Normac Shipping Limited

Normac Shipping Ltd, based in Bootle, UK, is a small, active company established 24 years ago. With ten employees and £2,599,894 in assets, it’s a well-established player despite its size. Five directors and a single owner, Macleod Ian Malcolm, oversee operations from a real address in Liverpool. The company’s core business revolves around sea and coastal freight water transport, with a focus on port agency and chartering services. They also provide forwarding and customs services, partnering with suppliers to offer import and export clearances.

The company’s website highlights its expertise in port agency, offering services from Liverpool and other UK ports. They specialize in bulk cargo movements and offer both short-sea and deep-sea chartering services. A key differentiator is their focus on high-quality customer service, underpinned by a sustainable business model and a network of international partnerships. The website also mentions a separate venture, 1066 Pianos, which is a high-end piano restoration business.

Financially, Normac Shipping Ltd presents a mixed picture. Cash reserves increased by a significant 54%, reaching £1.3 million, which is a positive sign. However, trade debtors saw a substantial decrease of 36%, dropping to £570,000, suggesting potential issues with customer payments. Net assets grew by 7.9% to £1.6 million, but creditors also increased by 12%, reaching £1 million. Despite these fluctuations, the company’s small size—meeting two of three criteria for a small company—allows for agility. No auditor is mentioned, which is common for companies of this size.

The company’s irregular import and export activity, focusing on machinery, boilers, and mechanical appliances, suggests a niche market approach. The increase in other creditors by 160% might indicate expanded credit terms or increased operational expenses. Overall, Normac Shipping Ltd appears to be navigating a dynamic market, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 04078049, with a registered address at L20 8RQ, England, Bootle, Bankfield House, Regent Road, Liverpool, Regent Road.

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