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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 9th August 2017) , 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 23rd August 2017. Companies house classifies them as Full Accounts. This information was last updated on the 25th September 2017.

In 2017, they made a post-tax profit of £485,969 on a turnover of £7,490,084 (up 62% from 2016) .

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

28th February 2017 29th February 2016 28th February 2015 28th February 2014 28th February 2013
Cash £4,927,431 £4,649,246 £2,663,588 £3,017,481 £2,808,773
Tangible net worth £11,632,002 £11,296,033 £11,195,453 £10,299,946 £8,495,733
Current liabilities £1,213,150 £1,037,305 £1,555,506 £1,869,824 £1,338,813
Current assets £9,968,170 £9,318,553 £9,508,265 £9,456,730 £7,597,030
28th February 2017 29th February 2016 28th February 2015 28th February 2014 28th February 2013
Solvency ratios
Current ratio 8.22 8.98 6.11 5.06 5.67
Efficiency ratios
Return on assets 0.04 0.02 0.08 0.16 0.07
Return on capital employed 0.04 0.03 0.11 0.25 0.10
Gearing ratios
Debt to equity ratio 54.64 48.02 69.73 80.61 57.12
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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