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MERIT PROCESS ENGINEERING LIMITED

Company TypePrivate Limited
Company Number02846918
Incorporated1993-08-23
IndustryOther specialised construction activities n.e.c.
Phone Number0191 295 1111
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MERIT PROCESS ENGINEERING LIMITED was formed on the 23rd August 1993 (filed on the 10th February 2017) , and are based in ,, Cramlington. They are currently rated NT and are considered to represent an above average risk score. Their credit score was last updated on 6th April 2017 when it was changed to the current N from C. Companies house classifies them as Full Accounts. This information was last updated on the 14th September 2017.

In 2016, they made a post-tax profit of £-115,416 (down 131% from 2015) .

There is 1 major shareholder listed for MERIT PROCESS ENGINEERING LIMITED with Merit Holdings Ltd owning the most shares by value.

Addresses

Registered address

3 Silverton Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RY

Trading addresses

,
Cramlington
NE23 7RY
Unit 1,
Silverlink Retail Park,
Silverlink
Wallsend
NE28 9ND
Cardiff Road
Newport
Gwent
NP10 8YJ
2 more trading addresses not shown.

Financials

31st March 2016 31st March 2015 31st March 2014 31st March 2013 30th September 2011
Cash - £3,019,091 £391,918 £580 £230,245
Tangible net worth £917,838 £1,033,254 £665,872 £303,353 £985,253
Current liabilities £648,113 £8,480,106 £11,012,559 £8,323,753 £20,842,115
Current assets £1,565,951 £9,091,949 £11,107,927 £8,056,625 £21,247,834
31st March 2016 31st March 2015 31st March 2014 31st March 2013 30th September 2011
Solvency ratios
Current ratio 2.42 1.07 1.01 0.97 1.02
Efficiency ratios
Return on assets -0.07 0.04 0.04 -0.08 0.00
Return on capital employed -0.12 0.33 0.58 -2.70 0.17
Gearing ratios
Debt to equity ratio 3240.57 42400.53 55163.35 41758.26 104446.18
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover -36.57 37.89 66.24 -149.07 494.27

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