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K.G. Norman Limited

03557927

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

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

Details

UNIT 12 WELLS PLACE, REDHILL, RH1 3DR
Incorporated 05/05/1998

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 05/05/2026

Due 19/05/2027

On track

Industry

42910
Construction of water projects

Officers

Mr Jeffrey Ian Norman

director · Since 05/05/1998

ELECTRICAL MECHANICAL ENGINEER

BRITISH · UNITED KINGDOM · Age 68

Also on 3 other boards

Mr Christopher Norman

director · Since 30/08/2013

SALES EXECUTIVE

BRITISH · UNITED KINGDOM · Age 44

Also on 2 other boards

Mr Oliver Roger Tite

director · Since 03/01/2017

SALES EXECUTIVE

BRITISH · UNITED KINGDOM · Age 47

Also on 1 other board

Persons with Significant Control

Mr Jeffrey Ian Norman

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 68

Unit 12, Wells Place, Redhill, RH1 3DR

Notified 30/06/2016

Charges0 outstanding

charge
satisfied

CLYDESDALE BANK PLC

Created 15/12/2006Registered 21/12/2006Satisfied 12/06/2024
charge
satisfied

CLYDESDALE BANK PLC

Created 14/09/2006Registered 19/09/2006Satisfied 12/06/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/10/1998Registered 20/10/1998Satisfied 15/02/2024

CompanyRankvs 15+ SIC 42910 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.43× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 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

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 31/12/2024

Net Worth

£4.8M

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£3.2M

Working capital

Current Assets

£5.4M

Current Liabilities

£2.2M

Fixed Assets

£1.8M

Debtors

£3.3M

Cost of Sales

£6.0M

Admin Expenses

£3.9M

Profit After Tax

£1.5M

52avg. employees+1

Tax at Year End

Corp tax£388k
Dividends paid£750k

Director Loans(2016)

Company owes directors£65k

People Costs

Wages & salaries£2.8M

Balance Sheet

Intangible assets£0
Assets less current liabilities£4.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20242.43+£705k
20232.08+£441k
20222.17+£1.3M
20211.98-£252k
20202.59+£539k
20192.09+£55k
20182.09+£295k
20161.29

Derived from filed accounts. Not audited figures.