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TURBINE EFFICIENCY LIMITED

Company Type	Private Limited
Company Number	03914410
Incorporated	2000-01-27
Industry	Repair of other equipment
Website	www.turbine-efficiency.co.uk
Phone Number	01522 696980

Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

TURBINE EFFICIENCY LIMITED was formed on the 27th January 2000 (filed on the 31st March 2017) , and are based in Lincolnshire, Units 2 3-4 Electric Avenue. They are currently rated C and are considered to represent a below average risk score. Their credit score was last updated on 11th April 2017 when it was downgraded to the current C from B. Companies house classifies them as Full Accounts. This information was last updated on the 13th April 2017.

In 2015, they made a post-tax profit of £358,794 on a turnover of £11,547,028 (down 45% from 2014) .

There is 1 major shareholder listed for TURBINE EFFICIENCY LIMITED with Turbine Efficiency Group Ltd owning the most shares by value.

Addresses

Registered address

3 Electric Avenue

Witham St. Hughs

Lincoln

Lincolnshire

LN6 9BJ

Trading address

Units 2 3-4 Electric Avenue

Witham St Hughs

Lincoln

Lincolnshire

LN6 9BJ

Financials

	31st December 2015	31st December 2014	31st December 2013	31st December 2012	31st December 2011
Cash	£32,287	£647,854	£1,191,412	£216,963	£411,651
Tangible net worth	£2,127,792	£1,768,998	£1,114,047	£572,951	£309,713
Current liabilities	£5,871,482	£4,682,343	£2,243,824	£1,670,163	£1,221,175
Current assets	£6,999,864	£6,862,099	£3,410,362	£3,067,375	£1,622,183

	31st December 2015	31st December 2014	31st December 2013	31st December 2012	31st December 2011
Solvency ratios
Current ratio	1.19	1.47	1.52	1.84	1.33
Efficiency ratios
Return on assets	0.04	0.09	0.14	0.11	-
Return on capital employed	0.15	0.32	0.34	0.22	-
Gearing ratios
Debt to equity ratio	278.23	247.56	126.26	136.10	95.70
Equity ratio	0.00	0.00	0.01	0.01	0.01
Debt ratio	0.03	0.06	0.01	-	-
Other ratios
Debtor days	-	-	-	-	-
Interest cover	10.69	20.65	60.93	11.16	-

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