NORBAIN HOLDINGS LIMITED

1. NORBAIN HOLDINGS LIMITED 2015-01-28 → present
2. NORBAIN SD LIMITED 2012-07-04 → 2015-01-28
3. SPECIALIST HEATING COMPONENTS LIMITED 2010-01-28 → 2012-07-04
4. THOMAS BERKLEY LTD 2007-05-16 → 2010-01-28

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

Fiander Tovell Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After considering the Company's performance in the year to 31 December 2024, its future prospects and its cash flow forecasts, the Directors have full expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and at least for a period of twelve months from the date the financial statements are signed. In the unlikely event additional finance is required, Group support is confirmed as available. For this reason, the Directors continue to adopt the going concern basis in preparing the financial statements.”

Significant events

• “Turnover in the year increased by 1.3% from £121.6m to £123.2m largely through organic growth.”
• “Total operating costs increased from £113.4m to £116.4m and operating profit decreased from £8.2m to £6.8m, due to inflationary pressures in the market.”
• “Net assets increased from £50.9 to £52.9m and net current assets increased from £50.7m to £52.7m. The business has remained strongly cash generative with the company's net cash level including loans to and from group companies increasing from £28.8m to £34.1m at the respective year ends.”

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

1

last 12 months

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

• Turnover

  +1.4%

  £121,569,000 → £123,233,000

• Cash

  +3.9%

  £26,030,000 → £27,050,000

• Net assets

  +3.9%

  £50,903,000 → £52,904,000

• Employees

  +5.5%

  181 → 191

• Operating profit

  -17.2%

  £8,198,000 → £6,791,000

• Profit before tax

  -6.8%

  £8,669,000 → £8,080,000

• Wages

  -1.1%

  £9,560,000 → £9,455,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers