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DESTEC ENGINEERING LIMITED

Company TypePrivate Limited
Company Number00946573
Incorporated1969-01-23
VAT Number161665112
IndustryManufacture of other fabricated metal products n.e.c.
Websitewww.destec.co.uk
Phone Number01522 791721
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

DESTEC ENGINEERING LIMITED was formed on the 23rd January 1969 (filed on the 19th August 2016) , and are based in Lincolnshire, Five Mile Lane. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 2nd September 2016. 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 £300,580 on a turnover of £7,843,573 (down 73% from 2015) .

There are 5 major shareholders listed for DESTEC ENGINEERING LIMITED with Barry Porter owning the most shares by value.

Addresses

Registered address

M R Cowdrey & Co
125 Nottingham Road
Stapleford
Nottingham
NG9 8AT

Trading address

Five Mile Lane
Washingborough
Lincoln
Lincolnshire
LN4 1AF

Financials

29th February 2016 28th February 2015 28th February 2014 28th February 2013 29th February 2012
Cash £4,649,246 £2,663,588 £3,017,481 £2,808,773 £3,031,235
Tangible net worth £11,296,033 £11,195,453 £10,299,946 £8,495,733 £7,984,961
Current liabilities £1,037,305 £1,555,506 £1,869,824 £1,338,813 £1,197,146
Current assets £9,318,553 £9,508,265 £9,456,730 £7,597,030 £7,136,716
29th February 2016 28th February 2015 28th February 2014 28th February 2013 29th February 2012
Solvency ratios
Current ratio 8.98 6.11 5.06 5.67 5.96
Efficiency ratios
Return on assets 0.02 0.08 0.16 0.07 0.11
Return on capital employed 0.03 0.11 0.25 0.10 0.18
Gearing ratios
Debt to equity ratio 48.02 69.73 80.61 57.12 52.18
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - - - -

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Details of 8 mortgages available.

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Documents

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