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MI GLASS LIMITED

Company TypePrivate Limited
Company Number00551629
Incorporated1955-07-06
IndustryShaping and processing of flat glass
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MI GLASS LIMITED was formed on the 6th July 1955 (filed on the 27th April 2017) , and are based in 51 Downing Street, Smethwick. They are currently rated A and are considered to represent an average risk score. Their credit score was last updated on 8th May 2017. Companies house classifies them as Full Accounts. This information was last updated on the 10th May 2017.

In 2016, they made a post-tax profit of £633,696 on a turnover of £6,118,306 (up 14% from 2015) .

There is 1 major shareholder listed for MI GLASS LIMITED with Mi Glass Midco Ltd owning the most shares by value.

Addresses

Registered address

51 Downing Street
Smethwick
West Midlands
B66 2PP

Financials

31st August 2016 31st August 2015 31st August 2014 31st August 2013 31st August 2012
Cash £20,569 £13,417 £48,918 £16,590 £664,497
Tangible net worth £4,170,357 £3,510,497 £2,957,049 £2,411,983 £1,819,965
Current liabilities £1,378,562 £1,243,258 £1,541,109 £1,144,275 £1,060,436
Current assets £4,450,163 £3,667,247 £3,371,839 £2,540,214 £2,105,717
31st August 2016 31st August 2015 31st August 2014 31st August 2013 31st August 2012
Solvency ratios
Current ratio 3.23 2.95 2.19 2.22 1.99
Efficiency ratios
Return on assets 0.11 0.11 0.11 0.15 -
Return on capital employed 0.14 0.15 0.16 0.18 -
Gearing ratios
Debt to equity ratio 613.42 498.79 634.69 500.43 513.69
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.04 0.01 0.03 0.03 0.05
Other ratios
Debtor days - - - - -
Interest cover 68.70 38.36 38.48 35.88 -

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