nmcn plc
nmcn plc Company Information
Company Number
00425188
Next Accounts
1148 days late
Industry
Construction of domestic buildings
Construction of water projects
Shareholders
-
Group Structure
View All
Contact
Registered Address
11th floor, landmark st peter's square, 1 oxford st, manchester, M1 4PB
Website
www.nmcn.comnmcn plc Estimated Valuation
Pomanda estimates the enterprise value of NMCN PLC at £231.5m based on a Turnover of £404.7m and 0.57x industry multiple (adjusted for size and gross margin).
nmcn plc Estimated Valuation
Pomanda estimates the enterprise value of NMCN PLC at £88.9m based on an EBITDA of £13.2m and a 6.74x industry multiple (adjusted for size and gross margin).
nmcn plc Estimated Valuation
Pomanda estimates the enterprise value of NMCN PLC at £37m based on Net Assets of £20.9m and 1.77x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Nmcn Plc Overview
Nmcn Plc is a live company located in 1 oxford st, M1 4PB with a Companies House number of 00425188. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in December 1946, it's largest shareholder is unknown. Nmcn Plc is a mature, mega sized company, Pomanda has estimated its turnover at £404.7m with high growth in recent years.
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Nmcn Plc Health Check
Pomanda's financial health check has awarded Nmcn Plc a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
3 Weak
Size
annual sales of £404.7m, make it larger than the average company (£8.8m)
£404.7m - Nmcn Plc
£8.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (6.5%)
17% - Nmcn Plc
6.5% - Industry AVG
Production
with a gross margin of 20%, this company has a comparable cost of product (20%)
20% - Nmcn Plc
20% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (6.8%)
1.9% - Nmcn Plc
6.8% - Industry AVG
Employees
with 1718 employees, this is above the industry average (37)
1718 - Nmcn Plc
37 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£48.9k)
£49.4k - Nmcn Plc
£48.9k - Industry AVG
Efficiency
resulting in sales per employee of £235.5k, this is equally as efficient (£230.4k)
£235.5k - Nmcn Plc
£230.4k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (46 days)
8 days - Nmcn Plc
46 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (34 days)
73 days - Nmcn Plc
34 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (84 days)
2 days - Nmcn Plc
84 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (16 weeks)
12 weeks - Nmcn Plc
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 85.1%, this is a higher level of debt than the average (72.6%)
85.1% - Nmcn Plc
72.6% - Industry AVG
NMCN PLC financials
Nmcn Plc's latest turnover from December 2019 is £404.7 million and the company has net assets of £20.9 million. According to their latest financial statements, Nmcn Plc has 1,718 employees and maintains cash reserves of £25.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 404,658,000 | 340,450,000 | 302,761,000 | 250,489,000 | 217,612,000 | 193,175,000 | 177,555,000 | 168,928,000 | 167,220,000 | 164,523,000 | 144,185,000 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | |||||||||||
| Gross Profit | |||||||||||
| Admin Expenses | |||||||||||
| Operating Profit | 7,670,000 | 6,162,000 | 9,300,000 | 2,241,000 | 847,000 | -2,846,000 | -5,855,000 | 775,000 | -716,000 | 3,812,000 | 1,771,000 |
| Interest Payable | 278,000 | 185,000 | 187,000 | 179,000 | 241,000 | 125,000 | 121,000 | 77,000 | 91,000 | 108,000 | 217,000 |
| Interest Receivable | 49,000 | 31,000 | 0 | 0 | 0 | 1,000 | 4,000 | 12,000 | 24,000 | 9,000 | 17,000 |
| Pre-Tax Profit | 7,441,000 | 6,008,000 | 9,113,000 | 2,062,000 | 606,000 | -2,970,000 | -5,972,000 | 710,000 | -783,000 | 3,713,000 | 1,554,000 |
| Tax | -1,529,000 | -1,187,000 | -1,884,000 | 572,000 | 645,000 | -21,000 | 71,000 | -174,000 | 147,000 | -1,064,000 | -957,000 |
| Profit After Tax | 5,912,000 | 4,821,000 | 7,229,000 | 2,634,000 | 1,251,000 | -2,991,000 | -5,901,000 | 536,000 | -636,000 | 2,649,000 | 597,000 |
| Dividends Paid | 2,151,000 | 914,000 | 0 | 152,000 | 0 | 0 | 407,000 | 446,000 | 833,000 | 833,000 | 833,000 |
| Retained Profit | 3,761,000 | 3,907,000 | 6,621,000 | 2,482,000 | 1,251,000 | -2,991,000 | -6,308,000 | 27,000 | -1,590,000 | 1,685,000 | -402,000 |
| Employee Costs | 84,867,000 | 78,633,000 | 69,486,000 | 58,738,000 | 53,350,000 | 48,919,000 | 42,884,000 | 40,657,000 | 38,412,000 | 36,954,000 | 36,575,000 |
| Number Of Employees | 1,718 | 1,536 | 1,422 | 1,280 | 1,183 | 1,149 | 1,067 | 1,007 | 993 | 961 | 973 |
| EBITDA* | 13,188,000 | 10,839,000 | 12,899,000 | 4,641,000 | 2,807,000 | -1,157,000 | -4,144,000 | 2,402,000 | 929,000 | 5,459,000 | 3,404,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 29,400,000 | 23,493,000 | 19,397,000 | 15,062,000 | 13,486,000 | 11,223,000 | 11,087,000 | 10,699,000 | 10,713,000 | 10,234,000 | 9,714,000 |
| Intangible Assets | 2,272,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,267,000 | 1,267,000 |
| Investments & Other | 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 |
| Total Fixed Assets | 31,672,000 | 23,493,000 | 19,397,000 | 15,062,000 | 13,486,000 | 11,223,000 | 11,087,000 | 10,699,000 | 10,713,000 | 11,501,000 | 10,981,000 |
| Stock & work in progress | 1,805,000 | 1,791,000 | 1,820,000 | 2,065,000 | 2,335,000 | 1,722,000 | 1,529,000 | 1,496,000 | 1,551,000 | 1,939,000 | 1,577,000 |
| Trade Debtors | 9,698,000 | 8,422,000 | 6,874,000 | 29,642,000 | 24,245,000 | 32,491,000 | 30,363,000 | 32,007,000 | 31,642,000 | 0 | 0 |
| Group Debtors | 14,309,000 | 8,479,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30,491,000 |
| Misc Debtors | 57,194,000 | 43,913,000 | 46,753,000 | 8,053,000 | 7,150,000 | 784,000 | 329,000 | 396,000 | 422,000 | 28,735,000 | 529,000 |
| Cash | 25,814,000 | 33,353,000 | 17,006,000 | 11,405,000 | 6,621,000 | 5,276,000 | 4,877,000 | 5,065,000 | 9,229,000 | 8,911,000 | 6,173,000 |
| misc current assets | 0 | 0 | 0 | 12,175,000 | 17,558,000 | 12,851,000 | 13,022,000 | 16,768,000 | 12,187,000 | 12,293,000 | 8,430,000 |
| total current assets | 108,820,000 | 95,958,000 | 72,453,000 | 63,340,000 | 57,909,000 | 53,124,000 | 50,120,000 | 55,732,000 | 55,031,000 | 51,878,000 | 47,200,000 |
| total assets | 140,492,000 | 119,451,000 | 91,850,000 | 78,402,000 | 71,395,000 | 64,347,000 | 61,207,000 | 66,431,000 | 65,744,000 | 63,379,000 | 58,181,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 65,500,000 | 42,346,000 | 45,585,000 | 52,353,000 | 48,385,000 | 46,379,000 | 41,465,000 | 45,898,000 | 36,894,000 | 31,540,000 | 28,776,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,172,000 | 687,000 | 2,451,000 | 2,185,000 | 1,965,000 | 1,545,000 | 766,000 | 926,000 | 846,000 | 740,000 | 669,000 |
