NORCO GROUP LIMITED
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Cash
£440k
highest in 6 filed years
Net assets
£4.4m
highest in 6 filed years
Employees
115
Average over period
Profit before tax
£483k
Period ending 2025-09-28
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-09-28
| Metric | Trend | 2020-09-30 | 2021-09-29 | 2022-09-29 | 2023-09-29 | 2024-09-29 | 2025-09-28 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £12,727,636 | £14,044,481 | £15,682,844 | — | |
| Operating profit | — | — | — | £526,648 | £485,588 | £602,256 | — | |
| Profit before tax | — | — | — | £478,756 | £423,221 | £483,218 | — | |
| Net profit | — | — | — | £366,630 | £625,002 | £578,618 | — | |
| Cash | £175,101 | £245,368 | £230,252 | £137,288 | £127,148 | £440,377 | — | |
| Total assets less current liabilities | £3,330,009 | £3,836,815 | £3,854,855 | £3,572,543 | £4,650,224 | £5,003,359 | — | |
| Net assets | £2,407,526 | £2,673,504 | £2,793,303 | £3,159,933 | £3,784,935 | £4,363,553 | — | |
| Equity | £2,407,526 | £2,673,504 | £2,793,303 | £3,159,933 | £3,784,935 | £4,363,553 | — | |
| Average employees | 118 | 116 | 111 | 108 | 107 | 115 | — | |
| Wages | — | — | — | £4,055,926 | £4,376,463 | £4,789,124 | — | |
| Directors' remuneration | — | — | — | — | £331,701 | £330,161 | — | |
| Directors' pension contributions | — | — | — | — | £11,736 | £12,264 | — | |
| Highest paid director | — | — | — | — | £85,003 | £89,253 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing covers about 12 months versus 12 months prior. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-09-30 | 2021-09-29 | 2022-09-29 | 2023-09-29 | 2024-09-29 | 2025-09-28 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | 4.1% | 3.5% | 3.8% | |
| Net margin | — | — | — | 2.9% | 4.5% | 3.7% | |
| Return on capital employed | — | — | — | 14.7% | 10.4% | 12.0% | |
| Gearing (liabilities / total assets) | 52.5% | 47.2% | 49.9% | 54.5% | 49.9% | 54.1% | |
| Current ratio | — | — | — | — | 2.05x | 1.72x | |
| Interest cover | — | — | — | 10.03x | 6.88x | 5.06x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- NORCO GROUP LIMITED 2003-04-09 → present
- MOUNTWEST 429 LIMITED 2002-08-12 → 2003-04-09
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- AMS Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting”
Significant events
- “On 29 June 2026 the company completed the sale of Units 5 and 6 Airways Industrial Estate, Pitmedden Road, Aberdeen for a consideration of £365,000. The carrying value of these assets at 28 September 2025 was £359,635 therefore there has been no adjustment made to the financial statements”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BLACKADDERS LLP | Corporate Secretary | 2013-02-01 | — | — |
| GROVE, Lindsey Jane | Director | 2023-08-17 | Nov 1981 | British |
| MCCARLE, Andrew Martin | Director | 2009-07-29 | Mar 1954 | British |
| ROBERTSON, Leonard George | Director | 2014-09-01 | Feb 1986 | British |
| ROY, John Philip | Director | 2013-04-01 | Mar 1980 | British |
| SHARP, Ryan | Director | 2018-07-31 | Apr 1979 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MACKAY, Claire | Secretary | 2006-04-20 | 2009-11-18 |
| STRONACHS | Corporate Nominee Secretary | 2002-08-12 | 2006-04-20 |
| STRONACHS SECRETARIES LIMITED | Corporate Secretary | 2009-12-06 | 2013-03-31 |
| MCCOMBIE, Linda Isabel | Director | 2014-09-01 | 2017-09-14 |
| PARK, Stephen William | Director | 2002-08-12 | 2012-01-27 |
| RENNIE, David Alan | Nominee Director | 2002-08-12 | 2002-08-12 |
| SHARP, Ian Robert | Director | 2007-06-01 | 2021-08-18 |
| TOMBLESON, Walter | Director | 2007-06-01 | 2018-06-26 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Norco Engineering Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2021-08-17 | Active |
| Mr Ian Robert Sharp | Individual | Shares 25–50% | 2018-03-12 | Ceased 2021-08-19 |
| Blackadders Nominees | Corporate entity | Shares 75–100% | 2016-08-12 | Ceased 2018-03-12 |
Filing timeline
Last 20 of 104 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-09-28 | AA | accounts | Accounts with accounts type full | |
| 2026-08-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-05-20 | AA01 | accounts | Change account reference date company previous shortened | |
| 2026-05-19 | AA01 | accounts | Change account reference date company previous extended | |
| 2025-10-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-19 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-07-01 | AA | accounts | Accounts with accounts type medium | |
| 2024-09-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-09-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-08-22 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-09-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-09-03 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2021-09-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2021-09-02 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.