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FAERCH PLAST MANUFACTURING LIMITED

Company TypePrivate Limited
Company Number07770672
Incorporated2011-09-12
IndustryManufacture of plastic packing goods
Websitewww.faerchplast.com
Phone Number0191 374 0000
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

FAERCH PLAST MANUFACTURING LIMITED was formed on the 12th September 2011 (filed on the 11th May 2016) , and are based in County Durham, Damson Way. They are currently rated D and are considered to represent a below average risk score. Their credit score was last updated on 19th May 2016 when it was downgraded to the current D from C. Companies house classifies them as Full Accounts. This information was last updated on the 8th June 2016.

In 2015, they made a post-tax profit of £-907,000 on a turnover of £21,886,000 (down 333% from 2014) .

There is 1 major shareholder listed for FAERCH PLAST MANUFACTURING LIMITED with R. Faerch Plast A/S owning the most shares by value.

Addresses

Registered address

Faerch Plast Manufacturing Ltd
Damson Way
Durham
Co Durham
DH1 2YN

Trading address

Damson Way
Dragonville
Durham
County Durham
DH1 2YN

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £609,000 £997,000 £42,000 £2,000
Tangible net worth £12,521,000 £6,928,000 £6,539,000 £5,998,000
Current liabilities £70,237,000 £12,288,000 £11,379,000 £9,219,000
Current assets £7,036,000 £4,965,000 £4,232,000 £3,259,000
31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 0.10 0.40 0.37 0.35
Efficiency ratios
Return on assets -0.01 0.02 0.03 -0.00
Return on capital employed -0.04 0.08 0.10 0.00
Gearing ratios
Debt to equity ratio 11.81 2.09 1.93 1.57
Equity ratio 0.07 0.31 0.33 0.39
Debt ratio - - - -
Other ratios
Debtor days - - - -
Interest cover -0.31 12.42 4.31 0.19

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Details of 4 mortgages available.

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