| other current liabilities | 42,175,000 | 53,538,000 | 28,063,000 | 8,986,000 | 8,203,000 | 5,074,000 | 6,092,000 | 115,000 | 7,689,000 | 9,309,000 | 8,785,000 |
| total current liabilities | 108,847,000 | 96,571,000 | 76,099,000 | 63,524,000 | 58,553,000 | 52,998,000 | 48,323,000 | 46,939,000 | 45,429,000 | 41,589,000 | 38,230,000 |
| loans | 7,354,000 | 4,064,000 | 5,028,000 | 3,570,000 | 4,526,000 | 4,108,000 | 1,370,000 | 1,754,000 | 1,790,000 | 1,716,000 | 542,000 |
| hp & lease commitments | 3,677,000 | 2,032,000 | 2,514,000 | 1,785,000 | 2,263,000 | 2,054,000 | 685,000 | 877,000 | 895,000 | 858,000 | 271,000 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 6,709,000 | 2,329,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 626,000 | 700,000 | 808,000 | 788,000 | 722,000 | 658,000 | 484,000 | 700,000 | 1,158,000 | 1,150,000 | 1,114,000 |
| total long term liabilities | 10,699,000 | 4,711,000 | 2,918,000 | 2,179,000 | 2,624,000 | 2,383,000 | 927,000 | 1,227,000 | 1,474,000 | 1,433,000 | 828,000 |
| total liabilities | 119,546,000 | 101,282,000 | 79,017,000 | 65,703,000 | 61,177,000 | 55,381,000 | 49,250,000 | 48,166,000 | 46,903,000 | 43,022,000 | 39,058,000 |
| net assets | 20,946,000 | 18,169,000 | 12,833,000 | 12,699,000 | 10,218,000 | 8,966,000 | 11,957,000 | 18,265,000 | 18,268,000 | 19,858,000 | 18,403,000 |
| total shareholders funds | 20,946,000 | 18,169,000 | 12,833,000 | 12,699,000 | 10,218,000 | 8,966,000 | 11,957,000 | 18,265,000 | 18,268,000 | 19,858,000 | 18,403,000 |
| Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 7,670,000 | 6,162,000 | 9,300,000 | 2,241,000 | 847,000 | -2,846,000 | -5,855,000 | 775,000 | -716,000 | 3,812,000 | 1,771,000 |
| Depreciation | 5,475,000 | 4,677,000 | 3,599,000 | 2,400,000 | 1,960,000 | 1,689,000 | 1,711,000 | 1,627,000 | 1,645,000 | 1,647,000 | 1,633,000 |
| Amortisation | 43,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -1,529,000 | -1,187,000 | -1,884,000 | 572,000 | 645,000 | -21,000 | 71,000 | -174,000 | 147,000 | -1,064,000 | -957,000 |
| Stock | 14,000 | -29,000 | -245,000 | -270,000 | 613,000 | 193,000 | 33,000 | -55,000 | -388,000 | 362,000 | 1,577,000 |
| Debtors | 20,387,000 | 7,187,000 | 15,932,000 | 6,300,000 | -1,880,000 | 2,583,000 | -1,711,000 | 339,000 | 3,329,000 | -2,285,000 | 31,020,000 |
| Creditors | 23,154,000 | -3,239,000 | -6,768,000 | 3,968,000 | 2,006,000 | 4,914,000 | -4,433,000 | 9,004,000 | 5,354,000 | 2,764,000 | 28,776,000 |
| Accruals and Deferred Income | -11,363,000 | 25,475,000 | 19,077,000 | 783,000 | 3,129,000 | -1,018,000 | 5,977,000 | -7,574,000 | -1,620,000 | 524,000 | 8,785,000 |
| Deferred Taxes & Provisions | -74,000 | -108,000 | 20,000 | 66,000 | 64,000 | 174,000 | -216,000 | -458,000 | 8,000 | 36,000 | 1,114,000 |
| Cash flow from operations | 2,975,000 | 24,622,000 | 7,657,000 | 4,000,000 | 9,918,000 | 116,000 | -1,067,000 | 2,916,000 | 1,877,000 | 9,642,000 | |
