buckingham group contracting limited
buckingham group contracting limited Company Information
Company Number
02181671
Website
www.buckinghamgroup.co.ukRegistered Address
11th floor, landmark st peter's square, manchester, M1 4PB
Industry
Construction of railways and underground railways
Construction of roads and motorways
Telephone
01280823355
Next Accounts Due
399 days late
Group Structure
View All
Shareholders
bgc trustees limited 63.4%
andrew kerr 8.5%
View Allbuckingham group contracting limited Estimated Valuation
Pomanda estimates the enterprise value of BUCKINGHAM GROUP CONTRACTING LIMITED at £225.5m based on a Turnover of £665.3m and 0.34x industry multiple (adjusted for size and gross margin).
buckingham group contracting limited Estimated Valuation
Pomanda estimates the enterprise value of BUCKINGHAM GROUP CONTRACTING LIMITED at £0 based on an EBITDA of £-11.1m and a 4.2x industry multiple (adjusted for size and gross margin).
buckingham group contracting limited Estimated Valuation
Pomanda estimates the enterprise value of BUCKINGHAM GROUP CONTRACTING LIMITED at £38.5m based on Net Assets of £22m and 1.75x industry multiple (adjusted for liquidity).
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Buckingham Group Contracting Limited Overview
Buckingham Group Contracting Limited is a live company located in manchester, M1 4PB with a Companies House number of 02181671. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in October 1987, it's largest shareholder is bgc trustees limited with a 63.4% stake. Buckingham Group Contracting Limited is a mature, mega sized company, Pomanda has estimated its turnover at £665.3m with healthy growth in recent years.
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Buckingham Group Contracting Limited Health Check
Pomanda's financial health check has awarded Buckingham Group Contracting Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £665.3m, make it larger than the average company (£10.8m)
£665.3m - Buckingham Group Contracting Limited
£10.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (2.8%)
9% - Buckingham Group Contracting Limited
2.8% - Industry AVG
Production
with a gross margin of 4%, this company has a higher cost of product (17%)
4% - Buckingham Group Contracting Limited
17% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (4.9%)
-1.8% - Buckingham Group Contracting Limited
4.9% - Industry AVG
Employees
with 658 employees, this is above the industry average (60)
658 - Buckingham Group Contracting Limited
60 - Industry AVG
Pay Structure
on an average salary of £71.9k, the company has a higher pay structure (£50.2k)
£71.9k - Buckingham Group Contracting Limited
£50.2k - Industry AVG
Efficiency
resulting in sales per employee of £1m, this is more efficient (£223.1k)
£1m - Buckingham Group Contracting Limited
£223.1k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is later than average (54 days)
65 days - Buckingham Group Contracting Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 100 days, this is slower than average (38 days)
100 days - Buckingham Group Contracting Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Buckingham Group Contracting Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is average cash available to meet short term requirements (23 weeks)
20 weeks - Buckingham Group Contracting Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.9%, this is a higher level of debt than the average (69.1%)
89.9% - Buckingham Group Contracting Limited
69.1% - Industry AVG
BUCKINGHAM GROUP CONTRACTING LIMITED financials
Buckingham Group Contracting Limited's latest turnover from December 2021 is £665.3 million and the company has net assets of £22 million. According to their latest financial statements, Buckingham Group Contracting Limited has 658 employees and maintains cash reserves of £76.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 665,300,000 | 584,462,000 | 485,697,000 | 507,034,000 | 423,085,000 | 408,323,607 | 394,980,032 | 308,658,745 | 184,007,836 | 178,429,016 | 182,392,917 | 167,400,403 | 93,463,927 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 638,404,000 | 543,319,000 | 447,718,000 | 470,851,000 | 384,821,000 | 372,860,097 | 366,222,263 | 287,635,729 | 173,898,920 | 170,689,073 | 171,775,025 | 155,405,738 | 84,932,056 |
| Gross Profit | 26,896,000 | 41,143,000 | 37,979,000 | 36,183,000 | 38,264,000 | 35,463,510 | 28,757,769 | 21,023,016 | 10,108,916 | 7,739,943 | 10,617,892 | 11,994,665 | 8,531,871 |
| Admin Expenses | 39,182,000 | 34,521,000 | 28,797,000 | 28,238,000 | 24,512,000 | 22,428,335 | 21,538,990 | 15,741,497 | 9,685,434 | 9,452,202 | 9,160,648 | 7,966,955 | 5,876,917 |
| Operating Profit | -12,286,000 | 6,622,000 | 9,182,000 | 7,945,000 | 13,752,000 | 13,035,175 | 7,218,779 | 5,281,519 | 423,482 | -1,712,259 | 1,457,244 | 4,027,710 | 2,654,954 |
| Interest Payable | 0 | 0 | 0 | 8,000 | 19,000 | 136 | 1,417 | 8,312 | 11,463 | 6,045 | 3,995 | 12,920 | 131 |
| Interest Receivable | 87,000 | 170,000 | 308,000 | 339,000 | 201,000 | 83,410 | 83,410 | 141,786 | 56,308 | 24,715 | 59,304 | 110,302 | 49,105 |
| Pre-Tax Profit | -10,744,000 | 8,614,000 | 10,206,000 | 10,248,000 | 14,388,000 | 13,782,756 | 7,316,402 | 5,414,993 | 468,327 | -1,693,589 | 1,512,553 | 4,136,675 | 2,703,928 |
| Tax | 3,175,000 | -1,750,000 | -2,195,000 | -2,058,000 | -2,722,000 | -2,887,210 | -1,521,111 | -1,208,859 | -139,072 | 335,483 | -512,042 | -1,303,058 | -848,248 |
| Profit After Tax | -7,569,000 | 6,864,000 | 8,011,000 | 8,190,000 | 11,666,000 | 10,895,546 | 5,795,291 | 4,206,134 | 329,255 | -1,358,106 | 1,000,511 | 2,833,617 | 1,855,680 |
| Dividends Paid | 600,000 | 1,343,000 | 1,822,000 | 5,956,000 | 6,465,000 | 3,832,025 | 1,937,950 | 0 | 0 | 0 | 0 | 3,000,000 | 600,000 |
| Retained Profit | -8,169,000 | 5,521,000 | 6,189,000 | 2,234,000 | 5,201,000 | 7,063,521 | 3,857,341 | 4,206,134 | 329,255 | -1,358,106 | 1,000,511 | -166,383 | 1,255,680 |
| Employee Costs | 47,339,000 | 40,840,000 | 37,064,000 | 35,053,000 | 31,179,000 | 25,851,059 | 2,466,329 | 17,707,940 | 14,900,113 | 13,470,220 | 12,415,030 | 10,835,965 | 8,203,826 |
| Number Of Employees | 658 | 623 | 573 | 534 | 477 | 427 | 395 | 331 | 307 | 290 | 260 | 220 | 205 |
| EBITDA* | -11,122,000 | 7,939,000 | 10,338,000 | 8,788,000 | 14,398,000 | 13,485,704 | 7,461,004 | 5,456,669 | 461,240 | -1,390,645 | 1,812,624 | 4,365,056 | 2,993,976 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,359,000 | 1,963,000 | 2,516,000 | 2,152,000 | 983,000 | 1,086,505 | 786,763 | 379,684 | 162,344 | 355,938 | 574,015 | 411,670 | 468,570 |
| Intangible Assets | 663,000 | 534,000 | 365,000 | 221,000 | 59,000 | 79,811 | 5,148 | 709 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 10,799,000 | 8,180,000 | 7,309,000 | 5,488,000 | 2,399,000 | 5,103,609 | 3,769,474 | 1,463,942 | 905,202 | 0 | 0 | 0 | 1,084,681 |
| Total Fixed Assets | 12,821,000 | 10,677,000 | 10,190,000 | 7,861,000 | 3,441,000 | 6,269,925 | 4,561,385 | 1,844,335 | 1,067,546 | 355,938 | 574,015 | 411,670 | 1,553,251 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 119,897,000 | 132,432,000 | 117,066,000 | 89,834,000 | 73,543,000 | 74,330,837 | 78,025,631 | 32,423,980 | 28,765,625 | 38,254,208 | 38,539,396 | 22,092,871 | 13,484,167 |
| Group Debtors | 0 | 500,000 | 1,646,000 | 1,898,000 | 3,686,000 | 9,161,161 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 8,047,000 | 2,605,000 | 3,530,000 | 2,734,000 | 378,000 | 311,645 | 129,059 | 22,025,866 | 18,132,614 | 501,227 | 1,113,351 | 11,570,907 | 12,741,574 |
