mcgee environmental services limited
mcgee environmental services limited Company Information
Company Number
00831363
Next Accounts
Aug 2025
Shareholders
mcgee group (holdings) limited
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Registered Address
unit 8 wharfside rosemont road, wembley, HA0 4PE
Website
www.mcgee.co.ukmcgee environmental services limited Estimated Valuation
Pomanda estimates the enterprise value of MCGEE ENVIRONMENTAL SERVICES LIMITED at £1.2m based on a Turnover of £3.3m and 0.35x industry multiple (adjusted for size and gross margin).
mcgee environmental services limited Estimated Valuation
Pomanda estimates the enterprise value of MCGEE ENVIRONMENTAL SERVICES LIMITED at £1.4m based on an EBITDA of £387.8k and a 3.49x industry multiple (adjusted for size and gross margin).
mcgee environmental services limited Estimated Valuation
Pomanda estimates the enterprise value of MCGEE ENVIRONMENTAL SERVICES LIMITED at £1.9m based on Net Assets of £888.4k and 2.13x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mcgee Environmental Services Limited Overview
Mcgee Environmental Services Limited is a live company located in wembley, HA0 4PE with a Companies House number of 00831363. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in December 1964, it's largest shareholder is mcgee group (holdings) limited with a 100% stake. Mcgee Environmental Services Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.3m with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mcgee Environmental Services Limited Health Check
Pomanda's financial health check has awarded Mcgee Environmental Services Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £3.3m, make it smaller than the average company (£6.5m)
£3.3m - Mcgee Environmental Services Limited
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.8%)
-3% - Mcgee Environmental Services Limited
8.8% - Industry AVG
Production
with a gross margin of 18.4%, this company has a higher cost of product (25%)
18.4% - Mcgee Environmental Services Limited
25% - Industry AVG
Profitability
an operating margin of 11.6% make it more profitable than the average company (6%)
11.6% - Mcgee Environmental Services Limited
6% - Industry AVG
Employees
with 19 employees, this is below the industry average (30)
19 - Mcgee Environmental Services Limited
30 - Industry AVG
Pay Structure
on an average salary of £65.7k, the company has a higher pay structure (£47.6k)
£65.7k - Mcgee Environmental Services Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £175.5k, this is equally as efficient (£189.7k)
£175.5k - Mcgee Environmental Services Limited
£189.7k - Industry AVG
Debtor Days
it gets paid by customers after 38 days, this is earlier than average (57 days)
38 days - Mcgee Environmental Services Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 16 days, this is quicker than average (38 days)
16 days - Mcgee Environmental Services Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mcgee Environmental Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (20 weeks)
33 weeks - Mcgee Environmental Services Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.1%, this is a lower level of debt than the average (61.1%)
32.1% - Mcgee Environmental Services Limited
61.1% - Industry AVG
MCGEE ENVIRONMENTAL SERVICES LIMITED financials
