Nordell Limited in Worthing, BN14 8NW

Description

Data updated on: 01-11-2023

Nordell Limited with reg. no. 02971665 has been in this business field for thirty years. The Private Limited Company can be contacted at 4 & 5 Teville Industrials, Dominion Way, Worthing and company's postal code is BN14 8NW. 30 years ago the company switched its registered name from Clashtech to Nordell Limited. This firm's registered with SIC code 22290 - Manufacture of other plastic products. Nordell Ltd reported its latest accounts for the financial year up to 2022-10-31. The company's latest annual confirmation statement was released on 2023-09-27.

We have a team of three directors controlling the company at the current moment, namely Andrew H., Paul R. and Paul M. who have been performing the directors tasks since March 2015. In addition, the managing director's duties are often supported by a secretary - Mark B., who was selected by the following company on 2017-03-30.

Previous company's names
Nordell Limited 1994-10-28
Clashtech Limited 1994-09-27

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2021-10-31	2022-10-31
Currency
Net Worth	1 050 450	1 466 348	1 826 082

Balance Sheet
Cash Bank On Hand			8 667	3 138	18 090	11 487	6 265
Current Assets			2 705 409	2 702 174	2 970 220	5 064 417	5 475 673
Debtors	1 441 242	1 799 875	2 242 024	2 077 156	2 252 589	3 846 380	4 079 340
Net Assets Liabilities			1 826 082	1 996 047	2 181 474	3 364 731	3 755 634
Other Debtors			117 776	177 879		8 670	27 025
Property Plant Equipment			479 331	656 937	634 818	1 693 363	1 547 049
Total Inventories			454 718	621 880	699 541	1 206 550	1 390 068
Cash Bank In Hand	20 902	54 544	8 667
Stocks Inventory	337 630	367 022	454 718
Tangible Fixed Assets	191 261	267 069	479 331

Capital & Reserves
Called Up Share Capital	50 000	50 000	50 000
Profit Loss Account Reserve	1 000 450	1 416 348	1 776 082
Shareholder Funds	1 050 450	1 466 348	1 826 082