| Cash | 76,843,000 | 89,770,000 | 57,268,000 | 65,391,000 | 64,428,000 | 62,599,936 | 38,987,293 | 35,922,160 | 13,894,850 | 8,296,750 | 13,477,328 | 16,455,084 | 8,640,107 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 204,787,000 | 225,307,000 | 179,510,000 | 159,857,000 | 142,035,000 | 146,403,579 | 117,141,983 | 90,372,006 | 60,793,089 | 47,052,185 | 53,130,075 | 50,118,862 | 34,865,848 |
| total assets | 217,608,000 | 235,984,000 | 189,700,000 | 167,718,000 | 145,476,000 | 152,673,504 | 121,703,368 | 92,216,341 | 61,860,635 | 47,408,123 | 53,704,090 | 50,530,532 | 36,419,099 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 175,427,000 | 120,487,000 | 93,325,000 | 76,761,000 | 64,248,000 | 71,625,308 | 63,404,375 | 54,951,664 | 42,746,216 | 31,071,048 | 34,475,796 | 28,557,042 | 9,916,723 |
| Group/Directors Accounts | 256,000 | 211,000 | 307,000 | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 15,276,000 | 68,302,000 | 53,813,000 | 54,981,000 | 47,026,000 | 54,299,424 | 38,540,998 | 22,184,174 | 8,646,592 | 7,115,135 | 8,648,248 | 12,393,955 | 16,756,460 |
| total current liabilities | 190,959,000 | 189,000,000 | 147,445,000 | 131,742,000 | 111,274,000 | 125,924,732 | 101,945,373 | 77,135,838 | 51,392,808 | 38,186,183 | 43,124,044 | 40,950,997 | 26,673,183 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 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 |
| other liabilities | 4,619,000 | 3,149,000 | 4,029,000 | 3,833,000 | 4,322,000 | 2,046,704 | 2,070,975 | 1,247,002 | 916,632 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 23,789 | 72,262 | 76,079 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,619,000 | 3,149,000 | 4,029,000 | 3,833,000 | 4,322,000 | 2,070,493 | 2,143,237 | 1,323,081 | 916,632 | 0 | 0 | 0 | 0 |
| total liabilities | 195,578,000 | 192,149,000 | 151,474,000 | 135,575,000 | 115,596,000 | 127,995,225 | 104,088,610 | 78,458,919 | 52,309,440 | 38,186,183 | 43,124,044 | 40,950,997 | 26,673,183 |
| net assets | 22,030,000 | 43,835,000 | 38,226,000 | 32,143,000 | 29,880,000 | 24,678,279 | 17,614,758 | 13,757,422 | 9,551,195 | 9,221,940 | 10,580,046 | 9,579,535 | 9,745,916 |
| total shareholders funds | 22,030,000 | 43,835,000 | 38,226,000 | 32,143,000 | 29,880,000 | 24,678,279 | 17,614,758 | 13,757,422 | 9,551,195 | 9,221,940 | 10,580,046 | 9,579,535 | 9,745,916 |
| Dec 2021 | Dec 2020 | 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 | -12,286,000 | 6,622,000 | 9,182,000 | 7,945,000 | 13,752,000 | 13,035,175 | 7,218,779 | 5,281,519 | 423,482 | -1,712,259 | 1,457,244 | 4,027,710 | 2,654,954 |
| Depreciation | 1,088,000 | 1,170,000 | 1,036,000 | 761,000 | 609,000 | 429,455 | 241,383 | 175,150 | 37,758 | 321,614 | 355,380 | 337,346 | 339,022 |
| Amortisation | 76,000 | 147,000 | 120,000 | 82,000 | 37,000 | 21,074 | 842 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 3,175,000 | -1,750,000 | -2,195,000 | -2,058,000 | -2,722,000 | -2,887,210 | -1,521,111 | -1,208,859 | -139,072 | 335,483 | -512,042 | -1,303,058 | -848,248 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,974,000 | 14,166,000 | 29,597,000 | 19,948,000 | -8,901,252 | 6,983,088 | 26,010,376 | 8,110,347 | 9,048,006 | -897,312 | 5,988,969 | 6,353,356 | 27,310,422 |
| Creditors | 54,940,000 | 27,162,000 | 16,564,000 | 12,513,000 | -7,377,308 | 8,220,933 | 8,452,711 | 12,205,448 | 11,675,168 | -3,404,748 | 5,918,754 | 18,640,319 | 9,916,723 |
| Accruals and Deferred Income | -53,026,000 | 14,489,000 | -1,168,000 | 7,955,000 | -7,273,424 | 15,758,426 | 16,356,824 | 13,537,582 | 1,531,457 | -1,533,113 | -3,745,707 | -4,362,505 | 16,756,460 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | -23,789 | -48,473 | -3,817 | 76,079 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -1,059,000 | 33,674,000 | -6,058,000 | 7,250,000 | 5,902,731 | 27,546,292 | 4,735,235 | 21,956,572 | 4,480,787 | -5,095,711 | -2,515,340 | 10,986,456 | 1,508,489 |
| Investing Activities | |||||||||||||
| capital expenditure | 0 | 0 | 0 | -2,154,000 | -508,000 | -806,592 | -608,558 | -374,349 | -38,312 | -76,610 | -507,144 | -270,196 | -237,462 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | -2,154,000 | -508,000 | -806,592 | -608,558 | -374,349 | -38,312 | -76,610 | -507,144 | -270,196 | -237,462 |
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 45,000 | -96,000 | 307,000 | 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 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 1,470,000 | -880,000 | 196,000 | -489,000 | 2,275,296 | -24,271 | 823,973 | 330,370 | 916,632 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | 87,000 | 170,000 | 308,000 | 331,000 | 182,000 | 83,274 | 81,993 | 133,474 | 44,845 | 18,670 | 55,309 | 97,382 | 48,974 |
| cash flow from financing | -12,034,000 | -718,000 | 705,000 | -129,000 | 2,458,017 | 59,003 | 905,961 | 463,937 | 961,477 | 18,670 | 55,309 | 97,384 | 8,539,210 |
| cash and cash equivalents | |||||||||||||
| cash | -12,927,000 | 32,502,000 | -8,123,000 | 963,000 | 1,828,064 | 23,612,643 | 3,065,133 | 22,027,310 | 5,598,100 | -5,180,578 | -2,977,756 | 7,814,977 | 8,640,107 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -12,927,000 | 32,502,000 | -8,123,000 | 963,000 | 1,828,064 | 23,612,643 | 3,065,133 | 22,027,310 | 5,598,100 | -5,180,578 | -2,977,756 | 7,814,977 | 8,640,107 |
buckingham group contracting limited Credit Report and Business Information
Buckingham Group Contracting Limited Competitor Analysis
Perform a competitor analysis for buckingham group contracting limited 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.
buckingham group contracting limited Ownership
BUCKINGHAM GROUP CONTRACTING LIMITED group structure
Buckingham Group Contracting Limited has no subsidiary companies.
Ultimate parent company
BUCKINGHAM GROUP CONTRACTING LIMITED
02181671
buckingham group contracting limited directors
Buckingham Group Contracting Limited currently has 6 directors. The longest serving directors include Mr Timothy Brown (Apr 1996) and Mr Michael Kempley (Aug 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Brown | 69 years | Apr 1996 | - | Director | |
| Mr Michael Kempley | 62 years | Aug 2000 | - | Director | |
| Mr Simon Walkley | 61 years | Dec 2014 | - | Director | |
| Mr Ian McSeveney | 56 years | Dec 2014 | - | Director | |
| Mr Andrew Kerr | 59 years | Jul 2018 | - | Director | |
| Mr Richard Plant | 59 years | Jan 2020 | - | Director |
P&L
December 2021turnover
665.3m
+14%
operating profit
-12.3m
-286%
gross margin
4.1%
-42.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2021net assets
22m
-0.5%
total assets
217.6m
-0.08%
cash
76.8m
-0.14%
net assets
Total assets minus all liabilities
buckingham group contracting limited company details
company number
02181671
Type
Private limited with Share Capital
industry
42120 - Construction of railways and underground railways
42110 - Construction of roads and motorways
41201 - Construction of commercial buildings
incorporation date
October 1987
age
37
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2021
previous names
buckingham plant hire (contracting) limited (June 1994)
tourmaker limited (November 1987)
accountant
-
auditor
MAZARS LLP
address
11th floor, landmark st peter's square, manchester, M1 4PB
Bank
BANK OF COMMERCE, BANK OF COMMERCE, BANK OF COMMERCE
Legal Advisor
-
buckingham group contracting 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 4 charges/mortgages relating to buckingham group contracting limited. Currently there are 2 open charges and 2 have been satisfied in the past.
buckingham group contracting limited Companies House Filings - See Documents
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