Company Identification Details
Creditline Recommendations
|
Monthly Credit Guide
|
GBP 1,125,000
|
Official Company Data
|
Legal Form
|
Private Limited
|
|
Registration Number
|
01388658
|
|
VAT Number
|
GB242686058
|
|
Subject Status
|
Trading
|
|
Date of Incorporation
|
13/09/1978
|
|
Registered Office
|
3RD FLOOR BUILDING 5 CHISWICK PA, CHISWICK HIGH ROAD, LONDON, W4
5YF.
|
|
History
|
2/12/2010 : The
Registered Office address changed from WATSON HOUSE, 54 BAKER STREET,
LONDON, W1U 7W.
|
|
|
26/11/2010 : The
Registered Office address changed from WATSON HOUSE, 54 BAKER STREET,
LONDON, W1U 7W.
|
|
|
12/07/2001 : The Registered
Office address changed from 455 LONDON ROAD, ISLEWORTH, MIDDLESEX, TW7 5.
|
|
|
30/04/1999 : The
Registered Office address changed from ORION HOUSE, 5 UPPER ST MARTINS
LANE, LONDON,.
|
|
|
31/03/1998 : The Registered
Office address changed from 2ND FLOOR, HAMMERSLEY HOUSE, 5/8 WARWICK STRE.
|
|
|
1/10/1997 : Change
of name from BAKER HUGHES (U.K.) LIMITED.
|
|
|
1/10/1995 : Change
of name from BAKER HUGHES LIMITED.
|
|
|
23/06/1995 : The
Registered Office address changed from 2ND FLOOR,HAMMERSLEY HOUSE.,
5-8,WARWICK STRE.
|
|
|
2/10/1987 : Change
of name from BAKER INTERNATIONAL LIMITED.
|
|
|
15/06/1984 : Change
of name from BAKER ENERGY HOLDINGS LIMITED.
|
|
|
31/12/1979 : Change of
name from LEGIBUS FIVE LIMITED.
|
|
Date of Last Annual Return to Registry
|
20/01/2011
|
|
Accounts
|
The last filed accounts at Companies House are those to 31/12/2009
|
|
Accounting Reference Date
|
31/12
|
Operations
|
Activities
|
The provision of equipment and services to the oil and gas industry.
|
|
Nace Code
|
2952
|
|
Premises
|
Leased,Offices
|
|
Staff Employed
|
2,687
|
|
Trading Divisions
|
BAKER OIL TOOLS, BAKER PETROLITE, BAKER PROCESS, BAKER
ATLAS, BAKER SAND CONTROLS, TECHEM DIV
|
|
Trade Names
|
BAKER HUGHES DRILLING FLU, HUGHES CHRISTENSEN CO, BAKER
PERFORMANCE CHEM.
|
|
Product Names
|
R & B BIRD MACHINE
|
|
Import Countries
|
ALL OVER THE WORLD
|
|
Export Countries
|
ALL OVER THE WORLD
|
|
Bankers
|
JPMORGAN CHASE BK
|
|
Address
|
WOOLGATE HOUSE COLEMAN ST.
|
|
Sort Code
|
609242
|
|
Auditors
|
Deloitte LLP
|
|
Branches
|
BAKER HUGHES
DRILLING FLUIDS, BAKER HUGHES BUILDINGS, STONEYWOOD PARK NORTH DYCE,
ABERDEENSHIRE, AB21 7EA.
|
|
|
SPEEDWELL ROAD, NEWCASTLE-UNDER-LYNE,
STAFFORDSHIRE, ST5 7RG.
|
|
|
BAKER ATLAS, 154
BRENT STREET, LONDON, NW4 2DR.
|
|
|
HUGES CHRISTENSEN,
MONTGOMERY ROAD, BELFAST, NORTHERN IRELAND, BT6 9HQ.
|
|
|
CENTRILIFT UK AT: HOWE
MOSS PLA, KIRKHILL INDUSTRIAL ESTATE, ABERDEEN, AB2 0ES.
|
|
|
MONARCH HOUSE,
EVERSLEY WAY, EGHAM, SURREY, TW20 8RY.
|
|
|
CAMPUS 1, BALGOWNIE
ROAD, ABERDEEN, ABERDEENSHIRE, AB22 8GT.
|
|
|
BAKER PETROLITE, KIRKBY
BANK ROAD, LIVERPOOL, MERSEYSIDE, L33 7SY.
|
|
|
BAKER PETROLITE,
HOWE MOSS AVENUE, KIRKHILL INDUSTRIAL ESTATE, DYCE ABERDEEN, AB21 0GP.
|
|
|
9 PINES INDUSTRIAL
ESTATE, BROAD STREET, GUILDFORD, SURREY, GU3 3BH.
|
|
|
PO BOX 18237, DYCEDEEN,
ABERDEEN, AB21 7YS.
|
|
Associated Companies
|
Exploration Logging
(Services) Ltd - dormant
|
|
Subsidiaries
|
BAKER HUGHES (BJ)
LTD.
|
|
|
BAKER HUGHES (UK)
LIMITED
|
|
|
BAKER HUGHES
PROFESSIONAL SERVICES LIMITED
|
|
|
BAKER HUGHES UK PENSION
TRUSTEES LIMITED
|
|
|
BAKER OIL TOOLS
(UNITED KINGDOM) LIMITED
|
|
|
BAKER PETROLITE
LIMITED
|
|
|
BAKER PRODUCTION
SERVICES (UK) LIMITED
|
|
|
BAKER SERVICE TOOLS
LTD.
|
|
|
BFCC LIMITED
|
|
|
EIMCO PROCESS
EQUIPMENT LIMITED
|
|
|
GCA INTERNATIONAL
LIMITED
|
|
|
HUGHES TOOL COMPANY
LIMITED
|
|
|
OCRE (SCOTLAND)
LIMITED
|
|
|
R & B FILTRATION
SYSTEMS LIMITED
|
|
|
TRI-STATE OIL TOOL
(U.K.) LIMITED
|
|
|
VORTOIL SEPARATION
SYSTEMS LIMITED
|
|
|
WESTRONICS EUROPE
LIMITED
|
Historical Rating
|
Date
|
Monthly Credit Guide
|
|
28/06/2011
|
1,125,000
|
|
28/03/2011
|
1,125,000
|
|
28/12/2010
|
1,125,000
|
|
28/09/2010
|
1,125,000
|
|
28/06/2010
|
1,125,000
|
Previous Searches
|
Last 3 Months
|
Last 6 Months
|
Last 12 Months
|
|
9
|
16
|
38
|
|
Search History Details
|
|
|
|
The Search History Details shows details of the most recent 40
searches
|
|
Date
|
Description
|
|
15/06/2011
|
Other retail sale in specialised stores
|
|
14/06/2011
|
Manufacture of computers and other information processing equipment
|
|
14/06/2011
|
Other credit granting
|
|
14/06/2011
|
Miscellaneous
|
|
02/06/2011
|
Other retail sale in specialised stores
|
|
27/04/2011
|
Activities of other transport agencies
|
|
14/04/2011
|
Other credit granting
|
|
01/04/2011
|
Other credit granting
|
|
01/04/2011
|
Other credit granting
|
|
02/03/2011
|
Manufacture of insulated wire and cable
|
|
09/02/2011
|
Other credit granting
|
|
27/01/2011
|
Other credit granting
|
|
20/01/2011
|
Financial leasing
|
|
13/01/2011
|
Labour recruitment and provision of personnel
|
|
13/01/2011
|
Manufacture of computers and other information processing equipment
|
|
05/01/2011
|
Other credit granting
|
|
17/12/2010
|
Other credit granting
|
|
13/12/2010
|
Other credit granting
|
|
23/11/2010
|
Maintenance and repair of office, accounting and computing machinery
|
|
22/11/2010
|
Hotels
|
|
19/11/2010
|
Other credit granting
|
|
10/11/2010
|
Other retail sale in specialised stores
|
|
26/10/2010
|
Wholesale of solid, liquid and gaseous fuels and related products
|
|
13/10/2010
|
Other credit granting
|
|
11/10/2010
|
Activities of other transport agencies
|
|
04/10/2010
|
Other credit granting
|
|
04/10/2010
|
Other credit granting
|
|
16/09/2010
|
Wholesale of solid, liquid and gaseous fuels and related products
|
|
15/09/2010
|
Reproduction of computer media
|
|
07/09/2010
|
Wholesale of solid, liquid and gaseous fuels and related products
|
|
27/08/2010
|
Labour recruitment and provision of personnel
|
|
18/08/2010
|
Other credit granting
|
|
18/08/2010
|
Other credit granting
|
|
17/08/2010
|
Miscellaneous
|
|
05/08/2010
|
Other credit granting
|
|
30/07/2010
|
Other retail sale in specialised stores
|
|
27/07/2010
|
Other retail sale in specialised stores
|
|
07/07/2010
|
Other credit granting
|
|
25/06/2010
|
Miscellaneous
|
Public Record Information
|
Summary of CCJ's/Scottish Decrees
|
|
No CCJs/Scottish
Decrees are recorded in our file.
|
Other Filings and Notices
|
02/12/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
12/10/2010
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
12/11/2009
|
Companies House Gazette
|
Notification of any change among the company's directors
|
|
13/08/2009
|
Companies House Gazette
|
Change among directors of a company
|
|
30/04/2009
|
Companies House Gazette
|
Change among directors of a company
|
|
10/02/2009
|
Companies House Gazette
|
Change among directors of a company
|
|
04/12/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
09/08/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
25/06/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
19/06/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
30/05/2008
|
Companies House Gazette
|
Change among directors of a company
|
|
20/08/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
07/07/2007
|
Companies House Gazette
|
Alteration in memorandum or articles of association
|
|
14/02/2007
|
Companies House Gazette
|
Change among directors of a company
|
|
21/10/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
25/09/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
13/06/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
22/02/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
15/02/2006
|
Companies House Gazette
|
Change among directors of a company
|
|
04/05/2005
|
Companies House Gazette
|
Change among directors of a company
|
Company Secretary
|
Secretary
|
PAUL BRYAN STOKES
|
|
Service Address
|
14 JOINERS WAY, CHALFONT ST PETER, BUCKINGHAMSHIRE, SL9 0BH.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Appointment Date
|
02/04/2007
|
Directors
|
Director
|
MR CHRISTOPHER ASQUITH
|
|
Service Address
|
3RD FLOOR BUILDING 5 CHISWICK PARK, CHISWICK, LONDON, W4 5YF.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
28/10/1955
|
|
Appointment Date
|
14/07/2008
|
|
Other Directorships
|
TITAN SUBSEA SERVICES LIMITED, DRILEX SYSTEMS LIMITED, BAKER
HUGHES (BJ) LTD., SHAREWELL HORIZONTAL SYSTEMS LIMITED, BJ
SERVICES COMPANY (UK) LIMITED, ODI SERVICES LIMITED, BJ SERVICES
COMPANY AFRICA LIMITED, Z. & S. GEOLOGY LIMITED, OCRE
(SCOTLAND) LIMITED, BJ SERVICES COMPANY LIMITED, BJ SERVICES
COMPANY MIDDLE EAST LIMITED, APOLLO SERVICES (UK) LIMITED, Z.
& S. (ASIA) LIMITED, ZEROTH TECHNOLOGY LIMITED, BAKER ENERGY
LIMITED, BAKER RDS LIMITED, EIMCO PROCESS EQUIPMENT
LIMITED, HUGHES TOOL COMPANY LIMITED, BAKER PETROLITE
LIMITED, BAKER INTERNATIONAL LIMITED, BAKER SERVICE TOOLS
LTD., BAKER OIL TOOLS (UNITED KINGDOM) LIMITED, GCA INTERNATIONAL
LIMITED, BAKER HUGHES (UK) LIMITED, GAFFNEY, CLINE &
ASSOCIATES LIMITED, TRI-STATE OIL TOOL (U.K.) LIMITED, BH EEC
LTD., DRILEX U.K. LIMITED, Z. & S. GEOSCIENCE LIMITED, BFCC
LIMITED, plus others.
