Norcros Management
Management criteria checks 2/4
Norcros' CEO is Thomas Willcocks, appointed in Apr 2023, has a tenure of 2.58 years. total yearly compensation is £724.80K, comprised of 60.3% salary and 39.7% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth £280.82K. The average tenure of the management team and the board of directors is 4.3 years and 2.8 years respectively.
Key information
Thomas Willcocks
Chief executive officer
UK£724.8k
Total compensation
| CEO salary percentage | 60.26% |
| CEO tenure | 2.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.3yrs |
| Board average tenure | 2.8yrs |
Recent management updates
Recent updates
Norcros' (LON:NXR) Dividend Will Be £0.037
Nov 23
Some Investors May Be Willing To Look Past Norcros' (LON:NXR) Soft Earnings
Jul 01Norcros' (LON:NXR) Dividend Will Be Increased To £0.069
Jun 24The Price Is Right For Norcros plc (LON:NXR)
Apr 05
The Cameo Launch And Eco-Friendly Focus Will Drive Future Market Success
Norcros's sustainable product development and strong market position aim to capture growing demand, potentially boosting revenue amidst shifting market preferences.Norcros (LON:NXR) Has Announced A Dividend Of £0.068
Jun 16A Look At The Intrinsic Value Of Norcros plc (LON:NXR)
Dec 19Norcros (LON:NXR) Is Paying Out Less In Dividends Than Last Year
Jun 18Norcros' (LON:NXR) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 12Norcros plc's (LON:NXR) CEO Compensation Is Looking A Bit Stretched At The Moment
Jul 15CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Oct 05 2025 | n/a | n/a | UK£20m |
| Jul 05 2025 | n/a | n/a | UK£12m |
| Mar 31 2025 | UK£725k | UK£437k | UK£4m |
| Dec 31 2024 | n/a | n/a | UK£6m |
| Sep 30 2024 | n/a | n/a | UK£9m |
| Jun 30 2024 | n/a | n/a | UK£18m |
| Mar 31 2024 | UK£551k | UK£420k | UK£27m |
Compensation vs Market: Thomas's total compensation ($USD949.18K) is about average for companies of similar size in the UK market ($USD1.13M).
Compensation vs Earnings: Thomas's compensation has increased by more than 20% in the past year.
CEO
Thomas Willcocks (55 yo)
Mr. Thomas John Willcocks serves as Group Business Director - UK at Norcros Plc. since August 01, 2021 and served as its Acting Managing Director of Adhesives since 2022 until 2022. He has been CEO & Execu...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.6yrs | UK£724.80k | 0.10% £ 280.8k | |
| CFO & Executive Director | 4.3yrs | UK£555.59k | 0.14% £ 405.0k | |
| Chief Legal Officer & Company Secretary | 12.4yrs | no data | no data | |
| Director of Corporate Development & Strategy | 3.8yrs | no data | no data | |
| Chief People Officer | no data | no data | no data | |
| Managing Director of Triton | 10.3yrs | no data | no data | |
| Managing Director of Merlyn | 15.8yrs | no data | no data | |
| Managing Director of Abode | 5.8yrs | no data | no data | |
| Managing Director of South Africa | 4.3yrs | no data | no data | |
| Managing Director of VADO | 3.2yrs | no data | no data | |
| Managing Director of Croydex | 3.8yrs | no data | no data | |
| Managing Director of Grant Westfield | 2.3yrs | no data | no data |
Experienced Management: NXR's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 2.6yrs | UK£724.80k | 0.10% £ 280.8k | |
| CFO & Executive Director | 4.3yrs | UK£555.59k | 0.14% £ 405.0k | |
| Non-Executive Director | 2.8yrs | UK£59.99k | 0.024% £ 68.5k | |
| Chairman of the Board | 2.3yrs | UK£155.32k | 0.089% £ 249.6k | |
| Senior Independent Director | 6.5yrs | UK£63.20k | no data | |
| Member of Board of Advisors | 4.6yrs | no data | no data | |
| Independent Non-Executive Director | 1.3yrs | UK£39.37k | no data |
Experienced Board: NXR's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/24 13:24 |
| End of Day Share Price | 2025/11/24 00:00 |
| Earnings | 2025/10/05 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Norcros plc is covered by 11 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Chantry | Berenberg |
| Michael O'Brien | Canaccord Genuity |
| David Buxton | Cavendish |