UK Companies House feature
NORSK EUROPEAN WHOLESALE LIMITED
Cash
£82K
-52.1% vs 2023
Net assets
£553K
-38.9% vs 2023
Employees
152
-19.6% vs 2023
Profit before tax
-£258K
-231.5% vs 2023
Profile
- Company number
- 02847809
- Status
- Active
- Incorporation
- 1993-08-25
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 53201
Net assets
7-year trend · vs UK Logistics & Mobility median
Accounts
7-year trend · latest 2024-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | — | £37,039,487 | £32,038,749 | |
| Operating profit | — | — | — | — | — | £353,340 | -£65,177 | |
| Profit before tax | — | — | — | — | — | £195,966 | -£257,790 | |
| Net profit | — | — | — | — | — | £129,591 | -£207,910 | |
| Cash | — | — | — | — | — | £170,249 | £81,503 | |
| Total assets less current liabilities | — | — | — | — | — | £2,078,868 | £1,316,146 | |
| Net assets | — | — | — | — | — | £905,241 | £553,331 | |
| Equity | £753,084 | £754,393 | — | — | — | £905,241 | £553,331 | |
| Average employees | — | — | — | — | — | 189 | 152 | |
| Wages | — | — | — | — | — | £6,775,838 | £5,586,144 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MGR MAP Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, 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.”
Subsidiaries
- Norsk Global Limited
- Norsk Global B.V.
Significant events
- “The company invested significantly in technology and infrastructure, including £480k in software development and £117k in tangible assets.”
- “Access to the fulfilment centre in the Netherlands is proving to be a promising development, enhancing access to EU markets and improving service for UK customers post-Brexit.”
- “the company continues to modernise its legacy systems to improve data accuracy, customer experience, and operational efficiency.”
- “During the year, the company undertook a strategic restructuring programme as part of broader investment in operational and administrative efficiency. This included enhancements to systems, process automation, and IT infrastructure designed to support long term capability and improved service delivery.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
1 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MEEKING, Nigel David | Director | 1993-08-25 | Apr 1959 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MEEKING, Helen | Secretary | 1993-08-25 | 1999-11-01 |
| NAZIR, Naveed | Secretary | 1999-11-01 | 2017-04-30 |
| ARM SECRETARIES LIMITED | Corporate Nominee Secretary | 1993-08-25 | 1993-08-25 |
| MCCONNELL, James | Director | 1994-01-01 | 1995-10-01 |
| MCCONNELL, Jamie | Director | 1997-01-01 | 2015-03-31 |
| MILNE, Alan Robert | Nominee Director | 1993-08-25 | 1993-08-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Nigel David Meeking | Individual | Shares 75–100%, Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 100 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-09-29 | AA | accounts | accounts with accounts type full |
| 2025-09-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-04-04 | CH01 | officers | change person director company with change date |
| 2024-09-27 | AA | accounts | accounts with accounts type full |
| 2024-09-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-26 | AA | accounts | accounts with accounts type full |
| 2023-09-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-01-30 | AD01 | address | change registered office address company with date old address new address |
| 2023-01-30 | AD01 | address | change registered office address company with date old address new address |
| 2022-09-20 | AA | accounts | accounts with accounts type full |
| 2022-09-01 | CS01 | confirmation-statement | confirmation statement with updates |
| 2021-09-07 | SH01 | capital | capital allotment shares |
| 2021-09-02 | AA | accounts | accounts with accounts type full |
| 2021-09-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2020-12-31 | AA | accounts | accounts with accounts type full |
| 2020-08-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-08-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-06-27 | AA | accounts | accounts with accounts type full |
| 2018-09-17 | AA | accounts | accounts with accounts type full |
| 2018-08-28 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-31
-0.72
DISTRESS
Altman Z″
- Working capital / Total assets -0.114 × 6.56 = -0.75
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets -0.008 × 6.72 = -0.06
- Book equity / Total liabilities 0.075 × 1.05 = +0.08
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory