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MGB ENGINEERING LIMITED

Company TypePrivate Limited
Company Number07592997
Incorporated2011-04-06
IndustryOther engineering activities
Websitewww.mgbl.co.uk
Phone Number0845 070 2490
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

MGB ENGINEERING LIMITED was formed on the 6th April 2011 (filed on the 28th January 2017) , and are based in Devon, Unit D Eagle Road. They are currently rated F and are considered to represent a below average risk score. Their credit score was last updated on 7th February 2017 when it was downgraded to the current F from C. Companies house classifies them as Full Accounts. This information was last updated on the 24th February 2017.

In 2016, they made a post-tax profit of £-396,614 on a turnover of £4,286,390 (down 455% from 2015) .

There is 1 major shareholder listed for MGB ENGINEERING LIMITED with Mgb (Group) Limited owning the most shares by value.

Addresses

Registered address

Unit M Eagle Road
Langage Business Park, Plympton
Plymouth
Devon
PL7 5JY

Trading address

Unit D Eagle Road
Plympton
Plymouth
Devon
PL7 5JY

Financials

30th April 2016 30th April 2015 30th April 2014 30th April 2013 30th April 2012
Cash £28 £697 £38,124 £357 £429
Tangible net worth £264,885 £741,009 £874,239 £771,883 £48,645
Current liabilities £2,445,971 £3,326,599 £3,358,836 £2,442,234 £1,375,055
Current assets £3,111,724 £3,860,507 £4,151,681 £3,296,943 £1,523,241
30th April 2016 30th April 2015 30th April 2014 30th April 2013 30th April 2012
Solvency ratios
Current ratio 1.27 1.16 1.24 1.35 1.11
Efficiency ratios
Return on assets -0.10 0.02 0.14 - -
Return on capital employed -0.38 0.11 0.76 - -
Gearing ratios
Debt to equity ratio 32272.01 36200.19 35078.96 25854.24 15464.95
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio 0.17 0.03 0.00 - -
Other ratios
Debtor days - - - - -
Interest cover -16.57 13.90 516.80 - -

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