Mcgee Environmental Services Limited's latest turnover from November 2023 is £3.3 million and the company has net assets of £888.4 thousand. According to their latest financial statements, Mcgee Environmental Services Limited has 19 employees and maintains cash reserves of £269.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,335,160 | 2,529,469 | 3,931,556 | 3,632,138 | 5,367,707 | 1,754,826 | 1,323,440 | 1,200,937 | 2,672,057 | 1,482,712 | 2,405,881 | 1,144,175 | 812,571 | 1,188,607 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 2,721,452 | 2,364,828 | 3,244,737 | 3,322,242 | 4,446,894 | 1,594,142 | 1,042,301 | 1,239,713 | 2,181,382 | 1,570,195 | 2,027,976 | 984,862 | 554,498 | 758,264 |
| Gross Profit | 613,708 | 164,641 | 686,819 | 309,896 | 920,813 | 160,684 | 281,139 | -38,776 | 490,675 | -87,483 | 377,905 | 159,313 | 258,073 | 430,343 |
| Admin Expenses | 225,918 | 127,069 | 344,392 | 229,766 | 172,885 | |||||||||
| Operating Profit | 387,790 | 37,572 | -34,496 | -70,453 | 85,188 | |||||||||
| Interest Payable | 647 | |||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 387,143 | 37,572 | 300,215 | -34,496 | 417,156 | -85,312 | 94,732 | 2,087 | -165,583 | -672,585 | 1,529 | -70,453 | 85,188 | 22,802 |
| Tax | -90,677 | -7,494 | -57,220 | 4,729 | -80,383 | 1,412 | -1,412 | 33,117 | 87,316 | -306 | 14,317 | -21,094 | 1,125 | |
| Profit After Tax | 296,466 | 30,078 | 242,995 | -29,767 | 336,773 | -83,900 | 93,320 | 2,087 | -132,466 | -585,269 | 1,223 | -56,136 | 64,094 | 23,927 |
| Dividends Paid | ||||||||||||||
| Retained Profit | 296,466 | 30,078 | 242,995 | -29,767 | 336,773 | -83,900 | 93,320 | 2,087 | -132,466 | -585,269 | 1,223 | -56,136 | 64,094 | 23,927 |
| Employee Costs | 1,248,528 | 1,390,997 | 1,620,815 | 1,613,371 | 1,714,511 | 1,009,126 | 1,073,368 | 993,223 | 515,555 | |||||
| Number Of Employees | 19 | 24 | 29 | 27 | 27 | 15 | 24 | 23 | 14 | 10 | 12 | |||
| EBITDA* | 387,790 | 37,572 | -34,496 | -70,453 | 85,188 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||||||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | ||||||||||||||
| Stock & work in progress | ||||||||||||||
| Trade Debtors | 349,678 | 62,137 | 66,553 | 141,769 | 100,253 | 188,606 | ||||||||
| Group Debtors | 685,743 | 514,068 | 561,615 | 216,042 | 188,173 | 87,316 | 87,316 | 139,577 | 725,152 | 723,623 | 794,076 | 708,888 | ||
| Misc Debtors | 2,217 | 3,951 | 33,136 | 5,412 | 2,521 | 6,450 | ||||||||
| Cash | 269,871 | 213,294 | 219,603 | 209,332 | 207,737 | 252,602 | 250,000 | |||||||
| misc current assets | ||||||||||||||
| total current assets | 1,307,509 | 793,450 | 880,907 | 572,555 | 498,684 | 441,208 | 256,450 | 87,316 | 87,316 | 139,577 | 725,152 | 723,623 | 794,076 | 708,888 |
| total assets | 1,307,509 | 793,450 | 880,907 | 572,555 | 498,684 | 441,208 | 256,450 | 87,316 | 87,316 | 139,577 | 725,152 | 723,623 | 794,076 | 708,888 |
| Bank overdraft | ||||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 121,350 | 44,176 | 173,003 | 172,138 | 78,710 | 144,377 | ||||||||
| Group/Directors Accounts | 155,804 | 77,792 | 84,895 | 86,982 | ||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 297,773 | 157,354 | 146,062 | 81,570 | 71,360 | 129,186 | 82,917 | 6,777 | 7,083 | 6,777 | 21,094 | |||
| total current liabilities | 419,123 | 201,530 | 319,065 | 253,708 | 150,070 | 429,367 | 160,709 | 84,895 | 86,982 | 6,777 | 7,083 | 6,777 | 21,094 | |
| loans | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | ||||||||||||||
| total liabilities | 419,123 | 201,530 | 319,065 | 253,708 | 150,070 | 429,367 | 160,709 | 84,895 | 86,982 | 6,777 | 7,083 | 6,777 | 21,094 | |
| net assets | 888,386 | 591,920 | 561,842 | 318,847 | 348,614 | 11,841 | 95,741 | 2,421 | 334 | 132,800 | 718,069 | 716,846 | 772,982 | 708,888 |
