The Norvil Motorcycle Co. Ltd.

The Norvil Motorcycle Co Ltd from Burntwood UK: small company, active status, founded 34 years ago, 8 employees, £821,709 assets, real address, 4 directors, 3 owners, family business. Regular importer of machinery, boilers, and mechanical appliances; parts (6 months imported). Regular exporter of vehicles, parts, and accessories (not for trains or trams) (27 months exported). It’s a small, family-run operation with a long history in the motorcycle industry. Founded in 1990, the company employs eight people and holds a substantial £821,709 in assets, indicating a stable base. The business operates from a real address in Staffordshire and is overseen by four directors and three owners, highlighting a close-knit management structure.

The Norvil Motorcycle Co Ltd specializes in supplying spares, accessories, and parts, primarily for Norton motorcycles, both new and vintage. Their website details a focus on Norton spares for pre-1977 Nortons, alongside a commitment to Norton motorbikes and motorcycles. They manufacture and sell Norton spares, offering a secure online ordering system. The company’s website also showcases expertise in areas like engine rebuilds and steering components, and even offers services like isolastic fitting. It’s clear they’re more than just a parts supplier – they’re a specialist resource for Norton enthusiasts.

Financially, the company’s report reveals a mixed picture. While current assets remained steady at £820,000, net assets declined slightly to £650,000. Bank borrowings increased by a significant 200%, reaching £94,000, and cash reserves decreased by 47% to £21,000. Creditors decreased by 19%, which is a positive sign, suggesting better management of short-term debts. The company meets the criteria for a small business, with turnover under £10.2 million and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

Overall, The Norvil Motorcycle Co Ltd appears to be a well-established, family-run business navigating the challenges of a specialized market. While the increase in borrowings is something to watch, the company’s strong asset base and focus on a niche product suggest a resilient operation.

Registered in England/Wales under the registration number 02497939, with a registered address at WS7 1JP, Burntwood, Staffordshire, 96-98 The Corner Garage, Cannock Road Chase Terrace.

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