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Norton Hydraulics Limited

00896889

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

5 YEOMANS COURT, HERTFORD, SG13 7HJ
Incorporated 27/01/1967

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 07/03/2026

Due 21/03/2027

On track

Industry

28120
Manufacture of fluid power equipment

Officers

Mr Neil Andrew Palmer

director · Since 10/01/2014

MANAGER

BRITISH · ENGLAND · Age 51

Mrs Joanna Palmer

director · Since 20/06/2019

DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Neil Andrew Palmer

25–50% shares
25–50% votes

British · England · Age 51

5 Yeomans Court, Ware Road, Hertford, SG13 7HJ

Notified 06/04/2016

Mrs Joanna Palmer

25–50% shares
25–50% votes

British · England · Age 55

5 Yeomans Court, Ware Road, Hertford, SG13 7HJ

Notified 02/04/2019

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 09/07/2009Registered 14/07/2009
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 10/07/2009Registered 11/07/2009
charge
satisfied

SG HAMBROS TRUST COMPANY LIMITED (AS TRUSTEE OF FALCON PROPERTY TRUST)

Created 23/11/2006Registered 01/12/2006Satisfied 23/07/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/09/1993Registered 04/10/1993Satisfied 23/07/2018

CompanyRankvs 80+ SIC 28120 peers
44

Financial strength71th percentile among SIC peers · 18/25
Employees26th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.16× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees4/15 pts

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

Liquidity12/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

that may cast significant doubt about the ability of the company to continue as a going concern. true 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and o

Key FinancialsYear ending 31/08/2025

Net Worth

£440k

Balance sheet strength

Cash

£314k

Cash in the bank

Net Current Assets

£277k

Working capital

Current Assets

£2.0M

Current Liabilities

£1.7M

Fixed Assets

£380k

Debtors

£1.1M

Profit After Tax

£753k

0avg. employees-18

Tax at Year End

Corp tax£179k
Dividends paid£632k

Balance Sheet

Assets less current liabilities£657k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.16-£324k
20241.42+£120k
20231.41+£90k
20221.31+£71k
20211.37+£152k
20201.21+£326k

Derived from filed accounts. Not audited figures.