Norpower Ltd.

Norpower Ltd from Muir Of Ord UK is a small holding company with an active status, established 21 years ago. Employing 24 people and holding assets of £6,914,511, the company operates from a real address and is overseen by four directors and one owner. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with recent activity recorded two months ago.

The company’s core business revolves around the construction and refurbishment of overhead power lines, a service delivered throughout the UK. Based in the Scottish Highlands, Norpower Ltd caters to both commercial and industrial clients, offering solutions ranging from temporary mast installations to high-altitude line maintenance. The company’s website highlights its skilled workforce, specialist machinery, and commitment to safety—a crucial element in the power industry. They also have a separate website, Airpro Media, which is a nice touch.

Financially, Norpower Ltd presents a mixed picture. Cash bank on hand increased significantly by 36%, reaching £4.8 million, while current assets also grew by 43% to £6.9 million. However, creditors surged by 320% within one year, reaching £1.5 million, and trade debtors increased by 63% to £2.2 million—suggesting a potential strain on working capital. Equity, however, grew by 15% to £6.7 million. 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 increase in creditors warrants attention. No auditor is mentioned, which is common for small companies.

Overall, Norpower Ltd appears to be a stable, albeit growing, business. The company’s focus on a specialized niche—overhead power line construction—and its commitment to safety position it well for continued success, but the rising debt levels should be monitored closely.

Registered in Scotland under the registration number SC258471, with a registered address at IV6 7UA, Muir Of Ord, Ross Shire, Industrial Estate, Great North Road.

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