Norse Limited

Norse Limited is a small, active company based in Aberdeen, UK, founded 40 years ago in 1984. With 17 employees and £4,478,073 in assets, it’s a well-established player in its sector. The company, overseen by three directors and one owner, operates from a real address and has a long history of importing machinery and boilers, with 101 months of import activity recorded, and exporting iron or steel products, with a substantial 590 months of export activity.

The company functions as an agent specializing in the sale of particular products and non-specialised wholesale trade. Its website highlights a focus on care services, providing compassionate, high-quality care and support to nearly 1,500 people in residential care homes and housing schemes. Norse Care offers specialist support for people living with dementia and employs over 1,600 people, providing detailed learning and development opportunities. The website also features a news section, showcasing activities and events, and a contact form for inquiries.

Financially, Norse Limited’s recent performance presents a mixed picture. While current assets increased by 15% to £4,500,000, net assets decreased by 3% to £3,700,000. Bank borrowings surged by 68% to £1,200,000, and cash reserves fell 15% to £350,000. Creditors increased significantly by 63% to £1,700,000, suggesting increased reliance on short-term financing. 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 agility, but the rise in creditors warrants attention. The company’s unaudited financial statements, exempt due to its small size, rely on director-reported data. It's clear that Norse Limited is a stable, long-standing business, but its financial health is something to keep an eye on.

Registered in Scotland under the registration number SC088781, with a registered address at AB23 8EE, Aberdeen, Broadfold Road, Bridge Of Don.

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