MERIDIAN LIGHTWEIGHT TECHNOLOGIES UK LIMITED

Company TypePrivate Limited
Company Number06614978
Incorporated2008-06-09
IndustryCasting of light metals
Websitewww.meridian-mag.com
Phone Number01623 444920

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Summary

MERIDIAN LIGHTWEIGHT TECHNOLOGIES UK LIMITED was formed on the 9th June 2008 (filed on the 31st October 2017) , and are based in Nottinghamshire, Unit 1 Orchard Way. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £-539,000 on a turnover of £53,242,000 (down 92% from 2015) .

There is 1 major shareholder listed for MERIDIAN LIGHTWEIGHT TECHNOLOGIES UK LIMITED with Wanfeng Mlth Holdings Co. Ltd owning the most shares by value.

Addresses

Registered address

Meridian Orchard Way
Callidine Park
Sutton-In-Ashfield
Nottinghamshire
NG17 1JU

Trading address

Unit 1 Orchard Way
Sutton-in-Ashfield
Nottinghamshire
NG17 1JU

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £2,931,000 £1,942,000 £476,000 £66,000 £581,000
Tangible net worth £-7,599,000 £-7,069,000 £-38,000 £13,734,000 £2,530,000
Current liabilities £27,159,000 £30,205,000 £22,631,000 £40,098,000 £21,075,000
Current assets £17,035,000 £22,479,000 £22,782,000 £40,720,000 £12,014,000
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 0.63 0.74 1.01 1.02 0.57
Efficiency ratios
Return on assets -0.02 -0.18 -0.21 -0.02 0.01
Return on capital employed -0.10 -0.84 -0.52 -0.06 0.11
Gearing ratios
Debt to equity ratio 2.65 3.00 2.54 2.67 6.99
Equity ratio 0.47 0.39 0.39 0.28 0.13
Debt ratio 0.36 0.36 0.40 - -
Other ratios
Debtor days - - - - -
Interest cover -0.13 -9.65 -8.43 -0.66 0.56

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