macildowie associates limited Company Information
Company Number
03358898
Website
www.macildowie.comRegistered Address
waterfront house station street, nottingham, NG2 3DQ
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Temporary employment agency activities
Telephone
01159470200
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
greenmount investments ltd 100%
macildowie associates limited Estimated Valuation
Pomanda estimates the enterprise value of MACILDOWIE ASSOCIATES LIMITED at £3.9m based on a Turnover of £15.2m and 0.25x industry multiple (adjusted for size and gross margin).
macildowie associates limited Estimated Valuation
Pomanda estimates the enterprise value of MACILDOWIE ASSOCIATES LIMITED at £2.5m based on an EBITDA of £576.8k and a 4.27x industry multiple (adjusted for size and gross margin).
macildowie associates limited Estimated Valuation
Pomanda estimates the enterprise value of MACILDOWIE ASSOCIATES LIMITED at £1.8m based on Net Assets of £1.1m and 1.62x industry multiple (adjusted for liquidity).
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Macildowie Associates Limited Overview
Macildowie Associates Limited is a live company located in nottingham, NG2 3DQ with a Companies House number of 03358898. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in April 1997, it's largest shareholder is greenmount investments ltd with a 100% stake. Macildowie Associates Limited is a mature, mid sized company, Pomanda has estimated its turnover at £15.2m with high growth in recent years.
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Macildowie Associates Limited Health Check
Pomanda's financial health check has awarded Macildowie Associates Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
5 Regular
2 Weak
Size
annual sales of £15.2m, make it larger than the average company (£9.8m)
- Macildowie Associates Limited
£9.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (4%)
- Macildowie Associates Limited
4% - Industry AVG
Production
with a gross margin of 22.6%, this company has a comparable cost of product (22.6%)
- Macildowie Associates Limited
22.6% - Industry AVG
Profitability
an operating margin of 3.5% make it as profitable than the average company (3.8%)
- Macildowie Associates Limited
3.8% - Industry AVG
Employees
with 73 employees, this is above the industry average (40)
73 - Macildowie Associates Limited
40 - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has an equivalent pay structure (£50.1k)
- Macildowie Associates Limited
£50.1k - Industry AVG
Efficiency
resulting in sales per employee of £207.9k, this is equally as efficient (£221.1k)
- Macildowie Associates Limited
£221.1k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is near the average (47 days)
- Macildowie Associates Limited
47 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is slower than average (6 days)
- Macildowie Associates Limited
6 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Macildowie Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (10 weeks)
7 weeks - Macildowie Associates Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 80.5%, this is a higher level of debt than the average (70.2%)
80.5% - Macildowie Associates Limited
70.2% - Industry AVG
macildowie associates limited Credit Report and Business Information
Macildowie Associates Limited Competitor Analysis
Perform a competitor analysis for macildowie associates limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
macildowie associates limited Ownership
MACILDOWIE ASSOCIATES LIMITED group structure
Macildowie Associates Limited has 1 subsidiary company.
Ultimate parent company
1 parent
MACILDOWIE ASSOCIATES LIMITED
03358898
1 subsidiary
macildowie associates limited directors
Macildowie Associates Limited currently has 6 directors. The longest serving directors include Mr John Convery (Oct 2007) and Mr Paul Milling (Oct 2007).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr John Convery | Northern Ireland | 63 years | Oct 2007 | - | Director |
Mr Paul Milling | United Kingdom | 69 years | Oct 2007 | - | Director |
Mr Ed Vernon | 65 years | Oct 2007 | - | Director | |
Mr James Taylor | England | 47 years | Feb 2009 | - | Director |
Mr James Stewart | England | 54 years | Jul 2015 | - | Director |
Mr John O'Sullivan | United Kingdom | 68 years | Dec 2021 | - | Director |
MACILDOWIE ASSOCIATES LIMITED financials
