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MARINE AND INDUSTRIAL TRANSMISSIONS LIMITED

Company TypePrivate Limited
Company Number01183364
Incorporated1974-09-09
IndustryInstallation of industrial machinery and equipment
Websitewww.mitgroup.co.uk
Phone Number01977 661467
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MARINE AND INDUSTRIAL TRANSMISSIONS LIMITED was formed on the 9th September 1974 (filed on the 19th October 2016) , and are based in Kent, Queenborough Shipyard. They are currently rated C and are considered to represent an average risk score. Their credit score was last updated on 1st November 2016 when it was downgraded to the current C from A. Companies house classifies them as Full Accounts. This information was last updated on the 3rd November 2016.

In 2016, they made a post-tax profit of £-32,695 on a turnover of £6,731,414 (down 118% from 2015) .

There is 1 major shareholder listed for MARINE AND INDUSTRIAL TRANSMISSIONS LIMITED with Marindus Group Ltd owning the most shares by value.

Addresses

Registered address

Queenborough Shipyard
South Street
Queenborough
Kent
ME11 5EE

Trading addresses

Queenborough Shipyard
South Street
Queenborough
Kent
ME11 5EE
80 Weeland Road
Hensall
Goole
North Humberside
DN14 0QE
1 more trading address not shown.

Financials

30th April 2016 30th April 2015 30th April 2014 30th April 2013 30th April 2012
Cash £348,657 £1,244,125 £1,147,607 £869,187 £850,265
Tangible net worth £3,077,210 £3,109,905 £3,004,402 £3,061,410 £2,809,298
Current liabilities £899,471 £1,163,475 £1,414,457 £2,133,984 £2,030,281
Current assets £3,708,076 £3,969,227 £4,142,090 £4,919,748 £4,548,532
30th April 2016 30th April 2015 30th April 2014 30th April 2013 30th April 2012
Solvency ratios
Current ratio 4.12 3.41 2.93 2.31 2.24
Efficiency ratios
Return on assets -0.01 0.04 0.00 0.05 0.01
Return on capital employed -0.01 0.07 0.00 0.12 0.03
Gearing ratios
Debt to equity ratio 113.59 147.15 178.67 269.22 253.79
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - 0.00 0.00 -
Other ratios
Debtor days - - - - -
Interest cover - - - - -

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Details of 2 mortgages available.

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