Noroqest Ltd

Noroqest Ltd from Norwich UK: small company, holding company, active status, founded 5 years ago, 4 employees, £96,957 assets, real address, 2 directors, 1 owner. Irregular importer of plastics and plastic products (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £96,957.

The company operates in the research and experimental development on biotechnology industries. Officially, it has one owner or PSCs, two directors, and four employees. Noroqest is a irregular importer, with its top import category being Plastics and plastic products, totaling 1 months of imports. The last import operation was conducted on May 1, 2023.

Rosiro Group BV, a Netherlands-based entity, owns Noroqest Ltd. The company’s website details a broader ecosystem of businesses focused on sustainable biomaterials, particularly Solinatra—a plant-based plastic alternative. Noroqest itself plays a role in commercializing home compostable materials for thermally molded products, targeting single-use packaging. It prioritizes sustainable bioplastics and locally sourced plant waste, aiming to minimize competition with food supplies. Another division, Rosiro Intellectual Property BV, licenses its own home compostable materials and even has a coffee capsule product. The website also mentions a dedicated research and development centre in Norfolk.

Financially, Noroqest Ltd’s numbers paint a mixed picture. While cash reserves declined by 46% to £2,300, current assets saw a substantial 250% increase to £97,000. However, creditors rose by 32%, reaching £390,000, and net assets decreased to -£53,000. Bank borrowings also increased, and the company’s small size (meeting two of three criteria for a small company) keeps it agile. With no auditor mentioned, the figures rely on unaudited statements. The increase in debtors by 310% suggests potential issues with customer payments, or perhaps an expansion of credit terms. It’s unclear if the company is burning through money or simply reinvesting for future growth, but the fluctuating numbers warrant close observation.

Registered in England/Wales under the registration number 12206242, with a registered address at NR10 3JU, England, Norwich, Norfolk, Solinatra Building Block K, Southwell Road, Horsham St. Faith.

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