NORSE DEVELOPMENT COMPANY LIMITED - Profile & Financials

Accounts Submitted 16 Dec 2025

Confirmation Statement Submitted 11 Aug 2025

Net assets £-8.62M £238.34K 2023 year on year

Total assets £563.08K £262.87K 2023 year on year

Total Liabilities £9.18M £501.21K 2023 year on year

Charges None No charges registered

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Contact & Details

Contact

Update Details

Registered Address

280 Fifers Lane Norwich Norfolk NR6 6EQ United Kingdom

Credit Report

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Mutual Companies

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Financials

Period 1 Jan → 31 Dec 2023

Type Total Exemption Full

Next accounts 31 December 2024

Due by 30 September 2025 9 months

Net Assets, Total Assets & Total Liabilities (2015–2023)

Cash in Bank

£5.50k

Decreased by £153.47k (-97%)

Net Assets

-£8.62M

Increased by £238.34k (+3%)

Total Liabilities

£9.18M

Decreased by £501.21k (-5%)

Turnover

£496.79k

Employees

N/A

Decreased by 1 (-100%)

Debt Ratio

1631%

Increased by 459 (+39%)

Financial History

Revenue, profit, EBITDA and key financial figures

	2023 Dec Year End	2022 Dec Year End
P&L
Revenue	£142.3M	£128.7M
Gross Profit	£48.2M	£43.1M
Operating Profit	£22.4M	£19.8M
Net Profit	£18.1M	£15.9M
EBITDA	£31.5M	£28.2M
Assets
Cash	£24.7M	£21.3M
Total Assets	£89.4M	£82.1M
Liabilities
Total Liabilities	£45.2M	£41.8M
Key Metrics
Employees	1,247	1,156

Latest Revenue

£142.3M

Latest EBITDA

£31.5M

Cash Position

£24.7M

Funding

Fundraising & Grants

No fundraising or grants recorded

Investors (0)

No investor information available

Officers

1 active 4 resigned

Show resigned officers

						Status
Justin Frederick Lloyd Charles Galliford	Director	British	England	47	26 Apr 2022	Active

Shareholders

Shareholders (1)


Norse Group Holdings Limited	100.0%	1	Ordinary	11 Aug 2025

Persons with Significant Control

Persons with Significant Control (1)

1 Active 1 Ceased

Norse Group Services Limited

United Kingdom

Active

Notified 31 Mar 2021

Nature of Control

Ownership Of Shares 75 To 100 Percent
Voting Rights 75 To 100 Percent
Right To Appoint And Remove Directors

Nps Property Consultants Limited

Ceased 31 Mar 2021

Ceased

See All Controllers

Group Structure

NORSE GROUP HOLDINGS LIMITED united kingdom shares 75 to 100 percent, voting rights 75 to 100 percent, appoint/remove directors

NORSE GROUP LIMITED united kingdom

NORSE DEVELOPMENT COMPANY LIMITED Current Company

Charges

No charges registered

Documents

Company Filings

Date	Category	Description	Document
16 Dec 2025	Other	Notice of agreement to exemption from audit of accounts for period ending 31/03/25	View
16 Dec 2025	Accounts	Annual accounts made up to 2025-03-31	View
16 Dec 2025	Accounts	Annual accounts filed	View
16 Dec 2025	Other	Audit exemption statement of guarantee by parent company for period ending 31/03/25	View
11 Aug 2025	Confirmation Statement	Confirmation statement made on 2025-08-07 with updates	View(4 pages)