NORCROS GROUP (HOLDINGS) LIMITED

Active
Company number 00566694Private limited companyIncorporated 1956

Key figures

£328,300,000+2.7%
Net assets 2024/25
+2.7%
Average annual growth 2023/24–2024/25
0100 m200 m300 m400 m2023/242024/25

† NORCROS GROUP (HOLDINGS) LIMITED filed these accounts on paper, so Companies House publishes them only as a scanned image. The figures for the years marked † were read automatically from the scan and kept only where the statements add up (for example net assets equal total equity), but a reading error is still possible — check the original accounts at Companies House.

Ratios

2024/25

Sector comparison

SIC 16210

Where the company stands among the 247 active companies whose first SIC code is 16210 (Manufacture of veneer sheets and wood-based panels).

Net assets£328,300,000
Higher than 99% · median £66,640
Total assets£523,400,000
Higher than 99% · median £294,530
Cash£21,800,000
Higher than 97% · median £96,124
Employees787
Higher than 97% · median 3
Company age70.5 years
Older than 98% · median 7.3 years
Largest in this sector by net assets
  1. NORCROS GROUP (HOLDINGS) LIMITED£328.3m
  2. WEST FRASER EUROPE LIMITED£299.5m
  3. KRONOSPAN LIMITED£167.9m
  4. EGGER (UK) LIMITED£135m
  5. UV GROUP PLC£16.9m
  6. TRIESSE LIMITED£16.4m
  7. WILLIAMS HOMES (BALA) LIMITED£15.3m
  8. FORZA DOORS LTD£12.8m
  9. DECORATIVE PANELS LAMINATION LIMITED£10.8m
  10. WOOD INTERNATIONAL AGENCY LIMITED£9.5m

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 247. The line on each bar marks the median.

Summary: NORCROS GROUP (HOLDINGS) LIMITED

What kind of company is it?

NORCROS GROUP (HOLDINGS) LIMITED is a private limited company registered with Companies House under company number 00566694. It was incorporated on 29 May 1956. Its status is active. The registered office is in Wilmslow (SK9). Its nature of business (SIC 2007) is manufacture of veneer sheets and wood-based panels (16210), manufacture of other electrical equipment (27900), activities of head offices (70100).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Mar 2025); the company files full accounts. Turnover was £249,600,000. Profit for the year was £17,600,000. Net assets were £328,300,000, up 2.7% on the previous year. Cash at bank and in hand was £21,800,000. Total assets were £523,400,000 and total liabilities £185,600,000. The company had an average of 787 employees. Figures are available for 2 financial years (2023/24–2024/25).

How does it compare with similar companies?

Compared with 247 active companies whose first SIC code is 16210: By net assets it ranks higher than 99% of them (median £66,640). By total assets it ranks higher than 99% of them (median £294,530). By cash it ranks higher than 97% of them (median £96,124). By number of employees it ranks higher than 97% of them (median 3). It is older than 98% of them (median age 7.3 years).

Does it supply the public sector?

The company is named as the supplier in one public contract award notice, from PROCURE PLUS HOLDINGS LIMITED. 1 of the awards is shared with other suppliers, typically framework agreements. It is recorded as the recipient of one central government grant worth £18.5k, from Department for Science, Innovation and Technology.

What do public registers and reports show?

It appears on the Home Office register of licensed sponsors (Global Business Mobility: Senior or Specialist Worker, Skilled Worker). HMRC lists it as an importer of goods, mainly furniture and lighting, optical, medical and measuring instruments, electrical equipment. HMRC lists it as an exporter of goods, mainly plastics, ceramics, iron and steel articles. In its latest payment practices report it took an average of 42 days to pay suppliers, and 54% of invoices were not paid within agreed terms. Its gender pay gap report for 2025/26 shows median hourly pay for women 16.4% lower than for men. It has modern slavery statements on the government registry for 4 years.

Who runs and controls the company?

One person with significant control is registered.

When are its next filings due?

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 2 Oct 2027.

Filed accounts2023/24–2024/25
2023/24 †2024/25 †
Turnover274,900,000249,600,000
Profit for the year37,400,00017,600,000
Cash at bank and in hand20,400,00021,800,000
Total assets533,400,000523,400,000
Total liabilities194,800,000185,600,000
Net assets / total equity319,600,000328,300,000
Average number of employees1,086787

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Public contracts

1 contract

NORCROS GROUP (HOLDINGS) LIMITED is named as a supplier in 1 public contract award notice from PROCURE PLUS HOLDINGS LIMITED. 1 award is shared with other suppliers.

