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CARRS COATINGS LIMITED

Company TypePrivate Limited
Company Number06628569
Incorporated2008-06-24
IndustryManufacture of paints, varnishes and similar coatings, mastics and sealants
Websitewww.carrscoatings.com
Phone Number01527 599460
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

CARRS COATINGS LIMITED was formed on the 24th June 2008 (filed on the 18th November 2016) , and are based in Worcestershire, 2E Eagle Road. They are currently rated A and are considered to represent an average risk score. Their credit score was last updated on 29th 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 1st December 2016.

In 2016, they made a post-tax profit of £288,158 on a turnover of £6,986,324 (up 20% from 2015) .

There are 2 major shareholders listed for CARRS COATINGS LIMITED with Stretford Holdings Ltd owning the most shares by value.

Addresses

Registered address

2E Eagle Road
North Moons Moat
Redditch
West Midlands
B98 9HF

Trading address

2e Eagle Road
Moons Moat North Industrial Estate
Redditch
Worcestershire
B98 9HF

Financials

31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Cash £116,138 £138,588 £11,736 £7,147 £31,568
Tangible net worth £1,608,496 £1,320,338 £1,079,953 £1,039,766 £922,999
Current liabilities £1,345,396 £1,712,435 £1,934,797 £1,537,149 £1,566,083
Current assets £2,809,851 £2,814,375 £2,719,141 £2,190,720 £2,106,849
31st March 2016 31st March 2015 31st March 2014 31st March 2013 31st March 2012
Solvency ratios
Current ratio 2.09 1.64 1.41 1.43 1.35
Efficiency ratios
Return on assets 0.09 0.07 0.01 0.04 0.07
Return on capital employed 0.19 0.18 0.03 0.10 0.17
Gearing ratios
Debt to equity ratio 15306.66 19230.05 21024.07 16834.49 17804.23
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.00 0.01 - - 0.05
Other ratios
Debtor days - - - - -
Interest cover 12.63 9.25 1.40 4.21 5.27

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