mitsubishi electric air conditioning systems europe ltd. Company Information
Company Number
SC191805
Registered Address
mitsubishi electric air conditio, nettlehill road, houstoun industrial estate, livingston, EH54 5EQ
Industry
Manufacture of electric domestic appliances
Manufacture of non-domestic cooling and ventilation equipment
Telephone
01506445500
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mitsubishi electric corp 90%
mitsubishi electric europe bv 10%
mitsubishi electric air conditioning systems europe ltd. Estimated Valuation
Pomanda estimates the enterprise value of MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. at £398.1m based on a Turnover of £361.5m and 1.1x industry multiple (adjusted for size and gross margin).
mitsubishi electric air conditioning systems europe ltd. Estimated Valuation
Pomanda estimates the enterprise value of MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. at £12.9m based on an EBITDA of £1.6m and a 8.17x industry multiple (adjusted for size and gross margin).
mitsubishi electric air conditioning systems europe ltd. Estimated Valuation
Pomanda estimates the enterprise value of MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. at £131.8m based on Net Assets of £50.5m and 2.61x industry multiple (adjusted for liquidity).
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Mitsubishi Electric Air Conditioning Systems Europe Ltd. Overview
Mitsubishi Electric Air Conditioning Systems Europe Ltd. is a live company located in houstoun industrial estate, EH54 5EQ with a Companies House number of SC191805. It operates in the manufacture of electric domestic appliances sector, SIC Code 27510. Founded in December 1998, it's largest shareholder is mitsubishi electric corp with a 90% stake. Mitsubishi Electric Air Conditioning Systems Europe Ltd. is a mature, mega sized company, Pomanda has estimated its turnover at £361.5m with high growth in recent years.
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Mitsubishi Electric Air Conditioning Systems Europe Ltd. Health Check
Pomanda's financial health check has awarded Mitsubishi Electric Air Conditioning Systems Europe Ltd. a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
5 Strong
![positive_score](/assets/images/scoreRate1.png)
2 Regular
![positive_score](/assets/images/scoreRate0.png)
5 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £361.5m, make it larger than the average company (£21.5m)
£361.5m - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
£21.5m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (3.1%)
16% - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
3.1% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 16.3%, this company has a higher cost of product (31.3%)
16.3% - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
31.3% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -1.5% make it less profitable than the average company (3.1%)
-1.5% - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
3.1% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 1747 employees, this is above the industry average (87)
1747 - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
87 - Industry AVG
![paystructure](/assets/images/scoreRate2.png)
Pay Structure
on an average salary of £31.5k, the company has a lower pay structure (£45.9k)
£31.5k - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
£45.9k - Industry AVG
![efficiency](/assets/images/scoreRate1.png)
Efficiency
resulting in sales per employee of £206.9k, this is equally as efficient (£209.8k)
£206.9k - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
£209.8k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (62 days)
0 days - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
62 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (46 days)
11 days - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
46 days - Industry AVG
![stockdays](/assets/images/scoreRate1.png)
Stock Days
it holds stock equivalent to 84 days, this is in line with average (78 days)
84 days - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
78 days - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (6 weeks)
1 weeks - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
6 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 78.9%, this is a higher level of debt than the average (61.9%)
78.9% - Mitsubishi Electric Air Conditioning Systems Europe Ltd.
61.9% - Industry AVG
MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Mitsubishi Electric Air Conditioning Systems Europe Ltd.'s latest turnover from March 2023 is £361.5 million and the company has net assets of £50.5 million. According to their latest financial statements, Mitsubishi Electric Air Conditioning Systems Europe Ltd. has 1,747 employees and maintains cash reserves of £6.2 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 361,493,000 | 293,040,000 | 253,712,000 | 230,966,000 | 212,231,000 | 194,185,000 | 164,417,000 | 147,147,000 | 130,046,000 | 95,875,000 | 74,635,000 | 73,902,000 | 83,403,000 | 65,300,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cost Of Sales | 302,511,000 | 266,570,000 | 197,209,000 | 178,442,000 | 162,546,000 | 141,427,000 | 109,503,000 | 98,804,000 | 87,449,000 | 65,556,000 | 50,753,000 | 50,539,000 | 52,286,000 | 37,389,000 |
Gross Profit | 58,982,000 | 26,470,000 | 56,503,000 | 52,524,000 | 49,685,000 | 52,758,000 | 54,914,000 | 48,343,000 | 42,597,000 | 30,319,000 | 23,882,000 | 23,363,000 | 31,117,000 | 27,911,000 |
Admin Expenses | 64,353,000 | 59,553,000 | 54,348,000 | 46,469,000 | 46,117,000 | 35,946,000 | 34,436,000 | 30,236,000 | 27,604,000 | 22,159,000 | 18,423,000 | 20,685,000 | 18,861,000 | 17,385,000 |
Operating Profit | -5,371,000 | -33,083,000 | 2,155,000 | 6,055,000 | 3,568,000 | 16,812,000 | 20,478,000 | 18,107,000 | 14,993,000 | 8,160,000 | 5,459,000 | 2,678,000 | 12,256,000 | 10,526,000 |
Interest Payable | 3,361,000 | 712,000 | 703,000 | 611,000 | 486,000 | 573,000 | 314,000 | 376,000 | 278,000 | 1,000 | 1,289,000 | 1,236,000 | 1,222,000 | 1,030,000 |
Interest Receivable | 167,000 | 3,000 | 5,000 | 55,000 | 40,000 | 29,000 | 56,000 | 40,000 | 66,000 | 104,000 | 1,287,000 | 1,386,000 | 1,299,000 | 939,000 |
Pre-Tax Profit | -8,565,000 | -33,792,000 | 1,457,000 | 5,499,000 | 3,122,000 | 16,268,000 | 20,220,000 | 17,771,000 | 14,775,000 | 8,101,000 | 5,457,000 | 2,828,000 | 12,333,000 | 10,435,000 |
Tax | 2,980,000 | 6,450,000 | 22,000 | -1,463,000 | -1,681,000 | -2,780,000 | -4,328,000 | -3,667,000 | -3,319,000 | -2,111,000 | -1,503,000 | -895,000 | -3,664,000 | -3,078,000 |
Profit After Tax | -5,585,000 | -27,342,000 | 1,479,000 | 4,036,000 | 1,441,000 | 13,488,000 | 15,892,000 | 14,104,000 | 11,456,000 | 5,990,000 | 3,954,000 | 1,933,000 | 8,669,000 | 7,357,000 |
Dividends Paid | 0 | 207,000 | 2,104,000 | 2,495,000 | -1,148,000 | 8,122,000 | 7,412,000 | 6,082,000 | 4,839,000 | 2,798,000 | 909,000 | 5,667,000 | 2,004,000 | 14,610,000 |
Retained Profit | -5,585,000 | -27,549,000 | -625,000 | 1,541,000 | 2,589,000 | 5,366,000 | 8,480,000 | 8,022,000 | 6,617,000 | 3,192,000 | 3,045,000 | -3,734,000 | 6,665,000 | -7,253,000 |
Employee Costs | 54,965,000 | 46,509,000 | 34,610,000 | 32,455,000 | 29,762,000 | 26,764,000 | 23,506,000 | 21,553,000 | 18,151,000 | 13,331,000 | 11,195,000 | 10,893,000 | 11,461,000 | 9,875,000 |
Number Of Employees | 1,747 | 1,593 | 1,386 | 1,170 | 1,037 | 981 | 882 | 865 | 715 | 517 | 455 | 454 | 502 | 415 |
EBITDA* | 1,577,000 | -25,472,000 | 9,262,000 | 12,788,000 | 10,611,000 | 21,523,000 | 24,703,000 | 21,939,000 | 18,277,000 | 10,742,000 | 8,226,000 | 5,773,000 | 15,287,000 | 13,461,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 43,976,000 | 38,365,000 | 34,005,000 | 34,055,000 | 30,515,000 | 29,892,000 | 28,690,000 | 21,448,000 | 20,691,000 | 19,483,000 | 16,822,000 | 18,076,000 | 19,568,000 | 20,613,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 43,976,000 | 38,365,000 | 34,005,000 | 34,055,000 | 30,515,000 | 29,892,000 | 28,690,000 | 21,448,000 | 20,691,000 | 19,483,000 | 16,822,000 | 18,076,000 | 19,568,000 | 20,613,000 |
Stock & work in progress | 70,317,000 | 70,285,000 | 47,854,000 | 26,782,000 | 21,057,000 | 21,989,000 | 22,343,000 | 15,048,000 | 15,079,000 | 10,152,000 | 12,119,000 | 9,515,000 | 10,227,000 | 7,715,000 |
