NORDELL LIMITED

1. NORDELL LIMITED 1994-10-28 → present
2. CLASHTECH LIMITED 1994-09-27 → 1994-10-28

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PHH Accountancy Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' 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

1. NORDELL LIMITED · parent
   1. Business Data Supplies Limited 100% · Dormant
   2. Component Moulders Limited 100% · Dormant
   3. P.B. Extrusions Limited 100% · Dormant

Significant events

• “The company made significant strides in optimising production efficiency, enhancing its gross margin through targeted process improvements, better rescurce utilisation, and quality-focused operational controls. This focus resulted in an increase in gross profit margin from 29.5% to 36.5% year-on-year, demonstrating tangible improvement in operational performance. The company saw an an improved profit after tax of £0.5 million in the year compared to £0.1 million in the year to 31 October 2023.”
• “These improvements were underpinned by a commitment to lean principles and data-driven decision making, resulting in higher output consistency and improved manufacturing operations effectiveness.”
• “Further investment in team development, cross-skilling, and leadership capability ensured that Nordell maintained flexibility and quality in a competitive trading landscape. Use of integrated systems, including real-time ERP-driven planning and production visibility, allowed for improved agility and service delivery.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -9.8%

  £9,106,117 → £8,210,717

• Cash

  +767.7%

  £1,967 → £17,067

  highest in 3 filed years

• Net assets

  +8.8%

  £3,669,937 → £3,993,331

  highest in 3 filed years

• Employees

  -16.5%

  109 → 91

• Operating profit

  +256.2%

  £149,110 → £531,171

• Profit before tax

  +508.8%

  £82,396 → £501,596

• Wages

  -5.7%

  £3,128,796 → £2,950,050

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