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MORRELLS WOODFINISHES LIMITED

Company TypePrivate Limited
Company Number00785935
Incorporated1963-12-24
IndustryManufacture of paints, varnishes and similar coatings, mastics and sealants
Websitewww.morrells.co.uk
Phone Number0870 560 6162
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MORRELLS WOODFINISHES LIMITED was formed on the 24th December 1963 (filed on the 20th December 2016) , and are based in West Sussex, B6 Dolphin Enterprise Centre. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 4th January 2017 when it was changed to the current A from O. Companies house classifies them as Full Accounts. This information was last updated on the 6th February 2017.

In 2016, they made a post-tax profit of £3,449,554 on a turnover of £32,920,656 (up 144% from 2014) .

There is 1 major shareholder listed for MORRELLS WOODFINISHES LIMITED with F T Morrell & Company Limited owning the most shares by value.

Addresses

Registered address

10-18 Union Street
London
SE1 1SZ

Trading addresses

B6 Dolphin Enterprise Centre
Evershed Way
Shoreham-by-Sea
West Sussex
BN43 6QB
Unit 4 Kingston Bridge Trading Estat
48 Watt Street
Glasgow
Lanarkshire
G5 8RR
Wellington Works
Mill Lane
Woodley
Stockport
Cheshire
SK6 1RN
Birch Court
Grosvenor Grange
Woolston
Warrington
Cheshire
WA1 4GD
Arch 272 Lancaster Road
London
E11 3EH
19 Rockhaven Park
Kembrey Street
Swindon
Wiltshire
SN2 8BB
Unit 3 Genoa Way
High Wycombe
Buckinghamshire
HP11 1NY
Unit E104 Longridge Road
Ribbleton
Preston
Lancashire
PR2 5NE
Unit 9 St Martins Industrial Park
Moorend Farm Avenue
Bristol
Avon
BS11 0RS
8 more trading addresses not shown.

Financials

31st May 2016 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Cash £185,035 £1,376,025 £617,678 £127,723 £172,539
Tangible net worth £2,954,085 £4,180,544 £3,049,520 £1,919,312 £1,121,006
Current liabilities £4,423,021 £3,006,146 £2,757,443 £2,751,172 £3,916,776
Current assets £6,591,105 £6,891,179 £5,524,512 £4,417,966 £4,816,349
31st May 2016 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Solvency ratios
Current ratio 1.49 2.29 2.00 1.61 1.23
Efficiency ratios
Return on assets 0.44 0.18 0.16 0.13 0.07
Return on capital employed 1.29 0.36 0.36 0.38 0.28
Gearing ratios
Debt to equity ratio 12.46 67.44 62.04 61.39 84.69
Equity ratio 0.05 0.01 0.01 0.01 0.01
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover 1862.84 - 440.57 45.55 8.99

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