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MID COMMUNICATIONS LIMITED

Company TypePrivate Limited
Company Number05675885
Incorporated2006-01-16
IndustryRetail sale of mobile telephones
Websitewww.midcommunications.com
Phone Number01253 860202
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MID COMMUNICATIONS LIMITED was formed on the 16th January 2006 (filed on the 10th November 2016) , and are based in Lancashire, 31 Victoria Road West. They are currently rated B and are considered to represent a below average risk score. Their credit score was last updated on 22nd November 2016 when it was upgraded to the current B from C. Companies house classifies them as Medium Company. This information was last updated on the 24th November 2016.

In 2016, they made a post-tax profit of £627,760 on a turnover of £9,813,252 (up 161% from 2015) .

There are 2 major shareholders listed for MID COMMUNICATIONS LIMITED with Mid Properties Limited owning the most shares by value.

Addresses

Registered address

29 Victoria Road West
Cleveleys
Lancashire
FY5 1BS

Trading address

31 Victoria Road West
Thornton-Cleveleys
Lancashire
FY5 1BS

Financials

31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Cash £1,262,109 £870,914 £556,555 £421,176 £207,059
Tangible net worth £424,070 £300,230 £312,806 £493,003 £461,437
Current liabilities £2,681,099 £2,164,036 £1,786,365 £913,676 £695,518
Current assets £2,832,315 £2,293,982 £2,157,600 £1,315,647 £1,053,515
31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Solvency ratios
Current ratio 1.06 1.06 1.21 1.44 1.51
Efficiency ratios
Return on assets 0.19 0.09 - - -
Return on capital employed 1.03 0.60 - - -
Gearing ratios
Debt to equity ratio 2829.52 2358.43 2020.38 913.68 695.52
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.03 0.06 - - -
Other ratios
Debtor days - - - - -
Interest cover 74.69 49.03 - - -

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Details of 3 mortgages available.

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