norris brothers limited

Live MatureMicroHigh

norris brothers limited Company Information

Share NORRIS BROTHERS LIMITED

Company Number

00535735

Shareholders

commercial freeholds & investments ltd

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 +1

Registered Address

5 elstree gate elstree way, borehamwood, hertfordshire, WD6 1JD

norris brothers limited Estimated Valuation

£956.3k

Pomanda estimates the enterprise value of NORRIS BROTHERS LIMITED at £956.3k based on a Turnover of £487.6k and 1.96x industry multiple (adjusted for size and gross margin).

norris brothers limited Estimated Valuation

£820.5k

Pomanda estimates the enterprise value of NORRIS BROTHERS LIMITED at £820.5k based on an EBITDA of £155.2k and a 5.29x industry multiple (adjusted for size and gross margin).

norris brothers limited Estimated Valuation

£4.8m

Pomanda estimates the enterprise value of NORRIS BROTHERS LIMITED at £4.8m based on Net Assets of £2.5m and 1.93x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Norris Brothers Limited Overview

Norris Brothers Limited is a live company located in hertfordshire, WD6 1JD with a Companies House number of 00535735. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in July 1954, it's largest shareholder is commercial freeholds & investments ltd with a 100% stake. Norris Brothers Limited is a mature, micro sized company, Pomanda has estimated its turnover at £487.6k with high growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Norris Brothers Limited Health Check

Pomanda's financial health check has awarded Norris Brothers Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £487.6k, make it smaller than the average company (£10.6m)

£487.6k - Norris Brothers Limited

£10.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.9%)

19% - Norris Brothers Limited

6.9% - Industry AVG

production

Production

with a gross margin of 54.2%, this company has a comparable cost of product (54.2%)

54.2% - Norris Brothers Limited

54.2% - Industry AVG

profitability

Profitability

an operating margin of 31.8% make it more profitable than the average company (17.5%)

31.8% - Norris Brothers Limited

17.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (59)

2 - Norris Brothers Limited

59 - Industry AVG

paystructure

Pay Structure

on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)

£40.6k - Norris Brothers Limited

£40.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £243.8k, this is more efficient (£187k)

£243.8k - Norris Brothers Limited

£187k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is later than average (37 days)

57 days - Norris Brothers Limited

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 14 days, this is quicker than average (40 days)

14 days - Norris Brothers Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Norris Brothers Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 116 weeks, this is more cash available to meet short term requirements (14 weeks)

116 weeks - Norris Brothers Limited

14 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11%, this is a lower level of debt than the average (59.5%)

11% - Norris Brothers Limited

59.5% - Industry AVG

NORRIS BROTHERS LIMITED financials

EXPORTms excel logo

Norris Brothers Limited's latest turnover from March 2024 is estimated at £487.6 thousand and the company has net assets of £2.5 million. According to their latest financial statements, Norris Brothers Limited has 2 employees and maintains cash reserves of £367.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover487,585228,964409,876288,763452,675372,380262,474260,030254,999382,3813,850,4884,002,9002,902,2172,908,9365,163,693
Other Income Or Grants
Cost Of Sales223,102105,427189,984134,842211,550176,027122,267121,873120,721195,2122,041,5432,084,2471,496,1721,498,6272,619,366
Gross Profit264,483123,536219,892153,921241,126196,353140,207138,157134,277187,1701,808,9461,918,6531,406,0451,410,3092,544,327
Admin Expenses109,61324,29285,57632,242207,64834,209711,061231,3071,713,288-1,638,3911,878,4721,071,9101,200,2861,244,8792,412,876522,476
Operating Profit154,87099,244134,316121,67933,478162,144-570,854-93,150-1,579,0111,825,561-69,526846,743205,759165,430131,451-522,476
Interest Payable3,5624,2713,2631,525
Interest Receivable16,1527,79383783421549079629651,7102,0301,30418666
Pre-Tax Profit167,460102,767131,890120,23733,520162,299-569,947-92,188-1,578,0461,827,271-67,496848,047205,945165,496131,451-522,476
Tax-41,865-19,526-25,059-22,845-6,369-30,837-365,454-195,051-49,427-43,029-36,806
Profit After Tax125,59583,241106,83197,39227,151131,462-569,947-92,188-1,578,0461,461,817-67,496652,996156,518122,46794,645-522,476
Dividends Paid
Retained Profit125,59583,241106,83197,39227,151131,462-569,947-92,188-1,578,0461,461,817-67,496652,996156,518122,46794,645-522,476
Employee Costs81,12076,99072,94467,92069,00567,84565,87964,11393,23792,291744,421757,430582,136570,7631,087,425
Number Of Employees22222222332526202038
EBITDA*155,22999,244134,813122,26433,996162,667-569,273-90,017-1,574,5151,831,211-64,390851,836220,837181,369147,799-505,154

