MIDLAND PRECISION EQUIPMENT CO. LIMITED

Company TypePrivate Limited
Company Number00367184
Incorporated1941-05-16
IndustryMachining
Phone Number0121 744 2719

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Summary

MIDLAND PRECISION EQUIPMENT CO. LIMITED was formed on the 16th May 1941 (filed on the 25th July 2017) , and are based in West Midlands, 304 Haslucks Green Road. They are currently rated A and are considered to represent an above average risk score. Their credit score was last updated on 7th August 2017. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £624,667 on a turnover of £4,516,809 (up 34% from 2015) .

There is 1 major shareholder listed for MIDLAND PRECISION EQUIPMENT CO. LIMITED with Mpe Orbur Group Limited owning the most shares by value.

Addresses

Registered address

304 Haslucks Green Road
Shirley
Solihull
West Midlands
B90 2LY

Trading address

304 Haslucks Green Road
Shirley
Solihull
West Midlands
B90 2LY

Financials

31st December 2016 31st December 2015 31st March 2015 31st March 2014 31st March 2013
Cash £1,455,860 £1,241,254 £469,739 £308,965 £145,702
Tangible net worth £4,250,861 £3,626,194 £3,510,360 £2,773,687 £2,085,545
Current liabilities £1,357,625 £1,351,277 £511,087 £609,059 £830,357
Current assets £2,701,306 £2,634,048 £2,612,096 £2,034,326 £1,562,402
31st December 2016 31st December 2015 31st March 2015 31st March 2014 31st March 2013
Solvency ratios
Current ratio 1.99 1.95 5.11 3.34 1.88
Efficiency ratios
Return on assets 0.11 0.09 - - -
Return on capital employed 0.18 0.12 - - -
Gearing ratios
Debt to equity ratio 383.09 388.52 198.43 195.91 251.96
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - - - -

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