Macildowie Associates Limited's latest turnover from April 2023 is estimated at £15.2 million and the company has net assets of £1.1 million. According to their latest financial statements, Macildowie Associates Limited has 73 employees and maintains cash reserves of £537.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 8,245,490 | 8,350,402 | 7,965,128 | 9,871,845 | 9,423,624 | 8,098,726 | 7,693,977 | 7,409,687 | ||||||
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
Cost Of Sales | 3,498,797 | 3,458,801 | 3,400,588 | 4,310,621 | 3,789,828 | 3,480,481 | 3,592,746 | 3,631,981 | ||||||
Gross Profit | 4,746,693 | 4,891,601 | 4,564,540 | 5,561,224 | 5,633,796 | 4,618,245 | 4,101,231 | 3,777,706 | ||||||
Admin Expenses | 4,907,406 | 5,624,561 | 4,291,909 | 5,121,984 | 4,434,583 | 3,723,123 | 3,243,652 | 3,014,420 | ||||||
Operating Profit | -160,713 | -732,960 | 272,631 | 439,240 | 1,199,213 | 895,122 | 857,579 | 763,286 | ||||||
Interest Payable | 0 | 3,566 | 3,077 | 0 | 1,747 | 6,661 | 14,287 | 9,893 | ||||||
Interest Receivable | 0 | 0 | 1,549 | 137 | 0 | 0 | 0 | 1,800 | ||||||
Pre-Tax Profit | -160,713 | -736,526 | 271,103 | 439,377 | 1,197,376 | 888,461 | 843,292 | 755,193 | ||||||
Tax | 22,011 | -31,012 | -58,943 | -93,855 | -254,258 | -202,982 | -214,241 | -175,950 | ||||||
Profit After Tax | -138,702 | -767,538 | 212,160 | 345,522 | 943,118 | 685,479 | 629,051 | 579,243 | ||||||
Dividends Paid | 40,000 | 500,000 | 30,000 | 86,526 | 0 | 0 | 7,210 | 0 | ||||||
Retained Profit | -178,702 | -1,267,538 | 182,160 | 258,996 | 943,118 | 685,479 | 621,841 | 579,243 | ||||||
Employee Costs | 7,123,693 | 6,966,724 | 6,489,223 | 8,003,359 | 7,080,250 | 6,240,221 | 5,848,790 | 5,762,847 | ||||||
Number Of Employees | 73 | 60 | 57 | 76 | 83 | 81 | 71 | 74 | 68 | 58 | 50 | 47 | ||
EBITDA* | 3,076 | -606,466 | 365,084 | 518,270 | 1,252,557 | 948,231 | 917,845 | 806,704 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 74,979 | 39,727 | 58,552 | 152,868 | 228,091 | 355,286 | 152,524 | 177,253 | 92,376 | 87,282 | 102,894 | 157,719 | 59,248 | 29,804 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 2,057,017 | 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 | 2,612,887 | 2,026,887 | 1,431,224 | 1,254,224 | 0 |
Total Fixed Assets | 2,131,996 | 39,727 | 58,552 | 152,868 | 228,091 | 355,286 | 152,524 | 177,253 | 92,376 | 2,700,169 | 2,129,781 | 1,588,943 | 1,313,472 | 29,804 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 2,224,255 | 1,705,191 | 632,232 | 966,746 | 1,710,072 | 1,704,355 | 1,509,650 | 1,838,458 | 2,065,468 | 2,147,564 | 1,842,990 | 1,716,089 | 1,694,931 | 2,454,250 |
Group Debtors | 499,626 | 500,000 | 500,000 | 500,000 | 2,962,441 | 2,923,242 | 3,651,202 | 3,595,554 | 3,219,687 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 153,068 | 137,090 | 387,586 | 383,696 | 164,791 | 153,738 | 114,509 | 116,533 | 110,961 | 71,027 | 64,173 | 63,137 | 0 | 0 |
Cash | 537,351 | 737,139 | 526,601 | 606,018 | 73,262 | 169,120 | 365,136 | 228,955 | 114,504 | 142 | 39 | 1,337 | 67,947 | 8,703 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 3,414,300 | 3,079,420 | 2,046,419 | 2,456,460 | 4,910,566 | 4,950,455 | 5,640,497 | 5,779,500 | 5,510,620 | 2,218,733 | 1,907,202 | 1,780,563 | 1,762,878 | 2,462,953 |
total assets | 5,546,296 | 3,119,147 | 2,104,971 | 2,609,328 | 5,138,657 | 5,305,741 | 5,793,021 | 5,956,753 | 5,602,996 | 4,918,902 | 4,036,983 | 3,369,506 | 3,076,350 | 2,492,757 |
Bank overdraft | 0 | 0 | 0 | 0 | 579,345 | 489,852 | 42,425 | 95,203 | 153,238 | 455,637 | 442,764 | 397,434 | 0 | 0 |
Bank loan | 193,346 | 227,800 | 183,991 | 833,656 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 238,412 | 76,597 | 117,944 | 177,856 | 187,473 | 241,918 | 157,302 | 158,532 | 159,144 | 180,803 | 143,508 | 116,774 | 1,730,284 | 1,397,763 |
Group/Directors Accounts | 883,383 | 87,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 87,000 | 87,000 | 87,000 | 0 | 0 |
other short term finances | 0 | 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 | 24,830 | 45,859 | 45,859 | 0 | 0 |
other current liabilities | 2,555,211 | 1,501,510 | 1,115,647 | 1,120,598 | 1,140,555 | 1,071,005 | 1,114,272 | 1,407,250 | 1,263,292 | 1,088,999 | 884,547 | 864,430 | 0 | 0 |
total current liabilities | 3,870,352 | 1,892,907 | 1,417,582 | 2,132,110 | 1,907,373 | 1,802,775 | 1,313,999 | 1,660,985 | 1,575,674 | 1,837,269 | 1,603,678 | 1,511,497 | 1,730,284 | 1,397,763 |
loans | 326,667 | 512,165 | 732,499 | 126,904 | 203,819 | 279,007 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,047 | 72,660 | 0 | 0 |
Accruals and Deferred Income | 225,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 2,061 | 6,268 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 40,000 | 0 | 0 | 0 | 11,638 | 29,430 | 16,955 | 15,861 | 6,411 | 3,840 | 11,944 | 14,876 | 0 | 0 |
total long term liabilities | 591,667 | 514,226 | 738,767 | 126,904 | 215,457 | 308,437 | 16,955 | 15,861 | 6,411 | 3,840 | 40,991 | 87,536 | 0 | 0 |
total liabilities | 4,462,019 | 2,407,133 | 2,156,349 | 2,259,014 | 2,122,830 | 2,111,212 | 1,330,954 | 1,676,846 | 1,582,085 | 1,841,109 | 1,644,669 | 1,599,033 | 1,730,284 | 1,397,763 |
net assets | 1,084,277 | 712,014 | -51,378 | 350,314 | 3,015,827 | 3,194,529 | 4,462,067 | 4,279,907 | 4,020,911 | 3,077,793 | 2,392,314 | 1,770,473 | 1,346,066 | 1,094,994 |
total shareholders funds | 1,084,277 | 712,014 | -51,378 | 350,314 | 3,015,827 | 3,194,529 | 4,462,067 | 4,279,907 | 4,020,911 | 3,077,793 | 2,392,314 | 1,770,473 | 1,346,066 | 1,094,994 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -160,713 | -732,960 | 272,631 | 439,240 | 1,199,213 | 895,122 | 857,579 | 763,286 | ||||||
Depreciation | 42,939 | 40,604 | 109,773 | 154,116 | 163,789 | 126,494 | 92,453 | 79,030 | 53,344 | 53,109 | 60,266 | 43,418 | 33,745 | 27,527 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | 22,011 | -31,012 | -58,943 | -93,855 | -254,258 | -202,982 | -214,241 | -175,950 | ||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 534,668 | 822,463 | -330,624 | -2,986,862 | 55,969 | -494,026 | -275,184 | 154,429 | 564,638 | 897,428 | 723,600 | 261,295 | 494,905 | 2,454,250 |
Creditors | 161,815 | -41,347 | -59,912 | -9,617 | -54,445 | 84,616 | -1,230 | -612 | -21,659 | 37,295 | 26,734 | -1,613,510 | 332,521 | 1,397,763 |
Accruals and Deferred Income | 1,278,701 | 385,863 | -4,951 | -19,957 | 69,550 | -43,267 | -292,978 | 143,958 | 174,293 | 204,452 | 20,117 | 864,430 | 0 | 0 |
Deferred Taxes & Provisions | 40,000 | 0 | 0 | -11,638 | -17,792 | 12,475 | 1,094 | 9,450 | 2,571 | -8,104 | -2,932 | 14,876 | 0 | 0 |
Cash flow from operations | -33,569 | -89,628 | 288,211 | 422,782 | 588,866 | 81,464 | 23,923 | -364,745 | ||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 2,057,017 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | -34,454 | 43,809 | -649,665 | 833,656 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 796,383 | 87,000 | 0 | 0 | 0 | 0 | 0 | 0 | -87,000 | 0 | 0 | 87,000 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -185,498 | -220,334 | 605,595 | -76,915 | -75,188 | 279,007 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,830 | -50,076 | -43,613 | 118,519 | 0 | 0 |
other long term liabilities | -2,061 | -4,207 | 6,268 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | 0 | -3,566 | -1,528 | 137 | -1,747 | -6,661 | -14,287 | -8,093 | ||||||
cash flow from financing | -75,188 | 275,441 | -1,528 | 137 | -113,577 | -56,737 | -57,900 | 42,590 | ||||||
cash and cash equivalents | ||||||||||||||
cash | -199,788 | 210,538 | -79,417 | 532,756 | -95,858 | -196,016 | 136,181 | 114,451 | 114,362 | 103 | -1,298 | -66,610 | 59,244 | 8,703 |
overdraft | 0 | 0 | 0 | -579,345 | 89,493 | 447,427 | -52,778 | -58,035 | -302,399 | 12,873 | 45,330 | 397,434 | 0 | 0 |
change in cash | -199,788 | 210,538 | -79,417 | 1,112,101 | -185,351 | -643,443 | 188,959 | 172,486 | 416,761 | -12,770 | -46,628 | -464,044 | 59,244 | 8,703 |
P&L
April 2023turnover
15.2m
+51%
operating profit
533.8k
0%
gross margin
22.6%
+3.33%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
1.1m
+0.52%
total assets
5.5m
+0.78%
cash
537.4k
-0.27%
net assets
Total assets minus all liabilities
macildowie associates limited company details
company number
03358898
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
78200 - Temporary employment agency activities
incorporation date
April 1997
age
27
accounts
Small Company
ultimate parent company
previous names
N/A
incorporated
UK
address
waterfront house station street, nottingham, NG2 3DQ
last accounts submitted
April 2023
macildowie associates 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 macildowie associates limited. Currently there are 2 open charges and 2 have been satisfied in the past.
macildowie associates limited Companies House Filings - See Documents
date | description | view/download |
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