mcclarrons limited

mcclarrons limited Company Information

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Company Number

01171712

Industry

Non-life insurance

 

Shareholders

chadhurst holdings limited

greengage holdings limited

Group Structure

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Contact

Registered Address

the vines, 29 market place, malton, north yorkshire, YO17 7LP

mcclarrons limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of MCCLARRONS LIMITED at £2.6m based on a Turnover of £3.9m and 0.66x industry multiple (adjusted for size and gross margin).

mcclarrons limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MCCLARRONS LIMITED at £0 based on an EBITDA of £-45.1k and a 8.85x industry multiple (adjusted for size and gross margin).

mcclarrons limited Estimated Valuation

£739.6k

Pomanda estimates the enterprise value of MCCLARRONS LIMITED at £739.6k based on Net Assets of £434.8k and 1.7x industry multiple (adjusted for liquidity).

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Mcclarrons Limited Overview

Mcclarrons Limited is a live company located in malton, YO17 7LP with a Companies House number of 01171712. It operates in the non-life insurance sector, SIC Code 65120. Founded in May 1974, it's largest shareholder is chadhurst holdings limited with a 95% stake. Mcclarrons Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.9m with healthy growth in recent years.

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Mcclarrons Limited Health Check

Pomanda's financial health check has awarded Mcclarrons Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £3.9m, make it larger than the average company (£2.2m)

£3.9m - Mcclarrons Limited

£2.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (10.2%)

13% - Mcclarrons Limited

10.2% - Industry AVG

production

Production

with a gross margin of 100%, this company has a comparable cost of product (100%)

100% - Mcclarrons Limited

100% - Industry AVG

profitability

Profitability

an operating margin of -2.6% make it less profitable than the average company (18.8%)

-2.6% - Mcclarrons Limited

18.8% - Industry AVG

employees

Employees

with 81 employees, this is above the industry average (25)

81 - Mcclarrons Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £63.8k, the company has an equivalent pay structure (£63.8k)

£63.8k - Mcclarrons Limited

£63.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £48.6k, this is less efficient (£157.5k)

£48.6k - Mcclarrons Limited

£157.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 33 days, this is earlier than average (206 days)

33 days - Mcclarrons Limited

206 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Mcclarrons Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mcclarrons Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 25 weeks, this is more cash available to meet short term requirements (18 weeks)

25 weeks - Mcclarrons Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 69.7%, this is a lower level of debt than the average (78.4%)

69.7% - Mcclarrons Limited

78.4% - Industry AVG

MCCLARRONS LIMITED financials

EXPORTms excel logo

Mcclarrons Limited's latest turnover from January 2024 is estimated at £3.9 million and the company has net assets of £434.8 thousand. According to their latest financial statements, Mcclarrons Limited has 81 employees and maintains cash reserves of £480.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Turnover3,939,5533,466,4383,153,0232,737,8642,863,6142,920,7512,328,6422,089,5321,853,847498,575396,548453,729443,677651,726367,421
Other Income Or Grants000000000000000
Cost Of Sales009774,548007,69531,361175,68685,68882,682116,095105,406197,801136,209
Gross Profit3,939,5533,466,4383,152,0462,733,3162,863,6142,920,7512,320,9482,058,1711,678,161412,887313,866337,634338,271453,924231,212
Admin Expenses4,043,2593,372,8103,134,3742,767,9462,911,6673,024,8692,347,6072,019,2611,592,025-8,436268,476364,279574,714338,000-173,923
Operating Profit-103,70693,62817,672-34,630-48,053-104,118-26,65938,91086,136421,32345,390-26,645-236,443115,924405,135
Interest Payable000000000000000
Interest Receivable27,49116,7801,4786142,2592,2092,2669081,1155622751,0521,022484297
Pre-Tax Profit-76,215110,40919,149-34,016-45,794-101,909-24,39339,81887,251421,88545,665-25,593-235,421116,408405,432
Tax0-20,978-3,6380000-7,963-17,450-88,596-10,50300-32,594-113,521
Profit After Tax-76,21589,43115,511-34,016-45,794-101,909-24,39331,85469,801333,28935,162-25,593-235,42183,814291,911
Dividends Paid000000000000000
Retained Profit-76,21589,43115,511-34,016-45,794-101,909-24,39331,85469,801333,28935,162-25,593-235,42183,814291,911
Employee Costs5,171,8234,329,5264,397,4013,767,1863,607,1783,595,4423,175,6362,852,7332,386,190202,159148,177188,966188,015279,347147,278
Number Of Employees817674706866595549434463
EBITDA*-45,132193,598127,70177,79961,225-1,97630,83279,012132,039475,54089,95434,658-167,108176,977467,939

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Tangible Assets214,054235,241231,262219,222218,968241,298229,700241,991228,477252,431284,868168,617131,190116,580129,804
Intangible Assets09,32862,010125,671189,331252,991138,58213,22820,44433,59842,3635,00035,00065,00095,000
Investments & Other222222,1852,18100000000
Debtors (Due After 1 year)6,33300000000000000
Total Fixed Assets220,389244,571293,274344,895408,301496,474370,463255,219248,921286,029327,231173,617166,190181,580224,804
Stock & work in progress00000000500500500500500500500
Trade Debtors365,006381,323317,584241,955231,044242,671196,933183,743135,419258,259208,898237,269227,388334,721176,487
Group Debtors131,314156,839148,494124,50598,85132,11871,73550,98999,842000000
Misc Debtors235,413101,898221,063319,090183,736200,67091,32455,77642,574000000
Cash480,809566,466392,412789,762437,920164,492424,477482,120244,196201,76823,13886,959333,85574,966118,673
misc current assets000000000000000
total current assets1,212,5421,206,5261,079,5531,475,312951,551639,951784,469772,628522,531460,527232,536324,728561,743410,187295,660
total assets1,432,9311,451,0971,372,8271,820,2071,359,8521,136,4251,154,9321,027,847771,452746,556559,767498,345727,933591,767520,464
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 166,56171,15144,165202,02342,44643,54337,31033,75111,382211,940339,634340,191538,556181,68687,383
Group/Directors Accounts464,982392,754440,595801,260513,378328,920209,160118,7371,70200000106,532
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities330,296444,829433,892385,086341,805252,535298,977236,375155,473000000
total current liabilities961,839908,734918,6521,388,369897,629624,998545,447388,863168,557211,940339,634340,191538,556181,686193,915
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000014,4997,45313,24400
provisions36,29031,34632,58925,76322,13225,54223,06128,16723,93225,45429,7619,9909,8298,3568,638
total long term liabilities36,29031,34632,58925,76322,13225,54223,06128,16723,93225,45444,26017,44323,0738,3568,638
total liabilities998,129940,080951,2411,414,132919,761650,540568,508417,030192,489237,394383,894357,634561,629190,042202,553
net assets434,802511,017421,586406,075440,091485,885586,424610,817578,963509,162175,873140,711166,304401,725317,911
total shareholders funds434,802511,017421,586406,075440,091485,885586,424610,817578,963509,162175,873140,711166,304401,725317,911
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010
Operating Activities
Operating Profit-103,70693,62817,672-34,630-48,053-104,118-26,65938,91086,136421,32345,390-26,645-236,443115,924405,135
Depreciation49,24647,28846,36848,76945,61841,79738,22432,88638,68845,45238,10331,30339,33531,05332,804
Amortisation9,32852,68263,66163,66063,66060,34519,2677,2167,2158,7656,46130,00030,00030,00030,000
Tax0-20,978-3,6380000-7,963-17,450-88,596-10,50300-32,594-113,521
Stock0000000-500000000500
Debtors98,006-47,0811,591171,91938,172115,46769,48412,67319,57649,361-28,3719,881-107,333158,234176,487
Creditors95,41026,986-157,858159,577-1,0976,2333,55922,369-200,558-127,694-557-198,365356,87094,30387,383
Accruals and Deferred Income-114,53310,93748,80643,28189,270-46,44262,60280,902155,473000000
Deferred Taxes & Provisions4,944-1,2436,8263,631-3,4102,481-5,1064,235-1,522-4,30719,7711611,473-2828,638
Cash flow from operations-157,317256,38120,246112,369107,816-155,17122,403166,38248,406205,582127,036-173,427298,56880,170273,452
Investing Activities
capital expenditure-28,059-51,267-58,408-49,023-23,288-228,149-170,554-46,400-8,795-13,015-198,178-68,730-53,945-17,829-287,608
Change in Investments0000-2,18342,18100000000
cash flow from investments-28,059-51,267-58,408-49,023-21,105-228,153-172,735-46,400-8,795-13,015-198,178-68,730-53,945-17,829-287,608
Financing Activities
Bank loans000000000000000
Group/Directors Accounts72,228-47,841-360,665287,882184,458119,76090,423117,0351,7020000-106,532106,532
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000-14,4997,046-5,79113,24400
share issue000001,3700000000026,000
interest27,49116,7801,4786142,2592,2092,2669081,1155622751,0521,022484297
cash flow from financing99,719-31,061-359,187288,496186,717123,33992,689117,9432,817-13,9377,321-4,73914,266-106,048132,829
cash and cash equivalents
cash-85,657174,054-397,350351,842273,428-259,985-57,643237,92442,428178,630-63,821-246,896258,889-43,707118,673
overdraft000000000000000
change in cash-85,657174,054-397,350351,842273,428-259,985-57,643237,92442,428178,630-63,821-246,896258,889-43,707118,673

mcclarrons 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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Mcclarrons Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mcclarrons limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in YO17 area or any other competitors across 12 key performance metrics.

mcclarrons limited Ownership

MCCLARRONS LIMITED group structure

Mcclarrons Limited has 1 subsidiary company.

Ultimate parent company

1 parent

MCCLARRONS LIMITED

01171712

1 subsidiary

MCCLARRONS LIMITED Shareholders

chadhurst holdings limited 94.99%
greengage holdings limited 5.01%

mcclarrons limited directors

Mcclarrons Limited currently has 3 directors. The longest serving directors include Ms Sarah McClarron (Jan 2008) and Mr Sean McClarron (Jan 2008).

officercountryagestartendrole
Ms Sarah McClarron54 years Jan 2008- Director
Mr Sean McClarron58 years Jan 2008- Director
Mr Garry Davies35 years Mar 2018- Director

P&L

January 2024

turnover

3.9m

+14%

operating profit

-103.7k

0%

gross margin

100%

0%

turnover

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

Balance Sheet

January 2024

net assets

434.8k

-0.15%

total assets

1.4m

-0.01%

cash

480.8k

-0.15%

net assets

Total assets minus all liabilities

mcclarrons limited company details

company number

01171712

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

incorporation date

May 1974

age

51

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

January 2024

previous names

seekings and wardle limited (February 2008)

accountant

-

auditor

-

address

the vines, 29 market place, malton, north yorkshire, YO17 7LP

Bank

HSBC BANK PLC

Legal Advisor

-

mcclarrons 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 12 charges/mortgages relating to mcclarrons limited. Currently there are 4 open charges and 8 have been satisfied in the past.

mcclarrons 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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mcclarrons limited Companies House Filings - See Documents

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