Other Financial Data
Audit Fees Expenses							6 000
Other Non-audit Services Fees							4 000
Accrued Liabilities Deferred Income						435 407	326 119
Accumulated Amortisation Impairment Intangible Assets				198 626	219 263	276 936	302 189
Accumulated Depreciation Impairment Property Plant Equipment			1 108 007	1 072 599	1 173 075	1 565 436	1 669 095
Additions Other Than Through Business Combinations Intangible Assets							62 703
Additions Other Than Through Business Combinations Property Plant Equipment				309 093			194 580
Administrative Expenses						2 486 527	2 809 828
Amortisation Expense Intangible Assets						6 793	25 253
Amortisation Impairment Expense Intangible Assets						6 793	25 253
Amounts Owed By Group Undertakings						1 550 185	1 550 628
Amounts Owed By Group Undertakings Participating Interests			900 214	996 691
Amounts Owed By Related Parties				996 691	960 719
Average Number Employees During Period			73	74		163	177
Bank Borrowings						243 056	159 722
Bank Borrowings Overdrafts					31 137	159 722	76 389
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment						513 784	889 420
Cash Cash Equivalents Cash Flow Value						11 487	6 265
Corporation Tax Payable			73 647	43 929	3 096
Corporation Tax Recoverable							240 113
Cost Sales						7 729 896	9 707 312
Creditors			1 234 228	1 158 454	44 212	585 925	213 451
Current Tax For Period			73 651	43 929			-86 523
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences			32 760	16 060		58 584	125 528
Depreciation Expense Property Plant Equipment						98 536	161 853
Depreciation Impairment Expense Property Plant Equipment						152 948	340 894
Disposals Decrease In Depreciation Impairment Property Plant Equipment				164 818
Disposals Property Plant Equipment				166 895
Dividends Paid						326 100	281 500
Dividends Paid Classified As Financing Activities						-326 100	-281 500
Dividends Paid On Shares Final						326 100	281 500
Finance Lease Liabilities Present Value Total						786 044	507 890
Finance Lease Payments Owing Minimum Gross						815 544	522 348
Finished Goods Goods For Resale						1 206 550	1 390 068
Fixed Assets	191 261	267 069	479 331	656 937	688 476	1 717 837	1 608 973
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						6 944	83 334
Further Item Tax Increase Decrease Component Adjusting Items						-59 515	125 528
Future Finance Charges On Finance Leases						29 500	14 458
Future Minimum Lease Payments Under Non-cancellable Operating Leases			107 069	52 028		293 997	578 704
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						97 087	77 512
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						-805 139	-147 449
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						657 874	-7 153
Gain Loss In Cash Flows From Change In Inventories						475 396	183 518
Gain Loss On Disposals Intangible Assets						48 500
Gain Loss On Disposals Property Plant Equipment						6 500	12 400
Government Grant Income						19 267	16 961
Gross Profit Loss						3 559 206	3 337 985
Income Taxes Paid Refund Classified As Operating Activities						59 514	70 512
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment				-27 651
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						70 471	5 222
Increase Decrease In Current Tax From Adjustment For Prior Periods				-12 511		-59 514	-224 102
Increase From Amortisation Charge For Year Intangible Assets					20 637		25 253
Increase From Depreciation Charge For Year Property Plant Equipment				129 410	148 677		340 894
Intangible Assets					53 658	24 474	61 924
Intangible Assets Gross Cost				198 626	272 921	301 410	364 113
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings						13 515	35 462
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts						35 138	22 350
Interest Paid Classified As Operating Activities						-48 653	-57 812
Interest Payable Similar Charges Finance Costs						48 653	57 812
Net Cash Generated From Operations						-844 552	-869 949
Net Current Assets Liabilities	880 989	1 240 949	1 471 181	1 543 720	1 639 450	2 382 082	2 634 903
Operating Profit Loss						1 091 946	545 118
Other Creditors			702 215	660 257	44 212	678 164	1 184 679
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment					48 201		237 235
Other Disposals Property Plant Equipment					48 201		237 235
Other Operating Income Format1						19 267	16 961
Other Taxation Social Security Payable			80 688	72 218	134 372	319 207	211 813
Payments Finance Lease Liabilities Classified As Financing Activities						452 056	-278 154
Pension Other Post-employment Benefit Costs Other Pension Costs						144 309	112 829
Percentage Class Share Held In Subsidiary							100
Prepayments Accrued Income						271 979	172 180
Proceeds From Sales Intangible Assets						-48 500
Proceeds From Sales Property Plant Equipment						-43 895	-12 400
Profit Loss						1 044 223	672 403
Profit Loss On Ordinary Activities Before Tax						1 043 293	487 306
Property Plant Equipment Gross Cost			1 587 338	1 729 536	1 807 893	3 258 799	3 216 144
Provisions For Liabilities Balance Sheet Subtotal				90 490	102 240
Purchase Intangible Assets						-23 089	-62 703
Purchase Property Plant Equipment						-1 114 202	-194 580
Social Security Costs						360 476	439 669
Staff Costs Employee Benefits Expense						4 962 963	5 500 385
Taxation Including Deferred Taxation Balance Sheet Subtotal			74 430	90 490		149 263	274 791
Tax Expense Credit Applicable Tax Rate						198 226	92 588
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit						-10 608	-183 098
Tax Increase Decrease From Effect Capital Allowances Depreciation						-191 936	1 707
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss						4 319	2 280
Tax Tax Credit On Profit Or Loss On Ordinary Activities			106 411	47 478		-930	-185 097
Total Additions Including From Business Combinations Property Plant Equipment					126 558
Total Assets Less Current Liabilities	1 072 250	1 508 018	1 950 512	2 200 657	2 327 926	4 099 919	4 243 876
Total Borrowings						159 722	76 389
Total Current Tax Expense Credit			73 651	31 418		-59 514	-310 625
Total Operating Lease Payments						145 647	182 742
Trade Creditors Trade Payables			377 678	382 050	368 621	806 382	663 998
Trade Debtors Trade Receivables			1 224 034	902 586	1 205 311	2 015 546	2 089 394
Turnover Revenue						11 289 102	13 045 297
Wages Salaries						4 458 178	4 947 887
Company Contributions To Defined Benefit Plans Directors						11 379	11 387
Director Remuneration						160 943	174 839
Director Remuneration Benefits Including Payments To Third Parties						172 322	186 226
Bank Borrowings Overdrafts Secured	-1 444
Creditors Due After One Year			50 000
Creditors Due Within One Year	918 785	980 492	1 234 228
Intangible Fixed Assets Aggregate Amortisation Impairment	198 626	198 626	198 626
Intangible Fixed Assets Cost Or Valuation	198 626	198 626	198 626
Net Assets Liability Excluding Pension Asset Liability	1 050 450	1 466 348	1 826 082
Number Shares Allotted	50 000	50 000	50 000
Number Shares Authorised		100 000
Par Value Share		1	1
Provisions For Liabilities Charges	21 800	41 670	74 430
Share Capital Allotted Called Up Paid	-50 000	-50 000	-50 000
Share Capital Authorised	-100 000	-100 000
Tangible Fixed Assets Additions		132 689	302 683
Tangible Fixed Assets Cost Or Valuation	1 224 981	1 325 853	1 587 338
Tangible Fixed Assets Depreciation	1 033 720	1 058 784	1 108 007
Tangible Fixed Assets Depreciation Charged In Period		56 881	90 422
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		31 817	41 199
Tangible Fixed Assets Disposals		31 817	41 198

Company staff

Mark B.

Role: Secretary

Appointed: 30 March 2017

Latest update: 21 March 2024

Andrew H.

Role: Director

Appointed: 01 March 2015

Latest update: 21 March 2024

Paul R.

Role: Director

Appointed: 01 March 2015

Latest update: 21 March 2024

Paul M.

Role: Director

Appointed: 01 April 2007

Latest update: 21 March 2024

Paul M.

Role: Secretary

Appointed: 23 September 2015

Resigned: 30 March 2017

Latest update: 21 March 2024

Jane M.

Role: Secretary

Appointed: 01 March 2015

Resigned: 23 September 2015

Latest update: 21 March 2024