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VELDEN ENGINEERING (U.K.) LTD

Company TypePrivate Limited
Company Number01556804
Incorporated1981-04-16
IndustryMachining
Websitewww.velden.co.uk
Phone Number01204 520620
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

VELDEN ENGINEERING (U.K.) LTD was formed on the 16th April 1981 (filed on the 9th July 2016) , and are based in Lancashire, Columbia Mill. They are currently rated A and are considered to represent an average risk score. Their credit score was last updated on 25th July 2016. Companies house classifies them as Medium Company. This information was last updated on the 23rd September 2016.

In 2015, they made a post-tax profit of £449,404 on a turnover of £6,537,224 (down 10% from 2014) .

There are 2 major shareholders listed for VELDEN ENGINEERING (U.K.) LTD with Austin Lee Kitchen owning the most shares by value.

Addresses

Registered address

Columbia Mill
Bedford Street
Bolton
BL1 4BA

Trading address

Columbia Mill
Bedford Street
Bolton
Lancashire
BL1 4BA

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Cash £174,816 £270,327 £238,702 £482,646 £431,173
Tangible net worth £3,010,600 £2,702,035 £2,337,759 £2,301,401 £1,840,194
Current liabilities £1,187,897 £1,236,830 £1,249,138 £1,305,857 £1,997,962
Current assets £2,031,771 £1,962,277 £1,905,526 £2,069,009 £2,739,556
31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Solvency ratios
Current ratio 1.71 1.59 1.53 1.58 1.37
Efficiency ratios
Return on assets 0.09 0.10 0.06 0.17 -
Return on capital employed 0.13 0.16 0.10 0.34 -
Gearing ratios
Debt to equity ratio 33.74 34.55 26.13 27.26 34.78
Equity ratio 0.01 0.01 0.02 0.02 0.02
Debt ratio 0.12 0.14 0.05 0.07 -
Other ratios
Debtor days - - - - -
Interest cover 14.29 27.59 15.93 - -

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