flatley construction limited
flatley construction limited Company Information
Company Number
01450799
Registered Address
501 centennial park, centennial avenue, elstree, WD6 3FG
Industry
Construction of other civil engineering projects n.e.c.
Telephone
441923903400
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
john james flatley snr 46.2%
luke flatley 26.2%
View Allflatley construction limited Estimated Valuation
Pomanda estimates the enterprise value of FLATLEY CONSTRUCTION LIMITED at £17.7m based on a Turnover of £46.2m and 0.38x industry multiple (adjusted for size and gross margin).
flatley construction limited Estimated Valuation
Pomanda estimates the enterprise value of FLATLEY CONSTRUCTION LIMITED at £16.9m based on an EBITDA of £3m and a 5.59x industry multiple (adjusted for size and gross margin).
flatley construction limited Estimated Valuation
Pomanda estimates the enterprise value of FLATLEY CONSTRUCTION LIMITED at £10.4m based on Net Assets of £5.7m and 1.83x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Flatley Construction Limited Overview
Flatley Construction Limited is a live company located in elstree, WD6 3FG with a Companies House number of 01450799. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in September 1979, it's largest shareholder is john james flatley snr with a 46.2% stake. Flatley Construction Limited is a mature, large sized company, Pomanda has estimated its turnover at £46.2m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Flatley Construction Limited Health Check
Pomanda's financial health check has awarded Flatley Construction Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £46.2m, make it larger than the average company (£13m)
£46.2m - Flatley Construction Limited
£13m - Industry AVG
Growth
3 year (CAGR) sales growth of 37%, show it is growing at a faster rate (6.5%)
37% - Flatley Construction Limited
6.5% - Industry AVG
Production
with a gross margin of 9.2%, this company has a higher cost of product (16.8%)
9.2% - Flatley Construction Limited
16.8% - Industry AVG
Profitability
an operating margin of 5.3% make it as profitable than the average company (5.3%)
5.3% - Flatley Construction Limited
5.3% - Industry AVG
Employees
with 12 employees, this is below the industry average (52)
12 - Flatley Construction Limited
52 - Industry AVG
Pay Structure
on an average salary of £82.8k, the company has a higher pay structure (£48.7k)
£82.8k - Flatley Construction Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £3.8m, this is more efficient (£238.9k)
£3.8m - Flatley Construction Limited
£238.9k - Industry AVG
Debtor Days
it gets paid by customers after 59 days, this is near the average (57 days)
59 days - Flatley Construction Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (41 days)
55 days - Flatley Construction Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Flatley Construction Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is average cash available to meet short term requirements (19 weeks)
20 weeks - Flatley Construction Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 66.7%, this is a similar level of debt than the average (61.8%)
66.7% - Flatley Construction Limited
61.8% - Industry AVG
FLATLEY CONSTRUCTION LIMITED financials
Flatley Construction Limited's latest turnover from March 2023 is £46.2 million and the company has net assets of £5.7 million. According to their latest financial statements, Flatley Construction Limited has 12 employees and maintains cash reserves of £3.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | 46,186,012 | 25,164,858 | 17,090,506 | 17,883,003 | ||||||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||||||
| Cost Of Sales | 41,947,951 | 22,929,958 | 14,769,533 | 15,585,502 | ||||||||||
| Gross Profit | 4,238,061 | 2,234,900 | 2,320,973 | 2,297,501 | ||||||||||
| Admin Expenses | 1,806,758 | 1,331,993 | 942,279 | 1,049,990 | ||||||||||
