Coney Brothers Dry Construction Limited

POWER SEARCH PRICING

SOLUTIONS

coney brothers dry construction limited Company Information

Live

MatureMidHealthy

Company Number

03503767

Website

eastsxdlp.co.uk

Registered Address

watson associates, 30-34 north street, hailsham, east sussex, BN27 1DW

Industry

Plastering

Other construction installation

Telephone

Next Accounts Due

March 2025

Group Structure

View All

Directors

Steven Coney26 Years

Nicholas Sherress26 Years

View All

Shareholders

cbdc holdings limited 100%

coney brothers dry construction limited Estimated Valuation

£7.8m

Pomanda estimates the enterprise value of CONEY BROTHERS DRY CONSTRUCTION LIMITED at £7.8m based on Net Assets of £2.7m and 2.89x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Coney Brothers Dry Construction Limited is a live company located in hailsham, BN27 1DW with a Companies House number of 03503767. It operates in the other construction installation sector, SIC Code 43290. Founded in February 1998, it's largest shareholder is cbdc holdings limited with a 100% stake. Coney Brothers Dry Construction Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.1m with healthy growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Coney Brothers Dry Construction Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs

Health Rating5out of 5

7 Strong

3 Regular

2 Weak

Size

annual sales of £7.1m, make it larger than the average company (£563.7k)

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.2%)

EXPORT

Coney Brothers Dry Construction Limited's latest turnover from June 2023 is estimated at £7.1 million and the company has net assets of £2.7 million. According to their latest financial statements, Coney Brothers Dry Construction Limited has 13 employees and maintains cash reserves of £904.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Turnover	7,104,754	8,382,203	6,825,270	6,213,307	7,170,928	4,516,012	5,570,977	5,797,789	5,378,127	5,246,720	3,811,949	4,111,994	5,066,684	4,168,890
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	5,121,441	6,202,299	4,957,395	4,418,451	4,960,719	3,220,008	3,922,479	4,225,474	3,852,316	3,817,938	2,648,496	2,798,133	3,406,702	2,819,614
Gross Profit	1,983,313	2,179,904	1,867,874	1,794,856	2,210,209	1,296,003	1,648,498	1,572,315	1,525,810	1,428,782	1,163,453	1,313,862	1,659,981	1,349,276
Admin Expenses	1,395,696	1,554,109	1,685,712	1,870,387	1,977,719	1,199,849	1,294,698	875,496	1,195,625	1,381,740	1,159,296	1,298,189	1,655,102	1,293,248
Operating Profit	587,617	625,795	182,162	-75,531	232,490	96,154	353,800	696,819	330,185	47,042	4,157	15,673	4,879	56,028
Interest Payable	0	0	0	0	0	0	0	0	0	0	1,727	3,799	2,072	0
Interest Receivable	45,191	11,710	873	1,011	9,913	6,163	2,300	2,490	559	0	0	0	0	0
Pre-Tax Profit	632,808	637,505	183,035	-74,520	242,404	102,317	356,100	699,309	330,744	47,042	2,430	11,874	2,807	56,028
Tax	-158,202	-121,126	-34,777	0	-46,057	-19,440	-67,659	-139,862	-66,149	-9,879	-559	-2,850	-730	-15,688
Profit After Tax	474,606	516,379	148,258	-74,520	196,347	82,877	288,441	559,447	264,595	37,163	1,871	9,024	2,077	40,340
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	474,606	516,379	148,258	-74,520	196,347	82,877	288,441	559,447	264,595	37,163	1,871	9,024	2,077	40,340
Employee Costs	439,049	405,321	365,540	365,759	445,105	441,231	407,277	1,033,363	780,909	836,507	646,176	788,899	1,110,141	945,707
Number Of Employees	13	13	12	12	13	13	12	29	23	24	19	24	34	29
EBITDA*	618,764	655,911	204,904	-47,151	267,544	140,487	395,055	696,819	357,667	79,497	30,929	39,835	27,240	76,314

