VELDEN ENGINEERING (U.K.) LTD

Company TypePrivate Limited
Company Number01556804
Incorporated1981-04-16
IndustryMachining
Websitewww.velden.co.uk
Phone Number01204 520620

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Summary

VELDEN ENGINEERING (U.K.) LTD was formed on the 16th April 1981 (filed on the 29th August 2017) , and are based in Lancashire, Columbia Mill. They are currently rated B and are considered to represent an average risk score. Their credit score was last updated on 7th September 2017 when it was downgraded to the current B from A. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £82,223 on a turnover of £5,487,084 (down 82% from 2015) .

There are 6 major shareholders listed for VELDEN ENGINEERING (U.K.) LTD with Alexander 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 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £687 £174,816 £270,327 £238,702 £482,646
Tangible net worth £2,944,288 £3,010,600 £2,702,035 £2,337,759 £2,301,401
Current liabilities £1,587,899 £1,187,897 £1,236,830 £1,249,138 £1,305,857
Current assets £2,083,487 £2,031,771 £1,962,277 £1,905,526 £2,069,009
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 1.31 1.71 1.59 1.53 1.58
Efficiency ratios
Return on assets 0.01 0.09 0.10 0.06 0.17
Return on capital employed 0.02 0.13 0.16 0.10 0.34
Gearing ratios
Debt to equity ratio 44.21 33.74 34.55 26.13 27.26
Equity ratio 0.01 0.01 0.01 0.02 0.02
Debt ratio 0.15 0.12 0.14 0.05 0.07
Other ratios
Debtor days - - - - -
Interest cover 2.21 14.29 27.59 15.93 -

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