Norman Records Limited

Norman Records Limited, based in Leeds, UK, is a small, active company founded 16 years ago. Employing ten people, it holds £360,074 in assets and operates a popular e-commerce site with a stellar 5.0 Google rating from 330 reviews. The company is run by two directors and two owners, and has a real registered address.

Norman Records Limited specializes in retail sales via mail order and the internet, offering a wide range of music, film, and gaming merchandise. Its website showcases a curated selection of vinyl records, CDs, Blu-rays, and collector's editions, catering to enthusiasts and casual buyers alike. The company’s online presence is well-maintained, with regular updates and engaging content.

Financially, Norman Records Limited presents a mixed picture. Cash reserves increased by a healthy 41%, reaching £270,000, indicating improved liquidity. Current assets also rose by 25%, hitting £360,000. However, net losses deepened to -£23,000, and trade debtors increased by 5.1%, suggesting potential challenges in collecting payments. Creditors also grew by 6.1%, which could be a result of increased stock purchases. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increased losses are something to keep an eye on. The accounts are unaudited, as is common for small companies.

Overall, Norman Records Limited seems to be navigating a competitive market. The company’s strong online reputation and growing cash reserves are positives, but the increased losses and growing debt suggest it’s facing some financial headwinds.

Registered in England/Wales under the registration number 06789647, with a registered address at LS11 9RT, Leeds, 20 Croydon House, Croydon Street.

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