| Operating Profit | 2,431,303 | 902,907 | 1,378,694 | 1,247,511 | ||||||||||
| Interest Payable | 146,042 | 77,578 | 62,083 | 74,957 | ||||||||||
| Interest Receivable | 0 | 50,039 | 4,070 | 441 | ||||||||||
| Pre-Tax Profit | 2,285,261 | 875,368 | 1,320,681 | 1,172,995 | ||||||||||
| Tax | -403,736 | -135,339 | -186,256 | -50,270 | ||||||||||
| Profit After Tax | 1,881,525 | 740,029 | 1,134,425 | 1,122,725 | ||||||||||
| Dividends Paid | 233,000 | 0 | 125,000 | 104,500 | ||||||||||
| Retained Profit | 1,648,525 | 740,029 | 1,009,425 | 1,018,225 | ||||||||||
| Employee Costs | 993,185 | 670,582 | 546,815 | 641,889 | ||||||||||
| Number Of Employees | 12 | 12 | 12 | 12 | 9 | |||||||||
| EBITDA* | 3,027,272 | 1,410,948 | 1,997,061 | 1,818,125 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | 4,629,599 | 3,309,273 | 2,247,801 | 1,568,538 | 1,200,352 | 664,197 | 379,953 | 137,598 | 40,740 | 41,284 | 0 | 22,484 | 12,059 | 14,072 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,346 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 4,629,599 | 3,309,273 | 2,247,801 | 1,568,538 | 1,200,352 | 664,197 | 379,953 | 137,598 | 40,740 | 41,284 | 31,346 | 22,484 | 12,059 | 14,072 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 7,571,918 | 7,109,274 | 2,729,160 | 551,701 | 237,381 | 208,716 | 321,643 | 34,719 | 74,876 | 72,991 | 85,431 | 39,915 | 48,799 | 73,733 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,446,824 | 1,715,010 | 2,091,583 | 3,272,229 | 1,609,114 | 505,785 | 109,248 | 154,842 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 3,405,298 | 1,544,418 | 1,256,645 | 1,132,835 | 716,515 | 801,431 | 506,019 | 411,709 | 484,300 | 156,642 | 32,100 | 66,978 | 44,794 | 79,338 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 12,424,040 | 10,368,702 | 6,077,388 | 4,956,765 | 2,563,010 | 1,515,932 | 936,910 | 601,270 | 559,176 | 229,633 | 117,531 | 106,893 | 93,593 | 153,071 |
| total assets | 17,053,639 | 13,677,975 | 8,325,189 | 6,525,303 | 3,763,362 | 2,180,129 | 1,316,863 | 738,868 | 599,916 | 270,917 | 148,877 | 129,377 | 105,652 | 167,143 |
| Bank overdraft | 180,000 | 180,000 | 165,000 | 0 | 0 | 0 | 8,940 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,395,137 | 5,288,625 | 1,466,376 | 2,531,070 | 1,196,313 | 752,859 | 262,834 | 112,570 | 371,431 | 143,825 | 105,447 | 82,102 | 35,847 | 46,570 |
| Group/Directors Accounts | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| hp & lease commitments | 1,305,358 | 1,117,370 | 759,750 | 563,731 | 391,706 | 239,084 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 730,868 | 694,710 | 372,709 | 339,494 | 332,781 | 181,039 | 305,988 | 179,382 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 8,611,363 | 7,280,705 | 2,763,835 | 3,434,295 | 1,920,800 | 1,172,982 | 577,762 | 291,952 | 371,431 | 143,825 | 105,447 | 82,102 | 35,847 | 46,570 |
| loans | 390,000 | 570,000 | 735,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 1,321,678 | 1,131,069 | 1,169,909 | 611,649 | 483,844 | 249,729 | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 150,763 | 49,753 | 11,115 | 0 | 1,080 | 5,897 | 0 | 0 |
| provisions | 1,050,000 | 664,128 | 364,401 | 196,740 | 94,324 | 60,914 | 46,226 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,761,678 | 2,365,197 | 2,269,310 | 808,389 | 578,168 | 310,643 | 196,989 | 49,753 | 11,115 | 0 | 1,080 | 5,897 | 0 | 0 |
| total liabilities | 11,373,041 | 9,645,902 | 5,033,145 | 4,242,684 | 2,498,968 | 1,483,625 | 774,751 | 341,705 | 382,546 | 143,825 | 106,527 | 87,999 | 35,847 | 46,570 |
| net assets | 5,680,598 | 4,032,073 | 3,292,044 | 2,282,619 | 1,264,394 | 696,504 | 542,112 | 397,163 | 217,370 | 127,092 | 42,350 | 41,378 | 69,805 | 120,573 |
| total shareholders funds | 5,680,598 | 4,032,073 | 3,292,044 | 2,282,619 | 1,264,394 | 696,504 | 542,112 | 397,163 | 217,370 | 127,092 | 42,350 | 41,378 | 69,805 | 120,573 |
