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Company No. 09195591 · Incorporated 30 Aug 2014

Great Yarmouth Norse Limited

Registered name: GREAT YARMOUTH NORSE LIMITED

Part of Norfolk County Council group

Great Yarmouth Norse Limited made £8.4m revenue and £107k profit in the year to 31 Mar 2024.

Great Yarmouth Norse Limited’s revenue fell 14% to £8.4m in the year to 31 Mar 2024, with £107k profit and 70 employees. The company is classified under “other service activities” and is based in Norwich; we hold 2 years of its filed accounts.

Status
Active
Location
Norwich
Age
12 yrs · since 2014
Type
Private Limited Company
Latest accounts · year to 31 Mar 2024

Key figures

Revenue
£8.4m
Growth ▼13.8%
Profit
£107k
Growth ▲190.6%
Profit margin
1.3%
Gross 22.3%
Employees
70
Change ▼13.6%
Profit / employee
£1.5k
Revenue/employee £119k
Profitable streak
2yrs
Consecutive profitable years in our data
2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Mar 202331 Mar 2024
DisclosureFull P&LFull P&L
Profit & loss
Revenue (turnover)£9.7m£8.4m
Cost of sales−£7.5m−£6.5m
Gross profit£2.2m£1.9m
Operating profit£47.2k£122k
Profit before tax£54.3k£122k
Profit after tax£36.8k£107k
Profit (best available)£36.8k£107k
Employees (average)8170
Ratios
Profit margin0.4%1.3%
Gross margin22.2%22.3%
Revenue per employee£120k£119k
Profit per employee£454£1.5k
Growth (year on year)
Revenue growth—▼13.8%
Profit growth—▲190.6%
Headcount growth—▼13.6%
Balance sheet — indirect signals, not revenue
Net assets——
SourceAccounts · bulk data Jan 2025Accounts · bulk data Jan 2025
Derived from the latest filing

How the business works

Profit margin
1.3%
Profit ÷ revenue.
Gross margin
22.3%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£119k
Revenue ÷ average employees.
Profit per employee
£1.5k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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
—
Now —
Cash at bank
—
Now —
Headcount
▼14%
Now 70
Deferred income
—
Now —
Fixed assets
—
Now —
Corporate ownership

Group structure

Ownership chain

  1. Norfolk County Council (registered outside the UK register)ultimate parent75–100%
  2. Norse Group Limited75–100%
  3. Norse Commercial Services Limited75–100%
  4. Great Yarmouth Norse Limitedthis company

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

Sister companies (26)

Minority corporate shareholders

  • Great Yarmouth Borough Council (registered outside the UK register)

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

Sources

Latest figures from accounts for the year to 31 Mar 2024 (profit £107k), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.

Updated from Companies House on 15 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.