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Company No. 09891365 · Incorporated 26 Nov 2015

Norse South East Limited

Registered name: NORSE SOUTH EAST LIMITED

Part of Norfolk County Council group

Norse South East Limited made £9m revenue and £35.4k profit in the year to 31 Mar 2024.

Norse South East Limited’s revenue fell 29% to £9m in the year to 31 Mar 2024, with £35.4k profit and 145 employees. The company is classified under “combined facilities support activities” and is based in Norwich; we hold 2 years of its filed accounts.

Full P&L filedSIC 81100Combined facilities support activities
Status
Active
Location
Norwich
Age
10 yrs · since 2015
Type
Private Limited Company
Latest accounts · year to 31 Mar 2024

Key figures

Revenue
£9m
Growth ▼28.9%
Profit
£35.4k
Growth —
Profit margin
0.4%
Gross 20.8%
Employees
145
Change ▼34.1%
Profit / employee
£244
Revenue/employee £61.9k
Profitable streak
1yr
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)£12.6m£9m
Cost of sales−£10.6m−£7.1m
Gross profit£2m£1.9m
Operating profit−£235k£30.5k
Profit before tax−£235k£30.5k
Profit after tax−£190k£35.4k
Profit (best available)−£190k£35.4k
Employees (average)220145
Ratios
Profit margin−1.5%0.4%
Gross margin15.9%20.8%
Revenue per employee£57.4k£61.9k
Profit per employee−£862£244
Growth (year on year)
Revenue growth—▼28.9%
Headcount growth—▼34.1%
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
0.4%
Profit ÷ revenue.
Gross margin
20.8%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£61.9k
Revenue ÷ average employees.
Profit per employee
£244
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
▼34%
Now 145
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. Norse South East Limitedthis company

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

Sister companies (26)

Minority corporate shareholders

  • Havant Borough Council (registered outside the UK register)

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

Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Mar 2024 (profit £35.4k), from the Companies House accounts bulk data published Jan 2025. Spotted an error? Request a correction.

Updated from Companies House on 16 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.