Norsk European Wholesale Limited
02847809
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
30/09/2026
Confirmation statement
Last: 25/08/2025
Due 08/09/2026
Industry
Officers
Nigel David Meeking
director · Since 25/08/1993
British
Former
Helen Meeking
secretary · Resigned 01/11/1999
Naveed Nazir
secretary · Resigned 30/04/2017
Arm Secretaries Limited
corporate nominee secretary · Resigned 25/08/1993
James Mcconnell
director · Resigned 01/10/1995
Jamie Mcconnell
director · Resigned 31/03/2015
Alan Robert Milne
nominee director · Resigned 25/08/1993
CompanyRankvs 4160+ SIC 53201 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
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 director with respect to g
Key FinancialsYear ending 31/12/2024
Turnover
£32.0M
Annual revenue
Net Worth
£553k
Balance sheet strength
Cash
£82k
Cash in the bank
Profit Before Tax
-£258k
Bottom line earnings
Net Current Assets
-£898k
Working capital
Current Assets
£6.5M
Current Liabilities
£7.4M
Fixed Assets
£2.2M
Debtors
£6.4M
Cost of Sales
£21.7M
Gross Profit
£10.4M
Admin Expenses
£10.1M
Operating Profit
-£65k
Profit After Tax
-£208k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.88 | -£352k |
| 2023 | 0.93 | — |
Derived from filed accounts. Not audited figures.