Contract
  1. Re:allies Framework Agreement for the Supply of Goods and MaterialsPROCURE PLUS HOLDINGS LIMITED · shared by 75 suppliers, up to £708,000,000 in total

From contract award notices on Contracts Finder (since 2016) and Find a Tender (since 2021), published by the Cabinet Office under the Open Government Licence v3.0. Values are as published by the buyer and usually cover the whole contract term; the total leaves out awards shared between several suppliers, where the published figure is a ceiling for all of them, placeholder values and single figures of £1 billion or more. Contracts below the publication thresholds and those of devolved buyers that publish elsewhere are not included.

Government grants

1 grant

NORCROS GROUP (HOLDINGS) LIMITED is recorded as the recipient of 1 central government grant, worth £18.5k.

Grant
  1. University of Sheffield (The) and Norcros Group (Holdings) Limited KTP 21_22 R5Department for Science, Innovation and Technology · £18,453 · UKRI - Innovate UK - Scheme

From the Government Grants Register published by the Cabinet Office (financial years 2016/17 onwards, Open Government Licence v3.0). It covers grants from central government departments and their agencies where the register states the recipient's company number and the recipient name matches this company; grants from local authorities, lottery distributors and devolved governments are not included.

Statutory reporting

Payment practices1 Apr 2026 – 30 Sep 2026
Average time taken to pay invoices
42 days
Invoices not paid within agreed terms
54%
Standard payment terms
0–180 days
Member of a payment code
No
  • Within 30 days 39%
  • 31 to 60 days 41%
  • After 60 days 20%
Earlier periods (7)
Period ending
Days to pay
Within 30 days
Late
31 Mar 2026
42
35%
51%
30 Sep 2025
46
30%
57%
31 Mar 2025
42
38%
70%
30 Sep 2024
47
31%
67%
31 Mar 2024
54
28%
68%
30 Sep 2023
54
23%
69%
31 Mar 2023
51
27%
67%

View the latest report on GOV.UK

Gender pay gap2025/26
Median hourly pay
women 16.4% lower
Mean hourly pay
women 21.2% lower
Median bonus pay
women 80% higher
Employer size
500 to 999 employees
Lower pay quarter56.8% womenLower middle51.4% womenUpper middle39.8% womenUpper pay quarter33.9% women
Earlier years (8)
Year
Median hourly pay
Mean hourly pay
2024/25
women 3.2% lower
women 9.5% lower
2023/24
women 4.6% lower
women 11.8% lower
2022/23
women 14.9% lower
women 22% lower
2021/22
women 18.2% lower
women 21.9% lower
2020/21
women 10.4% higher
women 8.8% lower
2019/20
women 10.8% lower
women 19.8% lower
2018/19
women 21.4% lower
women 21.8% lower
2017/18
women 20.5% lower
women 20.2% lower

A positive gap means women's average hourly pay is lower than men's across the whole employer; it is not a comparison of pay for the same work. View on the Gender pay gap service

Modern slavery statements4
2026
Statement · summary on GOV.UK · group statement
2025
Statement · summary on GOV.UK
2024
Statement · summary on GOV.UK
Earlier years (1)

Figures the company reported itself to the government's Check payment practices service, Gender pay gap service and Modern slavery statement registry (Open Government Licence v3.0). Only large companies and employers with 250 or more staff have to report, so most companies have nothing here.

Registers and licences

Sponsor licence‡
Licence type and rating
Worker (A rating)
Routes
Global Business Mobility: Senior or Specialist Worker, Skilled Worker

On the Home Office register of licensed sponsors, which lists organisations licensed to sponsor workers from overseas.

International trade‡

Listed by HMRC as an importer of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: furniture and lighting, optical, medical and measuring instruments, electrical equipment, plastics and rubber.

Listed by HMRC as an exporter of goods in 12 of the last 12 months on record, most recently August 2026. Main goods: plastics, ceramics, iron and steel articles, copper and aluminium.

From HMRC's monthly lists of importers and exporters. Traders can ask to be left off the lists, so absence does not mean a company does not trade.

Sources: Charity Commission for England and Wales, Care Quality Commission, Home Office and HM Revenue & Customs, under the Open Government Licence v3.0. Entries marked ‡ come from lists that do not state a company number and were linked by an exact match on the registered name.

History

5 events
  1. Financial year 2024/25 endedAccounts: turnover £249.6m, net assets £328.3m, 787 employees
  2. Financial year 2023/24 endedAccounts: turnover £274.9m, net assets £319.6m, 1,086 employees
  3. Norcros Plc registered as a person with significant control
  4. Name changed to NORCROS GROUP (HOLDINGS) LIMITEDPreviously NORCROS LIMITED
  5. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.