|
|
Director
|
MICHAEL ALLAN RASMUSON
|
|
Service Address
|
2, 60 CANFIELD GARDENS, LONDON, NW6 3EB.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
12/08/1971
|
|
Appointment Date
|
28/02/2005
|
|
Other Directorships
|
60 CANFIELD GARDENS MANAGEMENT CO. LIMITED
|
|
Director
|
MR WILLIAM GEORGE RUSSELL
|
|
Service Address
|
3RD FLOOR BUILDING 5 CHISWICK PARK, CHISWICK, LONDON, W4 5YF.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
29/05/1952
|
|
Appointment Date
|
26/11/2010
|
|
Other Directorships
|
BYRON COURT (LIVERPOOL) MANAGEMENT COMPANY LIMITED
|
|
Vice President
|
PETER DAVID MURPHY
|
|
Service Address
|
5 ST MARNAN ROAD, TORPHINS, AB31 4JQ.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
11/12/1957
|
|
Appointment Date
|
02/07/2009
|
|
Director
|
CALUM PETER BOWMAN
|
|
Service Address
|
WATSON HOUSE 54 BAKER STREET, LONDON, W1U 7WH.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
21/01/1972
|
|
Appointment Date
|
19/10/2009
|
|
Director
|
MS LISA ANNE BURNETT
|
|
Service Address
|
3RD FLOOR BUILDING 5 CHISWICK PARK, CHISWICK, LONDON, W4 5YF.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
01/12/1965
|
|
Appointment Date
|
26/11/2010
|
|
Director
|
MRS ELAINE DORIS MAYS
|
|
Service Address
|
OLD MONTROSE HOUSE, BY MONTROSE, ANGUS, DD10 9LN.
|
|
Country of Origin
|
UNITED KINGDOM
|
|
Date of Birth
|
10/01/1970
|
|
Appointment Date
|
08/04/2008
|
|
Other Directorships
|
TITAN SUBSEA SERVICES LIMITED, DRILEX SYSTEMS LIMITED, BAKER
HUGHES UK PENSION TRUSTEES LIMITED, BAKER HUGHES (BJ)
LTD., SHAREWELL HORIZONTAL SYSTEMS LIMITED, BJ SERVICES COMPANY
(UK) LIMITED, ODI SERVICES LIMITED, BJ SERVICES COMPANY AFRICA
LIMITED, Z. & S. GEOLOGY LIMITED, BJ SERVICES COMPANY
LIMITED, BJ SERVICES COMPANY MIDDLE EAST LIMITED, APOLLO SERVICES
(UK) LIMITED, Z. & S. (ASIA) LIMITED, ZEROTH TECHNOLOGY
LIMITED, BAKER ENERGY LIMITED, BAKER RDS LIMITED, EIMCO
PROCESS EQUIPMENT LIMITED, HUGHES TOOL COMPANY LIMITED, BAKER
PETROLITE LIMITED, BAKER INTERNATIONAL LIMITED, BAKER SERVICE
TOOLS LTD., BAKER OIL TOOLS (UNITED KINGDOM) LIMITED, GCA
INTERNATIONAL LIMITED, BAKER HUGHES (UK) LIMITED, GAFFNEY, CLINE
& ASSOCIATES LIMITED, TRI-STATE OIL TOOL (U.K.) LIMITED, BAKER
PRODUCTION SERVICES (UK) LIMITED, BH EEC LTD., DRILEX U.K.
LIMITED, Z. & S. GEOSCIENCE LIMITED, plus others.
|
Share Capital
|
Shares
|
Ordinary GBP 1.00
|
|
Issued Number
|
2,761,635
|
|
Principal Shareholder
|
2,761,635 Baker Hughes EHO Ltd
|
|
The above reflects the principle shareholder(s) by number of shares
held, irrespective of share classification type.
|
|
Holding Company
|
Baker Hughes EHO Ltd
|
|
Ultimate Parent
|
BAKER HUGHES INC., a company incorporated in USA
|
General Information
|
Centrilift UK is a trading division of the subject. Baker Petrolite
is a division of the subject. Baker Hughes PMG UK is a division of the
subject.
