The Norton Motorcycle Co. Limited in London, EC2N 2AX

Description

Data updated on: 01-11-2023

The Norton Motorcycle came into being in 2020 as a company enlisted under no 12545195, located at EC2N 2AX London at 1 Bartholomew Lane. The firm has been in business for 4 years and its last known state is active. Founded as Project 303 Bidco, this business used the business name up till 2020-07-02, at which point it was changed to The Norton Motorcycle Co. Limited. This company's SIC code is 64209 which means Activities of other holding companies n.e.c.. The Norton Motorcycle Co. Ltd reported its account information for the financial period up to 31st March 2023. The company's latest annual confirmation statement was released on 1st April 2023.

Hendrik V., Sudarshan V., Radhakrishnan K. and 4 other members of the Management Board who might be found within the Company Staff section of this page are the enterprise's directors and have been doing everything they can to help the company for one year. At least one secretary in this firm is a limited company: Intertrust (uk) Limited.

Previous company's names
The Norton Motorcycle Co. Limited 2020-07-02
Project 303 Bidco Limited 2020-04-02

Financial data based on annual reports

Profit & Loss
Date of Accounts	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	1 568 098	1 051 231	126
Current Assets	6 478 680	8 017 607	14 434 018
Debtors	2 380 504	2 169 659	5 292 401
Net Assets Liabilities		35 292 042	19 723 573
Other Debtors	846 853	562 755	1 461 852
Property Plant Equipment	5 880 609	10 351 215	10 668 129
Total Inventories	2 530 078	4 796 717	9 141 491