| total shareholders funds | 888,386 | 591,920 | 561,842 | 318,847 | 348,614 | 11,841 | 95,741 | 2,421 | 334 | 132,800 | 718,069 | 716,846 | 772,982 | 708,888 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 387,790 | 37,572 | -34,496 | -70,453 | 85,188 | |||||||||
| Depreciation | ||||||||||||||
| Amortisation | ||||||||||||||
| Tax | -90,677 | -7,494 | -57,220 | 4,729 | -80,383 | 1,412 | -1,412 | 33,117 | 87,316 | -306 | 14,317 | -21,094 | 1,125 | |
| Stock | ||||||||||||||
| Debtors | 457,482 | -81,148 | 298,081 | 72,276 | 102,341 | 182,156 | -80,866 | -52,261 | -585,575 | 1,529 | -70,453 | 85,188 | 708,888 | |
| Creditors | 77,174 | -128,827 | 865 | 93,428 | -65,667 | 144,377 | ||||||||
| Accruals and Deferred Income | 140,419 | 11,292 | 64,492 | 10,210 | -57,826 | 46,269 | 82,917 | -6,777 | -306 | 306 | -14,317 | 21,094 | ||
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | 57,224 | -6,309 | 1,595 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -155,804 | 78,012 | -7,103 | -2,087 | 86,982 | |||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -647 | |||||||||||||
| cash flow from financing | -647 | -155,804 | 78,012 | -7,103 | -2,087 | 86,982 | 684,961 | |||||||
| cash and cash equivalents | ||||||||||||||
| cash | 56,577 | -6,309 | 10,271 | 1,595 | -44,865 | 2,602 | 250,000 | |||||||
| overdraft | ||||||||||||||
| change in cash | 56,577 | -6,309 | 10,271 | 1,595 | -44,865 | 2,602 | 250,000 |
mcgee environmental services limited Credit Report and Business Information
Mcgee Environmental Services Limited Competitor Analysis
Perform a competitor analysis for mcgee environmental services limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in HA0 area or any other competitors across 12 key performance metrics.
mcgee environmental services limited Ownership
MCGEE ENVIRONMENTAL SERVICES LIMITED group structure
Mcgee Environmental Services Limited has no subsidiary companies.
Ultimate parent company
2 parents
MCGEE ENVIRONMENTAL SERVICES LIMITED
00831363
mcgee environmental services limited directors
Mcgee Environmental Services Limited currently has 3 directors. The longest serving directors include Mr Sebastian Fossey (Sep 2020) and Mr Mark Goodenough (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sebastian Fossey | England | 43 years | Sep 2020 | - | Director |
| Mr Mark Goodenough | England | 53 years | Feb 2022 | - | Director |
| Mr Thomas McGee | England | 37 years | Feb 2024 | - | Director |
P&L
November 2023turnover
3.3m
+32%
operating profit
387.8k
+932%
gross margin
18.5%
+182.71%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
888.4k
+0.5%
total assets
1.3m
+0.65%
cash
269.9k
+0.27%
net assets
Total assets minus all liabilities
mcgee environmental services limited company details
company number
00831363
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
December 1964
age
61
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
November 2023
previous names
mcgee asbestos removal limited (August 2018)
mcgeeplant hire limited (July 2003)
accountant
-
auditor
CLA EVELYN PARTNERS LIMITED
address
unit 8 wharfside rosemont road, wembley, HA0 4PE
Bank
HSBC BANK PLC
Legal Advisor
-
mcgee environmental services 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 7 charges/mortgages relating to mcgee environmental services limited. Currently there are 0 open charges and 7 have been satisfied in the past.
mcgee environmental services 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.
Click to start generating capital raising & share issue transactions for MCGEE ENVIRONMENTAL SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
mcgee environmental services limited Companies House Filings - See Documents
| date | description | view/download |
|---|
