NORCO ENGINEERING LIMITED
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Next accounts due
2026-06-30 (in 1mo)
Last filed for 2024-09-30
Confirmation statement due
2027-01-02 (in 8mo)
Last made up 2025-12-19
Watchouts
None on the register
Cash
£127K
-7.4% vs 2023
Net assets
£2M
+61.9% highest in 5 filed years
Employees
107
-0.9% vs 2023
Profit before tax
£420K
+50.4% vs 2023
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · latest reflected 2024-09-30
| Metric | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £12,727,636 | £14,044,482 | |
| Operating profit | — | — | — | — | £522,648 | £482,479 | |
| Profit before tax | — | — | — | — | £279,401 | £420,112 | |
| Net profit | — | — | — | — | £167,275 | £621,893 | |
| Cash | — | — | £10 | — | £137,298 | £127,158 | |
| Total assets less current liabilities | -£6,947 | -£48,622 | £200,838 | — | £1,417,084 | £2,491,657 | |
| Net assets | — | — | — | — | £1,004,474 | £1,626,367 | |
| Equity | -£6,947 | -£48,622 | £200,838 | £837,198 | £1,004,474 | £1,626,367 | |
| Average employees | 0 | 0 | 0 | — | 108 | 107 | |
| Wages | — | — | — | — | £4,055,926 | £4,376,463 | |
| Directors' remuneration | — | — | — | — | — | £85,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-09-30 vs 2023-09-30
-
Turnover
+10.3%
£12,727,636 £14,044,482
-
Cash
-7.4%
£137,298 £127,158
-
Net assets
+61.9%
£1,004,474 £1,626,367
-
Employees
-0.9%
108 107
-
Operating profit
-7.7%
£522,648 £482,479
-
Profit before tax
+50.4%
£279,401 £420,112
-
Wages
+7.9%
£4,055,926 £4,376,463
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 4.1% | 3.4% | |
| Net margin | — | — | — | — | 1.3% | 4.4% | |
| Return on capital employed | — | — | — | — | 36.9% | 19.4% | |
| Current ratio | — | — | — | — | 0.98x | 1.28x | |
| Interest cover | — | — | — | — | 2.11x | 6.83x |
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
- Abridged
- Yes — abridged accounts (limited disclosure)
- Auditor
- Thomson Cooper
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- NORCO ENGINEERING LIMITED · parent
- Norco Group Limited 100%
Significant events
- “Turnover for the year has increased by 10% to £14m and operating profits have decreased 8% to £482k. The Group's strong financial position at the year-end has ensured continued investment in people and facilities.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SHARP, Ryan | Director | 2021-08-19 | Apr 1979 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SHARP, Ian Robert | Director | 2011-12-21 | 2021-08-19 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ryan Sharp | Individual | Shares 75–100% | 2021-08-17 | Active |
| Mr Ian Robert Sharp | Individual | Shares 75–100% | 2016-04-06 | Ceased 2021-08-17 |
Filing timeline
Last 20 of 37 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-30 | AA | accounts | Accounts with accounts type group | |
| 2025-01-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-02 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-01-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-13 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2022-09-27 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-12-31 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-09-02 | PSC01 | 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 | |
| 2021-08-31 | TM01 | officers | Termination director company with name termination date | |
| 2021-08-21 | AP01 | officers | Appoint person director company with name date | |
| 2021-08-09 | AA | accounts | Accounts with accounts type total exemption full | |
| 2021-01-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-09-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2020-01-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-07-03 | AA | accounts | Accounts with accounts type dormant |
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.