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets152,033152,392152,814153,311153,896152,963153,486157,605160,564165,0991,115,1191,122,3601,114,4271,045,080793,7081,017,302
Intangible Assets
Investments & Other2,168,5482,166,7582,166,1972,144,4192,124,1062,035,6861,850,0001,850,000949,3972,190,5761,200,000635,0221,135,0221,320,0221,353,5391,150,022
Debtors (Due After 1 year)
Total Fixed Assets2,320,5812,319,1502,319,0112,297,7302,278,0022,188,6492,003,4862,007,6051,109,9612,355,6752,315,1191,757,3822,249,4492,365,1022,147,2472,167,324
Stock & work in progress
Trade Debtors76,85925,39769,16043,87571,97151,05838,37832,56522,45736,120537,547548,224375,000372,720687,981674,824
Group Debtors12,6101,9501,950273,634275,068325,712
Misc Debtors15,13330,00797824,51550,69438,61162,67262,820105,582
Cash367,185248,143118,600104,58661,24421,92119,222343,510426,219345,911338,233473,92147,77326,4926
misc current assets
total current assets471,787305,497190,688172,976133,215123,67396,211712,381786,564813,325875,7801,022,145422,773399,212687,981674,830
total assets2,792,3682,624,6472,509,6992,470,7062,411,2172,312,3222,099,6972,719,9861,896,5253,169,0003,190,8992,779,5272,672,2222,764,3142,835,2282,842,154
Bank overdraft
Bank loan10,00010,00410,0004,167
Trade Creditors 8,62212,10714,02512,41430,13461,9131,03738,18733,34889,297254,295333,790388,047426,245511,049443,113
Group/Directors Accounts90,585140,58590,585
other short term finances
hp & lease commitments
other current liabilities145,55689,94375,12950,66070,84326,37499,113108,882173,490181,232
total current liabilities164,178112,05499,154157,826241,562178,872100,150147,069206,838270,529254,295333,790388,047426,245511,049443,113
loans16,66426,66236,66745,833
hp & lease commitments
Accruals and Deferred Income
other liabilities11,62511,62511,62511,62511,62511,62540,50040,50040,500139,932469,200628,798
provisions114,824114,82486,01286,01286,01276,95886,14289,565
total long term liabilities143,113153,111134,304143,47097,63788,58386,14289,56540,50040,50040,500139,932469,200628,798
total liabilities307,291265,165233,458301,296339,199267,455186,292236,634206,838270,529294,795374,290428,547566,177980,2491,071,911
net assets2,485,0772,359,4822,276,2412,169,4102,072,0182,044,8671,913,4052,483,3521,689,6872,898,4712,896,1042,405,2372,243,6752,198,1371,854,9791,770,243
total shareholders funds2,485,0772,359,4822,276,2412,169,4102,072,0182,044,8671,913,4052,483,3521,689,6872,898,4712,896,1042,405,2372,243,6752,198,1371,854,9791,770,243
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit154,87099,244134,316121,67933,478162,144-570,854-93,150-1,579,0111,825,561-69,526846,743205,759165,430131,451-522,476
Depreciation3594975855185231,5813,1334,4965,6505,1365,09315,07815,93916,34817,322
Amortisation
Tax-41,865-19,526-25,059-22,845-6,369-30,837-365,454-195,051-49,427-43,029-36,806
Stock
Debtors47,248-14,7343,698-3,581-29,78124,763-291,8828,526-107,069-70,133-10,677173,2242,280-315,26113,157674,824
Creditors-3,485-1,9181,611-17,720-31,77960,876-37,1504,839-55,949-164,998-79,495-54,257-38,198-84,80467,936443,113
Accruals and Deferred Income55,61314,81424,469-20,18344,469-72,739-9,769-64,608-7,742181,232
Deferred Taxes & Provisions28,8129,054-9,184-3,42389,565
Cash flow from operations118,244136,160132,13665,09779,15286,020-327,733-68,747-1,531,1371,552,124-133,208429,304130,932368,797165,772-736,865
Investing Activities
capital expenditure422-1,4512,538-17439944,3702,105-13,026-84,425-267,311207,246-1,034,624
Change in Investments1,79056121,77820,31388,420185,686900,603-1,241,179990,576564,978-500,000-185,000-33,517203,5171,150,022
cash flow from investments-1,790-139-21,778-20,313-89,871-185,6862,538-900,7771,241,218-46,206-562,873486,974100,575-233,7943,729-2,184,646
Financing Activities
Bank loans-445,8334,167
Group/Directors Accounts-90,585-50,00050,00090,585
Other Short Term Loans
Long term loans-9,998-10,005-9,16645,833
Hire Purchase and Lease Commitments
other long term liabilities11,625-40,500-99,432-329,268-159,598628,798
share issue885,853369,262-1,459,450558,363-491,434-110,980220,691-9,9092,292,719
interest12,5903,522-2,426-1,442421549079629651,7102,0301,30418666
cash flow from financing2,588-6,479-96,344-1,44250,042102,364907886,815370,227-1,498,240560,393-490,130-210,226-108,511-169,5072,921,517
cash and cash equivalents
cash119,042129,54314,01443,34239,3232,699-324,288-82,70980,3087,678-135,688426,14821,28126,492-66
overdraft
change in cash119,042129,54314,01443,34239,3232,699-324,288-82,70980,3087,678-135,688426,14821,28126,492-66

