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Norex Forest Products Limited

02708448

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

FIRST FLOOR, CROMWELL HOUSE, 14, LONDON, WC1V 6HZ
Incorporated 21/04/1992

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46730
Wholesale of wood, construction materials and sanitary equipment

Officers

Mr Simon Alexander Creagh Chapman

director · Since 24/06/1996

TIMBER IMPORTER

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mrs Caroline Deborah Creagh Chapman

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

50–75% shares
50–75% votes

British · United Kingdom · Age 66

First Floor, Cromwell House, 14, Fulwood Place, London, WC1V 6HZ

Notified 30/06/2016

Mrs Caroline Deborah Creagh Chapman

25–50% shares
25–50% votes

British · United Kingdom · Age 66

First Floor, Cromwell House, 14, Fulwood Place, London, WC1V 6HZ

Notified 30/05/2020

Charges1 outstanding

charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 20/06/2001Registered 21/06/2001
charge
satisfied

THE GOVERNOR & THE COMPANY OF THE BANK OF IRELAND

Created 22/04/1996Registered 26/04/1996Satisfied 18/12/2008

CompanyRankvs 375+ SIC 46730 peers
66

Financial strength69th percentile among SIC peers · 17/25
Employees57th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.02× · 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 strength17/25 pts

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

Employees9/15 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 31/05/2025

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

2avg. employees

Tax at Year End(2023)

Corp tax£5k

Balance Sheet

Assets less current liabilities£534k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.02+£0
20252.02+£0
20241.84+£0
20231.55+£0
20221.47+£0
20211.46+£0
20201.74+£0
20191.58+£0
20181.44

Derived from filed accounts. Not audited figures.