds £310,188 in assets. It’s a family business with three directors and two owners, operating from a real address. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with a brief import history of just one month recorded in 2017.

The company's website highlights its expertise in Survey and Subsea Engineering solutions, catering to the marine industry. Norfolk Marine provides a comprehensive package, from Survey and Inspection to Construction Maintenance, boasting a reputation for innovation and problem-solving. They’re involved in a wide range of projects, including hydroelectric station repairs, scour protection, and cruise liner mooring, and even have a presence in Ireland. The website showcases a series of case studies and news updates, including the purchase and conversion of the WFSV Norfolk Harrier.

Financially, Norfolk Marine’s picture is a bit mixed. Current assets have decreased by 8.5% to £310,000, while net assets have fallen by a more significant 27% to £130,000. Bank borrowings have also seen a decrease, dropping by 2%, while cash reserves have plummeted 73% to £21,000. Creditors have increased by 27%, suggesting a greater reliance on external financing. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Depreciation charges for plant machinery have increased by 53%, which could be due to investments in new equipment. The lack of an auditor mentioned is likely due to the company’s small size and exemption from audit requirements. Overall, Norfolk Marine seems to be navigating some financial headwinds, but its diverse range of services and reputation for excellence could help it weather the storm.

Registered in England/Wales under the registration number 10493584, with a registered address at NR33 0PR, United Kingdom, Lowestoft, Norfolk Marine, Belvedere Road.

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