Norco Group

Norco Group Limited was founded by its present owners in 1991 as a battery rental company and has grown from its small beginnings into a significant player in the electrical storage market with unrivalled experience and expertise in the delivery of innovative solutions to support the demand for stored electrical energy across a wide range of applications. Norco Charger Division specialises in the consultancy, design, manufacture and installation of bespoke single and three phase industrial chargers used to provide critical power systems within the industrial environment. Our expertise covers both on and off shore installations. The mission of the charger division is to combine knowledge of design, manufacture and support to provide the customer with a complete solution throughout the life cycle of the product. Design Norco engineers provide a range of skills as part of an integrated bespoke charger design service. The design team includes project managers, software, firmware, electronic and electrical engineers, allowing the tailoring of all aspects of the charger design ranging from panel layout to high level software protocols.. Manufacture Norco Charger Division supports a small UK based specialised manufacturing cell. This ensures excellent communication between the system design team and production, a fast turn around and the ability to support, service and repair equipment. Support Norco’s field support engineers use their expertise in Uninterrupted Power Supply systems to provide a comprehensive range of services to support customer project needs. From equipment start-up and personnel training to long-term maintenance, we are committed to sustaining the life of your equipment and improving power reliability.
Company Growth (employees)
Type
Private
HQ
Dyce, GB
Founded
1991
Size (employees)
33 (est)
Norco Group was founded in 1991 and is headquartered in Dyce, GB

Norco Group Office Locations

Norco Group has an office in Dyce
Dyce, GB (HQ)
Pitmedden Rd

Norco Group Data and Metrics

Summary Metrics

Founding Date

1991

Norco Group Financial Metrics

Norco Group's revenue was reported to be £7.9 m in FY, 2015 which is a 8% decrease from the previous period.
GBP

Revenue (FY, 2015)

7.9 m

Revenue growth (FY, 2014 - FY, 2015), %

(8%)

Gross profit (FY, 2015)

3 m

Gross profit margin (FY, 2015), %

38%

Net income (FY, 2015)

1.2 m

Cash (29-Sep-2015)

432
GBPFY, 2013FY, 2014FY, 2015

Revenue

7.3 m8.6 m7.9 m

Revenue growth, %

18%(8%)

Cost of goods sold

4.9 m5.7 m4.9 m

Gross profit

2.3 m2.9 m3 m

Gross profit Margin, %

32%34%38%

Operating expense total

1.8 m1.8 m2 m

Pre tax profit

480 k1 m967.4 k

Net Income

315.6 k958.5 k1.2 m
GBPFY, 2013FY, 2014FY, 2015

Cash

432432432

Accounts Receivable

1.9 m2.1 m1.7 m

Current Assets

2.6 m2.8 m2.4 m

PP&E

2.8 m2.6 m2.6 m

Total Assets

5.3 m5.3 m5 m

Accounts Payable

570.8 k701.9 k508 k

Current Liabilities

3.1 m2.9 m2 m

Total Liabilities

3.7 m3.1 m2.1 m

Retained Earnings

315.6 k538.5 k764.4 k

Total Equity

1.7 m2.2 m3 m

Financial Leverage

3.2 x2.4 x1.7 x
GBPFY, 2013FY, 2014FY, 2015

Cash From Operating Activities

1.2 m1.2 m829.8 k

Cash From Financing Activities

(656.5 k)(25.5 k)19 k

Income Taxes Paid

(164.4 k)(55.1 k)197.1 k
Y, 2015

Financial Leverage

1.7 x

Norco Group Online and Social Media Presence

Norco Group Company Life and Culture

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