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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 29th July 2016) , and are based in West Midlands, Building 81. They are currently rated E and are considered to represent an average risk score. Their credit score was last updated on 11th August 2016. Companies house classifies them as Full Accounts. This information was last updated on the 15th August 2016.

In 2015, they made a post-tax profit of £-539,387 on a turnover of £4,892,153 (down 1828% from 2014) .

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 October 2015 31st October 2014 31st October 2013 31st October 2012 31st October 2011
Cash £309,656 £570,824 £539,910 £715,225 £576,363
Tangible net worth £-1,759,183 £-1,190,629 £-1,169,405 £-1,250,311 £-1,198,162
Current liabilities £681,735 £852,150 £730,673 £1,173,045 £976,345
Current assets £2,292,675 £2,636,581 £2,217,428 £2,770,134 £2,401,761
31st October 2015 31st October 2014 31st October 2013 31st October 2012 31st October 2011
Solvency ratios
Current ratio 3.36 3.09 3.03 2.36 2.46
Efficiency ratios
Return on assets -0.20 0.01 0.03 -0.02 -0.03
Return on capital employed -0.26 0.01 0.03 -0.05 -0.05
Gearing ratios
Debt to equity ratio 44.40 43.02 39.66 45.25 39.75
Equity ratio 0.04 0.03 0.04 0.03 0.04
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover -2.88 0.18 0.44 -0.64 -0.57

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Details of 2 mortgages available.

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