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MERIDIAN LIGHTWEIGHT TECHNOLOGIES UK LIMITED

Company TypePrivate Limited
Company Number06614978
Incorporated2008-06-09
IndustryCasting of light metals
Websitewww.meridian-mag.com
Phone Number01623 444920
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MERIDIAN LIGHTWEIGHT TECHNOLOGIES UK LIMITED was formed on the 9th June 2008 (filed on the 31st October 2015) , and are based in Nottinghamshire, Unit 1 Orchard Way. They are currently rated I and are considered to represent a below average risk score. Their credit score was last updated on 25th October 2016. Companies house classifies them as Full Accounts. This information was last updated on the 3rd November 2016.

In 2014, they made a post-tax profit of £-8,239,000 on a turnover of £28,792,000 (up 862% from 2013) .

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 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Cash £476,000 £66,000 £581,000 £4,000 £545,000
Tangible net worth £-38,000 £13,734,000 £2,530,000 £2,186,000 £2,120,000
Current liabilities £22,631,000 £40,098,000 £21,075,000 £17,232,000 £15,001,000
Current assets £22,782,000 £40,720,000 £12,014,000 £12,167,000 £9,830,000
31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Solvency ratios
Current ratio 1.01 1.02 0.57 0.71 0.66
Efficiency ratios
Return on assets -0.21 -0.02 0.01 0.00 0.00
Return on capital employed -0.52 -0.06 0.11 0.02 0.01
Gearing ratios
Debt to equity ratio 2.54 2.67 6.99 5.70 4.98
Equity ratio 0.39 0.28 0.13 0.16 0.18
Debt ratio 0.40 - - 0.00 0.01
Other ratios
Debtor days - - - - -
Interest cover -8.43 -0.66 0.56 0.14 0.10

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