f m conway limited

3.5

f m conway limited Company Information

Share F M CONWAY LIMITED
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MatureMegaHigh

Company Number

00706445

Registered Address

conway house vestry road, sevenoaks, kent, TN14 5EL

Industry

Construction of roads and motorways

 

Telephone

01732600700

Next Accounts Due

December 2024

Group Structure

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Directors

Kim Conway32 Years

Andrew Hansen16 Years

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Shareholders

the conway family settlement no.1 23.8%

the conway family settlement no.3 23.8%

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f m conway limited Estimated Valuation

£168.1m

Pomanda estimates the enterprise value of F M CONWAY LIMITED at £168.1m based on a Turnover of £535.3m and 0.31x industry multiple (adjusted for size and gross margin).

f m conway limited Estimated Valuation

£206.2m

Pomanda estimates the enterprise value of F M CONWAY LIMITED at £206.2m based on an EBITDA of £42.5m and a 4.85x industry multiple (adjusted for size and gross margin).

f m conway limited Estimated Valuation

£74.1m

Pomanda estimates the enterprise value of F M CONWAY LIMITED at £74.1m based on Net Assets of £109.8m and 0.68x industry multiple (adjusted for liquidity).

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F M Conway Limited Overview

F M Conway Limited is a live company located in kent, TN14 5EL with a Companies House number of 00706445. It operates in the construction of roads and motorways sector, SIC Code 42110. Founded in October 1961, it's largest shareholder is the conway family settlement no.1 with a 23.8% stake. F M Conway Limited is a mature, mega sized company, Pomanda has estimated its turnover at £535.3m with high growth in recent years.

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F M Conway Limited Health Check

Pomanda's financial health check has awarded F M Conway Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

5 Regular

positive_score

4 Weak

size

Size

annual sales of £535.3m, make it larger than the average company (£19m)

£535.3m - F M Conway Limited

£19m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (6.8%)

18% - F M Conway Limited

6.8% - Industry AVG

production

Production

with a gross margin of 9.4%, this company has a higher cost of product (16.5%)

9.4% - F M Conway Limited

16.5% - Industry AVG

profitability

Profitability

an operating margin of 3.6% make it less profitable than the average company (4.6%)

3.6% - F M Conway Limited

4.6% - Industry AVG

employees

Employees

with 2084 employees, this is above the industry average (68)

2084 - F M Conway Limited

68 - Industry AVG

paystructure

Pay Structure

on an average salary of £58.9k, the company has an equivalent pay structure (£50.2k)

£58.9k - F M Conway Limited

£50.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £256.9k, this is equally as efficient (£244.3k)

£256.9k - F M Conway Limited

£244.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 60 days, this is near the average (54 days)

60 days - F M Conway Limited

54 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 18 days, this is quicker than average (38 days)

18 days - F M Conway Limited

38 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 8 days, this is more than average (4 days)

8 days - F M Conway Limited

4 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is average cash available to meet short term requirements (24 weeks)

22 weeks - F M Conway Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.7%, this is a similar level of debt than the average (61.5%)

