mcconomy & co.limited
mcconomy & co.limited Company Information
Company Number
00282862
Next Accounts
Dec 2025
Shareholders
bradford hide company ltd
Group Structure
View All
Industry
Wholesale of hides, skins and leather
Registered Address
deebaylis building stephens way, goose green, wigan, greater manchester, WN3 6PH
Website
www.mcconomy.commcconomy & co.limited Estimated Valuation
Pomanda estimates the enterprise value of MCCONOMY & CO.LIMITED at £109k based on a Turnover of £396.7k and 0.27x industry multiple (adjusted for size and gross margin).
mcconomy & co.limited Estimated Valuation
Pomanda estimates the enterprise value of MCCONOMY & CO.LIMITED at £1k based on an EBITDA of £382 and a 2.65x industry multiple (adjusted for size and gross margin).
mcconomy & co.limited Estimated Valuation
Pomanda estimates the enterprise value of MCCONOMY & CO.LIMITED at £2.1m based on Net Assets of £1.6m and 1.32x industry multiple (adjusted for liquidity).
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Mcconomy & Co.limited Overview
Mcconomy & Co.limited is a live company located in wigan, WN3 6PH with a Companies House number of 00282862. It operates in the wholesale of hides, skins and leather sector, SIC Code 46240. Founded in December 1933, it's largest shareholder is bradford hide company ltd with a 100% stake. Mcconomy & Co.limited is a mature, micro sized company, Pomanda has estimated its turnover at £396.7k with high growth in recent years.
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Mcconomy & Co.limited Health Check
Pomanda's financial health check has awarded Mcconomy & Co.Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
3 Weak
Size
annual sales of £396.7k, make it smaller than the average company (£7.2m)
- Mcconomy & Co.limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 23%, show it is growing at a faster rate (4%)
- Mcconomy & Co.limited
4% - Industry AVG
Production
with a gross margin of 43.1%, this company has a comparable cost of product (43.1%)
- Mcconomy & Co.limited
43.1% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (7.8%)
- Mcconomy & Co.limited
7.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (20)
2 - Mcconomy & Co.limited
20 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- Mcconomy & Co.limited
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £198.3k, this is equally as efficient (£198.3k)
- Mcconomy & Co.limited
£198.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mcconomy & Co.limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mcconomy & Co.limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mcconomy & Co.limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mcconomy & Co.limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 12.3%, this is a lower level of debt than the average (14.1%)
12.3% - Mcconomy & Co.limited
14.1% - Industry AVG
MCCONOMY & CO.LIMITED financials
Mcconomy & Co.Limited's latest turnover from March 2024 is estimated at £396.7 thousand and the company has net assets of £1.6 million. According to their latest financial statements, Mcconomy & Co.Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | 186,726 | 5,277,437 | 4,477,529 | ||||||||||||
| Other Income Or Grants | 0 | 0 | 0 | ||||||||||||
| Cost Of Sales | 176,154 | 5,081,640 | 4,146,295 | ||||||||||||
| Gross Profit | 10,572 | 195,797 | 331,234 | ||||||||||||
| Admin Expenses | 3,570 | 111,148 | 192,077 | ||||||||||||
| Operating Profit | 7,002 | 84,649 | 139,157 | ||||||||||||
| Interest Payable | 0 | 0 | 4,212 | ||||||||||||
| Interest Receivable | 0 | 758 | 0 | ||||||||||||
| Pre-Tax Profit | 7,002 | 85,407 | 134,945 | ||||||||||||
| Tax | -1,330 | -19,000 | -33,111 | ||||||||||||
| Profit After Tax | 5,672 | 66,407 | 101,834 | ||||||||||||
| Dividends Paid | 0 | 0 | 2,000,000 | ||||||||||||
| Retained Profit | 5,672 | 66,407 | -1,898,166 | ||||||||||||
| Employee Costs | 101,920 | ||||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
| EBITDA* | 7,002 | 86,563 | 143,009 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,914 |
| Intangible Assets | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,914 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,400 | 0 | 213,995 | 248,342 | 37,622 | 79,237 | 45,998 |
| Trade Debtors | 0 | 0 | 0 | 13,552 | 28 | 20,371 | 28 | 28,109 | 14,709 | 115,309 | 161,910 | 1,158,639 | 2,077,588 | 240,270 | 616,271 |
| Group Debtors | 1,831,191 | 1,925,882 | 1,501,362 | 1,811,029 | 1,499,922 | 1,483,981 | 928 | 0 | 0 | 0 | 0 | 0 | 0 | 2,065,894 | 1,590,619 |
| Misc Debtors | 0 | 0 | 0 | 1,907 | 1,926 | 6,133 | 611 | 2,499 | 59,455 | 0 | 0 | 0 | 0 | 86,354 | 49,499 |
| Cash | 0 | 5,519 | 355,051 | 61,516 | 374,472 | 400,351 | 1,882,335 | 2,127,839 | 2,103,572 | 1,745,997 | 2,483,815 | 805,859 | 81,231 | 50,033 | 329,202 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,831,191 | 1,931,401 | 1,856,413 | 1,888,004 | 1,876,348 | 1,910,836 | 1,883,902 | 2,158,447 | 2,240,136 | 1,861,306 | 2,859,720 | 2,212,840 | 2,196,441 | 2,521,788 | 2,631,589 |
| total assets | 1,831,191 | 1,931,401 | 1,856,413 | 1,888,004 | 1,876,348 | 1,910,836 | 1,883,902 | 2,158,447 | 2,240,136 | 1,861,306 | 2,859,720 | 2,212,840 | 2,196,441 | 2,521,788 | 2,633,503 |
| Bank overdraft | 0 | 12 | 0 | 0 | 0 | 0 | 0 | 0 | 73,341 | 0 | 0 | 0 | 0 | 0 | 85,863 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 662 | 5,606 | 5,606 | 3,553 | 27,630 | 3,879 | 66,779 | 96,204 | 214,049 | 1,224,647 | 578,656 | 581,978 | 214,581 | 336,560 |
| Group/Directors Accounts | 0 | 95,539 | 0 | 6,085 | 0 | 15,475 | 84 | 240,668 | 257,616 | 0 | 0 | 0 | 0 | 517,560 | 489,566 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 93 | 4,485 | 25,776 | 72,645 | 77,225 | 82,706 | 101,320 | 113,599 | 122,115 | 0 | 0 | 0 | 0 | 222,441 | 220,715 |
| total current liabilities | 93 | 100,698 | 31,382 | 84,336 | 80,778 | 125,811 | 105,283 | 421,046 | 549,276 | 214,049 | 1,224,647 | 578,656 | 581,978 | 954,582 | 1,132,704 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 |
| hp & lease commitments | 0 | 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 | 0 |
| other liabilities | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 | 225,000 |
| total liabilities | 225,093 | 325,698 | 256,382 | 309,336 | 305,778 | 350,811 | 330,283 | 646,046 | 774,276 | 439,049 | 1,449,647 | 803,656 | 806,978 | 1,179,582 | 1,357,704 |
| net assets | 1,606,098 | 1,605,703 | 1,600,031 | 1,578,668 | 1,570,570 | 1,560,025 | 1,553,619 | 1,512,401 | 1,465,860 | 1,422,257 | 1,410,073 | 1,409,184 | 1,389,463 | 1,342,206 | 1,275,799 |
| total shareholders funds | 1,606,098 | 1,605,703 | 1,600,031 | 1,578,668 | 1,570,570 | 1,560,025 | 1,553,619 | 1,512,401 | 1,465,860 | 1,422,257 | 1,410,073 | 1,409,184 | 1,389,463 | 1,342,206 | 1,275,799 |
| Mar 2024 | 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 | 7,002 | 84,649 | 139,157 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,914 | 3,852 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -1,330 | -19,000 | -33,111 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -62,400 | 62,400 | -213,995 | -34,347 | 210,720 | -41,615 | 33,239 | 45,998 |
| Debtors | -94,691 | 424,520 | -325,126 | 324,612 | -8,609 | 1,508,918 | -29,041 | -43,556 | -41,145 | -46,601 | -996,729 | -918,949 | -314,930 | 136,129 | 2,256,389 |
| Creditors | -662 | -4,944 | 0 | 2,053 | -24,077 | 23,751 | -62,900 | -29,425 | -117,845 | -1,010,598 | 645,991 | -3,322 | 367,397 | -121,979 | 336,560 |
| Accruals and Deferred Income | -4,392 | -21,291 | -46,869 | -4,580 | -5,481 | -18,614 | -12,279 | -8,516 | 122,115 | 0 | 0 | 0 | -222,441 | 1,726 | 220,715 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -445,083 | -222,058 | -1,635,214 | ||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | -95,539 | 95,539 | -6,085 | 6,085 | -15,475 | 15,391 | -240,584 | -16,948 | 257,616 | 0 | 0 | 0 | -517,560 | 27,994 | 489,566 |
| Other Short Term Loans | 0 | 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 | -225,000 | 0 | 0 | 0 | 0 | 0 | 225,000 |
| Hire Purchase and Lease Commitments | 0 | 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 | 225,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 758 | -4,212 | ||||||||||||
| cash flow from financing | 95,539 | 28,752 | 3,884,319 | ||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -5,519 | -349,532 | 293,535 | -312,956 | -25,879 | -1,481,984 | -245,504 | 24,267 | 357,575 | -737,818 | 1,677,956 | 724,628 | 31,198 | -279,169 | 329,202 |
| overdraft | -12 | 12 | 0 | 0 | 0 | 0 | 0 | -73,341 | 73,341 | 0 | 0 | 0 | 0 | -85,863 | 85,863 |
| change in cash | -5,507 | -349,544 | 293,535 | -312,956 | -25,879 | -1,481,984 | -245,504 | 97,608 | 284,234 | -737,818 | 1,677,956 | 724,628 | 31,198 | -193,306 | 243,339 |
mcconomy & co.limited Credit Report and Business Information
Mcconomy & Co.limited Competitor Analysis
Perform a competitor analysis for mcconomy & co.limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in WN3 area or any other competitors across 12 key performance metrics.
mcconomy & co.limited Ownership
MCCONOMY & CO.LIMITED group structure
Mcconomy & Co.Limited has no subsidiary companies.
mcconomy & co.limited directors
Mcconomy & Co.Limited currently has 2 directors. The longest serving directors include Mr John Woodward (May 1999) and Mrs Joanne Platt (May 1999).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Woodward | 60 years | May 1999 | - | Director | |
| Mrs Joanne Platt | 57 years | May 1999 | - | Director |
P&L
March 2024turnover
396.7k
+112%
operating profit
382.5
0%
gross margin
43.1%
+660.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.6m
0%
total assets
1.8m
-0.05%
cash
0
-1%
net assets
Total assets minus all liabilities
mcconomy & co.limited company details
company number
00282862
Type
Private limited with Share Capital
industry
46240 - Wholesale of hides, skins and leather
incorporation date
December 1933
age
92
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
BROSNANS
auditor
-
address
deebaylis building stephens way, goose green, wigan, greater manchester, WN3 6PH
Bank
BARCLAYS BANK PLC
Legal Advisor
-
mcconomy & co.limited 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 found 5 charges/mortgages relating to mcconomy & co.limited. Currently there are 0 open charges and 5 have been satisfied in the past.
mcconomy & co.limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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mcconomy & co.limited Companies House Filings - See Documents
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