Trade Debtors | 926,000 | 4,000 | 5,000 | 1,000 | 31,000 | 42,000 | 2,000 | 3,000 | 30,000 | 49,000 | 32,000 | 58,000 | 67,000 | 41,000 |
Group Debtors | 108,865,000 | 102,214,000 | 87,514,000 | 65,077,000 | 65,084,000 | 52,019,000 | 46,233,000 | 44,877,000 | 44,743,000 | 33,818,000 | 24,298,000 | 19,154,000 | 38,872,000 | 28,642,000 |
Misc Debtors | 9,417,000 | 7,151,000 | 7,866,000 | 7,062,000 | 8,418,000 | 5,659,000 | 5,526,000 | 2,923,000 | 2,927,000 | 1,288,000 | 229,000 | 281,000 | 307,000 | 276,000 |
Cash | 6,232,000 | 2,919,000 | 3,064,000 | 9,919,000 | 7,680,000 | 16,461,000 | 16,580,000 | 18,560,000 | 9,256,000 | 16,564,000 | 19,998,000 | 21,125,000 | 8,406,000 | 13,161,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 195,757,000 | 182,573,000 | 146,303,000 | 108,841,000 | 102,270,000 | 96,170,000 | 90,684,000 | 81,411,000 | 72,035,000 | 61,871,000 | 56,676,000 | 50,133,000 | 57,879,000 | 49,835,000 |
total assets | 239,733,000 | 220,938,000 | 180,308,000 | 142,896,000 | 132,785,000 | 126,062,000 | 119,374,000 | 102,859,000 | 92,726,000 | 81,354,000 | 73,498,000 | 68,209,000 | 77,447,000 | 70,448,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 9,730,000 | 18,420,000 | 10,822,000 | 2,600,000 | 5,328,000 | 5,255,000 | 3,676,000 | 3,357,000 | 2,593,000 | 2,579,000 | 1,009,000 | 691,000 | 1,362,000 | 803,000 |
Group/Directors Accounts | 159,268,000 | 120,521,000 | 47,395,000 | 23,424,000 | 16,567,000 | 8,238,000 | 7,926,000 | 7,151,000 | 4,508,000 | 4,044,000 | 3,427,000 | 2,910,000 | 4,579,000 | 3,387,000 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 11,174,000 | 13,170,000 | 26,910,000 | 20,058,000 | 17,104,000 | 17,183,000 | 16,677,000 | 11,743,000 | 11,725,000 | 9,458,000 | 6,706,000 | 5,031,000 | 7,607,000 | 8,436,000 |
total current liabilities | 180,172,000 | 152,111,000 | 85,127,000 | 46,082,000 | 38,999,000 | 30,676,000 | 28,279,000 | 22,251,000 | 18,826,000 | 16,081,000 | 11,142,000 | 8,632,000 | 13,548,000 | 12,626,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 9,075,000 | 18,844,000 | 22,522,000 | 20,286,000 | 19,752,000 | 19,279,000 | 21,837,000 | 9,019,000 | 11,456,000 | 4,734,000 | 4,517,000 | 3,718,000 | 2,042,000 | 2,147,000 |
total liabilities | 189,247,000 | 170,955,000 | 107,649,000 | 66,368,000 | 58,751,000 | 49,955,000 | 50,116,000 | 31,270,000 | 30,282,000 | 20,815,000 | 15,659,000 | 12,350,000 | 15,590,000 | 14,773,000 |
net assets | 50,486,000 | 49,983,000 | 72,659,000 | 76,528,000 | 74,034,000 | 76,107,000 | 69,258,000 | 71,589,000 | 62,444,000 | 60,539,000 | 57,839,000 | 55,859,000 | 61,857,000 | 55,675,000 |
total shareholders funds | 50,486,000 | 49,983,000 | 72,659,000 | 76,528,000 | 74,034,000 | 76,107,000 | 69,258,000 | 71,589,000 | 62,444,000 | 60,539,000 | 57,839,000 | 55,859,000 | 61,857,000 | 55,675,000 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -5,371,000 | -33,083,000 | 2,155,000 | 6,055,000 | 3,568,000 | 16,812,000 | 20,478,000 | 18,107,000 | 14,993,000 | 8,160,000 | 5,459,000 | 2,678,000 | 12,256,000 | 10,526,000 |
Depreciation | 6,948,000 | 7,611,000 | 7,107,000 | 6,733,000 | 7,043,000 | 4,711,000 | 4,225,000 | 3,832,000 | 3,284,000 | 2,582,000 | 2,767,000 | 3,095,000 | 3,031,000 | 2,935,000 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 2,980,000 | 6,450,000 | 22,000 | -1,463,000 | -1,681,000 | -2,780,000 | -4,328,000 | -3,667,000 | -3,319,000 | -2,111,000 | -1,503,000 | -895,000 | -3,664,000 | -3,078,000 |
Stock | 32,000 | 22,431,000 | 21,072,000 | 5,725,000 | -932,000 | -354,000 | 7,295,000 | -31,000 | 4,927,000 | -1,967,000 | 2,604,000 | -712,000 | 2,512,000 | 7,715,000 |
Debtors | 9,839,000 | 13,984,000 | 23,245,000 | -1,393,000 | 15,813,000 | 5,959,000 | 3,958,000 | 103,000 | 12,545,000 | 10,596,000 | 5,066,000 | -19,753,000 | 10,287,000 | 28,959,000 |
Creditors | -8,690,000 | 7,598,000 | 8,222,000 | -2,728,000 | 73,000 | 1,579,000 | 319,000 | 764,000 | 14,000 | 1,570,000 | 318,000 | -671,000 | 559,000 | 803,000 |
