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MICHAEL WARD LIMITED

Company TypePrivate Limited
Company Number01911215
Incorporated1985-05-07
IndustryRepair and maintenance of other transport equipment n.e.c.
Websitehttp://www.michaelward.co.uk
Phone Number01204 669247
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MICHAEL WARD LIMITED was formed on the 7th May 1985 (filed on the 19th January 2016) , and are based in Unit 1,, Gilbert Enterprise Pk,. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 29th January 2016 when it was upgraded to the current A from B. Companies house classifies them as Medium Company. This information was last updated on the 2nd December 2016.

In 2015, they made a post-tax profit of £421,797 on a turnover of £5,966,788 (up 266% from 2014) .

There is 1 major shareholder listed for MICHAEL WARD LIMITED with Lostock Holdings Ltd owning the most shares by value.

Addresses

Registered address

Lynstock Way
Lostock
Bolton
BL6 4SA

Trading addresses

Unit 1,
Gilbert Enterprise Pk,
Ashmore Lake Rd
Willenhall
WV12 4LA
Unit 1
Morgan Close
Willenhall
West Midlands
WV12 4LH
Lynstock Way
Lostock
Bolton
Lancashire
BL6 4SA
2 more trading addresses not shown.

Financials

30th April 2015 30th April 2014 30th April 2013 30th April 2012 30th April 2011
Cash £99,965 £79,223 £12,878 £66,693 £34,316
Tangible net worth £3,131,093 £2,918,379 £2,803,042 £2,716,961 £2,700,717
Current liabilities £1,607,823 £1,640,805 £1,719,342 £1,490,913 £1,449,911
Current assets £4,528,155 £4,410,029 £4,367,175 £4,067,636 £3,990,044
30th April 2015 30th April 2014 30th April 2013 30th April 2012 30th April 2011
Solvency ratios
Current ratio 2.82 2.69 2.54 2.73 2.75
Efficiency ratios
Return on assets 0.08 0.02 0.02 0.00 -0.01
Return on capital employed 0.16 0.05 0.04 0.01 -0.01
Gearing ratios
Debt to equity ratio 63.49 62.00 63.93 57.39 56.33
Equity ratio 0.01 0.01 0.01 0.01 0.01
Debt ratio 0.04 0.03 0.03 0.04 0.04
Other ratios
Debtor days - - - - -
Interest cover - 11.12 9.25 1.93 -

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Details of 3 mortgages available.

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