NORSK EUROPEAN WHOLESALE LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-09-08 (in 4mo)
Last made up 2025-08-25
Watchouts
None on the register
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
Net assets
7-year trend · vs Industrials median
Accounts
7-year trend · latest reflected 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 the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | — | 1.0% | -0.2% | |
| Net margin | — | — | — | — | — | 0.3% | -0.6% | |
| Return on capital employed | — | — | — | — | — | 17.0% | -5.0% | |
| Interest cover | — | — | — | — | — | 2.23x | -0.34x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- 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.”
Group structure
- NORSK EUROPEAN WHOLESALE LIMITED · parent
- 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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-13.5%
£37,039,487 £32,038,749
-
Cash
-52.1%
£170,249 £81,503
-
Net assets
-38.9%
£905,241 £553,331
-
Employees
-19.6%
189 152
-
Operating profit
-118.4%
£353,340 -£65,177
-
Profit before tax
-231.5%
£195,966 -£257,790
-
Wages
-17.6%
£6,775,838 £5,586,144
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers