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CUTTING UNDERWATER TECHNOLOGIES LTD.

Company TypePrivate Limited
Company NumberSC197961
Incorporated1999-07-09
IndustryRenting and leasing of other machinery, equipment and tangible goods n.e.c.
Phone Number01224 222950
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

CUTTING UNDERWATER TECHNOLOGIES LTD. was formed on the 9th July 1999 (filed on the 26th September 2015) , and are based in Aberdeenshire, Unit 19,. They are currently rated D and are considered to represent a below average risk score. Their credit score was last updated on 10th October 2015 when it was downgraded to the current D from B. Companies house classifies them as Group. This information was last updated on the 8th June 2016.

In 2014, they made a post-tax profit of £-341,994 on a turnover of £6,308,658 (down 202% from 2013) .

There are 2 major shareholders listed for CUTTING UNDERWATER TECHNOLOGIES LTD. with Ts Tecnospamec S.R.L. owning the most shares by value.

Addresses

Registered address

Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA

Trading addresses

Unit 19,
Robert Leonard Centre,
Howe Moss Dr
Aberdeen
Aberdeenshire
AB21 0GG
Site D Claymore Drive
Aberdeen Science and Energy Park
Bridge Of Don
Aberdeen
Aberdeenshire
AB23 8GD
1 more trading address not shown.

Financials

31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Cash £639,737 £323,678 £426,615 £232,212 £332,800
Tangible net worth £4,142,936 £4,572,001 £4,310,537 £4,345,848 £5,126,353
Current liabilities £4,259,983 £4,420,585 £4,254,533 £3,220,667 £2,716,397
Current assets £3,847,447 £4,252,508 £3,859,082 £2,861,219 £3,714,536
31st December 2014 31st December 2013 31st December 2012 31st December 2011 31st December 2010
Solvency ratios
Current ratio 0.90 0.96 0.91 0.89 1.37
Efficiency ratios
Return on assets -0.03 0.03 -0.01 -0.08 0.04
Return on capital employed -0.06 0.07 0.01 -0.11 0.09
Gearing ratios
Debt to equity ratio 6.96 7.42 7.45 6.51 6.30
Equity ratio 0.09 0.08 0.08 0.09 0.08
Debt ratio 0.16 0.16 0.18 0.21 0.22
Other ratios
Debtor days - - - - -
Interest cover -2.31 2.52 0.38 -4.24 3.77

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Details of 3 mortgages available.

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