MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD.

Company TypePrivate Limited
Company NumberSC191805
Incorporated1998-12-08
IndustryManufacture of non-domestic cooling and ventilation equipment
Phone Number01506 445500

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Summary

MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. was formed on the 8th December 1998 (filed on the 4th September 2017) , and are based in West Lothian, Nettlehill Road. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2017, they made a post-tax profit of £15,892,000 on a turnover of £164,417,000 (up 13% from 2016) .

There are 2 major shareholders listed for MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. with Mitsubishi Electric Corporation owning the most shares by value.

Addresses

Registered address

Mitsubishi Electric Air Conditio
Nettlehill Road
Houstoun Industrial Estate
Livingston
EH54 5EQ

Trading address

Nettlehill Road
Livingston
West Lothian
EH54 5EQ

Financials

31st March 2017 31st March 2016 31st March 2015 31st March 2014 31st March 2013
Cash £16,580,000 £18,560,000 £9,256,000 £16,564,000 £19,998,000
Tangible net worth £69,258,000 £71,589,000 £62,444,000 £60,539,000 £57,839,000
Current liabilities £28,279,000 £22,251,000 £18,826,000 £16,081,000 £11,142,000
Current assets £90,684,000 £81,411,000 £69,744,000 £61,871,000 £56,676,000
31st March 2017 31st March 2016 31st March 2015 31st March 2014 31st March 2013
Solvency ratios
Current ratio 3.21 3.66 3.70 3.85 5.09
Efficiency ratios
Return on assets 0.13 0.14 0.13 0.07 0.05
Return on capital employed 0.22 0.22 0.21 0.12 0.09
Gearing ratios
Debt to equity ratio 3.36 2.10 1.88 1.40 1.05
Equity ratio 0.12 0.14 0.16 0.18 0.20
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover 64.39 47.26 468.66 8101.00 4.23

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