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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 Number01902 630969
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 2017) , and are based in West Midlands, Unit 1. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 26th January 2017. Companies house classifies them as Full Accounts. This information was last updated on the 19th October 2017.

In 2016, they made a post-tax profit of £296,998 on a turnover of £5,718,015 (down 30% from 2015) .

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

Financials

30th April 2016 30th April 2015 30th April 2014 30th April 2013 30th April 2012
Cash £260,560 £99,965 £79,223 £12,878 £66,693
Tangible net worth £3,228,091 £3,131,093 £2,918,379 £2,803,042 £2,716,961
Current liabilities £1,448,884 £1,607,823 £1,640,805 £1,719,342 £1,490,913
Current assets £4,347,854 £4,528,155 £4,410,029 £4,367,175 £4,067,636
30th April 2016 30th April 2015 30th April 2014 30th April 2013 30th April 2012
Solvency ratios
Current ratio 3.00 2.82 2.69 2.54 2.73
Efficiency ratios
Return on assets 0.06 0.08 0.02 0.02 0.00
Return on capital employed 0.10 0.16 0.05 0.04 0.01
Gearing ratios
Debt to equity ratio 56.62 63.49 62.00 63.93 57.39
Equity ratio 0.01 0.01 0.01 0.01 0.01
Debt ratio 0.03 0.04 0.03 0.03 0.04
Other ratios
Debtor days - - - - -
Interest cover 13.72 - 11.12 9.25 1.93

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Details of 3 mortgages available.

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