S. NORTON & CO LIMITED
Operating as S. Norton, the privately owned group specialises in the collection of non-hazardous waste and the recovery of sorted materials.
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Cash
£2.9M
-76% vs 2023
Net assets
£166M
-1.8% vs 2023
Employees
437
+15.9% vs 2023
Profit before tax
£51K
-95.3% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £344,957,000 | £454,760,000 | +31.8% | |
| Operating profit | £512,000 | -£198,000 | -138.7% | |
| Profit before tax | £1,092,000 | £51,000 | -95.3% | |
| Net profit | -£92,000 | -£123,000 | -33.7% | |
| Cash | £12,064,000 | £2,896,000 | -76% | |
| Total assets less current liabilities | £180,484,000 | £176,519,000 | -2.2% | |
| Net assets | £169,445,000 | £166,322,000 | -1.8% | |
| Equity | £169,445,000 | £166,322,000 | -1.8% | |
| Average employees | 377 | 437 | +15.9% | |
| Wages | £17,604,000 | £21,201,000 | +20.4% | |
| Directors' remuneration | £1,636,000 | £1,654,000 | +1.1% |
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 —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 0.1% | -0.0% | |
| Net margin | -0.0% | -0.0% | |
| Return on capital employed | 0.3% | -0.1% | |
| Current ratio | 3.53x | 4.55x | |
| Interest cover | 0.79x | -0.38x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“On the basis of their assessment of the Group and Company's financial position and resources, the directors believe that the Group is well placed to manage its business risks. Therefore, the directors have a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- S. NORTON & CO LIMITED · parent
- Axion Recycling Limited 100%
- S. Norton & Co (Exports) Limited 100%
- UK Shredders Limited 100%
- Cartakeback.com Limited 38.29%
Significant events
- “Financial performance in 2024 could again be considered below par, as the difficult market conditions that emerged during 2022 showed no signs of abating. Reduced global demand for steel, driven largely by a sluggish Chinese economy, the ongoing war in Ukraine and uncertainty in the Middle East centred on Gaza, was the prime cause once again.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HARRY, Charles Thomas | Secretary | — | — | British |
| DONOHUE, Graham William | Director | 2016-06-01 | Jul 1967 | British |
| HARRY, Charles Thomas | Director | — | Jan 1949 | British |
| HARRY, Margaret | Director | 2016-06-09 | Aug 1948 | British |
| HARRY, Matthew Paul | Director | — | May 1950 | British |
| HAYER, Dharmendra Tony Singh | Director | 2020-09-01 | May 1978 | British |
| JONES, Norman William | Director | 2016-06-09 | Jan 1953 | British |
| LATHAM, Ian | Director | 2023-03-23 | Oct 1963 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HARRY, John Anthony | Director | — | 2024-06-10 |
| MORTON, Roger John | Director | 2016-06-09 | 2019-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr John Anthony Harry | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2024-06-10 |
| Mr Charles Thomas Harry | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
| Mr Matthew Paul Harry | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Active |
Filing timeline
Last 20 of 123 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-07 | AA | accounts | Accounts with accounts type group | |
| 2025-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-24 | AA | accounts | Accounts with accounts type group | |
| 2024-08-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-28 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-28 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-17 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2023-10-09 | AA | accounts | Accounts with accounts type group | |
| 2023-08-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-13 | AP01 | officers | Appoint person director company with name date | |
| 2022-09-30 | AA | accounts | Accounts with accounts type group | |
| 2022-08-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-03 | AA | accounts | Accounts with accounts type group | |
| 2021-08-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-12-29 | AA | accounts | Accounts with accounts type group | |
| 2020-10-08 | AP01 | officers | Appoint person director company with name date | |
| 2020-08-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-11-08 | AA | accounts | Accounts with accounts type group | |
| 2019-08-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-04-11 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.