Norex Forest Products Limited
02708448
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/06/1996
TIMBER IMPORTER
BRITISH · UNITED KINGDOM · Age 66
Also on 1 other board
director · Since 21/06/2017
TEACHING ASSISTANT
BRITISH · UNITED KINGDOM · Age 66
Also on 1 other board
Persons with Significant Control
Simon Alexander Creagh-Chapman
British · United Kingdom · Age 66
First Floor, Cromwell House, 14, Fulwood Place, London, WC1V 6HZ
Notified 30/06/2016
Mrs Caroline Deborah Creagh Chapman
British · United Kingdom · Age 66
First Floor, Cromwell House, 14, Fulwood Place, London, WC1V 6HZ
Notified 30/05/2020
Charges1 outstanding
HSBC INVOICE FINANCE (UK) LTD
THE GOVERNOR & THE COMPANY OF THE BANK OF IRELAND
CompanyRankvs 375+ SIC 46730 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
£80k
Balance sheet strength
Cash
£533k
Cash in the bank
Net Current Assets
£518k
Working capital
Current Assets
£1.0M
Current Liabilities
£507k
Fixed Assets
£15k
Debtors
£296k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.02 | +£0 |
| 2025 | 2.02 | +£0 |
| 2024 | 1.84 | +£0 |
| 2023 | 1.55 | +£0 |
| 2022 | 1.47 | +£0 |
| 2021 | 1.46 | +£0 |
| 2020 | 1.74 | +£0 |
| 2019 | 1.58 | +£0 |
| 2018 | 1.44 | — |
Derived from filed accounts. Not audited figures.