66.7% - F M Conway Limited

61.5% - Industry AVG

F M CONWAY LIMITED financials

EXPORTms excel logo

F M Conway Limited's latest turnover from March 2023 is £535.3 million and the company has net assets of £109.8 million. According to their latest financial statements, F M Conway Limited has 2,084 employees and maintains cash reserves of £52.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover535,290,000478,099,000338,178,000325,671,000317,382,685297,408,160252,455,756247,816,904234,502,816165,646,091145,025,202138,317,513128,015,418124,966,609
Other Income Or Grants00000000000000
Cost Of Sales484,735,000428,477,000301,928,000289,042,000298,370,223261,433,634210,975,902216,541,858205,494,429144,101,776127,436,716118,939,912109,105,553107,476,900
Gross Profit50,555,00049,622,00036,250,00036,629,00019,012,46235,974,52641,479,85431,275,04629,008,38721,544,31517,588,48619,377,60118,909,86517,489,709
Admin Expenses31,408,00029,725,00015,636,00021,730,00012,603,96621,875,04416,440,44512,339,25013,297,50011,627,7759,581,6009,719,0557,269,8317,200,429
Operating Profit19,147,00019,897,00020,614,00014,899,0006,408,49614,099,48225,039,40918,935,79615,710,8879,916,5408,006,8869,658,54611,640,03410,289,280
Interest Payable4,041,0002,727,0001,813,0002,423,0002,908,4642,656,8191,594,0691,056,080984,592763,648747,397777,721833,948661,965
Interest Receivable565,000138,00015,000146,000142,0756,85317,8964,0395,1846,16226,42021,98014,3556,059
Pre-Tax Profit15,488,00017,178,00019,845,00012,655,0003,642,10712,183,90823,463,23617,883,75514,731,4799,159,0547,285,9098,902,80510,820,4419,633,374
Tax-4,109,000-7,647,000-5,222,000-4,496,0001,901,094-4,623,700-5,582,727-3,710,232-3,200,674-2,171,818-2,068,692-2,713,289-3,443,308-2,709,955
Profit After Tax11,379,0009,531,00014,623,0008,159,0005,543,2017,560,20817,880,50914,173,52311,530,8056,987,2365,217,2176,189,5167,377,1336,923,419
Dividends Paid6,000,0004,000,0002,500,0002,250,0003,500,0002,500,0003,250,0003,300,0005,350,0003,530,00001,260,0003,570,0002,750,000
Retained Profit5,379,0005,531,00012,123,0005,909,0002,043,2015,060,20814,630,50910,873,5236,180,8053,457,2365,217,2174,929,5163,807,1334,173,419
Employee Costs122,680,000112,025,00086,722,00082,069,00076,428,90571,551,63962,326,33657,507,47951,962,44437,630,31233,169,35433,213,87430,528,81229,597,484
Number Of Employees2,0841,9901,7011,6681,5461,4691,3601,2621,077881781758732698
EBITDA*42,529,00042,705,00037,868,00031,908,00023,649,04532,933,98536,562,20626,806,27022,505,34914,581,12512,255,68513,534,03615,161,33913,524,717

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets110,561,000106,028,000104,206,00095,037,00092,768,34697,516,31097,104,84986,639,36973,676,35465,452,31155,792,32753,793,15642,576,87439,240,647
Intangible Assets50,134,00061,537,00073,080,00040,618,00048,013,50954,813,62062,694,7080000000
Investments & Other553,000736,000866,00010,500,00011,684,43112,392,250562,049346,64430130136,13436,13336,13336,133
Debtors (Due After 1 year)00000000000000
Total Fixed Assets161,248,000168,301,000178,152,000146,155,000152,466,286164,722,180160,361,60686,986,01373,676,65565,452,61255,828,46153,829,28942,613,00739,276,780
Stock & work in progress11,682,00010,470,0006,809,0006,660,0005,912,7006,271,8555,483,6913,765,8533,313,1071,882,8351,332,3491,456,1681,083,068477,943
Trade Debtors89,359,00092,149,00061,776,00057,791,00072,129,93665,981,94572,098,94260,621,90148,586,57745,785,55932,938,09931,644,92128,141,32530,829,963
Group Debtors454,000716,0006,224,0008,837,0000000000000
Misc Debtors14,554,00011,944,0007,171,0003,324,0003,469,2693,673,8243,191,0013,643,3412,795,2235,703,6137,689,7262,230,2102,424,8951,788,838
Cash52,433,00048,598,00040,546,00027,189,00019,789,48515,266,68315,214,1627,668,9658,877,58002,329,24710,338,5707,651,6025,587,828
misc current assets00000000000000
total current assets168,482,000163,877,000122,526,000103,801,000101,301,39091,194,30795,987,79675,700,06063,572,48753,372,00744,289,42145,669,86939,300,89038,684,572
total assets329,730,000332,178,000300,678,000249,956,000253,767,676255,916,487256,349,402162,686,073137,249,142118,824,619100,117,88299,499,15881,913,89777,961,352
Bank overdraft8,000,0006,500,0006,000,0006,000,0006,000,0000001,817,5001,480,4891,823,389000
Bank loan000004,500,0003,250,0007,287,50001,817,50001,530,0001,180,0001,386,250
Trade Creditors 24,256,00023,795,00021,490,00016,771,00018,560,42316,431,19128,502,51825,560,98422,444,19724,767,24315,087,33918,202,31113,768,53515,978,841
Group/Directors Accounts00053,000251,3000000005,6999,348553,839
other short term finances07,216,00000000760,408000000
hp & lease commitments7,721,0005,940,0007,264,0009,033,0009,013,5219,181,5557,777,0886,969,5884,954,7263,104,7932,588,9273,481,0783,716,5293,272,078
other current liabilities83,485,00088,819,00066,324,00062,744,00068,321,23255,189,77144,527,77733,624,13529,844,51919,386,16222,536,89422,805,06518,439,51814,585,512
total current liabilities123,462,000132,270,000101,078,00094,601,000102,146,47685,302,51784,057,38374,202,61559,060,94250,556,18742,036,54946,024,15337,113,93035,776,520
loans64,500,00072,500,00086,216,00051,174,00052,173,83067,250,00071,750,0009,892,50012,832,50014,650,00011,552,50010,472,5008,527,5009,707,500
hp & lease commitments14,422,0009,070,0006,147,00010,352,00011,901,77716,046,59518,159,38716,800,47414,290,4188,863,3635,357,4756,981,0435,274,7285,711,549
Accruals and Deferred Income3,180,0001,153,000000000000000
other liabilities00000000000000
provisions14,321,00012,719,0008,302,0007,151,0005,850,3137,296,1097,421,5741,459,9351,622,2321,126,5011,000,0261,067,347973,1401,042,197
total long term liabilities96,423,00095,442,000100,665,00068,677,00069,925,92090,592,70497,330,96128,152,90928,745,15024,639,86417,910,00118,520,89014,775,36816,461,246
total liabilities219,885,000227,712,000201,743,000163,278,000172,072,396175,895,221181,388,344102,355,52487,806,09275,196,05159,946,55064,545,04351,889,29852,237,766
net assets109,845,000104,466,00098,935,00086,678,00081,695,28080,021,26674,961,05860,330,54949,443,05043,628,56840,171,33234,954,11530,024,59925,723,586
total shareholders funds109,845,000104,466,00098,935,00086,678,00081,695,28080,021,26674,961,05860,330,54949,443,05043,628,56840,171,33234,954,11530,024,59925,723,586
Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit19,147,00019,897,00020,614,00014,899,0006,408,49614,099,48225,039,40918,935,79615,710,8879,916,5408,006,8869,658,54611,640,03410,289,280
Depreciation11,979,00011,397,0009,522,0009,612,0009,843,96910,859,3759,532,1327,870,4746,794,4624,664,5854,248,7993,875,4903,521,3053,235,437
Amortisation11,403,00011,411,0007,732,0007,397,0007,396,5807,975,1281,990,6650000000
Tax-4,109,000-7,647,000-5,222,000-4,496,0001,901,094-4,623,700-5,582,727-3,710,232-3,200,674-2,171,818-2,068,692-2,713,289-3,443,308-2,709,955
Stock1,212,0003,661,000149,000747,300-359,155788,1641,717,838452,7461,430,272550,486-123,819373,100605,125477,943
Debtors-442,00029,638,0005,219,000-5,647,2055,943,436-5,634,17411,024,70112,883,442-107,37210,861,3476,752,6943,308,911-2,052,58132,618,801
Creditors461,0002,305,0004,719,000-1,789,4232,129,232-12,071,3272,941,5343,116,787-2,323,0469,679,904-3,114,9724,433,776-2,210,30615,978,841
Accruals and Deferred Income-3,307,00023,648,0003,580,000-5,577,23213,131,46110,661,99410,903,6423,779,61610,458,357-3,150,732-268,1714,365,5473,854,00614,585,512
Deferred Taxes & Provisions1,602,0004,417,0001,151,0001,300,687-1,445,796-125,4655,961,639-162,297495,731126,475-67,32194,207-69,0571,042,197
Cash flow from operations36,406,00032,129,00036,728,00026,245,93733,780,75531,621,49738,043,75516,493,95626,612,8177,653,121107,65416,032,26614,740,1309,324,568
Investing Activities
capital expenditure00009,391,017-18,005,775-72,733,688-13,860,665-6,222,489-8,947,389-7,980,047-9,537,897-2,505,326-3,265,137
Change in Investments-183,000-130,000-9,634,000-1,184,431-707,81911,830,201215,405346,3430-35,83310036,133
cash flow from investments183,000130,0009,634,0001,184,43110,098,836-29,835,976-72,949,093-14,207,008-6,222,489-8,911,556-7,980,048-9,537,897-2,505,326-3,301,270
Financing Activities
Bank loans0000-4,500,0001,250,000-4,037,5007,287,500-1,817,5001,817,500-1,530,000350,000-206,2501,386,250
Group/Directors Accounts00-53,000-198,300251,30000000-5,699-3,649-544,491553,839
Other Short Term Loans -7,216,0007,216,0000000-760,408760,408000000
Long term loans-8,000,000-13,716,00035,042,000-999,830-15,076,170-4,500,00061,857,500-2,940,000-1,817,5003,097,5001,080,0001,945,000-1,180,0009,707,500
Hire Purchase and Lease Commitments7,133,0001,599,000-5,974,000-1,530,298-4,312,852-708,3252,166,4134,524,9187,276,9884,021,754-2,515,7191,470,8647,6308,983,627
other long term liabilities00000000000000
share issue00134,000-926,280-369,1870013,976-366,323000493,88021,550,167
interest-3,476,000-2,589,000-1,798,000-2,277,000-2,766,389-2,649,966-1,576,173-1,052,041-979,408-757,486-720,977-755,741-819,593-655,906
cash flow from financing-11,559,000-7,490,00027,351,000-5,931,708-26,773,298-6,608,29157,649,8328,594,7612,296,2578,179,268-3,692,3953,006,474-2,248,82441,525,477
cash and cash equivalents
cash3,835,0008,052,00013,357,0007,399,5154,522,80252,5217,545,197-1,208,6158,877,580-2,329,247-8,009,3232,686,9682,063,7745,587,828
overdraft1,500,000500,000006,000,00000-1,817,500337,011-342,9001,823,389000
change in cash2,335,0007,552,00013,357,0007,399,515-1,477,19852,5217,545,197608,8858,540,569-1,986,347-9,832,7122,686,9682,063,7745,587,828

f m conway limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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F M Conway Limited Competitor Analysis

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Perform a competitor analysis for f m conway limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in TN14 area or any other competitors across 12 key performance metrics.

f m conway limited Ownership

F M CONWAY LIMITED Shareholders

the conway family settlement no.1 23.75%
the conway family settlement no.3 23.75%
the conway family settlement no.2 23.75%
the conway family settlement no.4 23.75%
mrs kim conway 5%

f m conway limited directors

F M Conway Limited currently has 5 directors. The longest serving directors include Mrs Kim Conway (Dec 1991) and Mr Andrew Hansen (Jan 2008).

officercountryagestartendrole
Mrs Kim ConwayEngland66 years Dec 1991- Director
Mr Andrew HansenEngland57 years Jan 2008- Director
Mrs Joanne ConwayEngland43 years Feb 2011- Director
Mr Christopher Webster66 years Jun 2016- Director
Mr Mark GoldsworthyEngland45 years Jun 2020- Director

P&L

March 2023

turnover

535.3m

+12%

operating profit

19.1m

-4%

gross margin

9.5%

-9%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2023

net assets

109.8m

+0.05%

total assets

329.7m

-0.01%

cash

52.4m

+0.08%

net assets

Total assets minus all liabilities

f m conway limited company details

company number

00706445

Type

Private limited with Share Capital

industry

42110 - Construction of roads and motorways

incorporation date

October 1961

age

63

incorporated

UK

accounts

Group

ultimate parent company

None

previous names

N/A

last accounts submitted

March 2023

address

conway house vestry road, sevenoaks, kent, TN14 5EL

accountant

-

auditor

SAFFERY CHAMPNESS LLP

f m conway 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 27 charges/mortgages relating to f m conway limited. Currently there are 4 open charges and 23 have been satisfied in the past.

charges

f m conway limited Companies House Filings - See Documents

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