Norty Limited

Norty Limited, based in Carpenders Park, UK, is a large, active company founded 21 years ago. Employing 41 people, it holds £39,500,851 in assets and generates £84,703,254 in yearly revenue. Despite having a virtual address, it maintains a perfect 5.0 Google rating based on two reviews. The company regularly imports and exports clothing and accessories made by knitting or crocheting, with 1745 months of import activity and 90 months of export activity. Jumani Jawad is the sole director.

Norty Limited operates as a wholesale provider of blank garments to the printwear and promotional market. Its website highlights an extensive colour range and suitability for customisation, emphasizing a focus on quality and responsible sourcing. The company prides itself on its "outstanding value" and commitment to compliance, partnering exclusively with WRAP-certified or BSCI member factories. It also champions sustainable practices, worker’s rights, and even pays a real Living Wage to its employees.

Financially, Norty Limited shows some mixed signals. While cash bank on hand increased by a substantial 94% to £12 million, comprehensive income and expenses declined by 35% to £5 million. Administrative expenses remained relatively stable, decreasing only 1.8% to £4.4 million. Creditors decreased significantly by 42% to £6.6 million, suggesting improved debt management. However, finished goods plummeted 67% to £890,000. The company’s large size (meeting two of three criteria for a large company) and its focus on wholesale distribution suggest a robust business model, but the decrease in profits warrants further investigation. The company’s auditor, Primera Accountants Limited, has issued an unqualified opinion, indicating that the financial statements give a true and fair view.

Overall, Norty Limited appears to be a well-established business facing typical challenges associated with growth and market fluctuations. Its commitment to ethical sourcing and worker’s rights, coupled with its strong online presence, positions it well for continued success, although the decrease in profits should be monitored closely.

Registered in England/Wales under the registration number 05074428, with a registered address at WD19 5EF, England, Carpenders Park, Watford, Suite G1 Hartsbourne House, Delta Gain.

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