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Nordell Limited

02971665

active
Private Limited Company
Companies House
Health Score
77 / 100

Some Concerns

25/30
Filing
20/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 4 outstanding charges (-8)

Details

4 & 5 TEVILLE INDUSTRIALS, WORTHING, BN14 8NW
Incorporated 27/09/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Paul James Mason

director · Since 01/04/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 4 other boards

Andrew Ashley Charles Hodge

director · Since 01/03/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Mr Paul Stephen Rowe

director · Since 01/03/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Mark Andrew Briggs

secretary · Since 30/03/2017

Persons with Significant Control

Nordell Group Limited

75–100% shares
75–100% votes

4 & 5 Teville Industrials, Dominion Way, Worthing, BN14 8NW

Reg: 05310629 · Companies House · Limited Company

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 16/04/2024Registered 17/04/2024
Charge
satisfied

HSBC BANK PLC

Created 23/04/2013Registered 25/04/2013Satisfied 22/04/2026
charge
outstanding

HSBC BANK PLC

Created 22/03/2013Registered 30/03/2013
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 26/03/2013Registered 28/03/2013
charge
satisfied

HSBC BANK PLC

Created 11/10/2002Registered 18/10/2002Satisfied 05/03/2013
charge
satisfied

MIDLAND BANK PLC

Created 22/05/1998Registered 27/05/1998Satisfied 05/03/2013
charge
satisfied

GRIFFIN CREDIT SERVICES LIMITED

Created 18/03/1998Registered 21/03/1998Satisfied 17/04/2008
charge
outstanding

MIDLAND BANK PLC

Created 23/01/1995Registered 01/02/1995

CompanyRankvs 43+ SIC 22290 peers
69

Financial strength95th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.65× · 20/20
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 strength24/25 pts

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

Employees15/15 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

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

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 directors with respect to

Key FinancialsYear ending 31/10/2024

Net Worth

£4.0M

Balance sheet strength

Cash

£17k

Cash in the bank

Profit Before Tax

£502k

Bottom line earnings

Net Current Assets

£3.2M

Working capital

Current Assets

£4.3M

Current Liabilities

£1.2M

Fixed Assets

£1.3M

Debtors

£3.2M

Cost of Sales

£5.2M

Admin Expenses

£2.5M

Profit After Tax

£526k

91avg. employees-18

Tax at Year End

Corp tax£33k
Dividends paid£188k

People Costs

Wages & salaries£3.0M

Balance Sheet

Intangible assets£24k
Bank loans & overdrafts£0
Assets less current liabilities£4.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20243.65+£323k
20232.68-£86k
20221.93+£391k
20211.89

Derived from filed accounts. Not audited figures.