NORCO GROUP LIMITED Financials
- Company number
- SC235198Copy
Copy - Registered office
- Norco House Units 3-6 Pitmedden Road, Dyce, Aberdeen AB21 0DT
- Incorporated
- 12/08/2002
Company snapshot
- Status
- Active
- Employees
- 107 (2024)
- Latest financial data
- 2024
- Accounts type
- Medium
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
19.78%vs 20232023: £3.16M
Total Assets
9.75%vs 20232023: £8.42M
Cash in Bank
-7.39%vs 20232023: £137.29K
Total Liabilities
1.13%vs 20232023: £3.79M
Employees
-1vs 20232023: 108
In 2024, NORCO GROUP LIMITED reported net assets of £3.78M. The same filing shows total assets of £9.24M, cash in bank of £127.15K and total liabilities of £3.83M. Reported headcount was 107 in 2024. Total Assets rose from £8.42M in 2023 to £9.24M in 2024 (9.75%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
19.78%from £3.16M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NORCO GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+35.5%vs 2022+16.4% a year compound (CAGR)
Cash in Bank
-44.8%vs 2022-25.7% a year compound (CAGR)
Total Assets
+65.8%vs 2022+28.8% a year compound (CAGR)
Total Liabilities
+37.9%vs 2022+17.4% a year compound (CAGR)
Employees
-3.6%vs 2022-4Biggest increase
Total Assets+65.8%
£5.57M in 2022 to £9.24M in 2024
Biggest decrease
Cash in Bank-44.8%
£230.25K in 2022 to £127.15K in 2024
NORCO GROUP LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NORCO GROUP LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 40.96%2024
- Liabilities to total assets
- 41.49%2024
- Cash to liabilities
- 3.32%2024
- Cash to total assets
- 1.38%2024
- Revenue per employee
- £131.26K2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NORCO GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 2.67M | 2.79M | 3.16M | 3.78M |
| Total Assets£ | 5.06M | 5.57M | 8.42M | 9.24M |
| Cash in Bank£ | 245.37K | 230.25K | 137.29K | 127.15K |
| Total Liabilities£ | 2.39M | 2.78M | 3.79M | 3.83M |
| Employees | 116 | 111 | 108 | 107 |
NORCO GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has NORCO GROUP LIMITED filed financial statements?
Yes. Okredo holds filed figures for NORCO GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did NORCO GROUP LIMITED report in 2024?
NORCO GROUP LIMITED reported net assets of £3.78M for 2024. That compares with £3.16M in 2023, a change of 19.78%.
What total assets did NORCO GROUP LIMITED report in 2024?
NORCO GROUP LIMITED reported total assets of £9.24M for 2024. That compares with £8.42M in 2023, a change of 9.75%.
What cash in bank did NORCO GROUP LIMITED report in 2024?
NORCO GROUP LIMITED reported cash in bank of £127.15K for 2024. That compares with £137.29K in 2023, a change of -7.39%.
How many people does NORCO GROUP LIMITED employ?
NORCO GROUP LIMITED reported 107 employees in 2024, compared with 108 in 2023.
How have NORCO GROUP LIMITED financials changed over the last 3 years?
Between 2022 and 2024, NORCO GROUP LIMITED's net assets rose by 35.5%, cash in bank fell by 44.8%, total assets rose by 65.8% and total liabilities rose by 37.9%. Net assets compounded at 16.4% a year across the two years to 2024, from £2.79M to £3.78M. Reported headcount went from 111 in 2022 to 107 in 2024 (-4).
Which years of NORCO GROUP LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.