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MIDLAND STEEL SECTIONS LIMITED

Company TypePrivate Limited
Company Number02838728
Incorporated1993-07-23
IndustryWholesale of metals and metal ores
Websitewww.midsections.co.uk
Phone Number01384 401200
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MIDLAND STEEL SECTIONS LIMITED was formed on the 23rd July 1993 (filed on the 25th February 2017) , and are based in West Midlands, Units 71-73 Gibbons Industrial Park. They are currently rated D and are considered to represent a below average risk score. Their credit score was last updated on 29th March 2016. Companies house classifies them as Medium Company. This information was last updated on the 4th September 2017.

In 2016, they made a post-tax profit of £-39,105 on a turnover of £9,502,849 (down 27% from 2015) .

There is 1 major shareholder listed for MIDLAND STEEL SECTIONS LIMITED with Iasis Limited owning the most shares by value.

Addresses

Registered address

Unit 71-73 Gibbons Industrial
Park Dudley Road
Kingswinford
West Midlands
DY6 8XF

Trading address

Units 71-73 Gibbons Industrial Park
Dudley Road
Kingswinford
West Midlands
DY6 8XF

Financials

30th June 2016 30th June 2015 30th June 2014 30th June 2013 30th June 2012
Cash £256 £213 £342 £375 £403
Tangible net worth £1,087,441 £1,126,546 £1,180,325 £1,120,452 £1,310,167
Current liabilities £2,788,810 £3,092,353 £3,804,274 £3,602,907 £3,255,762
Current assets £4,007,035 £4,350,592 £4,951,496 £4,671,559 £4,521,739
30th June 2016 30th June 2015 30th June 2014 30th June 2013 30th June 2012
Solvency ratios
Current ratio 1.44 1.41 1.30 1.30 1.39
Efficiency ratios
Return on assets -0.01 -0.01 0.01 -0.04 -0.02
Return on capital employed -0.03 -0.04 0.05 -0.17 -0.10
Gearing ratios
Debt to equity ratio 379.85 417.79 475.53 450.36 406.97
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover -0.49 -1.63 1.65 -6.45 -4.26

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