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MTI WELDING TECHNOLOGIES LTD

Company TypePrivate Limited
Company Number05509639
Incorporated2005-07-15
IndustryManufacture of other special-purpose machinery n.e.c.
Websitewww.mtiwelding.co.uk
Phone Number01384 277502
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MTI WELDING TECHNOLOGIES LTD was formed on the 15th July 2005 (filed on the 31st October 2017) , and are based in West Midlands, Building 81. They are currently rated E and are considered to represent a below average risk score. Their credit score was last updated on 8th November 2017. Companies house classifies them as Group. This information was last updated on the 13th November 2017.

In 2016, they made a post-tax profit of £-602,079 on a turnover of £10,170,269 (up 12% from 2015) .

There are 2 major shareholders listed for MTI WELDING TECHNOLOGIES LTD with Mti Technology Inc. owning the most shares by value.

Addresses

Registered address

Building 81, Bays1&2
First Avenue
Kingswinford
West Midlands
DY6 7FJ

Trading addresses

Building 81
First Avenue
Pensnett Trading Estate
Kingswinford
West Midlands
DY6 7FQ
Building 81
First Avenue
Pensnett Trading Estate
Kingswinford
West Midlands
DY6 7FJ
1 more trading address not shown.

Financials

31st December 2016 31st October 2015 31st October 2014 31st October 2013 31st October 2012
Cash £1,883,480 £309,656 £570,824 £539,910 £715,225
Tangible net worth £-634,902 £-1,759,183 £-1,190,629 £-1,169,405 £-1,250,311
Current liabilities £1,874,241 £681,735 £852,150 £730,673 £1,173,045
Current assets £6,224,151 £2,292,675 £2,636,581 £2,217,428 £2,770,134
31st December 2016 31st October 2015 31st October 2014 31st October 2013 31st October 2012
Solvency ratios
Current ratio 3.32 3.36 3.09 3.03 2.36
Efficiency ratios
Return on assets -0.08 -0.20 0.01 0.03 -0.02
Return on capital employed -0.15 -0.26 0.01 0.03 -0.05
Gearing ratios
Debt to equity ratio 77.66 44.40 43.02 39.66 45.25
Equity ratio 0.01 0.04 0.03 0.04 0.03
Debt ratio 0.00 - - - -
Other ratios
Debtor days - - - - -
Interest cover -1860.07 -2.88 0.18 0.44 -0.64

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Details of 2 mortgages available.

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