{"name":"NORBAR TORQUE TOOLS LIMITED","company_number":"00380480","status":"Active","type":"Private Limited Company","incorporated":"1943-05-08","dissolved":null,"registered_office":"Norbar Torque Tools Limited, Wildmere Road, Banbury, Oxfordshire, England, OX16 3JU","postcode":"OX16 3JU","sic_codes":[{"code":25730,"description":"Manufacture of tools"},{"code":28150,"description":"Manufacture of bearings, gears, gearing and driving elements"},{"code":28240,"description":"Manufacture of power-driven hand tools"}],"principal_activity":"the manufacture and sale of torque equipment and torque tools.","previous_names":[],"warnings":[],"accounts":{"category":"Full","year_end":"31 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":313,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","turnover":41433809,"profit_loss":1500611,"net_assets":33131294,"cash":428755,"average_employees":313},{"financial_date":"2024-12-31","turnover":40606915,"profit_loss":1103731,"net_assets":31630683,"cash":774237,"average_employees":321},{"financial_date":"2023-12-31","turnover":41784694,"profit_loss":2227794,"net_assets":30526952,"cash":347528,"average_employees":321},{"financial_date":"2022-12-31","turnover":37546507,"net_assets":28299158,"cash":430729},{"financial_date":"2021-12-31","turnover":32606040,"net_assets":25288465,"cash":322356}],"officers":{"current":6,"resigned":14,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":0},"gazette_notices":[{"date":"2026-09-22","kind":"other"}],"insolvency_outcome":null,"ai_summary":"Norbar Torque Tools is a well-positioned specialist manufacturer leveraging 81 years of brand heritage and Snap-on's global distribution network to serve critical industrial sectors requiring precision torque solutions. The 2024 profit compression to £1.08M pre-tax—despite stable gross margins—signals that the significant factory and innovation centre investments must now translate into revenue growth and margin recovery, with the EBT-C battery multiplier range representing the primary near-term catalyst. Management's immediate priorities should be restoring profitability through RCI-driven cost efficiency, building liquidity headroom, and accelerating geographic and digital channel expansion to diversify revenue away from cyclical oil and gas exposure.","website":"https://www.norbar.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/norbar-torque-tools","people":"https://www.companiesintheuk.co.uk/company/norbar-torque-tools/people","filing_history":"https://www.companiesintheuk.co.uk/company/norbar-torque-tools/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/00380480","financials":"https://www.companiesintheuk.co.uk/company/norbar-torque-tools/financial","gazette":"https://www.companiesintheuk.co.uk/company/norbar-torque-tools/gazette","control":"https://www.companiesintheuk.co.uk/company/norbar-torque-tools/control","charges":"https://www.companiesintheuk.co.uk/company/norbar-torque-tools/charges","pay_gap":"https://www.companiesintheuk.co.uk/company/norbar-torque-tools/pay-gap","ai_analysis":"https://www.companiesintheuk.co.uk/company/norbar-torque-tools/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/norbar-torque-tools"}