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TURNSPEED PRECISION ENGINEERING COMPANY LIMITED

Company TypePrivate Limited
Company Number01506978
Incorporated1980-07-10
IndustryOther engineering activities
Phone Number01935 424347
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

TURNSPEED PRECISION ENGINEERING COMPANY LIMITED was formed on the 10th July 1980 (filed on the 28th March 2017) , and are based in Somerset, 5 Artillery Rd,. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 7th April 2017 when it was upgraded to the current A from C. Companies house classifies them as Full Accounts. This information was last updated on the 4th September 2017.

In 2016, they made a post-tax profit of £510,222 on a turnover of £5,946,545 (up 376% from 2015) .

There are 3 major shareholders listed for TURNSPEED PRECISION ENGINEERING COMPANY LIMITED with Ronald James Davies owning the most shares by value.

Addresses

Registered address

3 Boundary Way
Lufton Trading Estate
Yeovil
Somerset
BA22 8HZ

Trading addresses

5 Artillery Rd,
Lufton Trading Est
Yeovil
Somerset
BA22 8RP
3 Boundary Way
Lufton Trading Estate
Lufton
Yeovil
Somerset
BA22 8HZ
1 more trading address not shown.

Financials

31st July 2016 31st July 2015 31st July 2014 31st July 2013 31st July 2012
Cash £97,611 £1,381 £1,329 £1,267 £345
Tangible net worth £5,462,765 £4,952,543 £4,845,366 £4,779,181 £4,825,040
Current liabilities £1,505,085 £2,091,041 £2,359,628 £2,289,850 £1,867,516
Current assets £1,872,911 £1,775,623 £1,868,090 £1,987,705 £1,767,919
31st July 2016 31st July 2015 31st July 2014 31st July 2013 31st July 2012
Solvency ratios
Current ratio 1.24 0.85 0.79 0.87 0.95
Efficiency ratios
Return on assets 0.06 0.01 0.01 -0.00 -0.01
Return on capital employed 0.07 0.02 0.01 -0.01 -0.03
Gearing ratios
Debt to equity ratio 779.08 1017.89 1242.12 1411.80 1252.63
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.16 - 0.25 0.31 0.29
Other ratios
Debtor days - - - - -
Interest cover 2.28 0.46 0.24 -0.43 -1.00

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Details of 5 mortgages available.

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