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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 10th 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

Mgb House Unit D, Eagle Road
Langage Business Park, Plympton
Plymouth
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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Details of 7 mortgages available.

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