mead construction (cambridge) limited
mead construction (cambridge) limited Company Information
Company Number
04077576
Registered Address
liberty barns heath road, swaffham prior, cambridge, cambridgeshire, CB25 0LA
Industry
Construction of other civil engineering projects n.e.c.
Telephone
01638742463
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
martin edward mead 60%
phillip martin mead 10%
View Allmead construction (cambridge) limited Estimated Valuation
Pomanda estimates the enterprise value of MEAD CONSTRUCTION (CAMBRIDGE) LIMITED at £3.9m based on a Turnover of £13.5m and 0.29x industry multiple (adjusted for size and gross margin).
mead construction (cambridge) limited Estimated Valuation
Pomanda estimates the enterprise value of MEAD CONSTRUCTION (CAMBRIDGE) LIMITED at £8.6m based on an EBITDA of £2.2m and a 3.93x industry multiple (adjusted for size and gross margin).
mead construction (cambridge) limited Estimated Valuation
Pomanda estimates the enterprise value of MEAD CONSTRUCTION (CAMBRIDGE) LIMITED at £11.7m based on Net Assets of £6.9m and 1.68x industry multiple (adjusted for liquidity).
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Mead Construction (cambridge) Limited Overview
Mead Construction (cambridge) Limited is a live company located in cambridge, CB25 0LA with a Companies House number of 04077576. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in September 2000, it's largest shareholder is martin edward mead with a 60% stake. Mead Construction (cambridge) Limited is a mature, mid sized company, Pomanda has estimated its turnover at £13.5m with high growth in recent years.
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Mead Construction (cambridge) Limited Health Check
Pomanda's financial health check has awarded Mead Construction (Cambridge) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 1 areas for improvement. Company Health Check FAQs
4 Strong
7 Regular
1 Weak
Size
annual sales of £13.5m, make it in line with the average company (£13.1m)
- Mead Construction (cambridge) Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (5.6%)
- Mead Construction (cambridge) Limited
5.6% - Industry AVG
Production
with a gross margin of 16.3%, this company has a comparable cost of product (16.3%)
- Mead Construction (cambridge) Limited
16.3% - Industry AVG
Profitability
an operating margin of 5.6% make it more profitable than the average company (4.4%)
- Mead Construction (cambridge) Limited
4.4% - Industry AVG
Employees
with 55 employees, this is similar to the industry average (53)
- Mead Construction (cambridge) Limited
53 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Mead Construction (cambridge) Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £245.7k, this is equally as efficient (£247.7k)
- Mead Construction (cambridge) Limited
£247.7k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is near the average (57 days)
- Mead Construction (cambridge) Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (41 days)
- Mead Construction (cambridge) Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 7 days, this is in line with average (7 days)
- Mead Construction (cambridge) Limited
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (19 weeks)
12 weeks - Mead Construction (cambridge) Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.4%, this is a lower level of debt than the average (63.4%)
32.4% - Mead Construction (cambridge) Limited
63.4% - Industry AVG
MEAD CONSTRUCTION (CAMBRIDGE) LIMITED financials
Mead Construction (Cambridge) Limited's latest turnover from December 2022 is estimated at £13.5 million and the company has net assets of £6.9 million. According to their latest financial statements, we estimate that Mead Construction (Cambridge) Limited has 55 employees and maintains cash reserves of £414.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | 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 | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | 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 | 7,176,150 | 6,779,511 | 5,585,947 | 2,833,451 | 2,587,736 | 2,135,950 | 1,692,944 | 1,485,754 | 1,064,134 | 879,363 | 705,823 | 806,379 | 833,905 | 794,343 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 375 | 1,125 |
| 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 | 7,176,150 | 6,779,511 | 5,585,947 | 2,833,451 | 2,587,736 | 2,135,950 | 1,692,944 | 1,485,754 | 1,064,134 | 879,363 | 705,823 | 806,379 | 834,280 | 795,468 |
