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H.L.THORNE & CO.LIMITED

Company TypePrivate Limited
Company Number00555418
Incorporated1955-10-01
IndustryManufacture of other fabricated metal products n.e.c.
Websitewww.thorneltd.co.uk
Phone Number0121 557 6155
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

H.L.THORNE & CO.LIMITED was formed on the 1st October 1955 (filed on the 26th October 2015) , and are based in West Midlands, Po Box 44. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 12th November 2015 when it was upgraded to the current A from B. Companies house classifies them as Group. This information was last updated on the 8th June 2016.

In 2015, they made a post-tax profit of £140,161 on a turnover of £38,319,159 (up 1519% from 2014) .

There are 2 major shareholders listed for H.L.THORNE & CO.LIMITED with Malcolm Thorne owning the most shares by value.

Addresses

Registered address

The Metal Works Union Road
Oldbury
West Midlands
B69 3EX

Trading address

PO Box 44
Tividale
Oldbury
West Midlands
B69 2PA

Financials

31st March 2015 31st March 2014 31st March 2013 31st March 2012 31st March 2011
Cash £1,181,738 £2,378,282 £2,260,375 £1,970,660 £2,625,166
Tangible net worth £7,570,563 £7,540,983 £7,571,421 £7,576,929 £7,280,936
Current liabilities £2,586,536 £1,640,582 £2,565,094 £3,224,588 £4,194,443
Current assets £8,245,716 £8,376,676 £9,268,032 £9,901,575 £10,426,561
31st March 2015 31st March 2014 31st March 2013 31st March 2012 31st March 2011
Solvency ratios
Current ratio 3.19 5.11 3.61 3.07 2.49
Efficiency ratios
Return on assets 0.01 0.00 0.01 0.04 0.04
Return on capital employed 0.02 0.00 0.01 0.07 0.07
Gearing ratios
Debt to equity ratio 802.06 523.67 798.66 979.95 1253.55
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - 0.00
Other ratios
Debtor days - - - - -
Interest cover 3.93 0.33 2.27 10.88 8.03

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