norris brothers limited Company Information
Company Number
00535735
Next Accounts
Dec 2025
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.
+1Registered Address
5 elstree gate elstree way, borehamwood, hertfordshire, WD6 1JD
Website
www.norrisbrothers.comnorris brothers limited Estimated Valuation
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
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
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).
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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.
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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


5 Strong

2 Regular

4 Weak

Size
annual sales of £487.6k, make it smaller than the average company (£10.6m)
- Norris Brothers Limited
£10.6m - Industry AVG

Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (6.9%)
- Norris Brothers Limited
6.9% - Industry AVG

Production
with a gross margin of 54.2%, this company has a comparable cost of product (54.2%)
- Norris Brothers Limited
54.2% - Industry AVG

Profitability
an operating margin of 31.8% make it more profitable than the average company (17.5%)
- Norris Brothers Limited
17.5% - Industry AVG

Employees
with 2 employees, this is below the industry average (59)
2 - Norris Brothers Limited
59 - Industry AVG

Pay Structure
on an average salary of £40.6k, the company has an equivalent pay structure (£40.6k)
- Norris Brothers Limited
£40.6k - Industry AVG

Efficiency
resulting in sales per employee of £243.8k, this is more efficient (£187k)
- Norris Brothers Limited
£187k - Industry AVG

Debtor Days
it gets paid by customers after 57 days, this is later than average (37 days)
- Norris Brothers Limited
37 days - Industry AVG

Creditor Days
its suppliers are paid after 14 days, this is quicker than average (40 days)
- Norris Brothers Limited
40 days - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- Norris Brothers Limited
- - Industry AVG