Other Financial Data
Audit Fees Expenses	14 000	17 000	17 435
Other Non-audit Services Fees	4 200	3 180	5 630
Taxation Compliance Services Fees	1 000	1 000	1 100
Accrued Liabilities Deferred Income	543 555	527 471	3 854 047
Accumulated Amortisation Impairment Intangible Assets	2 488 903	5 497 133	9 313 529
Accumulated Depreciation Impairment Property Plant Equipment	120 715	999 754	2 942 675
Additions Other Than Through Business Combinations Intangible Assets	429 000	553 134	121 444
Additions Other Than Through Business Combinations Property Plant Equipment	6 006 705	5 288 058	2 411 590
Administrative Expenses	10 873 696	14 903 648	28 718 893
Amortisation Expense Intangible Assets	2 488 903	3 008 230	3 816 396
Amounts Owed To Group Undertakings	2 376 056	1 224 122	996 379
Average Number Employees During Period	84	148	201
Bank Borrowings			19 400 367
Bank Borrowings Overdrafts			19 400 367
Bank Overdrafts			1 054 781
Capital Commitments	1 798 541		487 467
Comprehensive Income Expense		-14 708 970	-29 568 469
Corporation Tax Recoverable		112 644
Cost Sales	176 976	22 689	1 340 368
Creditors	7 213 215	6 220 160	19 400 367
Creditors Financial Liability			583 941
Depreciation Expense Property Plant Equipment	120 715	879 039	1 976 957
Derivative Liabilities			583 941
Finished Goods Goods For Resale		105 823	706 173
Fixed Assets	27 235 547	33 494 595	37 121 373
Further Item Tax Increase Decrease Component Adjusting Items		-112 644	-70 305
Future Minimum Lease Payments Under Non-cancellable Operating Leases	1 268 631	828 946	1 484 633
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss	-23 249	41 548	-369 905
Gain Loss From Fair Value Cash Flow Hedges Before Tax Recognised In Other Comprehensive Income			-208 772
Gain Loss On Disposals Property Plant Equipment		-1 007	-12 517
Government Grant Income	228 068	65 303
Gross Profit Loss	345 433	16 731	-970 015
Increase Decrease In Current Tax From Adjustment For Prior Periods		-112 644	-329 211
Increase From Amortisation Charge For Year Intangible Assets	2 488 903	3 008 230	3 816 396
Increase From Depreciation Charge For Year Property Plant Equipment	120 715	879 039	1 976 957
Intangible Assets	21 354 938	23 143 380	26 453 244
Intangible Assets Gross Cost	23 843 841	28 640 513	35 766 773
Interest Income On Bank Deposits	1 206
Issue Equity Instruments	36 800 001	23 500 000	14 000 000
Net Current Assets Liabilities	-734 535	1 797 447	2 002 567
Nominal Value Allotted Share Capital	36 800 001
Number Shares Issued Fully Paid	36 800 001	60 300 001	74 300 001
Operating Profit Loss	-10 300 195	-14 821 614
Other Creditors	3 213 814	3 253 373	2 796 389
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			34 036
Other Disposals Property Plant Equipment	5 381	5 050	151 755
Other Interest Receivable Similar Income Finance Income	1 206
Other Operating Income Format1	228 068	65 303
Other Taxation Social Security Payable	134 450	241 855	487 898
Par Value Share	1
Pension Costs Defined Contribution Plan	187 442	330 711
Pension Other Post-employment Benefit Costs Other Pension Costs	187 442	330 711	728 106
Prepayments Accrued Income	639 873	1 115 409	822 542
Profit Loss	-10 298 989	-14 708 970	-29 359 697
Profit Loss On Ordinary Activities Before Tax	-10 298 989	-14 821 614	-29 688 908
Property Plant Equipment Gross Cost	6 001 324	11 350 969	13 610 804
Raw Materials Consumables	2 212 803	3 920 202	7 858 190
Research Development Expense Recognised In Profit Or Loss	480 048		1 069 095
Social Security Costs	330 090	487 781	1 154 674
Staff Costs Employee Benefits Expense	3 786 752	5 554 945	13 289 726
Tax Expense Credit Applicable Tax Rate	-1 956 808	-2 816 107	-5 640 893
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	86 131	-157 767	123 188
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward	1 870 677	2 973 874	5 588 010
Tax Tax Credit On Profit Or Loss On Ordinary Activities		-112 644	-329 211
Total Assets Less Current Liabilities	26 501 012	35 292 042	39 123 940
Total Borrowings			20 455 148
Total Operating Lease Payments	394 381	523 356	674 699
Trade Creditors Trade Payables	945 340	973 339	2 658 016
Trade Debtors Trade Receivables	893 778	378 851	3 008 007
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Intangible Assets		73 139
Transfers To From Non-current Assets Or Disposal Groups Held For Sale Property Plant Equipment		-66 637
Turnover Revenue	522 409	39 420	370 353
Wages Salaries	3 269 220	4 736 453	11 406 946
Work In Progress	317 275	770 692	577 128
Director Remuneration	19 108	18 000	18 000

Address: Bartholomew Lane, London, EC2N 2AX, England

Latest update: 10 March 2024

Sharad M.

Role: Director

Appointed: 03 April 2020

Latest update: 10 March 2024

Radhakrishnan K.

Role: Director

Appointed: 03 April 2020

Resigned: 30 April 2020

Latest update: 10 March 2024

Nilufer V.

Role: Director

Appointed: 02 April 2020

Resigned: 03 April 2020

Latest update: 10 March 2024

Trusec Limited

Role: Corporate Director

Appointed: 02 April 2020

Resigned: 03 April 2020

Latest update: 10 March 2024

People with significant control

Trusec Limited

Legal authority Uk

Legal form Private Limited Company

Country registered United Kingdom

Place registered United Kingdom

Registration number 00463885

Notified on 2 April 2020

Ceased on 3 April 2020

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2024
Account last made up date	31 March 2023
Confirmation statement next due date	15 April 2024
Confirmation statement last made up date	01 April 2023

Annual Accounts
Start Date For Period Covered By Report	2020-04-02
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

The Norton Motorcycle Co. Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Hendrik V.

Sudarshan V.

Radhakrishnan K.

Ralf S.

Venu S.

Peter H.

Intertrust (uk) Limited

Sharad M.

Radhakrishnan K.

Nilufer V.

Trusec Limited

People with significant control

Trusec Limited

Accounts Documents

Company filings

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