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KORRIE MECHANICAL & PLUMBING LTD

Company TypePrivate Limited
Company NumberSC386013
Incorporated2010-09-27
IndustryOther specialised construction activities n.e.c.
Websitewww.korrie.co.uk
Phone Number01463 729111
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

KORRIE MECHANICAL & PLUMBING LTD was formed on the 27th September 2010 (filed on the 3rd May 2016) , and are based in Inverness-Shire, 9 Carsegate Road North. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 12th May 2016 when it was upgraded to the current A from B. 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 £738,390 on a turnover of £13,113,660 (up 95% from 2014) .

There is 1 major shareholder listed for KORRIE MECHANICAL & PLUMBING LTD with Ingen Technical Services Ltd owning the most shares by value.

Addresses

Registered address

Unit 3+4, 9
Carsegate Road North
Inverness
Highland
IV3 8DU

Trading addresses

9 Carsegate Road North
Inverness
Inverness-shire
IV3 8DU
Unit 1 19c Neil Gunn Drive
Ormlie Industrial Estate
Thurso
Caithness
KW14 7QU
1 more trading address not shown.

Financials

31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Cash £1,772,356 £1,086,636 £851,935 £302,845 £351,487
Tangible net worth £2,693,204 £1,803,053 £1,146,966 £641,175 £346,592
Current liabilities £3,324,165 £2,095,031 £2,027,205 £1,588,903 £1,139,262
Current assets £5,753,239 £3,296,294 £2,638,901 £2,020,465 £1,338,252
31st December 2015 31st December 2014 31st December 2013 31st December 2012 31st December 2011
Solvency ratios
Current ratio 1.73 1.57 1.30 1.27 1.17
Efficiency ratios
Return on assets 0.12 0.10 0.16 - -
Return on capital employed 0.33 0.27 0.55 - -
Gearing ratios
Debt to equity ratio 37.29 28.44 28.15 22.74 16.50
Equity ratio 0.01 0.02 0.02 0.03 0.05
Debt ratio 0.01 0.01 0.02 - -
Other ratios
Debtor days - - - - -
Interest cover 116.44 43.56 59.59 - -

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Details of 2 mortgages available.

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