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Company No. 00380480 · Incorporated 8 May 1943

Norbar Torque Tools Limited

Registered name: NORBAR TORQUE TOOLS LIMITED

Part of Snap-On Incorporated group

Norbar Torque Tools Limited made £41.4m revenue and £1.5m profit in the year to 31 Dec 2025.

Norbar Torque Tools Limited’s revenue grew 2% to £41.4m in the year to 31 Dec 2025, with £1.5m profit and 313 employees. The company is classified under “manufacture of tools” and is based in Banbury; we hold 4 years of its filed accounts.

Status
Active
Location
Banbury, South East
Age
83 yrs · since 1943
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2025

Key figures

Operating leverageDoing more with less
Revenue
£41.4m
Growth ▲2%
Profit
£1.5m
Growth ▲36%
Profit margin
3.6%
Gross 37.3%
Employees
313
Change ▼2.5%
Profit / employee
£4.8k
Revenue/employee £132k
Profitable streak
4yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 202331 Dec 202431 Dec 2025
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£37.5m£41.8m£40.6m£41.4m
Cost of sales£23.8m£26.3m£25.7m£26m
Gross profit£13.7m£15.5m£14.9m£15.5m
Operating profit£3.4m£2.7m£365k£1.3m
Profit before tax£3.5m£3.3m£1.1m£1.9m
Profit after tax£3m£2.2m£1.1m£1.5m
Profit (best available)£3m£2.2m£1.1m£1.5m
Staff costs£15.1m£15.9m£16.7m£17.2m
Employees (average)330321321313
Ratios
Profit margin8%5.3%2.7%3.6%
Gross margin36.5%37%36.6%37.3%
Revenue per employee£114k£130k£127k£132k
Profit per employee£9.1k£6.9k£3.4k£4.8k
Growth (year on year)
Revenue growth—▲11.3%▼2.8%▲2%
Profit growth—▼26%▼50.5%▲36%
Headcount growth—▼2.7%0%▼2.5%
Balance sheet — indirect signals, not revenue
Cash at bank£431k£348k£774k£429k
Net assets£28.3m£30.5m£31.6m£33.1m
Fixed assets£8.8m£8.7m£10.3m£10.2m
Current assets£25.6m£29.7m£29.7m£32.4m
Debtors£4m£3.9m£4.8m£4.5m
SourceFullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2024FullAccounts · bulk data Sep 2025FullAccounts · bulk data Sep 2026
Derived from the latest filing

How the business works

Profit margin
3.6%
Profit ÷ revenue.
Gross margin
37.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£132k
Revenue ÷ average employees.
Profit per employee
£4.8k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
24.5%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
10.9%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲5%
Now £33.1m
Cash at bank
▼45%
Now £429k
Headcount
▼2%
Now 313
Deferred income
—
Now —
Fixed assets
▼1%
Now £10.2m
Corporate ownership

Group structure

Ownership chain

  1. Snap-On Incorporated (registered outside the UK register)ultimate parent75–100%
  2. Snap-on Investment Limited75–100%
  3. Snap-on Business Solutions Limited75–100%
  4. Snap-on U.K. Holdings Limited75–100%
  5. Norbar Torque Tools Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (1)

Sister companies (2)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.5m), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.

Updated from Companies House on 11 Oct 2026

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.