Back to search

Norbar Torque Tools Limited

00380480

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

NORBAR TORQUE TOOLS LIMITED, BANBURY, OX16 3JU
Incorporated 08/05/1943

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 23/03/2026

Due 06/04/2027

On track

Industry

25730
Manufacture of tools

Officers

Jemma Patstone

secretary · Since 28/03/2024

Jesus Maria Arregui Saez

director · Since 01/08/2019

Spanish

Stuart Roy Clarke

director · Since 17/04/2023

British

Richard Miller

director · Since 04/05/2017

American

John Leroy Reynertson

director · Since 29/08/2022

American

Former

Simon Pleydell Booverie

secretary · Resigned 30/06/1992

Craig Ashley Brodey

secretary · Resigned 04/05/2017

Catherine Louise Rohll

secretary · Resigned 28/03/2024

Craig Ashley Brodey

director · Resigned 04/05/2018

Ian Henry Brodey

director · Resigned 01/05/1996

John Malcolm Brodey

director · Resigned 30/04/2003

Neill Ashley Brodey

director · Resigned 31/01/2025

Philip Anthony Brodey

director · Resigned 31/07/2019

Leslie Michael Brookes

director · Resigned 30/06/1998

Timothy Lee Chambers

director · Resigned 31/07/2019

Leslie John Clark

director · Resigned 01/05/1996

Mark Gapinski

director · Resigned 28/08/2019

Jeffrey Kostrzewa

director · Resigned 13/10/2021

Andrew Ryan Lobo

director · Resigned 18/08/2022

Catherine Louise Rohll

director · Resigned 31/07/2019

CompanyRankvs 105+ SIC 25730 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.34× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£40.6M

Annual revenue

Net Worth

£31.6M

Balance sheet strength

Cash

£774k

Cash in the bank

Profit Before Tax

£1.1M

Bottom line earnings

Net Current Assets

£22.8M

Working capital

Current Assets

£29.7M

Current Liabilities

£6.8M

Fixed Assets

£10.3M

Debtors

£21.3M

Cost of Sales

£25.7M

Gross Profit

£14.9M

Admin Expenses

£14.9M

Operating Profit

£365k

Profit After Tax

£1.1M

321avg. employees

Tax at Year End(2023)

Corp tax£284k

People Costs

Wages & salaries£14.4M
NI contributions£1.4M

Balance Sheet

Intangible assets£53k
Assets less current liabilities£33.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20244.34+£1.1M
20234.63+£5.2M
20215.28+£8.4M
20173.19+£1.1M
20162.49

Derived from filed accounts. Not audited figures.