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TURBINE EFFICIENCY LIMITED

Company TypePrivate Limited
Company Number03914410
Incorporated2000-01-27
IndustryRepair of other equipment
Websitewww.turbine-efficiency.co.uk
Phone Number01522 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 26th June 2015) , and are based in Lincolnshire, Units 2 3-4 Electric Avenue. They are currently rated O and are considered to represent an average risk score. Their credit score was last updated on 9th November 2016. Companies house classifies them as Full Accounts. This information was last updated on the 7th December 2016.

In 2014, they made a post-tax profit of £654,951 on a turnover of £8,739,351 (up 21% from 2013) .

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 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Cash £647,854 £1,191,412 £216,963 £411,651 £254,042
Tangible net worth £1,768,998 £1,114,047 £572,951 £309,713 £595,955
Current liabilities £4,682,343 £2,243,824 £1,670,163 £1,221,175 £1,883,984
Current assets £6,862,099 £3,410,362 £3,067,375 £1,622,183 £2,381,492
31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Solvency ratios
Current ratio 1.47 1.52 1.84 1.33 1.26
Efficiency ratios
Return on assets 0.09 0.14 0.11 - -
Return on capital employed 0.32 0.34 0.22 - -
Gearing ratios
Debt to equity ratio 247.56 126.26 136.10 95.70 69.28
Equity ratio 0.00 0.01 0.01 0.01 0.01
Debt ratio 0.06 0.01 - - -
Other ratios
Debtor days - - - - -
Interest cover 20.65 60.93 11.16 - -

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