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 3,290,000 | -964,000 | 1,458,000 | -956,000 | 418,000 | 2,738,000 | -384,000 | -36,000 | 74,000 | 1,174,000 | 542,000 |
| Hire Purchase and Lease Commitments | 2,130,000 | -2,246,000 | 995,000 | -258,000 | 629,000 | 2,148,000 | -352,000 | 62,000 | 143,000 | 658,000 | 940,000 |
| other long term liabilities | 4,380,000 | 2,329,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | -229,000 | -154,000 | -187,000 | -179,000 | -241,000 | -124,000 | -117,000 | -65,000 | -67,000 | -99,000 | -200,000 |
| cash flow from financing | 8,587,000 | 394,000 | -4,221,000 | -1,394,000 | 807,000 | 4,762,000 | -853,000 | -69,000 | 150,000 | 1,503,000 | 20,087,000 |
| cash and cash equivalents | |||||||||||
| cash | -7,539,000 | 16,347,000 | 5,601,000 | 4,784,000 | 1,345,000 | 399,000 | -188,000 | -4,164,000 | 318,000 | 2,738,000 | 6,173,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -7,539,000 | 16,347,000 | 5,601,000 | 4,784,000 | 1,345,000 | 399,000 | -188,000 | -4,164,000 | 318,000 | 2,738,000 | 6,173,000 |
nmcn plc Credit Report and Business Information
Nmcn Plc Competitor Analysis
Perform a competitor analysis for nmcn plc by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in M 1 area or any other competitors across 12 key performance metrics.
nmcn plc Ownership
NMCN PLC group structure
Nmcn Plc has 5 subsidiary companies.
Ultimate parent company
NMCN PLC
00425188
5 subsidiaries
nmcn plc directors
Nmcn Plc currently has 8 directors. The longest serving directors include Mr Robert Moyle (May 1992) and Mr Ian Elliott (Mar 2006).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Moyle | 72 years | May 1992 | - | Director | |
| Mr Ian Elliott | 77 years | Mar 2006 | - | Director | |
| Mr Andrew Langman | England | 59 years | Mar 2013 | - | Director |
| Mr Michael Holt | 64 years | Oct 2018 | - | Director | |
| Ms Margaret Amos | 54 years | Dec 2018 | - | Director | |
| Mr Alan Foster | 53 years | Jan 2021 | - | Director | |
| Mr Lee Marks | England | 52 years | May 2021 | - | Director |
| Mr Lee Marks | 52 years | May 2021 | - | Director |
P&L
December 2019turnover
404.7m
+19%
operating profit
7.7m
+24%
gross margin
20.1%
-10.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2019net assets
20.9m
+0.15%
total assets
140.5m
+0.18%
cash
25.8m
-0.23%
net assets
Total assets minus all liabilities
nmcn plc company details
company number
00425188
Type
Public limited with Share Capital
industry
41202 - Construction of domestic buildings
42910 - Construction of water projects
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
December 1946
age
78
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2019
previous names
north midland construction public limited company (November 2018)
north midland construction company limited (April 1982)
accountant
-
auditor
BDO LLP
address
11th floor, landmark st peter's square, 1 oxford st, manchester, M1 4PB
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
BROWNE JACOBSON
nmcn plc 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 22 charges/mortgages relating to nmcn plc. Currently there are 1 open charges and 21 have been satisfied in the past.
nmcn plc Companies House Filings - See Documents
| date | description | view/download |
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