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SUMMIT SYSTEMS LIMITED

Company TypePrivate Limited
Company Number02489937
Incorporated1990-04-06
IndustryManufacture of other fabricated metal products n.e.c.
Websitehttp://www.summitrecycling.co.uk
Phone Number01827 265800
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

SUMMIT SYSTEMS LIMITED was formed on the 6th April 1990 (filed on the 29th April 2016) , and are based in Staffordshire, Unit F Tame Park. They are currently rated E and are considered to represent a below average risk score. Their credit score was last updated on 4th May 2016 when it was downgraded to the current E from B. Companies house classifies them as Full Accounts. This information was last updated on the 8th June 2016.

In 2015, they made a post-tax profit of £-474,438 on a turnover of £9,973,586 (down 201% from 2014) .

There are 2 major shareholders listed for SUMMIT SYSTEMS LIMITED with Mr Michael Charles Jordan owning the most shares by value.

Addresses

Registered address

Unit F Tame Park
Vanguard Wilnecote
Tamworth
Staffordshire
B77 5DY

Trading address

Unit F Tame Park
Vanguard
Wilnecote
Tamworth
Staffordshire
B77 5DY

Financials

31st July 2015 31st July 2014 31st July 2013 31st July 2012 31st July 2011
Cash £219,534 £453,964 £139,500 £171,409 £17,610
Tangible net worth £1,031,446 £1,729,245 £1,450,589 £1,198,293 £1,269,152
Current liabilities £3,856,171 £2,807,225 £2,662,717 £2,758,808 £2,214,160
Current assets £4,367,334 £3,953,802 £3,567,017 £3,400,644 £3,051,326
31st July 2015 31st July 2014 31st July 2013 31st July 2012 31st July 2011
Solvency ratios
Current ratio 1.13 1.41 1.34 1.23 1.38
Efficiency ratios
Return on assets -0.09 0.10 0.10 0.01 -0.00
Return on capital employed -0.29 0.21 0.35 0.06 -0.03
Gearing ratios
Debt to equity ratio 206.44 151.06 140.20 147.44 111.18
Equity ratio 0.00 0.00 0.00 0.00 0.01
Debt ratio 0.01 0.03 0.02 0.04 0.00
Other ratios
Debtor days - - - - -
Interest cover -33.08 28.25 29.64 3.61 -6.06

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Details of 3 mortgages available.

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