Accruals and Deferred Income | -1,996,000 | -13,740,000 | 6,852,000 | 2,954,000 | -79,000 | 506,000 | 4,934,000 | 18,000 | 2,267,000 | 2,752,000 | 1,675,000 | -2,576,000 | -829,000 | 8,436,000 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | -16,000,000 | -61,579,000 | -19,959,000 | 7,219,000 | -5,957,000 | 15,223,000 | 14,375,000 | 18,982,000 | -233,000 | 4,324,000 | 1,046,000 | 22,096,000 | -1,446,000 | -17,052,000 |
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 38,747,000 | 73,126,000 | 23,971,000 | 6,857,000 | 8,329,000 | 312,000 | 775,000 | 2,643,000 | 464,000 | 617,000 | 517,000 | -1,669,000 | 1,192,000 | 3,387,000 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | -3,194,000 | -709,000 | -698,000 | -556,000 | -446,000 | -544,000 | -258,000 | -336,000 | -212,000 | 103,000 | -2,000 | 150,000 | 77,000 | -91,000 |
cash flow from financing | 41,641,000 | 77,290,000 | 20,029,000 | 7,254,000 | 3,221,000 | 1,251,000 | -10,294,000 | 3,430,000 | -4,460,000 | 228,000 | -550,000 | -3,783,000 | 786,000 | 66,224,000 |
cash and cash equivalents | ||||||||||||||
cash | 3,313,000 | -145,000 | -6,855,000 | 2,239,000 | -8,781,000 | -119,000 | -1,980,000 | 9,304,000 | -7,308,000 | -3,434,000 | -1,127,000 | 12,719,000 | -4,755,000 | 13,161,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 3,313,000 | -145,000 | -6,855,000 | 2,239,000 | -8,781,000 | -119,000 | -1,980,000 | 9,304,000 | -7,308,000 | -3,434,000 | -1,127,000 | 12,719,000 | -4,755,000 | 13,161,000 |
mitsubishi electric air conditioning systems europe ltd. Credit Report and Business Information
Mitsubishi Electric Air Conditioning Systems Europe Ltd. Competitor Analysis
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Perform a competitor analysis for mitsubishi electric air conditioning systems europe ltd. by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mitsubishi electric air conditioning systems europe ltd. Ownership
MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD. group structure
Mitsubishi Electric Air Conditioning Systems Europe Ltd. has no subsidiary companies.
Ultimate parent company
MITSUBISHI ELECTRIC CORP
#0002298
1 parent
MITSUBISHI ELECTRIC AIR CONDITIONING SYSTEMS EUROPE LTD.
SC191805
mitsubishi electric air conditioning systems europe ltd. directors
Mitsubishi Electric Air Conditioning Systems Europe Ltd. currently has 4 directors. The longest serving directors include Mr Tatsuo Ono (Apr 2018) and Mr Masami Kusano (Apr 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Tatsuo Ono | 58 years | Apr 2018 | - | Director | |
Mr Masami Kusano | United Kingdom | 58 years | Apr 2021 | - | Director |
Mr Taro Kato | 57 years | Apr 2023 | - | Director | |
Mr Taro Hattori | 54 years | Apr 2024 | - | Director |
P&L
March 2023turnover
361.5m
+23%
operating profit
-5.4m
-84%
gross margin
16.4%
+80.63%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
50.5m
+0.01%
total assets
239.7m
+0.09%
cash
6.2m
+1.13%
net assets
Total assets minus all liabilities
mitsubishi electric air conditioning systems europe ltd. company details
company number
SC191805
Type
Private limited with Share Capital
industry
27510 - Manufacture of electric domestic appliances
28250 - Manufacture of non-domestic cooling and ventilation equipment
incorporation date
December 1998
age
26
accounts
Full Accounts
ultimate parent company
previous names
randotte (no. 470) limited (June 1999)
incorporated
UK
address
mitsubishi electric air conditio, nettlehill road, houstoun industrial estate, livingston, EH54 5EQ
last accounts submitted
March 2023
mitsubishi electric air conditioning systems europe ltd. Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to mitsubishi electric air conditioning systems europe ltd..
![charges](/assets/images/company_charges.png)
mitsubishi electric air conditioning systems europe ltd. Companies House Filings - See Documents
date | description | view/download |
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