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MEREWAY KITCHENS LIMITED

Company TypePrivate Limited
Company Number02028938
Incorporated1986-06-17
IndustryManufacture of kitchen furniture
Websitewww.merewaykitchens.co.uk
Phone Number0121 706 7844
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MEREWAY KITCHENS LIMITED was formed on the 17th June 1986 (filed on the 28th September 2016) , and are based in West Midlands, Redfern Park Way. They are currently rated B and are considered to represent an average risk score. Their credit score was last updated on 10th October 2016 when it was upgraded to the current B from C. Companies house classifies them as Group. This information was last updated on the 12th October 2016.

In 2015, they made a post-tax profit of £488,911 on a turnover of £19,186,807 (down 1864% from 2014) .

There are 21 major shareholders listed for MEREWAY KITCHENS LIMITED with Leonard Victor Norris owning the most shares by value.

Addresses

Registered address

Unit B Redfern Park Way
Tyseley
Birmingham
West Midlands
B11 2BF

Trading address

Redfern Park Way
Birmingham
West Midlands
B11 2BF

Financials

31st December 2015 31st December 2014 31st March 2014 31st March 2013 31st March 2012
Cash £577,192 £672,788 £219,666 £101,526 £88,525
Tangible net worth £2,834,909 £2,393,649 £2,421,359 £1,979,860 £1,994,691
Current liabilities £3,558,442 £3,384,590 £3,717,310 £3,992,475 £4,725,712
Current assets £5,546,570 £4,870,370 £5,254,615 £5,018,409 £5,411,846
31st December 2015 31st December 2014 31st March 2014 31st March 2013 31st March 2012
Solvency ratios
Current ratio 1.56 1.44 1.41 1.26 1.15
Efficiency ratios
Return on assets 0.07 -0.00 0.01 -0.01 -0.01
Return on capital employed 0.19 0.00 0.05 -0.10 -0.09
Gearing ratios
Debt to equity ratio 82.90 75.75 84.70 91.66 103.47
Equity ratio 0.01 0.01 0.01 0.01 0.01
Debt ratio 0.05 0.04 0.05 0.06 0.03
Other ratios
Debtor days - - - - -
Interest cover 9.48 0.36 1.57 -9.60 -3.44

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