Norton Wells Uk Llp

Norton Wells LLP, based in Ascot, UK, is a small, active limited liability partnership established eleven years ago in 2013. With five employees and £771,382 in assets, it operates from a real address at Ascot Business Park. The company has six directors but no reported owners, a somewhat unusual structure. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances, with a long history of activity – 271 months of imports and 681 months of exports recorded.

The company’s website showcases a focus on supplying marine spare parts, particularly mechanical seals and pump components. It represents major manufacturers like John Crane, Eagle Burgmann, and Flexibox, catering to the cruise line, LNG carrier, and tanker sectors. It also has a division focused on piano restoration, a surprising diversification from its core marine parts business. The website highlights a commitment to quality, service, and price, and offers a range of services including mechanical seal identification, pump spare parts sourcing, and even disaster recovery for damaged pianos.

Financially, Norton Wells LLP presents a mixed picture. While current assets have decreased by 12% to £770,000, trade debtors have increased by 16% to £740,000. Cash reserves have fallen significantly, dropping 91% to just £20,000, which is a considerable decline. Bank borrowings have also decreased, suggesting a reduction in debt. Creditors have fallen by 20%, which could indicate improved payment management. The company's small size – meeting two of three criteria for being a small company – allows for flexibility, but the sharp drop in cash reserves is concerning. No auditor is mentioned, likely due to its small size, so the figures are unaudited.

The company’s reliance on imports and exports, coupled with the fluctuating cash position, suggests it’s navigating a competitive market. The diversification into piano restoration adds an interesting layer to its business model, but whether it’s a sustainable venture remains to be seen.

Registered in England/Wales under the registration number OC389189, with a registered address at SL5 9FE, England, Ascot, Berkshire, Unit E4, Ascot Business Park.

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