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MIDLAND INDUSTRIAL METALS LIMITED

Company TypePrivate Limited
Company Number01325405
Incorporated1977-08-12
IndustryWholesale of waste and scrap
Websitewww.mimltd.co.uk
Phone Number0121 236 5005
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MIDLAND INDUSTRIAL METALS LIMITED was formed on the 12th August 1977 (filed on the 28th February 2017) , and are based in West Midlands, 86-92 Northwood St,. They are currently rated B and are considered to represent a below average risk score. Their credit score was last updated on 9th March 2017 when it was upgraded to the current B from D. Companies house classifies them as Full Accounts. This information was last updated on the 13th March 2017.

In 2016, they made a post-tax profit of £26,975 on a turnover of £16,724,318 (down 149% from 2015) .

Addresses

Registered address

Sams Lane
West Bromwich
West Midlands
B70 7ED

Trading addresses

86-92 Northwood St,
Birmingham
West Midlands
B3 1TH
Sams Lane
West Bromwich
West Midlands
B70 7ED
1 more trading address not shown.

Financials

31st May 2016 31st May 2015 30th November 2013 30th November 2012 30th November 2011
Cash £451,271 £33,955 £672,964 £588,609 £445,020
Tangible net worth £2,710,617 £2,683,643 £2,738,864 £2,624,236 £2,515,719
Current liabilities £2,189,824 £3,894,798 £4,134,306 £3,435,951 £3,399,823
Current assets £4,754,570 £6,427,555 £6,685,608 £5,877,023 £5,735,824
31st May 2016 31st May 2015 30th November 2013 30th November 2012 30th November 2011
Solvency ratios
Current ratio 2.17 1.65 1.62 1.71 1.69
Efficiency ratios
Return on assets 0.01 -0.01 0.02 0.02 0.03
Return on capital employed 0.01 -0.02 0.05 0.05 0.08
Gearing ratios
Debt to equity ratio 54105.95 95796.54 101896.00 84793.44 83830.32
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover 31.89 -26.60 - 202.56 768.83

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Details of 2 mortgages available.

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