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ECONOMIC SOLUTIONS LIMITED

Company TypePrivate Limited Company without share capital
Company StatusClaim Form
Company Number02443911
Incorporated1989-11-17
IndustryOther service activities n.e.c.
Phone Number0161 237 4050
Net Profit MarginPost-Tax Profit / Revenue (%)

Equifax Credit Score

High credit score

Overall Risk Score

Average

Credit Limit

This company has a credit limit below £500k.

Not Verified

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Summary

ECONOMIC SOLUTIONS LIMITED was formed on the 17th November 1989 (filed on the 22nd December 2016) , and are based in Greater Manchester, Lee House. They are currently rated B and are considered to represent an average risk score. Their credit score was last updated on 11th January 2017 when it was upgraded to the current B from C. Companies house classifies them as Group. Their current legal status is Claim Form. This information was last updated on the 13th January 2017.

In 2016, they made a post-tax profit of £1,773,316 on a turnover of £90,778,495 (down 309% from 2015) .

Addresses

Registered address

Lee House
90,Great Bridgewater Street
Manchester
M1 5JW

Trading address

Lee House
90 Great Bridgewater Street
Manchester
Greater Manchester
M1 5JW

Financials

31st March 2016 31st March 2015 31st March 2014 31st July 2013 31st July 2012
Cash £22,680,513 £18,928,652 £14,961,826 £16,037,164 £6,900,991
Tangible net worth £15,901,968 £13,916,818 £12,851,677 £14,799,816 £11,147,389
Current liabilities £54,325,625 £49,073,584 £32,243,893 £24,170,765 £15,416,201
Current assets £106,014,951 £93,451,288 £76,757,289 £55,108,720 £21,388,965
31st March 2016 31st March 2015 31st March 2014 31st July 2013 31st July 2012
Solvency ratios
Current ratio 1.95 1.90 2.38 2.28 1.39
Efficiency ratios
Return on assets 0.02 -0.01 0.01 0.05 0.06
Return on capital employed 0.03 -0.01 0.02 0.09 0.13
Gearing ratios
Debt to equity ratio - - - - -
Equity ratio - - - - -
Debt ratio 0.02 0.02 0.03 0.04 0.10
Other ratios
Debtor days - - - - -
Interest cover 13.27 -1.15 12.50 1.92 11.50

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