Norton Cast Products Limited in Sheffield, S9 5DL

Description

Data updated on: 01-11-2023

Norton Cast Products Limited could be contacted at Capital Steel Works, Tinsley Park Road in Sheffield. The company's area code is S9 5DL. Norton Cast Products has been on the market since it was set up in 1978. The company's registered no. is 01376835. This enterprise's declared SIC number is 24520: Casting of steel. Its most recent annual accounts were submitted for the period up to 2023-01-31 and the latest confirmation statement was filed on 2022-12-29.

On 3rd July 2017, the firm was looking for a Track Moulder/Coremaker to fill a full time vacancy in Sheffield, Yorkshire. They offered an overtime with salary £21002 per year. The offered job required experienced worker. Norton Cast Products needed candidates with more than two years of professional experience.

Within the following company, most of director's responsibilities have so far been fulfilled by John W., Andrew S., Paul H. and 4 other directors who might be found below. As for these seven managers, Paul I. has been with the company for the longest time, having become a member of directors' team fifteen years ago. In order to provide support to the directors, the company has been utilizing the expertise of Paul I. as a secretary since March 2013.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-01-31	2020-01-31	2021-01-31	2022-01-31	2023-01-31
Currency

Balance Sheet
Cash Bank On Hand	2 054 015	2 195 276	2 082 306	2 242 852	2 260 341
Current Assets	6 019 757	6 247 126	4 667 951	4 993 243	5 950 372
Debtors	3 003 367	3 031 668	1 890 334	1 789 560	2 276 803
Net Assets Liabilities	3 196 801	3 434 310	2 626 744	2 458 078	2 672 245
Other Debtors	165 429	239 436			22 831
Property Plant Equipment	359 812	578 214	583 658	762 431	936 986
Total Inventories	962 375	1 020 182	695 311	960 831

Other Financial Data
Audit Fees Expenses	17 865	14 525	11 700	13 550	15 170
Accrued Liabilities Deferred Income	187 807	151 597	183 266	170 893	296 341
Accumulated Depreciation Impairment Property Plant Equipment	3 363 942	3 460 128	3 566 879	3 665 661	3 775 827
Additions Other Than Through Business Combinations Property Plant Equipment		314 588	112 195	277 555	284 721
Administrative Expenses	2 019 583	2 040 939	1 973 117	2 051 460	2 258 940
Amounts Owed By Group Undertakings		239 436	19 022
Amounts Owed To Group Undertakings				111 798	425 814
Average Number Employees During Period	66	67	71	77	75
Bank Borrowings		157 301	91 408	495 457	361 111
Bank Borrowings Overdrafts		91 408	23 235	361 111	250 000
Corporation Tax Recoverable	54 676	79 059	65 696	126 349	64 095
Cost Sales	8 361 613	9 107 528	8 145 351	7 233 995	9 681 220
Creditors	3 136 768	91 408	23 235	361 111	250 000
Current Tax For Period	-49 734	-74 117	-65 696	-126 349	-64 095
Deferred Tax Expense Credit From Unrecognised Tax Loss Or Credit	-485	-612	117	56	5
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	8 000	37 000	9 000	71 400	23 000
Depreciation Expense Property Plant Equipment	69 738	96 186	106 751	98 782
Dividends Paid		250 000	1 000 000	300 000	250 000
Dividends Paid On Shares Final		250 000	1 000 000	300 000	250 000
Further Item Tax Increase Decrease Component Adjusting Items	-998	-4 424	9 786	39 214	5 518
Future Minimum Lease Payments Under Non-cancellable Operating Leases	66 049	185 506	159 669	84 004	36 975
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	18 526	16 622	11 926	3 907	4 907
Government Grant Income			82 409	62 336
Gross Profit Loss	2 426 133	2 490 088	2 025 804	2 065 509
Increase Decrease In Current Tax From Adjustment For Prior Periods	-3 852	-37
Increase From Depreciation Charge For Year Property Plant Equipment		96 186	106 751	98 782	110 166
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	379
Interest Income On Bank Deposits	1 963	1 206	642
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss	1 963	1 206
Interest Payable Similar Charges Finance Costs	379
Net Current Assets Liabilities	2 882 989	3 030 504	2 158 321	2 220 158	2 171 659
Operating Profit Loss	406 550	449 149	135 096	76 385
Other Creditors	89 862	100 119	50 998	59 749	185 816
Other Interest Receivable Similar Income Finance Income	1 963	1 206	642
Other Operating Income Format1			82 409	62 336
Other Taxation Social Security Payable	68 963	120 335	315 552	134 923	60 438
Pension Other Post-employment Benefit Costs Other Pension Costs	50 240	72 730	60 573	57 238	62 452
Prepayments Accrued Income	50 742	73 411	68 637	66 921	67 568
Profit Loss	453 721	487 509	192 434	131 334	464 167
Profit Loss On Ordinary Activities Before Tax	408 134	450 355	135 738	76 385	423 072
Property Plant Equipment Gross Cost	3 723 754	4 038 342	4 150 537	4 428 092	4 712 813
Raw Materials Consumables	218 047	240 038	241 238	359 941
Social Security Costs	236 476	254 468	238 431	219 830
Staff Costs Employee Benefits Expense	2 486 571	2 690 106	2 525 799	2 428 487	2 626 020
Taxation Including Deferred Taxation Balance Sheet Subtotal	46 000	83 000	92 000	163 400	186 400
Tax Expense Credit Applicable Tax Rate	77 545	85 567	25 790	14 513	80 384
Tax Increase Decrease Arising From Group Relief Tax Reconciliation		7	99	1 408	2 841
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit	-118 583	-117 726	-92 562	-103 257	-120 840
Tax Increase Decrease From Effect Capital Allowances Depreciation		28	32	-6 981	-9 159
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	786	43	42	98	156
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-45 587	-37 154	-56 696	-54 949	-41 095
Total Assets Less Current Liabilities	3 242 801	3 608 718	2 741 979	2 982 589	3 108 645
Total Borrowings		91 408	23 235	361 111	250 000
Total Current Tax Expense Credit	-53 587	-74 154	-65 696
Total Operating Lease Payments		98 939
Trade Creditors Trade Payables	2 790 136	2 778 678	1 891 641	2 161 376	2 699 193
Trade Debtors Trade Receivables	2 732 520	2 639 762	1 736 979	1 596 290	2 122 309
Turnover Revenue	10 787 746	11 597 616	10 171 155	9 299 504
Wages Salaries	2 199 855	2 362 908	2 226 795	2 151 419	2 317 336
Work In Progress	744 328	780 144	454 073	600 890
Company Contributions To Defined Benefit Plans Directors	8 576	26 090	11 600	10 884
Director Remuneration	312 578	345 743	418 088	498 815	503 708
Director Remuneration Benefits Including Payments To Third Parties	321 154	371 833	429 688	448 626	518 027