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MG PRECISION ENGINEERING (UK) LIMITED

Company TypePrivate Limited
Company Number04979925
Incorporated2003-12-01
IndustryMachining
Phone Number01932 246901
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MG PRECISION ENGINEERING (UK) LIMITED was formed on the 1st December 2003 (filed on the 30th May 2015) , and are based in Surrey, Unit 2 Field Common Farm. They are currently rated C and are considered to represent an average risk score. Their credit score was last updated on 12th June 2015 when it was downgraded to the current C from B. Companies house classifies them as Full Accounts. This information was last updated on the 8th June 2016.

In 2014, they made a post-tax profit of £-3,472 on a turnover of £95,433 (up 76% from 2013) .

There are 2 major shareholders listed for MG PRECISION ENGINEERING (UK) LIMITED with Roger D Clark owning the most shares by value.

Addresses

Registered address

11 Scott Close, West Ewell
Epsom
Surrey
KT19 9NY

Trading address

Unit 2 Field Common Farm
Field Common Lane
Walton-on-Thames
Surrey
KT12 3QH

Financials

31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Cash £23,663 £22,112 £28,758 £21,150 -
Tangible net worth £18,874 £22,346 £24,323 £5,733 £-20,721
Current liabilities £16,727 £14,862 £20,054 £38,211 £42,706
Current assets £33,070 £33,833 £39,877 £37,943 £13,916
31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Solvency ratios
Current ratio 1.98 2.28 1.99 0.99 0.33
Efficiency ratios
Return on assets -0.09 -0.05 0.38 0.54 -0.37
Return on capital employed -0.07 0.00 0.79 3.10 0.45
Gearing ratios
Debt to equity ratio 33.45 29.72 40.11 76.42 85.41
Equity ratio 0.01 0.01 0.01 0.01 0.02
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover -0.14 - - - -0.36

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