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M.G.L. DEMOLITION LIMITED

Company TypePrivate Limited
Company Number01051184
Incorporated1972-04-24
IndustryDemolition
Websitewww.mglgroup.co.uk
Phone Number0191 267 3014
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

M.G.L. DEMOLITION LIMITED was formed on the 24th April 1972 (filed on the 19th October 2016) , and are based in Tyne And Wear, Newburn Haugh Industrial Estate. They are currently rated B and are considered to represent a below average risk score. Their credit score was last updated on 14th January 2016. Companies house classifies them as Full Accounts. This information was last updated on the 24th November 2016.

In 2016, they made a post-tax profit of £281,456 on a turnover of £13,479,729 (up 31% from 2015) .

There is 1 major shareholder listed for M.G.L. DEMOLITION LIMITED with Mgl Group Limited owning the most shares by value.

Addresses

Registered address

Davison House Rennys Lane
Dragonville Ind Estate
Durham
DH1 2RS

Trading address

Newburn Haugh Industrial Estate
Newburn
Newcastle upon Tyne
Tyne and Wear
NE15 8SG

Financials

31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Cash £187,386 £182,037 £215,161 £148,322 £61,334
Tangible net worth £4,109,810 £3,828,354 £3,613,499 £3,327,642 £3,098,810
Current liabilities £3,933,227 £3,223,964 £3,108,119 £3,088,699 £2,773,506
Current assets £5,998,221 £5,148,790 £5,440,689 £5,464,964 £4,773,139
31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Solvency ratios
Current ratio 1.53 1.60 1.75 1.77 1.72
Efficiency ratios
Return on assets 0.03 0.02 0.03 0.03 0.04
Return on capital employed 0.07 0.05 0.06 0.06 0.08
Gearing ratios
Debt to equity ratio 20.45 19.42 20.43 19.15 16.13
Equity ratio 0.03 0.03 0.03 0.03 0.04
Debt ratio 0.09 0.16 0.16 0.13 0.10
Other ratios
Debtor days - - - - -
Interest cover 3.37 2.93 1240.53 118.40 81.95

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