NORPOWER LTD. Financials
- Company number
- SC258471CopyCopy
- Registered office
- Industrial Estate, Great North Road, Muir Of Ord, Ross Shire IV6 7UA
- Incorporated
- 30/10/2003
Company snapshot
- Status
- Active
- Employees
- 25 (2023)
- Latest financial data
- 2023
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
14.77%vs 20222022: £5.82M
Total Assets
24.41%vs 20222022: £7.92M
Cash in Bank
35.68%vs 20222022: £3.50M
Total Liabilities
209.37%vs 20222022: £548.87K
Employees
+1vs 20222022: 24
In 2023, NORPOWER LTD. reported net assets of £6.69M. The same filing shows total assets of £9.85M, cash in bank of £4.75M and total liabilities of £1.70M. Reported headcount was 25 in 2023. Total Assets rose from £7.92M in 2022 to £9.85M in 2023 (24.41%). Okredo holds filed figures for 2021–2023; 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
14.77%from £5.82M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures NORPOWER LTD. filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+12.5%vs 2021+6.1% a year compound (CAGR)
Cash in Bank
+57.5%vs 2021+25.5% a year compound (CAGR)
Total Assets
+28.4%vs 2021+13.3% a year compound (CAGR)
Total Liabilities
-1.9%vs 2021-1% a year compound (CAGR)
Employees
-19.4%vs 2021-6Biggest increase
Cash in Bank+57.5%
£3.02M in 2021 to £4.75M in 2023
Biggest decrease
Employees-19.4%
31 in 2021 to 25 in 2023
NORPOWER LTD.'s filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NORPOWER LTD.'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
- 67.86%2023
- 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
- 17.24%2023
- 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.
- Cash to liabilities
- 279.99%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 48.26%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NORPOWER LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 5.94M | 5.82M | 6.69M |
| Total Assets£ | 7.67M | 7.92M | 9.85M |
| Cash in Bank£ | 3.02M | 3.50M | 4.75M |
| Total Liabilities£ | 1.73M | 548.87K | 1.70M |
| Employees | 31 | 24 | 25 |
NORPOWER LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NORPOWER LTD. covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
NORPOWER LTD. reported net assets of £6.69M for 2023. That compares with £5.82M in 2022, a change of 14.77%.
NORPOWER LTD. reported total assets of £9.85M for 2023. That compares with £7.92M in 2022, a change of 24.41%.
NORPOWER LTD. reported cash in bank of £4.75M for 2023. That compares with £3.50M in 2022, a change of 35.68%.
NORPOWER LTD. reported 25 employees in 2023, compared with 24 in 2022.
Between 2021 and 2023, NORPOWER LTD.'s net assets rose by 12.5%, cash in bank rose by 57.5%, total assets rose by 28.4% and total liabilities fell by 1.9%. Net assets compounded at 6.1% a year across the two years to 2023, from £5.94M to £6.69M. Reported headcount went from 31 in 2021 to 25 in 2023 (-6).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.