Norwest Plant Limited
Registered name: NORWEST PLANT LIMITED
Part of Ballyvesey Industries Limited groupNorwest Plant Limited made £10.8m revenue and a £620k loss in the year to 30 Sep 2024.
Norwest Plant Limited’s revenue fell 30% to £10.8m in the year to 30 Sep 2024, with a loss of £620k and 19 employees. The company is classified under “repair of machinery” and is based in Newtownabbey; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Newtownabbey
- Age
- 14 yrs · since 2011
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 30 Sep 2022 | 30 Sep 2023 | 30 Sep 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £15.9m | £15.3m | £10.8m |
| Cost of sales | −£14.7m | −£14.3m | −£10.1m |
| Gross profit | £1.2m | £1m | £698k |
| Operating profit | £180k | −£68.8k | −£628k |
| Profit before tax | £214k | −£84k | −£696k |
| Profit after tax | £240k | −£151k | −£620k |
| Profit (best available) | £240k | −£151k | −£620k |
| Employees (average) | 26 | 18 | 19 |
| Ratios | |||
| Profit margin | 1.5% | −1% | −5.8% |
| Gross margin | 7.6% | 6.6% | 6.5% |
| Revenue per employee | £611k | £850k | £566k |
| Profit per employee | £9.2k | −£8.4k | −£32.6k |
| Growth (year on year) | |||
| Revenue growth | — | ▼3.7% | ▼29.6% |
| Profit growth | — | ▼163% | — |
| Headcount growth | — | ▼30.8% | ▲5.6% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2024 | Accounts · bulk data Jun 2025 |
How the business works
- Profit margin
- −5.8%
- Profit ÷ revenue.
- Gross margin
- 6.5%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £566k
- Revenue ÷ average employees.
- Profit per employee
- −£32.6k
- 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.
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
- ▲6%
- Now 19
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Ballyvesey Industries Limitedultimate parent75–100%
- Ballyvesey Holdings Limited75–100%
- Norwest Plant Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (17)
- Midlands Truck & Van LimitedRev. £200m · Profit £420k
- Heathrow Truck Centre LimitedRev. £167m · Profit £4.8m
- West Pennine Trucks LimitedRev. £141m · Profit £3.7m
- Sapphire Vehicle Services LimitedRev. £36.2m · Profit £590k
- Centurion Truck Rental LtdRev. £34m · Profit −£1.3m
- Montgomery Transport LimitedRev. £25.4m · Profit £1.7m
- Construction Equipment Distribution LimitedRev. £12m · Profit −£14.5k
- Montgomery Tank Services LimitedRev. £8.3m · Profit −£909k
- Commercial Vehicle Auctions LimitedRev. £6.5m · Profit £2m
- East West Transport LimitedFigures not disclosed
- Eurofleet Rental LimitedRev. — · Profit −£9.7m
- Intercounty Truck and Van LimitedFigures not disclosed
- Midlands Warehousing LimitedFigures not disclosed
- Montgomery Transport 88 LimitedFigures not disclosed
- Morrey Oils LimitedFigures not disclosed
- Norwest Vehicle Systems LimitedFigures not disclosed
- Sleator Plant LimitedRev. — · Profit −£87k
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 30 Sep 2024 (profit −£620k), from the Companies House accounts bulk data published Jun 2025. Spotted an error? Request a correction.
Updated from Companies House on 20 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.