Norman Motors Limited

Norman Motors Limited is a small, active company based in London, UK, founded 38 years ago in 1986. With £633,666 in assets and a real registered address, it employs four people and is overseen by two directors and one owner. The company operates in the wholesale and retail trade of motor vehicle parts and accessories, with a history of both importing (irregularly, for one month in 2016) and exporting (regularly, for 82 months, with the most recent in February 2025).

The company's website is unavailable, making it difficult to determine the extent of its e-commerce presence. However, the company’s description indicates a focus on supplying motor vehicle parts and accessories, likely targeting businesses rather than direct consumers.

Financially, Norman Motors Limited’s recent performance shows some concerning trends. Current assets have decreased by 7.1% to £630,000, while net assets have fallen by 5.1% to £940,000. Bank borrowings are unchanged, and cash reserves have declined by 4% to £480,000. Trade debtors have plummeted by a significant 92%, suggesting either improved collections or a substantial reduction in sales. Creditors have increased slightly, and other creditors have risen by 22%. 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 flexibility, but the drop in current assets and trade debtors warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

It’s likely the company is facing some challenges in managing its working capital, although the decrease in debtors could also indicate a shift in credit terms. The continued export activity suggests the core business remains viable, but the company should monitor its financial health closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 02021310, with a registered address at NW6 1NF, 100 Mill Lane, London.

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