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Tangible Assets	138,044	107,985	120,301	85,123	113,503	126,418	131,687	154,140	132,308	125,447	141,152	110,386	128,798	105,952
Intangible Assets	0	0	0	0	0	0	2,500	5,000	7,500	10,000	12,500	15,000	17,500	20,000
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	138,044	107,985	120,301	85,123	113,503	126,418	134,187	159,140	139,808	135,447	153,652	125,386	146,298	125,952
Stock & work in progress	139,485	215,000	125,000	65,000	115,000	19,500	15,000	75,000	60,000	45,000	45,000	75,000	75,000	75,000
Trade Debtors	1,382,420	1,678,861	1,794,768	1,448,444	1,603,681	926,089	1,165,280	1,017,030	878,514	882,786	590,601	656,080	798,921	683,441
Group Debtors	1,578,883	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	80,301	1,033,235	65,817	71,893	69,848	57,645	63,215	48,750	0	0	0	0	0	0
Cash	904,915	902,739	970,929	775,063	1,246,376	1,397,199	1,068,013	772,285	223,579	12	12	12	12	12
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	4,086,004	3,829,835	2,956,514	2,360,400	3,034,905	2,400,433	2,311,508	1,913,065	1,162,093	927,798	635,613	731,092	873,933	758,453
total assets	4,224,048	3,937,820	3,076,815	2,445,523	3,148,408	2,526,851	2,445,695	2,072,205	1,301,901	1,063,245	789,265	856,478	1,020,231	884,405
Bank overdraft	0	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	0
Trade Creditors	1,056,132	1,189,245	915,526	408,118	1,043,474	610,370	599,225	465,509	707,942	734,511	479,727	517,175	663,674	544,408
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	17,743	7,322	3,362	9,117	5,084	14,951	26,979	32,170	0	0	0	0	0	0
other current liabilities	356,439	465,873	407,163	454,059	456,386	448,842	448,462	464,051	0	0	0	0	0	0
total current liabilities	1,430,314	1,662,440	1,326,051	871,294	1,504,944	1,074,163	1,074,666	961,730	707,942	734,511	479,727	517,175	663,674	544,408
loans	0	0	0	0	0	0	0	0	0	0	0	53,146	63,754	0
hp & lease commitments	69,906	31,964	21,487	0	9,117	14,688	15,906	43,793	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	0	0	86,724	86,094	104,061	82,551	98,221	147,492
provisions	24,758	18,952	21,192	14,402	0	0	0	0	0	0	0	0	0	0
total long term liabilities	94,664	50,916	42,679	14,402	9,117	14,688	15,906	43,793	86,724	86,094	104,061	135,697	161,975	147,492
total liabilities	1,524,978	1,713,356	1,368,730	885,696	1,514,061	1,088,851	1,090,572	1,005,523	794,666	820,605	583,788	652,872	825,649	691,900
net assets	2,699,070	2,224,464	1,708,085	1,559,827	1,634,347	1,438,000	1,355,123	1,066,682	507,235	242,640	205,477	203,606	194,582	192,505
total shareholders funds	2,699,070	2,224,464	1,708,085	1,559,827	1,634,347	1,438,000	1,355,123	1,066,682	507,235	242,640	205,477	203,606	194,582	192,505