norris brothers limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for norris brothers limited. Get real-time insights into norris brothers limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Norris Brothers Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for norris brothers limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.

norris brothers limited Ownership

NORRIS BROTHERS LIMITED group structure

Norris Brothers Limited has no subsidiary companies.

Ultimate parent company

1 parent

NORRIS BROTHERS LIMITED

00535735

NORRIS BROTHERS LIMITED Shareholders

commercial freeholds & investments ltd 100%

norris brothers limited directors

Norris Brothers Limited currently has 3 directors. The longest serving directors include Mr Francis Cradock (Mar 2018) and Mr Christopher Cradock (Mar 2018).

officercountryagestartendrole
Mr Francis CradockEngland62 years Mar 2018- Director
Mr Christopher CradockEngland82 years Mar 2018- Director
Mrs Samantha BoltonEngland53 years Apr 2024- Director

P&L

March 2024

turnover

487.6k

+113%

operating profit

154.9k

0%

gross margin

54.3%

+0.54%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

2.5m

+0.05%

total assets

2.8m

+0.06%

cash

367.2k

+0.48%

net assets

Total assets minus all liabilities

norris brothers limited company details

company number

00535735

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

70100 - Activities of head offices

incorporation date

July 1954

age

71

incorporated

UK

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

5 elstree gate elstree way, borehamwood, hertfordshire, WD6 1JD

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

norris brothers limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 17 charges/mortgages relating to norris brothers limited. Currently there are 2 open charges and 15 have been satisfied in the past.

norris brothers limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for NORRIS BROTHERS LIMITED. This can take several minutes, an email will notify you when this has completed.

norris brothers limited Companies House Filings - See Documents

datedescriptionview/download