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REECE GROUP LIMITED

Company TypePrivate Limited
Company Number07630662
Incorporated2011-05-11
IndustryActivities of head offices
Websitewww.reece-group.com
Phone Number0191 234 8700
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

REECE GROUP LIMITED was formed on the 11th May 2011 (filed on the 30th September 2016) , and are based in Tyne And Wear, Armstrong Works. They are currently rated B and are considered to represent a below average risk score. Their credit score was last updated on 14th October 2016. Companies house classifies them as Group. This information was last updated on the 17th October 2016.

In 2015, they made a post-tax profit of £-928,000 on a turnover of £54,036,000 (down 86% from 2014) .

There is 1 major shareholder listed for REECE GROUP LIMITED with Jp Reece & Ad Reece As Trustees Of The Dr Reece Will Trust owning the most shares by value.

Addresses

Registered address

Armstrong Works Scotswood Road
Newcastle Upon Tyne
NE15 6UX

Trading address

Armstrong Works
Scotswood Road
Newcastle upon Tyne
Tyne and Wear
NE15 6UX

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Cash £79,928,000 £111,700,000 £114,651,000 £125,642,000 £128,009
Tangible net worth £137,262,000 £140,590,000 £146,093,000 £140,299,000 £127,303
Current liabilities £11,249,000 £9,680,000 £18,140,000 £31,210,000 £33,452
Current assets £123,194,000 £131,618,000 £147,093,000 £167,106,000 £155,099
31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Solvency ratios
Current ratio 10.95 13.60 8.11 5.35 4.64
Efficiency ratios
Return on assets -0.01 -0.04 0.03 0.12 0.27
Return on capital employed -0.01 -0.05 0.06 0.20 0.48
Gearing ratios
Debt to equity ratio - - - - -
Equity ratio - - - - -
Debt ratio 0.00 0.00 0.01 0.01 0.00
Other ratios
Debtor days - - - - -
Interest cover -15.37 -74.24 80.27 - 12306.40

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