Norvite Animal Nutrition Company Limited

Norvite Animal Nutrition Company Ltd, based in Insch, UK, is a holding company with an active status, celebrating 20 years since its establishment in 2005. Employing 73 people, the company boasts assets totaling £5,330,534. With six directors and a single owner, it maintains a real address and enjoys a stellar 5.0 Google rating based on 52 reviews. The company irregularly imports inorganic chemicals (for two months, last in December 2024) and exports tanning and dyeing products (for one month, last in September 2024).

The company’s website highlights Norvite’s position as a leading supplier of supplements and feeds to the Scottish livestock industry. Proud holders of a Royal Warrant, they emphasize quality products and practical, technical support. Their heritage stretches back to 1973, founded by Alistair Pirie, Roy Matheson, and Gilbert Reid, who left Spencers Feeds. The site details infrastructure development alongside business growth, showcasing a commitment to innovation and sustainable solutions for farmers. Recent news includes welcoming a new Ruminant Nutritionist and celebrating a 50-year milestone for a long-standing employee. Three locations are listed: Wardhouse (head office), Oldmeldrum, and Ochiltree, each with contact details.

Financially, Norvite Animal Nutrition Company Ltd presents a mixed picture. While net assets increased by 15% to £2,300,000, bank borrowings decreased by 21% to £690,000. Cash reserves, however, experienced a significant drop of 83%, falling to £68,000. Creditors also decreased by 7.7%, suggesting improved debt management. The company’s turnover, although not explicitly stated, is estimated to be under £10.2 million, meeting the criteria for a medium-sized company. The accounts are unaudited, and the firm’s auditor is MHA. The increase in staff costs by 7.6% to £2,100,000, and the decrease in cash reserves, suggest a period of investment and expansion, though careful monitoring of cash flow will be essential going forward.

Registered in Scotland under the registration number SC281433, with a registered address at AB52 6YD, Scotland, Insch, Aberdeenshire, Norvite Animal Nutrition Company Limited, Wardhouse.

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