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NORGATE BUILDERS LIMITED Financials

Company number
03976146Copy
Copy
Registered office
14 Thirlby Road, North Walsham, Norfolk NR28 9BA
Incorporated
19/04/2000

Company snapshot

Status
Active
Employees
4 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£-127.03K2025
-22.33%vs 2024

2024: £-103.84K

Total Assets

£14.28K2025
-32.09%vs 2024

2024: £21.03K

Total Liabilities

£141.31K2025
13.17%vs 2024

2024: £124.87K

Employees

42025
-2vs 2024

2024: 6

In 2025, NORGATE BUILDERS LIMITED reported net assets of £-127.03K. The same filing shows total assets of £14.28K and total liabilities of £141.31K. Reported headcount was 4 in 2025. Net Assets fell from £-103.84K in 2024 to £-127.03K in 2025 (-22.33%). Okredo holds filed figures for 2021–2025; 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

£-127.03K2025
-22.33%from £-103.84K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures NORGATE BUILDERS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£77.21K2023£-127.03K2025
-265%vs 2023

Total Assets

£25.01K2023£14.28K2025
-42.9%vs 2023

-24.4% a year compound (CAGR)

Total Liabilities

£-66.64K2023£141.31K2025
Increasedvs 2023

Employees

7202342025
-42.9%vs 2023-3

Biggest decrease

Net Assets-265%

£77.21K in 2023 to £-127.03K in 2025

NORGATE BUILDERS LIMITED's filings pull in both directions between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from NORGATE BUILDERS 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
-889.64%2025
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.
Liabilities to total assets
989.64%2025
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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for NORGATE BUILDERS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£30.97K53.61K77.21K-103.84K-127.03K
Total Assets£59.48K27.02K25.01K21.03K14.28K
Cash in Bank£–––––
Total Liabilities£1.34K-47.74K-66.64K124.87K141.31K
Employees98764

NORGATE BUILDERS LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for NORGATE BUILDERS LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

NORGATE BUILDERS LIMITED reported net assets of £-127.03K for 2025. That compares with £-103.84K in 2024, a change of -22.33%.

NORGATE BUILDERS LIMITED reported total assets of £14.28K for 2025. That compares with £21.03K in 2024, a change of -32.09%.

NORGATE BUILDERS LIMITED reported total liabilities of £141.31K for 2025. That compares with £124.87K in 2024, a change of 13.17%.

NORGATE BUILDERS LIMITED reported 4 employees in 2025, compared with 6 in 2024.

Between 2023 and 2025, NORGATE BUILDERS LIMITED's net assets fell by 265%, total assets fell by 42.9% and employee numbers fell by 42.9%. Total assets contracted at 24.4% a year across the two years to 2025, from £25.01K to £14.28K. Reported headcount went from 7 in 2023 to 4 in 2025 (-3).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.