Norseal Limited

Norseal Ltd from Prudhoe UK: a small, active company founded 23 years ago, employs 26 people, and holds £7,540,841 in assets. It’s a real address, with three directors and two owners, and operates as a family business with an e-commerce site and a stellar 5.0 Google rating based on four reviews. The company regularly imports machinery, boilers, and mechanical appliances—parts for 36 months, with the last import in March 2025—and exports miscellaneous metal items for 66 months, with the last export also in March 2025.

The company’s website highlights its focus on specialist seal solutions, delivering peace of mind through quality sealing. It offers a wide range of products, including intumescent seals, fire and smoke strips, glazing seals, acoustic seals, and fire-stopping services. The site also features a “Norseal Academy” with educational content and a blog showcasing industry news and product updates. A quirky "Meet the Team" section introduces each employee with fun facts and hobbies, adding a personal touch.

Financially, Norseal Ltd’s report reveals some interesting trends. Cash bank on hand has fallen significantly, dropping 59% to £360,000. While current assets have increased by 15% to £7,500,000, trade debtors have jumped by a substantial 27% to £5,600,000—suggesting a potential issue with customer payments. On the positive side, creditors have decreased by 9.4%, indicating better management of short-term debts. The company’s average number of employees has risen 15% to 30, which could be a sign of growth, but it also means increased costs. Bank borrowings have increased by 2,400%, reaching £29,000, which is a significant increase. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in debt raises questions about its long-term financial health. The report is unaudited, as is typical for small companies.

Registered in England/Wales under the registration number 04317595, with a registered address at NE42 6PX, England, Prudhoe, Northumberland, Unit 7 Regents Drive, Low Prudhoe Industrial Estate.

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