Norse Limited in Aberdeen, AB23 8EE

Description

Data updated on: 01-11-2023

1984 is the year of the beginning of Norse Limited, a company which is situated at Broadfold Road, Bridge Of Don, Aberdeen. That would make 40 years Norse has prospered in the business, as the company was established on 1984/07/06. The reg. no. is SC088781 and its area code is AB23 8EE. This enterprise's SIC and NACE codes are 46900, that means Non-specialised wholesale trade. 31st March 2021 is the last time account status updates were reported.

Norse Ltd is a small-sized vehicle operator with the licence number OM1092745. The firm has one transport operating centre in the country. In their subsidiary in Aberdeen on Broadfold Road, 1 machine is available.

There seems to be a team of two directors managing this particular company right now, namely Andrew S. and William S. who have been executing the directors assignments since 2003.

Wiiliam S. is the individual with significant control over this firm, has substantial control or influence over the company.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31
Currency

Balance Sheet
Cash Bank On Hand	843 924	799 105	810 937	697 842	1 167 328	850 152	406 462
Current Assets	4 587 741	4 455 238	4 438 871	4 975 735	5 376 816	4 191 835	3 908 221
Debtors	2 747 329	3 004 407	3 172 334	3 379 240	3 353 326	2 632 846	2 684 395
Net Assets Liabilities	3 640 578	3 814 846	4 030 362	4 060 953	4 567 289	4 160 736	3 861 588
Other Debtors		2 500	250	11 250	7 450	7 450	7 450
Property Plant Equipment	310 013	246 728	286 909	330 640	1 060 904	1 010 096	986 030
Total Inventories	996 488	651 726	455 600	898 653	856 162	708 837	817 364

