ADVANCED COATING INITIATIVE LTD.

Company TypePrivate Limited
Company NumberSC240269
Incorporated2002-11-28
IndustryTreatment and coating of metals

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Summary

ADVANCED COATING INITIATIVE LTD. was formed on the 28th November 2002 (filed on the 11th August 2017) , and are based in Advanced Coating Initiative Ltd, 14 Greenbank Road. 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 £-255,795 on a turnover of £741,863 (down 579% from 2015) .

There is 1 major shareholder listed for ADVANCED COATING INITIATIVE LTD. with Norman Hay Plc owning the most shares by value.

Addresses

Registered address

Advanced Coating Initiative Ltd
14 Greenbank Road
Aberdeen
AB12 3BQ

Financials

31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Cash - £285,174 £210,380 - -
Tangible net worth £-248,406 £4,833 £-51,133 £9,086 £582,144
Current liabilities £620,632 £777,553 £941,823 £874,721 £821,854
Current assets £243,548 £608,739 £700,616 £643,882 £1,128,234
31st December 2016 31st December 2015 31st December 2014 31st December 2013 31st December 2012
Solvency ratios
Current ratio 0.39 0.78 0.74 0.74 1.37
Efficiency ratios
Return on assets -0.66 0.07 -0.07 -0.63 0.03
Return on capital employed 1.11 2.28 2.29 -11.68 0.12
Gearing ratios
Debt to equity ratio 15.52 19.44 23.55 22.29 21.20
Equity ratio 0.10 0.05 0.04 0.04 0.03
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover - - - - 13.39

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Details of 2 mortgages available.

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