Nortons Assurance Limited
Registered name: NORTONS ASSURANCE LIMITED
Nortons Assurance Limited made £2.3m revenue and a £728k loss in the year to 31 Dec 2023.
Nortons Assurance Limited’s revenue grew 19% to £2.3m in the year to 31 Dec 2023, with a loss of £728k and 22 employees. The company is classified under “accounting and auditing activities” and is based in London; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £1.9m | £2.3m |
| Cost of sales | £1.4m | £1.5m |
| Gross profit | £572k | £810k |
| Operating profit | £688k | −£476k |
| Profit before tax | £595k | −£635k |
| Profit after tax | £629k | −£728k |
| Profit (best available) | £629k | −£728k |
| Employees (average) | 22 | 22 |
| Ratios | ||
| Profit margin | 32.4% | −31.4% |
| Gross margin | 29.4% | 35% |
| Revenue per employee | £88.3k | £105k |
| Profit per employee | £28.6k | −£33.1k |
| Growth (year on year) | ||
| Revenue growth | — | ▲19.1% |
| Profit growth | — | ▼215.8% |
| Headcount growth | — | 0% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £533k | £133k |
| Net assets | £4m | £3.3m |
| Fixed assets | £4.9m | £4.5m |
| Current assets | £4.3m | £4.6m |
| Debtors | £3.8m | £4.4m |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 |
How the business works
- Profit margin
- −31.4%
- Profit ÷ revenue.
- Gross margin
- 35%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £105k
- Revenue ÷ average employees.
- Profit per employee
- −£33.1k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 194.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 191.8%
- Money owed by customers. Low = customers pay quickly.
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
- ▼18%
- Now £3.3m
- Cash at bank
- ▼75%
- Now £133k
- Headcount
- 0%
- Now 22
- Deferred income
- —
- Now —
- Fixed assets
- ▼8%
- Now £4.5m
Group structure
Minority corporate shareholders
- Vistra Holdings (UK) Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£728k), from the Companies House accounts bulk data published Aug 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.