Company Overview
Norsepharm Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 11 February 2009, so this is a well established company. Norsepharm Limited has been in business for 17 years and 2 months. The accounts status is total exemption full and the accounts are next due on Wednesday 31 December 2025.
Registered Address

43 43 Victoria Street, Kirkwall, Orkney Islands, KW15 1DN
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Companies House Data
Company NameNORSEPHARM LIMITED
Company NumberSC354920
Registered Office Address43 43 Victoria Street
 KW15 1DN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/02/2009
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2026
Accounts Last Made Up Date31/03/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date11/03/2017
Returns Last Made Up Date11/02/2016
Directors & Members
Show Resigned
Torquil Clyde - Director
(British, 60 years old, born November 1966)
Appointed 23 August 2010
 Active
Rebecca May - Director
(British, 61 years old, born November 1965)
Appointed 01 February 2020
 Active
Ellen Stout - Director
(British, 30 years old, born October 1996)
Appointed 26 March 2025
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Torquil Clyde
APOTEKNIK LIMITED
ORKNEY RENEWABLE ENERGY LIMITED
SKUA HANGAR LTD.
THORKELL RENEWABLE ENERGY LIMITED
W.H.B. SUTHERLAND LIMITED
Rebecca May
23 HOLDING LTD
ORKNEY 2025
ORKNEY ISLAND GAMES ASSOCIATION LTD
REBECCA MAY LIMITED
Ellen Stout
APOTEKNIK LIMITED
W.H.B. SUTHERLAND LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Balance Sheet
Fixed Assets 568,162 568,162 590,515
Current Assets 413,969 413,969 399,311
Creditors Due Within One Year 257,728 257,728 264,949
Working Cap 156,241 156,241 134,362
Total Assets Less Current Liabilities 724,403 724,403 724,877
Long-term Liabilities 15,673 15,673 18,147
Net Assets 708,730 708,730 706,730
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 708,730 708,730 706,730
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Tangible Fixed Assets - - -
Fixed Assets 57.8% 57.8% 59.7%
Stocks Inventory - - -
Debtors 26.2% 26.2% 14.2%
Cash Bank In Hand 8.0% 8.0% 19.2%
Current Assets 42.2% 42.2% 40.3%
Creditors Due Within One Year 26.2% 26.2% 26.8%
Net Current Assets Liabilities 15.9% 15.9% 13.6%
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 72.2% 72.2% 71.4%
Capital Employed - - -
Total Assets Less Current Liabilities 73.8% 73.8% 73.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Liquidity Ratio 1.6 1.6 1.5
Solvency Ratio 3.6 3.6 3.5
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 3
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2025 31-Mar-2023 31-Mar-2022
Assets 982,131 982,131 989,826
Debt 273,401 273,401 283,096
Net Assets/Debt 708,730 708,730 706,730

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
Other Business around KW15 1DN
OHAL ENTERPRISES C.I.C.
C/O Orkney Housing Association Limited 39a Victoria Street, Kirkwall, Orkney, KW15 1DN
W.H.B. SUTHERLAND LIMITED
43 VICTORIA STREET, KIRKWALL, ORKNEY, KW15 1DN
ORKNEY BLIDE TRUST
54 Victoria Street, Kirkwall, Isle Of Orkney, KW15 1DN
ORKNEY HOMES TRUST LIMITED
4 Gunn's Close, Kirkwall, Orkney, KW15 1DN
ORKNEY ISLANDS PROPERTY DEVELOPMENTS LIMITED
4 Gunn's Close, Kirkwall, Orkney, KW15 1DN
SJ OMAND LTD.
14 VICTORIA STREET, KIRKWALL, ORKNEY, KW15 1DN
SKUA HANGAR LTD.
43 Victoria Street, Kirkwall, KW15 1DN
WOMEN'S AID ORKNEY
39a Victoria Street, Kirkwall, Orkney, KW15 1DN
AGE SCOTLAND ORKNEY
46 Victoria Street, Kirkwall, Orkney, KW15 1DN
APOTEKNIK LIMITED
43 VICTORIA STREET, KIRKWALL, ORKNEY, KW15 1DN
Document Filings
Confirmation statement made on 4 October 2025 with no updates
Appointment of Mrs Ellen Anne Stout as a director on 26 March 2025
Confirmation statement made on 4 October 2024 with no updates
Confirmation statement made on 4 October 2023 with no updates
Confirmation statement made on 11 February 2023 with no updates
Confirmation statement made on 11 February 2022 with no updates
Confirmation statement made on 11 February 2021 with no updates
Confirmation statement made on 11 February 2020 with no updates
Appointment of Ms Rebecca Jane May as a director on 1 February 2020
Registered office address changed from Skirlo Berstane Road St. Ola Kirkwall Orkney KW15 1SZ to 43 43 Victoria Street Kirkwall Orkney Islands KW15 1DN on 21 May 2019
Confirmation statement made on 11 February 2019 with no updates
Confirmation statement made on 11 February 2018 with no updates
Confirmation statement made on 11 February 2017 with updates
Termination of appointment of Alexander James Johnson as a director on 1 March 2016
Annual return made up to 11 February 2016 with full list of shareholders
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