DESMOND MOTORS LIMITED

Company TypePrivate Limited
Company NumberNI004331
Incorporated1959-07-09
IndustrySale of new cars and light motor vehicles
Phone Number028 7136 7136

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Summary

DESMOND MOTORS LIMITED was formed on the 9th July 1959 (filed on the 30th June 2017) , and are based in County Londonderry, 173 Strand Road. They are currently rated D and are considered to represent a below average risk score. Their credit score was last updated on 8th November 2017. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2016, they made a post-tax profit of £157,282 on a turnover of £44,601,699 (down 80% from 2015) .

There are 2 major shareholders listed for DESMOND MOTORS LIMITED with Seamus Mallon owning the most shares by value.

Addresses

Registered address

173 Strand Road
Londonderry
Co.Londonderry
BT48 7PU

Trading addresses

173 Strand Road
Londonderry
County Londonderry
BT48 7PU
Longfield Road
Eglinton
Londonderry
County Londonderry
BT47 3PY
1 more trading address not shown.

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash £2,150 £734 £1,706 £10,967 £1,685
Tangible net worth £3,366,156 £3,208,874 £1,830,422 £1,748,318 £1,673,914
Current liabilities £19,725,930 £18,424,652 £18,475,882 £16,760,696 £12,931,619
Current assets £18,723,496 £17,751,323 £18,130,048 £16,469,332 £12,557,047
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 0.95 0.96 0.98 0.98 0.97
Efficiency ratios
Return on assets 0.01 0.03 0.00 0.00 0.00
Return on capital employed 0.03 0.16 0.03 0.02 0.01
Gearing ratios
Debt to equity ratio 176.09 168.19 169.95 155.50 123.17
Equity ratio 0.00 0.01 0.01 0.01 0.01
Debt ratio 0.05 0.07 0.08 0.08 0.10
Other ratios
Debtor days - - - - -
Interest cover 0.48 2.42 0.45 0.21 0.08

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