|
Financial Data– Statutory Accounts
Profit and
Loss
The following figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Consolidated
|
|
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
SALES
|
589678
|
601028
|
545656
|
510504
|
|
UK sales
|
237641
|
269770
|
295271
|
267585
|
|
Export
|
352037
|
331258
|
250385
|
242919
|
|
Cost of goods sold
|
426017
|
412367
|
383927
|
371995
|
|
GROSS PROFIT
|
163661
|
188661
|
161729
|
138509
|
|
Wages and Salaries
|
148091
|
141852
|
130264
|
128843
|
|
Directors Emoluments
|
1505
|
1974
|
1273
|
1414
|
|
Auditors Fees
|
598
|
559
|
514
|
287
|
|
Non-Audit Fees
|
21
|
12
|
10
|
301
|
|
Trading Profit
|
90543
|
102520
|
89767
|
57109
|
|
Depreciation
|
17206
|
15009
|
13815
|
12269
|
|
OPERATING PROFIT
|
73337
|
87511
|
75952
|
44840
|
|
Non Trading Income
|
685
|
3451
|
2663
|
67542
|
|
Interest Payable
|
1520
|
8210
|
7714
|
12611
|
|
PRE TAX PROFIT
|
72502
|
82752
|
70901
|
99771
|
|
Taxation
|
27145
|
19523
|
26335
|
17483
|
|
PROFIT AFTER TAX
|
45357
|
63229
|
44566
|
82288
|
|
Dividends Payable
|
|
|
|
41000
|
|
RETAINED PROFITS
|
45357
|
63229
|
44566
|
41288
|
Balance Sheet
The following figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Consolidated
|
|
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
TOTAL FIXED ASSETS
|
236025
|
222028
|
120740
|
125782
|
|
Tangible Assets
|
207561
|
188026
|
80529
|
78504
|
|
Fixed Assets
|
93647
|
90040
|
80529
|
76018
|
|
Intermediate assets
|
113914
|
97986
|
|
2486
|
|
Intangible Assets
|
28464
|
34002
|
40211
|
47278
|
|
TOTAL CURRENT ASSETS
|
310442
|
417871
|
283882
|
225826
|
|
Trade debtors
|
49371
|
80046
|
50649
|
47883
|
|
Stocks
|
67531
|
75718
|
67314
|
65451
|
|
Other Current Assets
|
193540
|
262107
|
165919
|
112492
|
|
Misc Current Assets
|
64557
|
143502
|
100874
|
58929
|
|
Due From Group
|
124245
|
116272
|
62130
|
52364
|
|
Cash
|
4738
|
2333
|
2915
|
1199
|
|
TOTAL ASSETS
|
546467
|
639899
|
404622
|
351608
|
|
TOTAL CURRENT LIABILITIES
|
277147
|
413121
|
205840
|
190296
|
|
Trade creditors
|
16921
|
28014
|
19501
|
18969
|
|
Short Term Loans
|
216479
|
319312
|
142541
|
125302
|
|
Bank Overdraft
|
2510
|
|
|
1151
|
|
Due To Group
|
213969
|
319312
|
142541
|
124151
|
|
Other Liabilities
|
43747
|
65795
|
43798
|
46025
|
|
WORKING CAPITAL
|
33295
|
4750
|
78042
|
35530
|
|
TOTAL LONG TERM LIABS
|
18778
|
8956
|
11727
|
18894
|
|
Long Term Loans
|
|
|
|
1009
|
|
Other Finance
|
|
|
|
1009
|
|
Other Liabilities
|
18778
|
8956
|
11727
|
17885
|
|
NET ASSETS/(LIABILITIES)
|
250542
|
217822
|
187055
|
142418
|
|
SHARE CAPITAL + RESERVES
|
250542
|
217822
|
187055
|
142418
|
|
Share Cap + Sundry Res
|
63611
|
61431
|
87183
|
86761
|
|
Issued Share Capital
|
2761
|
2761
|
2761
|
54945
|
|
Sundry Reserves
|
60850
|
58670
|
84422
|
31816
|
|
Profit and Loss account
|
186931
|
156391
|
99872
|
55657
|
|
SHAREHOLDERS FUNDS
|
250542
|
217822
|
187055
|
142418
|
|
CAPITAL EMPLOYED
|
269320
|
226778
|
198782
|
161312
|
Financial
Comparison
The following
figures are shown in units of 1000
|
Number of Weeks
|
52
|
52
|
52
|
52
|
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Consolidated
|
|
|
Yes
|
Yes
|
|
Currency
|
GBP
|
GBP
|
GBP
|
GBP
|
|
Directors Remuneration
|
1505
|
1974
|
1273
|
1414
|
|
Auditors Remuneration
