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Norcom Technology Limited

02467086

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 5 outstanding charges (-10)

Details

1 SECOND AVENUE, HALSTEAD, CO9 2SU
Incorporated 05/02/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Philip Alan Harris

director · Since 08/02/1995

SOFTWARE CONSULTANT

BRITISH · ENGLAND · Age 72

Also on 5 other boards

Philip Alan Harris

secretary · Since 30/04/2023

Persons with Significant Control

Mr Philip Alan Harris

75–100% shares

British · England · Age 72

12, Bernard Road, Cromer, NR27 9AW

Notified 08/02/2017

Charges5 outstanding

charge
outstanding

D A PHILLIPS & CO LTD AND PHILIP ALAN HARRIS

Created 19/08/2011Registered 25/08/2011
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/06/2001Registered 30/06/2001
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 29/01/1994Registered 10/02/1994
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/08/1993Registered 07/09/1993
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/12/1992Registered 29/12/1992

CompanyRankvs 7621+ SIC 62090 peers
64

Financial strength70th percentile among SIC peers · 18/25
Employees41th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.78× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees6/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/08/2025

Net Worth

£16k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£24k

Current Liabilities

£9k

Fixed Assets

£82

1avg. employees

Balance Sheet

Assets less current liabilities£16k
Prepared with BTCSoftware AP Solution 2025 12.2.02

EstimatesDerived

YearCurrent RatioImplied Profit
20252.78+£0
20252.78+£9k
20243.16+£5k
20231.44-£10k
20221.98-£25k
20212.69+£25k
20201.98+£51
20191.28+£31k
20180.51

Derived from filed accounts. Not audited figures.