Other Financial Data
Audit Fees Expenses	8 500	8 500
Director Remuneration	203 602	165 278
Accrued Liabilities	13 066	21 722	20 047	21 267	22 590	113 140	127 640
Accumulated Depreciation Impairment Property Plant Equipment	389 062	393 047	370 070	396 229	458 555	509 363	535 919
Administrative Expenses	1 437 478	1 381 567
Applicable Tax Rate	20	20
Average Number Employees During Period			17	17	17	17	17
Cash Cash Equivalents Cash Flow Value	843 924
Comprehensive Income Expense	661 988	174 268
Corporation Tax Payable	52 398	59 774	73 724	63 156	161 322	176 253	-7 325
Cost Sales	4 732 968	3 277 570
Creditors	1 248 497	880 987	16 059	1 235	1 853 757	1 030 392	1 020 698
Current Tax For Period	178 264	59 774
Depreciation Amortisation Expense	54 425	38 391
Depreciation Expense Property Plant Equipment	54 425	38 391
Disposals Decrease In Depreciation Impairment Property Plant Equipment		34 406	76 277	38 089			23 172
Disposals Property Plant Equipment		59 300	85 711	48 095			27 456
Dividends Paid	1 000 000		60 000	225 000	385 000	400 000	280 000
Dividends Paid Classified As Financing Activities	-1 000 000
Dividends Paid On Shares	1 000 000
Dividends Paid On Shares Final	500 000
Dividends Paid On Shares Interim	500 000
Finance Lease Liabilities Present Value Total			16 059	1 235	1 235
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax	1 251
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-12 188	-766
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-1 416 059	56 842
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	230 961	-257 078
Gain Loss On Disposal Assets Income Statement Subtotal	16 936	11 106
Gain Loss On Disposals Property Plant Equipment	16 936	11 106
Gross Profit Loss	2 256 988	1 605 856
Income Taxes Paid Refund Classified As Operating Activities	-211 996	-52 398
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-582 376	-44 819
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-334 231	-344 762
Increase From Depreciation Charge For Year Property Plant Equipment		38 391	53 300	64 248	62 326	50 808	49 728
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	1 410
Interest Payable Similar Charges Finance Costs	1 410
Merchandise	996 488	651 726	455 600	898 653	856 162	708 837	817 364
Net Cash Flows From Used In Financing Activities	609 859	431 728
Net Cash Flows From Used In Investing Activities	-213 506	-36 007
Net Cash Flows From Used In Operating Activities	186 023	-350 902
Net Cash Generated From Operations	-27 383	-403 300
Net Current Assets Liabilities	3 339 244	3 574 251	3 764 378	3 748 079	3 523 059	3 161 443	2 887 523
Net Interest Received Paid Classified As Investing Activities	-16	-7
Number Shares Issued Fully Paid		1 000	1 000	1 000	1 000	1 000	1 000
Operating Profit Loss	839 510	231 489
Other Comprehensive Income Expense Net Tax	1 251
Other Creditors	3 718	10 544	10 544			1 458	10 879
Other Deferred Tax Expense Credit	-885	-2 546
Other Interest Receivable Similar Income Finance Income	16	7
Other Operating Income Format1	20 000	7 200
Other Taxation Social Security Payable	37 190	32 571	30 551	36 096	63 072	63 184	174 392
Par Value Share		1	1	1	1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities	-25 890
Pension Other Post-employment Benefit Costs Other Pension Costs	42 118	31 069
Prepayments	68 381	50 403	110 384	42 325	42 202	82 258	76 973
Proceeds From Sales Investment Properties	-161 027
Proceeds From Sales Property Plant Equipment	-79 919	-36 000
Profit Loss	660 737	174 268	275 516	255 591	891 336	-6 553	-19 148
Profit Loss On Ordinary Activities Before Tax	838 116	231 496
Property Plant Equipment Gross Cost	699 075	639 775	656 979	726 869	1 519 459	1 519 459	1 521 949
Provisions	8 679	6 133	4 866	16 531	16 674	10 803	11 965
Provisions For Liabilities Balance Sheet Subtotal	8 679	6 133	4 866	16 531	16 674	10 803	11 965
Purchase Property Plant Equipment	-27 456
Recoverable Value-added Tax	30 006	4 875			87 609		22 289
Social Security Costs	92 211	84 944
Staff Costs Employee Benefits Expense	896 430	855 872
Tax Decrease Increase From Effect Revenue Exempt From Taxation	71	158
Tax Expense Credit Applicable Tax Rate	167 623	46 299
Tax Increase Decrease From Effect Capital Allowances Depreciation	-1 044	3 278
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	11 756	10 355
Tax Tax Credit On Profit Or Loss On Ordinary Activities	177 379	57 228
Total Additions Including From Business Combinations Property Plant Equipment			102 915	117 985	792 590		29 946
Total Assets Less Current Liabilities	3 649 257	3 820 979	4 051 287	4 078 719	4 583 963	4 171 539	3 873 553
Total Operating Lease Payments	143 772	180 579
Trade Creditors Trade Payables	525 554	571 533	518 808	1 089 609	1 603 204	647 044	699 572
Trade Debtors Trade Receivables	529 499	815 260	927 794	1 165 348	1 572 008	748 480	760 285
Turnover Revenue	6 989 956	4 883 426
Wages Salaries	762 101	739 859

Company staff

Andrew S.

Role: Secretary

Appointed: 18 January 2003

Latest update: 4 January 2024

Andrew S.

Role: Director

Appointed: 18 January 2003

Latest update: 4 January 2024

William S.

Role: Director

Appointed: 31 December 1988

Latest update: 4 January 2024

People with significant control

Wiiliam S.

Notified on 31 December 2016

Nature of control:

substantial control or influence

Accounts Documents

Account next due date	31 March 2023
Account last made up date	31 March 2021
Confirmation statement next due date	14 January 2024
Confirmation statement last made up date	31 December 2022

Annual Accounts
Start Date For Period Covered By Report	01 April 2016
End Date For Period Covered By Report	31 March 2017
Annual Accounts
Start Date For Period Covered By Report	01 April 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022

Norse Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Andrew S.

Andrew S.

William S.

Margaret S.

People with significant control

Wiiliam S.

Accounts Documents

Company Vehicle Operator Data

Norse Ltd

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No. of Vehicles

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