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

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

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 House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||||
Other Income Or Grants | ||||||||||||||||
Cost Of Sales | ||||||||||||||||
Gross Profit | ||||||||||||||||
Admin Expenses | ||||||||||||||||
Operating Profit | ||||||||||||||||
Interest Payable | ||||||||||||||||
Interest Receivable | ||||||||||||||||
Pre-Tax Profit | ||||||||||||||||
Tax | ||||||||||||||||
Profit After Tax | ||||||||||||||||
Dividends Paid | ||||||||||||||||
Retained Profit | ||||||||||||||||
Employee Costs | ||||||||||||||||
Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 152,033 | 152,392 | 152,814 | 153,311 | 153,896 | 152,963 | 153,486 | 157,605 | 160,564 | 165,099 | 1,115,119 | 1,122,360 | 1,114,427 | 1,045,080 | 793,708 | 1,017,302 |
Intangible Assets | ||||||||||||||||
Investments & Other | 2,168,548 | 2,166,758 | 2,166,197 | 2,144,419 | 2,124,106 | 2,035,686 | 1,850,000 | 1,850,000 | 949,397 | 2,190,576 | 1,200,000 | 635,022 | 1,135,022 | 1,320,022 | 1,353,539 | 1,150,022 |
Debtors (Due After 1 year) | ||||||||||||||||
Total Fixed Assets | 2,320,581 | 2,319,150 | 2,319,011 | 2,297,730 | 2,278,002 | 2,188,649 | 2,003,486 | 2,007,605 | 1,109,961 | 2,355,675 | 2,315,119 | 1,757,382 | 2,249,449 | 2,365,102 | 2,147,247 | 2,167,324 |
Stock & work in progress | ||||||||||||||||
Trade Debtors | 76,859 | 25,397 | 69,160 | 43,875 | 71,971 | 51,058 | 38,378 | 32,565 | 22,457 | 36,120 | 537,547 | 548,224 | 375,000 | 372,720 | 687,981 | 674,824 |
Group Debtors | 12,610 | 1,950 | 1,950 | 273,634 | 275,068 | 325,712 | ||||||||||
Misc Debtors | 15,133 | 30,007 | 978 | 24,515 | 50,694 | 38,611 | 62,672 | 62,820 | 105,582 | |||||||
Cash | 367,185 | 248,143 | 118,600 | 104,586 | 61,244 | 21,921 | 19,222 | 343,510 | 426,219 | 345,911 | 338,233 | 473,921 | 47,773 | 26,492 | 6 | |
misc current assets | ||||||||||||||||
total current assets | 471,787 | 305,497 | 190,688 | 172,976 | 133,215 | 123,673 | 96,211 | 712,381 | 786,564 | 813,325 | 875,780 | 1,022,145 | 422,773 | 399,212 | 687,981 | 674,830 |
total assets | 2,792,368 | 2,624,647 | 2,509,699 | 2,470,706 | 2,411,217 | 2,312,322 | 2,099,697 | 2,719,986 | 1,896,525 | 3,169,000 | 3,190,899 | 2,779,527 | 2,672,222 | 2,764,314 | 2,835,228 | 2,842,154 |
Bank overdraft | ||||||||||||||||
Bank loan | 10,000 | 10,004 | 10,000 | 4,167 | ||||||||||||
Trade Creditors | 8,622 | 12,107 | 14,025 | 12,414 | 30,134 | 61,913 | 1,037 | 38,187 | 33,348 | 89,297 | 254,295 | 333,790 | 388,047 | 426,245 | 511,049 | 443,113 |
Group/Directors Accounts | 90,585 | 140,585 | 90,585 | |||||||||||||
other short term finances | ||||||||||||||||
hp & lease commitments | ||||||||||||||||
other current liabilities | 145,556 | 89,943 | 75,129 | 50,660 | 70,843 | 26,374 | 99,113 | 108,882 | 173,490 | 181,232 | ||||||
total current liabilities | 164,178 | 112,054 | 99,154 | 157,826 | 241,562 | 178,872 | 100,150 | 147,069 | 206,838 | 270,529 | 254,295 | 333,790 | 388,047 | 426,245 | 511,049 | 443,113 |
loans | 16,664 | 26,662 | 36,667 | 45,833 | ||||||||||||
hp & lease commitments | ||||||||||||||||
Accruals and Deferred Income | ||||||||||||||||
other liabilities | 11,625 | 11,625 | 11,625 | 11,625 | 11,625 | 11,625 | 40,500 | 40,500 | 40,500 | 139,932 | 469,200 | 628,798 | ||||
provisions | 114,824 | 114,824 | 86,012 | 86,012 | 86,012 | 76,958 | 86,142 | 89,565 | ||||||||
total long term liabilities | 143,113 | 153,111 | 134,304 | 143,470 | 97,637 | 88,583 | 86,142 | 89,565 | 40,500 | 40,500 | 40,500 | 139,932 | 469,200 | 628,798 | ||
total liabilities | 307,291 | 265,165 | 233,458 | 301,296 | 339,199 | 267,455 | 186,292 | 236,634 | 206,838 | 270,529 | 294,795 | 374,290 | 428,547 | 566,177 | 980,249 | 1,071,911 |
net assets | 2,485,077 | 2,359,482 | 2,276,241 | 2,169,410 | 2,072,018 | 2,044,867 | 1,913,405 | 2,483,352 | 1,689,687 | 2,898,471 | 2,896,104 | 2,405,237 | 2,243,675 | 2,198,137 | 1,854,979 | 1,770,243 |
total shareholders funds | 2,485,077 | 2,359,482 | 2,276,241 | 2,169,410 | 2,072,018 | 2,044,867 | 1,913,405 | 2,483,352 | 1,689,687 | 2,898,471 | 2,896,104 | 2,405,237 | 2,243,675 | 2,198,137 | 1,854,979 | 1,770,243 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | Aug 2010 | Aug 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||
Operating Profit | ||||||||||||||||
Depreciation | 359 | 497 | 585 | 518 | 523 | 1,581 | 3,133 | 4,496 | 5,650 | 5,136 | 5,093 | 15,078 | 15,939 | 16,348 | 17,322 | |
Amortisation | ||||||||||||||||
Tax | ||||||||||||||||
Stock | ||||||||||||||||
Debtors | 47,248 | -14,734 | 3,698 | -3,581 | -29,781 | 24,763 | -291,882 | 8,526 | -107,069 | -70,133 | -10,677 | 173,224 | 2,280 | -315,261 | 13,157 | 674,824 |
Creditors | -3,485 | -1,918 | 1,611 | -17,720 | -31,779 | 60,876 | -37,150 | 4,839 | -55,949 | -164,998 | -79,495 | -54,257 | -38,198 | -84,804 | 67,936 | 443,113 |
Accruals and Deferred Income | 55,613 | 14,814 | 24,469 | -20,183 | 44,469 | -72,739 | -9,769 | -64,608 | -7,742 | 181,232 | ||||||
Deferred Taxes & Provisions | 28,812 | 9,054 | -9,184 | -3,423 | 89,565 | |||||||||||
Cash flow from operations | ||||||||||||||||
Investing Activities | ||||||||||||||||
capital expenditure | ||||||||||||||||
Change in Investments | 1,790 | 561 | 21,778 | 20,313 | 88,420 | 185,686 | 900,603 | -1,241,179 | 990,576 | 564,978 | -500,000 | -185,000 | -33,517 | 203,517 | 1,150,022 | |
cash flow from investments | ||||||||||||||||
Financing Activities | ||||||||||||||||
Bank loans | -4 | 4 | 5,833 | 4,167 | ||||||||||||
Group/Directors Accounts | -90,585 | -50,000 | 50,000 | 90,585 | ||||||||||||
Other Short Term Loans | ||||||||||||||||
Long term loans | -9,998 | -10,005 | -9,166 | 45,833 | ||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||||||
other long term liabilities | 11,625 | -40,500 | -99,432 | -329,268 | -159,598 | 628,798 | ||||||||||
share issue | ||||||||||||||||
interest | ||||||||||||||||
cash flow from financing | ||||||||||||||||
cash and cash equivalents | ||||||||||||||||
cash | 119,042 | 129,543 | 14,014 | 43,342 | 39,323 | 2,699 | -324,288 | -82,709 | 80,308 | 7,678 | -135,688 | 426,148 | 21,281 | 26,492 | -6 | 6 |
overdraft | ||||||||||||||||
change in cash | 119,042 | 129,543 | 14,014 | 43,342 | 39,323 | 2,699 | -324,288 | -82,709 | 80,308 | 7,678 | -135,688 | 426,148 | 21,281 | 26,492 | -6 | 6 |
norris brothers limited Credit Report and Business Information
Norris Brothers Limited Competitor Analysis

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 directors
Norris Brothers Limited currently has 3 directors. The longest serving directors include Mr Francis Cradock (Mar 2018) and Mr Christopher Cradock (Mar 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Francis Cradock | England | 62 years | Mar 2018 | - | Director |
Mr Christopher Cradock | England | 82 years | Mar 2018 | - | Director |
Mrs Samantha Bolton | England | 53 years | Apr 2024 | - | Director |
P&L
March 2024turnover
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 2024net 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
ultimate parent company
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
date | description | view/download |
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