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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 26th January 2016) , and are based in ,, Cramlington. They are currently rated C and are considered to represent a below average risk score. Their credit score was last updated on 5th February 2016 when it was changed to the current C from O. Companies house classifies them as Full Accounts. This information was last updated on the 13th June 2016.

In 2015, they made a post-tax profit of £367,382 on a turnover of £42,574,581 (down 21% from 2014) .

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 2015 31st March 2014 31st March 2013 30th September 2011 30th September 2010
Cash £3,019,091 £391,918 £580 £230,245 £541,834
Tangible net worth £1,033,254 £665,872 £303,353 £985,253 £877,462
Current liabilities £8,480,106 £11,012,559 £8,323,753 £20,842,115 £27,572,779
Current assets £9,091,949 £11,107,927 £8,056,625 £21,247,834 £27,846,522
31st March 2015 31st March 2014 31st March 2013 30th September 2011 30th September 2010
Solvency ratios
Current ratio 1.07 1.01 0.97 1.02 1.01
Efficiency ratios
Return on assets 0.04 0.04 -0.08 0.00 0.00
Return on capital employed 0.33 0.58 -2.70 0.17 0.22
Gearing ratios
Debt to equity ratio 42400.53 55163.35 41758.26 104446.18 138023.85
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover 37.89 66.24 -149.07 494.27 -

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Details of 13 mortgages available.

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