Norlo Ltd

Norlo Ltd from Wimborne UK is a small, family-run business with an active status, founded five years ago. Employing just two people, the company holds £15,262 in assets and operates from a virtual address—a detail worth noting, as 288 other companies are also registered there. Two directors and two owners (though the full list may be larger) steer the ship, and the company runs an e-commerce site. It’s an irregular importer of machinery, boilers, and mechanical appliances, with just one month of imports recorded as of February 2022.

The company's website, Norlo Coffee, focuses on selling coffee, particularly a "bold and healthy" variety. It offers a range of blends and accessories, including cup saucers, and ships internationally. The site emphasizes competitive pricing and a wide selection of countries served, from Afghanistan to Yemen. It’s clear they’re targeting a global customer base, and the site’s design is modern and user-friendly.

Financially, Norlo Ltd’s picture is a little mixed. Current assets have decreased by 30%, dropping to £15,000—a significant dip. Bank borrowings have increased by a staggering 2000%, reaching £2,000, and cash reserves have plummeted, though it's hard to say what the real impact is. Creditors have also decreased by 40%, suggesting some improvements in managing debt. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The sharp decline in cash reserves and the increase in borrowings are concerning, but the decrease in creditors suggests some positive steps. It's likely that Norlo Ltd is navigating the challenges of a growing e-commerce business—balancing investment with cash flow management.

Registered in England/Wales under the registration number 12499903, with a registered address at BH21 1JH, England, Wimborne, Dorset, 7 & 8 Church Street.

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