Company Overview
Norspace Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 31 October 1985, so this is a well established company. Norspace Limited has been in business for 40 years and 5 months. The accounts status is small and the accounts are next due on Wednesday 31 December 2025.
Registered Address

2 Glenavy Road, Upper Ballinderry, Lisburn, Antrim, BT28 2EU
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Companies House Data
Company NameNORSPACE LIMITED
Company NumberNI018913
Registered Office Address2 Glenavy Road
 Upper Ballinderry
 BT28 2EU
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date31/10/1985
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategorySMALL
Returns Next Due Date28/01/2017
Returns Last Made Up Date31/12/2015
Directors & Members
Show Resigned
Brian Bradford - Director
(British, 71 years old, born April 1955)
Appointed 31 October 1985
 Active
Sophie Maxwell - Director
(British, 38 years old, born April 1988)
Appointed 15 August 2018
 Active
Matthew Smyth - Director
(British, 42 years old, born April 1984)
Appointed 15 August 2018
 Active
Paul Smyth - Director
(British, 76 years old, born January 1950)
Appointed 31 October 1985
 Active
Secretaries
Show Resigned
Roisin McLernon - Secretary
Appointed 15 August 2018
 Active
Other Company Directorships
Brian Bradford
B S LIFT LIMITED
B S PUMPS LIMITED
BALLYSCOLLY HOLDINGS LIMITED
BALLYSCOLLY PROPERTIES LIMITED
BS SPACE LIMITED
ENVIRONMENTAL TECHNIQUES LIMITED
KILLEEN TRADING LIMITED
NI FORKLIFTS LTD
NORSPACE SERVICELOO LTD
NORTHERN GROUP LIMITED
NORTHERN LIFT TRUCKS (N.I.) LIMITED
TUGCO 123 LIMITED
TUGCO 345 LIMITED
Sophie Maxwell
NORSPACE SERVICELOO LTD
NORTHERN GROUP LIMITED
NORTHERN LIFT TRUCKS (N.I.) LIMITED
Matthew Smyth
NORSPACE SERVICELOO LTD
NORTHERN GROUP LIMITED
NORTHERN LIFT TRUCKS (N.I.) LIMITED
Paul Smyth
B S LIFT LIMITED
B S PUMPS LIMITED
BALLYSCOLLY PROPERTIES LIMITED
BS SPACE LIMITED
DANBY SYSTEMS LIMITED
ENVIRONMENTAL TECHNIQUES LIMITED
INSITUFORM ENVIRONMENTAL TECHNIQUES LIMITED
KILLEEN TRADING LIMITED
NI FORKLIFTS LTD
NORSPACE SERVICELOO LTD
NORTHERN LIFT TRUCKS (N.I.) LIMITED
PHENNICK COVE DEVELOPMENTS
SILVERVALE TRADING LIMITED
TUGCO 123 LIMITED
TUGCO 345 LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Balance Sheet
Fixed Assets 2,941,322 2,941,322 2,534,044
Current Assets 2,381,789 2,381,789 1,851,881
Creditors Due Within One Year 920,975 920,975 935,008
Working Cap 1,460,814 1,460,814 916,873
Total Assets Less Current Liabilities 4,402,136 4,402,136 3,450,917
Long-term Liabilities 1,228,749 1,228,749 715,571
Net Assets 3,173,387 3,173,387 2,735,346
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 3,173,387 3,173,387 2,735,346
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Tangible Fixed Assets - - -
Fixed Assets 55.3% 55.3% 57.8%
Stocks Inventory - - -
Debtors 11.3% 11.3% 12.2%
Cash Bank In Hand 33.4% 33.4% 30.0%
Current Assets 44.7% 44.7% 42.2%
Creditors Due Within One Year 17.3% 17.3% 21.3%
Net Current Assets Liabilities 27.4% 27.4% 20.9%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 59.6% 59.6% 62.4%
Capital Employed - - -
Total Assets Less Current Liabilities 82.7% 82.7% 78.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Liquidity Ratio 2.6 2.6 2.0
Solvency Ratio 2.5 2.5 2.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 5
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2022 31-Mar-2021
Assets 5,323,111 5,323,111 4,385,925
Debt 2,149,724 2,149,724 1,650,579
Net Assets/Debt 3,173,387 3,173,387 2,735,346

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Director's details changed for Mrs Sophie Clare Maxwell on 7 March 2025
Confirmation statement made on 11 December 2025 with no updates
Change of details for Bs Space Limited as a person with significant control on 1 January 2025
Change of details for Bs Space Limited as a person with significant control on 6 April 2016
Termination of appointment of Roisin Mclernon as a director on 1 June 2025
Appointment of Miss Roisin Mclernon as a director on 1 June 2025
Confirmation statement made on 11 December 2024 with no updates
Confirmation statement made on 11 December 2023 with no updates
Registered office address changed from , 2 2 Glenavy Road, Upper Ballinderry, Lisburn, Antrim, BT28 2EU, United Kingdom to 2 Glenavy Road Upper Ballinderry Lisburn Antrim BT28 2EU on 3 July 2023
Registered office address changed from , 1 Flush Park, Knockmore Road, Lisburn, Co.Antrim, BT28 2DX to 2 Glenavy Road Upper Ballinderry Lisburn Antrim BT28 2EU on 3 July 2023
Confirmation statement made on 11 December 2022 with no updates
Confirmation statement made on 11 December 2021 with no updates
Notification of Bs Space Limited as a person with significant control on 6 April 2016
Cessation of Paul Henry Smyth as a person with significant control on 6 April 2016
Cessation of Brian James Bradford as a person with significant control on 6 April 2016
Confirmation statement made on 11 December 2020 with no updates
Confirmation statement made on 11 December 2019 with no updates
Confirmation statement made on 11 December 2018 with no updates
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