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UNDERGEAR ENGINEERING LIMITED

Company TypePrivate Limited
Company StatusCompany Dissolved
Company Number00375471
Incorporated1942-08-10
IndustryManufacture of other special-purpose machinery n.e.c.
Phone Number0121 569 1700
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

UNDERGEAR ENGINEERING LIMITED was formed on the 10th August 1942 (filed on the 19th September 2013) , and are based in West Midlands, Black Lake Works. They are currently rated G and are considered to represent an average risk score. Their credit score was last updated on 23rd July 2015. Companies house classifies them as Full Accounts. Their current legal status is Company Dissolved. This information was last updated on the 8th June 2016.

In 2012, they made a post-tax profit of £-322,162 on a turnover of £1,963,219 (up 133% from 2011) .

There are 2 major shareholders listed for UNDERGEAR ENGINEERING LIMITED with Malthouse Engineering Limited owning the most shares by value.

Addresses

Registered address

Black Lake Works
Black Lake
West Bromich
B70 0PD

Trading address

Black Lake Works
Black Lake
West Bromwich
West Midlands
B70 0PD

Financials

31st December 2012 31st December 2011 31st December 2010 31st December 2009 31st December 2008
Cash £698 - - £104 -
Tangible net worth £-661,689 £-339,527 £-201,490 £3,966 £387,340
Current liabilities £1,910,020 £1,967,269 £1,712,111 £1,180,447 £1,103,731
Current assets £644,423 £831,755 £794,880 £555,582 £701,512
31st December 2012 31st December 2011 31st December 2010 31st December 2009 31st December 2008
Solvency ratios
Current ratio 0.34 0.42 0.46 0.47 0.64
Efficiency ratios
Return on assets -0.22 -0.08 -0.12 -0.27 0.10
Return on capital employed 0.73 0.52 4.16 -1.63 0.32
Gearing ratios
Debt to equity ratio 4.16 3.98 3.64 2.76 2.36
Equity ratio 0.35 0.30 0.31 0.36 0.32
Debt ratio 0.15 0.01 0.03 0.05 0.07
Other ratios
Debtor days - - - - -
Interest cover -35.53 -15.22 -22.66 -210.88 17.05

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