|
598
|
559
|
514
|
287
|
|
Liquid Assets
|
54109
|
82379
|
53564
|
49082
|
|
Net Working Capital
|
33295
|
4750
|
78042
|
35530
|
|
Long Term Debt(>12 Months)
|
|
|
|
1009
|
|
Other Deferred Liabs
|
18778
|
8956
|
11727
|
17885
|
|
Tangible Net Worth(T.N.W)
|
222078
|
183820
|
146844
|
95140
|
|
Equity
|
250542
|
217822
|
187055
|
142418
|
|
Number of Years Trading
|
31
|
30
|
29
|
28
|
|
Number of Employees
|
2687
|
3195
|
2805
|
2817
|
|
Profit per Employee
|
26982.5
|
25900.5
|
25276.6
|
35417.5
|
|
Sales per Employee
|
219455.9
|
188115.2
|
194529.8
|
181222.6
|
Key Credit
Ratios
The following
figures are shown as Ratios or Percentages
|
Accounts Date
|
31/12/2009
|
31/12/2008
|
31/12/2007
|
31/12/2006
|
|
Consolidated
|
|
|
Yes
|
Yes
|
|
Current Ratio
|
1.1
|
1
|
1.4
|
1.2
|
|
Pre Tax Profit Margin%
|
12.3
|
13.8
|
13
|
19.5
|
|
Gross Profit%
|
27.8
|
31.4
|
29.6
|
27.1
|
|
Debtors Days (D.S.O)
|
31
|
49
|
34
|
34
|
|
Creditors Days (D.P.O)
|
10
|
17
|
13
|
14
|
|
Quick Ratio
|
0.9
|
0.8
|
1.1
|
0.8
|
|
W.I.P/Inventory Days
|
57.9
|
67
|
64
|
64.2
|
|
Return on Investment%
|
15.2
|
16.7
|
23
|
39.2
|
|
Return on Assets%
|
13.3
|
12.9
|
17.5
|
28.4
|
|
T.N.W/Total Assets%
|
40.6
|
28.7
|
36.3
|
27.1
|
|
Return on Capital%
|
26.9
|
36.5
|
35.7
|
61.8
|
|
Rtn on Shareholders Funds%
|
28.9
|
38
|
37.9
|
70.1
|
|
Working Capital/Sales%
|
5.6
|
0.8
|
14.3
|
7
|
|
Borrowing Ratio%
|
97.5
|
173.7
|
97.1
|
132.8
|
|
Equity Gearing%
|
84.7
|
51.6
|
86
|
68.1
|
|
Stock Turnover
|
8.7
|
7.9
|
8.1
|
7.8
|
|
Days Purchases Outstanding
|
14.5
|
24.8
|
18.5
|
18.6
|
|
Sales/Fixed Assets
|
6.3
|
6.7
|
6.8
|
6.7
|
|
Debt Gearing
|
|
|
|
1.1
|
Key Industry Sector Trends
|
Year
|
2011
|
2010
|
2009
|
2008
|
|
Sample Size
|
52
|
1379
|
1853
|
1886
|
|
Pre-Tax Profit Margin
|
25.4
|
4.2
|
2.6
|
4
|
|
Current Ratio
|
1.4
|
1.6
|
1.6
|
1.5
|
|
Borrowing Ratio
|
76.6
|
14.2
|
22.8
|
20.5
|
|
Return on Capital
|
58.2
|
27.4
|
25.6
|
33.3
|
|
Creditors Days
|
45
|
123
|
64
|
70
|
|
Above figures relate to companies in 2003 Standard Industry
Classification (Nace) sector : Manufacture of other special purpose
machinery
|
Financial Summary
Auditors Qualification
The Auditors have expressed a clean opinion (i.e.
unqualified with no referrals) on the accounts for the period ended
31/12/2009.
Turnover
Turnover decreased by 2 % in the year.
Operating Profit
Totalled GBP 73,337,000. In the year prior a Profit of GBP
87,511,000 was achieved.
Pre Tax Profit
The subject's profit decreased by 12 % over the previous
year.
Working Capital
The company's working capital has increased by 601 % in
the period.
Net Worth
Net worth has increased by 15 % and now stands at GBP
250,542,000.
Fixed Assets
The subject's fixed assets increased during the year by
GBP 13,997,000 to GBP 236,025,000 and are now 43 % of total assets compared
with 34 % in the previous year.
Long Term Liabilities
The company's long term liabilities increased during the
period by 109% and are now 7 % of net worth compared with 4 % in the previous
period.
Long Term Liabilities
Long term liabilities are now 3 % of total liabilities
compared with 1 % in the previous period.
Long Term Liabilities
Long term liabilities are 7 % of capital employed, an increase
of 3 % over the previous period.
|
