Norsk European Wholesale Limited

Norsk European Wholesale Ltd from Slough, UK, is a sizable company with an active status, celebrating 31 years in business. Employing 210 people, the company boasts assets of £6,561,404 and yearly revenue of £37,039,487. It operates from a real address and is led by one director and one owner, holding a respectable Google rating of 4.0 based on 81 reviews. The company regularly imports clothing and accessories made by knitting or crocheting (for 17 months) and exports machinery, boilers, and mechanical appliances; parts (for 86 months).

The company’s website, Norsk Global, positions itself as a one-stop-shop logistics provider, catering to businesses of all sizes and industries. It emphasizes simplifying international shipping, offering a range of services including express shipping, e-commerce solutions, UK delivery, and specialized services like fulfilment, returns management, tech support, and customs clearance. The website’s messaging focuses on ease of use, reliability, and scalability, inviting businesses to tailor solutions to their specific needs.

Financially, Norsk European Wholesale Ltd presents a mixed picture. While turnover increased by 12%, net assets decreased by 13% to £910,000. Bank borrowings decreased by 34%, and cash reserves fell by 74%, dropping to £170,000. Creditors decreased by 22%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and balance sheet total exceeding £18 million. The decrease in cash reserves and the increase in trade debtors, which ballooned by 890%, could indicate a need to manage working capital more effectively. The company’s unaudited financial statements were prepared by MGR MAP Limited.

Despite these challenges, Norsk European Wholesale Ltd's established presence in the logistics sector, coupled with its diverse service offerings, suggests a resilient business model. The company’s focus on providing tailored solutions and its strong Google rating indicate a commitment to customer satisfaction—important factors for sustaining growth in a competitive market.

Registered in England/Wales under the registration number 02847809, with a registered address at SL3 0BS, United Kingdom, Slough, 2 Willow Road.

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