Norres Uk Ltd

Norres UK Ltd is a small, active holding company based in Birmingham, UK, founded twelve years ago in December 2012. With five employees and £522,039 in assets, it operates from a virtual address shared by nineteen other companies, a detail that raises some questions. The company is overseen by two directors and one owner, though the owner list may not be exhaustive.

Norres UK Ltd primarily imports plastics and plastic products, with a consistent record of imports spanning eight months, the last being in April 2024. It also engages in irregular exports of plastics and plastic products, with just one month of export activity recorded as far back as March 2021. The company's website, norres.com, reveals a global manufacturer of industrial hose systems, offering a wide range of products and services, including restoration, and even a showroom in Harrods. It’s a B2B operation focused on industrial solutions, not a direct-to-consumer e-commerce site.

Financially, Norres UK Ltd shows some interesting trends. Cash reserves increased by a substantial 50%, reaching £97,000, which is good news. However, net assets declined significantly, dropping by 280% to £61,000. Trade debtors decreased by 26%, and creditors also fell by 45%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in equity is something to keep an eye on. The company’s auditor is Locke Williams Associates LLP. The unaudited figures rely on director-reported data.

Overall, Norres UK Ltd appears to be navigating a period of change, with positive cash flow offset by a decline in equity. The company's focus on industrial hose systems and global reach suggests a solid foundation, but the financial trends warrant careful monitoring.

Registered in England/Wales under the registration number 08328872, with a registered address at B3 1QS, United Kingdom, Birmingham, C/O Holder Blackthorn Llp Studio 2, 50-54 St Pauls Square.

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