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READMAN STEEL LIMITED

Company TypePrivate Limited
Company Number05634171
Incorporated2005-11-24
IndustryManufacture of tubes, pipes, hollow profiles and related fittings, of steel
Phone Number01642 242641
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

READMAN STEEL LIMITED was formed on the 24th November 2005 (filed on the 2nd November 2016) , and are based in Cleveland, Cochranes Wharf. They are currently rated A and are considered to represent an average risk score. Their credit score was last updated on 15th November 2016 when it was upgraded to the current A from B. Companies house classifies them as Full Accounts. This information was last updated on the 6th February 2017.

In 2016, they made a post-tax profit of £462,342 on a turnover of £7,496,361 (up 44% from 2015) .

There is 1 major shareholder listed for READMAN STEEL LIMITED with W.G.R. (Steels) Ltd owning the most shares by value.

Addresses

Registered address

Cochranes Wharf Dockside Road
Middlesborough
Cleveland
TS3 6AW

Trading address

Cochranes Wharf
Dockside Road
Middlesbrough
Cleveland
TS3 6AW

Financials

31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Cash £414,778 £38,827 £71,956 £23,268 £336,529
Tangible net worth £2,029,767 £1,567,425 £1,245,448 £959,817 £771,704
Current liabilities £2,074,663 £3,377,528 £2,015,617 £2,576,372 £2,341,387
Current assets £3,986,733 £4,859,809 £3,187,298 £3,514,747 £3,104,882
31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Solvency ratios
Current ratio 1.92 1.44 1.58 1.36 1.33
Efficiency ratios
Return on assets 0.11 0.06 0.09 0.05 0.06
Return on capital employed 0.28 0.26 0.28 0.23 0.33
Gearing ratios
Debt to equity ratio 20946.43 33869.78 20301.67 26077.72 23889.97
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.00 0.00 0.00 0.01 0.02
Other ratios
Debtor days - - - - -
Interest cover 193.82 319.97 - 107.61 53.05

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Details of 3 mortgages available.

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