SOLID STATE PLC

Company TypePLC
Company Number00771335
Incorporated1963-08-20
IndustryNon-trading company

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Summary

SOLID STATE PLC was formed on the 20th August 1963 (filed on the 11th September 2017) , and are based in 2 Ravensbank Business Park, Hedera Road. Companies house classifies them as Group. This information was last updated on the 14th December 2017.

In 2017, they made a post-tax profit of £2,693,000 on a turnover of £40,021,000 (down 35% from 2016) .

Addresses

Registered address

2 Ravensbank Business Park
Hedera Road
Redditch
B98 9EY

Financials

31st March 2017 31st March 2016 31st March 2015 31st March 2014 31st March 2013
Cash £909,000 £993,821 £1,737,523 £685,401 £1,097,972
Tangible net worth £10,418,000 £10,481,815 £6,990,741 £5,471,603 £3,884,331
Current liabilities £6,232,000 £10,587,021 £10,039,392 £10,926,465 £8,306,647
Current assets £14,571,000 £19,993,265 £16,142,174 £15,743,935 £11,327,457
31st March 2017 31st March 2016 31st March 2015 31st March 2014 31st March 2013
Solvency ratios
Current ratio 2.34 1.89 1.61 1.44 1.36
Efficiency ratios
Return on assets 0.12 0.16 0.13 0.09 0.10
Return on capital employed 0.16 0.26 0.24 0.20 0.28
Gearing ratios
Debt to equity ratio 15.43 25.83 24.95 27.54 23.98
Equity ratio 0.02 0.02 0.02 0.02 0.02
Debt ratio - - 0.00 0.00 -
Other ratios
Debtor days - - - - -
Interest cover 64.14 37.44 62.25 29.94 -

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