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WELLAND ENGINEERING COMPANY LIMITED

Company TypePrivate Limited
Company Number00479009
Incorporated1950-03-02
IndustryForging, pressing, stamping and roll-forming of metal; powder metallurgy
Phone Number01775 762141
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

WELLAND ENGINEERING COMPANY LIMITED was formed on the 2nd March 1950 (filed on the 8th June 2017) , and are based in Water La, Spalding. They are currently rated A and are considered to represent an average risk score. Their credit score was last updated on 13th June 2017 when it was upgraded to the current A from B. Companies house classifies them as Full Accounts. This information was last updated on the 15th June 2017.

In 2017, they made a post-tax profit of £171,180 on a turnover of £415,370 (up 47% from 2016) .

There are 3 major shareholders listed for WELLAND ENGINEERING COMPANY LIMITED with Edward John Russell Farrow owning the most shares by value.

Addresses

Registered address

Welland Business Park Clay Lake
Spalding
Lincolnshire
PE12 6BL

Trading address

Water La
Spalding
PE11 2TQ

Financials

31st March 2017 31st March 2016 31st March 2015 31st March 2014 31st March 2013
Cash £16,390 £20,542 £56,078 £40,896 £51,672
Tangible net worth £1,843,424 £1,426,898 £1,459,707 £1,364,988 £1,385,040
Current liabilities £494,571 £370,398 £486,017 £296,244 £416,122
Current assets £278,156 £141,805 £998,762 £783,743 £950,707
31st March 2017 31st March 2016 31st March 2015 31st March 2014 31st March 2013
Solvency ratios
Current ratio 0.56 0.38 2.05 2.65 2.28
Efficiency ratios
Return on assets 0.06 0.05 - - -
Return on capital employed 0.08 0.07 - - -
Gearing ratios
Debt to equity ratio 966.97 930.36 985.87 947.94 1180.52
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.16 0.25 - - -
Other ratios
Debtor days - - - - -
Interest cover 6.44 3.67 - - -

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