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TONG ENGINEERING LTD

Company TypePrivate Limited
Company Number01957036
Incorporated1985-11-11
IndustryManufacture of agricultural and forestry machinery other than tractors
Phone Number01790 752771
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

TONG ENGINEERING LTD was formed on the 11th November 1985 (filed on the 5th September 2017) , and are based in Lincolnshire, Ashby Rd,. They are currently rated B and are considered to represent a below average risk score. Their credit score was last updated on 15th September 2017. Companies house classifies them as Full Accounts. This information was last updated on the 21st September 2017.

In 2017, they made a post-tax profit of £484,182 on a turnover of £13,369,787 (up 50% from 2016) .

There are 2 major shareholders listed for TONG ENGINEERING LTD with Charles Edmund Tong owning the most shares by value.

Addresses

Registered address

Ashby Road
Spilsby
Lincolnshire
PE23 5DW

Trading address

Ashby Rd,
Spilsby
Lincolnshire
PE23 5DW

Financials

31st January 2017 31st January 2016 31st January 2015 31st January 2014 31st January 2013
Cash £1,045,505 £402,905 £39,687 £647,267 £8,446
Tangible net worth £3,692,461 £3,329,772 £2,661,601 £2,652,751 £2,161,558
Current liabilities £2,423,300 £3,004,152 £2,378,728 £2,825,562 £1,882,148
Current assets £5,117,751 £5,289,524 £4,400,692 £4,579,243 £3,409,684
31st January 2017 31st January 2016 31st January 2015 31st January 2014 31st January 2013
Solvency ratios
Current ratio 2.11 1.76 1.85 1.62 1.81
Efficiency ratios
Return on assets 0.07 0.04 0.05 0.08 0.04
Return on capital employed 0.10 0.07 0.09 0.17 0.06
Gearing ratios
Debt to equity ratio 21.81 25.50 24.60 25.53 20.43
Equity ratio 0.02 0.02 0.02 0.02 0.03
Debt ratio 0.02 0.02 0.03 0.03 0.05
Other ratios
Debtor days - - - - -
Interest cover 11.99 4.94 2.17 20.87 6.26

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Details of 6 mortgages available.

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