Norton Hydraulics Limited
- Small
- Active
- 58 years
- 19 employees
- £1,898,767 (assets)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Norton Hydraulics Limited, based in Hertford, UK, is a small, family-run business with an active status, celebrating 58 years since its founding in 1967. The company employs 19 people and holds £1,898,767 in assets, operating from a virtual address shared by 37 other companies. Managed by two directors and two owners, Norton Hydraulics is a regular importer of iron or steel products (38 months) and a regular exporter of miscellaneous metal items (35 months).
The company specializes in hose assemblies, fittings, and adaptors, serving a variety of industrial sectors both in the UK and worldwide. Norton Hydraulics operates two manufacturing facilities in St Albans and Braintree, equipped with full pressure testing equipment to international standards. Their expert team provides support to an ever-growing customer base, focusing on high-quality, fully integrated hose units. The company’s website highlights its commitment to quality and customer service, emphasizing its long-standing presence in the hydraulics and pneumatics industry.
Financially, Norton Hydraulics shows a mixed picture. Current assets increased by 17% to £1,900,000, while net assets grew by 19% to £760,000. Bank borrowings decreased by 48%, and cash reserves fell by 25%. Creditors increased by 16%, and trade debtors rose by 41%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increased creditors suggest a need to manage debt carefully. The decrease in bank borrowings is a positive sign, but the drop in cash reserves warrants attention. With no auditor mentioned, the figures rely on unaudited statements.
Overall, Norton Hydraulics appears to be a stable, long-standing business, but it’s important to monitor its cash flow and manage its debt effectively to ensure continued success.
Registered in England/Wales under the registration number 00896889, with a registered address at SG13 7HJ, United Kingdom, Hertford, Hertfordshire, 5 Yeomans Court, Ware Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Palmer Joanna
- 6 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Palmer Neil Andrew
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Palmer Joanna
- 5 years
-
Resident of United Kingdom
-
Individual
- Palmer Neil Andrew
- 11 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twenty four days ago.
Last news
-
Confirmation statement made on 2025-03-07 with no updatesDownload 3 pages pdf report
-
Director's details changed for Mrs Joanna Palmer on 2025-03-13Download 2 pages pdf report
-
Change of details for Mr Neil Andrew Palmer as a person with significant control on 2025-03-13Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Norton Hydraulics Limited
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