| 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 | 2,431,303 | 902,907 | 1,378,694 | 1,247,511 | ||||||||||
| Depreciation | 595,969 | 508,041 | 618,367 | 570,614 | 388,978 | 198,367 | 102,106 | 45,865 | 21,533 | 0 | 9,699 | 12,210 | 7,313 | 6,464 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,098 | 0 | 0 | 0 | 0 |
| Tax | -403,736 | -135,339 | -186,256 | -50,270 | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 194,458 | 4,003,541 | 996,813 | 1,977,435 | 1,131,994 | 283,610 | 241,330 | 114,685 | 1,885 | -12,440 | 45,516 | -8,884 | -24,934 | 73,733 |
| Creditors | 1,106,512 | 3,822,249 | -1,064,694 | 1,334,757 | 443,454 | 490,025 | 150,264 | -258,861 | 227,606 | 38,378 | 23,345 | 46,255 | -10,723 | 46,570 |
| Accruals and Deferred Income | 36,158 | 322,001 | 33,215 | 6,713 | 151,742 | -124,949 | 126,606 | 179,382 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 385,872 | 299,727 | 167,661 | 102,416 | 33,410 | 14,688 | 46,226 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,957,620 | 1,716,045 | -49,826 | 1,234,306 | ||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 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 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -180,000 | -165,000 | 735,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 378,597 | 318,780 | 754,279 | 299,830 | 386,737 | 488,813 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -150,763 | 101,010 | 38,638 | 11,115 | -1,080 | -4,817 | 5,897 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -146,042 | -27,539 | -58,013 | -74,516 | ||||||||||
| cash flow from financing | 52,555 | 126,241 | 1,431,266 | 225,314 | ||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,860,880 | 287,773 | 123,810 | 416,320 | -84,916 | 295,412 | 94,310 | -72,591 | 327,658 | 124,542 | -34,878 | 22,184 | -34,544 | 79,338 |
| overdraft | 0 | 15,000 | 165,000 | 0 | 0 | -8,940 | 8,940 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 1,860,880 | 272,773 | -41,190 | 416,320 | -84,916 | 304,352 | 85,370 | -72,591 | 327,658 | 124,542 | -34,878 | 22,184 | -34,544 | 79,338 |
flatley construction limited Credit Report and Business Information
Flatley Construction Limited Competitor Analysis
Perform a competitor analysis for flatley construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in WD6 area or any other competitors across 12 key performance metrics.
flatley construction limited Ownership
FLATLEY CONSTRUCTION LIMITED group structure
Flatley Construction Limited has no subsidiary companies.
Ultimate parent company
FLATLEY CONSTRUCTION LIMITED
01450799
flatley construction limited directors
Flatley Construction Limited currently has 3 directors. The longest serving directors include Mr John Flatley (Dec 1990) and Mr Luke Flatley (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Flatley | England | 74 years | Dec 1990 | - | Director |
| Mr Luke Flatley | England | 33 years | Jan 2017 | - | Director |
| Mr John Flatley | England | 36 years | Jan 2017 | - | Director |
P&L
March 2023turnover
46.2m
+84%
operating profit
2.4m
+169%
gross margin
9.2%
+3.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
5.7m
+0.41%
total assets
17.1m
+0.25%
cash
3.4m
+1.2%
net assets
Total assets minus all liabilities
flatley construction limited company details
company number
01450799
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
September 1979
age
45
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
EVANS MOCKLER LIMITED
address
501 centennial park, centennial avenue, elstree, WD6 3FG
Bank
BANK OF IRELAND
Legal Advisor
-
flatley construction 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 did not find charges/mortgages relating to flatley construction limited.
flatley construction limited Companies House Filings - See Documents
| date | description | view/download |
|---|
