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NARANG GROUP LTD

Company TypePrivate Limited
Company Number06967659
Incorporated2009-07-21
IndustryActivities of head offices
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

NARANG GROUP LTD was formed on the 21st July 2009 (filed on the 9th November 2016) , and are based in Narang House 121 City Road, Bradford. They are currently rated C and are considered to represent an average risk score. Their credit score was last updated on 17th November 2016 when it was changed to the current C from O. Companies house classifies them as Group. This information was last updated on the 21st November 2016.

In 2014, they made a post-tax profit of £182,044 on a turnover of £33,925,668 (up 99% from 2013) .

There are 2 major shareholders listed for NARANG GROUP LTD with Jasbir Narang and Ravinder Narang owning the most shares by value.

Addresses

Registered address

Narang House 121 City Road
Bradford
West Yorkshire
BD8 8JR

Financials

31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Cash £404,612 £350,438 £85,500 £80,901 £56,162
Tangible net worth £4,138,403 £4,033,352 £3,719,501 £3,656,370 £3,538,825
Current liabilities £7,292,692 £6,976,638 £5,354,326 £5,484,826 £4,890,828
Current assets £10,136,137 £9,714,751 £8,221,032 £8,464,538 £7,852,742
31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Solvency ratios
Current ratio 1.39 1.39 1.54 1.54 1.61
Efficiency ratios
Return on assets 0.02 0.01 0.01 0.02 0.02
Return on capital employed 0.05 0.03 0.03 0.05 0.07
Gearing ratios
Debt to equity ratio 75321.92 72878.68 58193.76 60148.76 2760379.00
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.02 0.02 0.04 0.05 0.06
Other ratios
Debtor days - - - - -
Interest cover 7.53 3.90 4.27 6.64 6.50

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