	Jun 2023	Jun 2022	Jun 2021	Jun 2020	Jun 2019	Jun 2018	Jun 2017	Jun 2016	Jun 2015	Jun 2014	Jun 2013	Jun 2012	Jun 2011	Jun 2010
Operating Activities
Operating Profit	587,617	625,795	182,162	-75,531	232,490	96,154	353,800	696,819	330,185	47,042	4,157	15,673	4,879	56,028
Depreciation	31,147	30,116	22,742	28,380	35,054	41,833	38,755	0	24,982	29,955	24,272	21,662	19,861	17,786
Amortisation	0	0	0	0	0	2,500	2,500	0	2,500	2,500	2,500	2,500	2,500	2,500
Tax	-158,202	-121,126	-34,777	0	-46,057	-19,440	-67,659	-139,862	-66,149	-9,879	-559	-2,850	-730	-15,688
Stock	-75,515	90,000	60,000	-50,000	95,500	4,500	-60,000	15,000	15,000	0	-30,000	0	0	75,000
Debtors	329,508	851,511	340,248	-153,192	689,795	-244,761	162,715	187,266	-4,272	292,185	-65,479	-142,841	115,480	683,441
Creditors	-133,113	273,719	507,408	-635,356	433,104	11,145	133,716	-242,433	-26,569	254,784	-37,448	-146,499	119,266	544,408
Accruals and Deferred Income	-109,434	58,710	-46,896	-2,327	7,544	380	-15,589	464,051	0	0	0	0	0	0
Deferred Taxes & Provisions	5,806	-2,240	6,790	14,402	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	-30,172	-76,537	237,181	-467,240	-123,160	372,833	342,808	576,309	254,221	32,217	88,401	33,327	30,296	-153,407
Investing Activities
capital expenditure	-61,206	-17,800	-57,920	0	-22,139	-36,564	-16,302	-19,332	-31,843	-14,250	-55,038	-3,250	-42,707	-146,238
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-61,206	-17,800	-57,920	0	-22,139	-36,564	-16,302	-19,332	-31,843	-14,250	-55,038	-3,250	-42,707	-146,238
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	0	0	0	0	0	0	0	0	0	0	-53,146	-10,608	63,754	0
Hire Purchase and Lease Commitments	48,363	14,437	15,732	-5,084	-15,438	-13,246	-33,078	75,963	0	0	0	0	0	0
other long term liabilities	0	0	0	0	0	0	0	-86,724	630	-17,967	21,510	-15,670	-49,271	147,492
share issue	0	0	0	0	0	0	0	0	0	0	0	0	0	152,165
interest	45,191	11,710	873	1,011	9,913	6,163	2,300	2,490	559	0	-1,727	-3,799	-2,072	0
cash flow from financing	93,554	26,147	16,605	-4,073	-5,525	-7,083	-30,778	-8,271	1,189	-17,967	-33,363	-30,077	12,411	299,657
cash and cash equivalents
cash	2,176	-68,190	195,866	-471,313	-150,823	329,186	295,728	548,706	223,567	0	0	0	0	12
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	2,176	-68,190	195,866	-471,313	-150,823	329,186	295,728	548,706	223,567	0	0	0	0	12

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for coney brothers dry construction limited. Get real-time insights into coney brothers dry construction limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for coney brothers dry construction limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

CONEY BROTHERS DRY CONSTRUCTION LIMITED group structure

Coney Brothers Dry Construction Limited has no subsidiary companies.

Ultimate parent company

CONEY BROTHERS DRY CONSTRUCTION LIMITED

03503767

CONEY BROTHERS DRY CONSTRUCTION LIMITED Shareholders

cbdc holdings limited

100%

Coney Brothers Dry Construction Limited currently has 4 directors. The longest serving directors include Mr Steven Coney (Feb 1998) and Mr Nicholas Sherress (Feb 1998).

officer	country	age	start	end	role
Mr Steven Coney		66 years	Feb 1998	-	Director
Mr Nicholas Sherress	United Kingdom	62 years	Feb 1998	-	Director
Mrs Annette Coney		63 years	Jan 2016	-	Director
Mrs Frances Sherress		59 years	Jan 2016	-	Director

P&L

June 2023

turnover

7.1m

-15%

operating profit

587.6k

gross margin

28%

+7.34%

turnover

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

Balance Sheet

June 2023

net assets

2.7m

+0.21%

total assets

4.2m

+0.07%

cash

904.9k

net assets

Total assets minus all liabilities

Similar Companies

Agree?

harbour render systems limited

mizen build limited

4.5

tapper interiors ltd.

4.5

gps drywall contracts limited

4.5

solar advanced systems ltd

company number

03503767

Type

Private limited with Share Capital

industry

43310 - Plastering

43290 - Other construction installation

incorporation date

February 1998

age

accounts

Total Exemption Full

ultimate parent company

None

previous names

N/A

incorporated

address

watson associates, 30-34 north street, hailsham, east sussex, BN27 1DW

last accounts submitted

June 2023

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 1 charges/mortgages relating to coney brothers dry construction limited. Currently there are 1 open charges and 0 have been satisfied in the past.

coney brothers dry construction limited Company Information

coney brothers dry construction limited Estimated Valuation

coney brothers dry construction limited Estimated Valuation

coney brothers dry construction limited Estimated Valuation

Coney Brothers Dry Construction Limited Overview

Coney Brothers Dry Construction Limited Health Check

CONEY BROTHERS DRY CONSTRUCTION LIMITED financials

coney brothers dry construction limited Credit Report and Business Information

Coney Brothers Dry Construction Limited Competitor Analysis

coney brothers dry construction limited Ownership

coney brothers dry construction limited directors

coney brothers dry construction limited company details

coney brothers dry construction limited Charges & Mortgages

coney brothers dry construction limited Companies House Filings - See Documents