| Stock & work in progress | 247,410 | 231,445 | 251,742 | 488,989 | 189,350 | 133,715 | 216,034 | 287,213 | 357,424 | 139,376 | 447,651 | 228,412 | 128,581 | 142,379 |
| Trade Debtors | 2,405,444 | 2,650,493 | 1,766,969 | 1,721,020 | 1,026,355 | 997,912 | 1,091,247 | 1,563,114 | 1,242,986 | 679,845 | 662,212 | 535,826 | 600,172 | 500,048 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 743,271 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,203 | 0 |
| Cash | 414,516 | 684,552 | 456,662 | 769,650 | 836,654 | 515,944 | 1,173,448 | 371,102 | 364,784 | 533,964 | 138,421 | 299,062 | 116,162 | 171,624 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 3,067,370 | 3,566,490 | 2,475,373 | 2,979,659 | 2,052,359 | 2,390,842 | 2,480,729 | 2,221,429 | 1,965,194 | 1,353,185 | 1,248,284 | 1,063,300 | 855,118 | 814,051 |
| total assets | 10,243,520 | 10,346,001 | 8,061,320 | 5,813,110 | 4,640,095 | 4,526,792 | 4,173,673 | 3,707,183 | 3,029,328 | 2,232,548 | 1,954,107 | 1,869,679 | 1,689,398 | 1,609,519 |
| 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 | 1,688,176 | 2,174,001 | 851,650 | 668,882 | 450,223 | 323,600 | 478,963 | 512,861 | 493,172 | 328,680 | 431,933 | 469,446 | 272,960 | 279,516 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 50,805 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,688,176 | 2,174,001 | 851,650 | 668,882 | 450,223 | 374,405 | 478,963 | 512,861 | 493,172 | 328,680 | 431,933 | 469,446 | 272,960 | 279,516 |
| loans | 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 | 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 | 937,590 | 1,286,436 | 1,417,934 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29,564 | 74,666 | 19,188 |
| provisions | 690,500 | 584,000 | 362,000 | 260,000 | 146,000 | 162,000 | 172,000 | 172,000 | 104,000 | 50,000 | 24,000 | 34,000 | 34,000 | 26,500 |
| total long term liabilities | 1,628,090 | 1,870,436 | 1,779,934 | 260,000 | 146,000 | 162,000 | 172,000 | 172,000 | 104,000 | 50,000 | 24,000 | 63,564 | 108,666 | 45,688 |
| total liabilities | 3,316,266 | 4,044,437 | 2,631,584 | 928,882 | 596,223 | 536,405 | 650,963 | 684,861 | 597,172 | 378,680 | 455,933 | 533,010 | 381,626 | 325,204 |
| net assets | 6,927,254 | 6,301,564 | 5,429,736 | 4,884,228 | 4,043,872 | 3,990,387 | 3,522,710 | 3,022,322 | 2,432,156 | 1,853,868 | 1,498,174 | 1,336,669 | 1,307,772 | 1,284,315 |
| total shareholders funds | 6,927,254 | 6,301,564 | 5,429,736 | 4,884,228 | 4,043,872 | 3,990,387 | 3,522,710 | 3,022,322 | 2,432,156 | 1,853,868 | 1,498,174 | 1,336,669 | 1,307,772 | 1,284,315 |
| Dec 2022 | 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 | ||||||||||||||
| Depreciation | 1,428,136 | 1,235,920 | 837,822 | 714,643 | 615,270 | 437,651 | 410,253 | 278,460 | 209,314 | 193,878 | 185,305 | 194,149 | 184,218 | 211,314 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 375 | 750 | 750 |
| Tax | ||||||||||||||
| Stock | 15,965 | -20,297 | -237,247 | 299,639 | 55,635 | -82,319 | -71,179 | -70,211 | 218,048 | -308,275 | 219,239 | 99,831 | -13,798 | 142,379 |
| Debtors | -245,049 | 883,524 | 45,949 | 694,665 | -714,828 | 649,936 | -471,867 | 320,128 | 563,141 | 17,633 | 126,386 | -74,549 | 110,327 | 500,048 |
| Creditors | -485,825 | 1,322,351 | 182,768 | 218,659 | 126,623 | -155,363 | -33,898 | 19,689 | 164,492 | -103,253 | -37,513 | 196,486 | -6,556 | 279,516 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 106,500 | 222,000 | 102,000 | 114,000 | -16,000 | -10,000 | 0 | 68,000 | 54,000 | 26,000 | -10,000 | 0 | 7,500 | 26,500 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| 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 | -50,805 | 50,805 | 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 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -348,846 | -131,498 | 1,417,934 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -29,564 | -45,102 | 55,478 | 19,188 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -270,036 | 227,890 | -312,988 | -67,004 | 320,710 | -657,504 | 802,346 | 6,318 | -169,180 | 395,543 | -160,641 | 182,900 | -55,462 | 171,624 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -270,036 | 227,890 | -312,988 | -67,004 | 320,710 | -657,504 | 802,346 | 6,318 | -169,180 | 395,543 | -160,641 | 182,900 | -55,462 | 171,624 |
mead construction (cambridge) limited Credit Report and Business Information
Mead Construction (cambridge) Limited Competitor Analysis
Perform a competitor analysis for mead construction (cambridge) limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mead construction (cambridge) limited Ownership
MEAD CONSTRUCTION (CAMBRIDGE) LIMITED group structure
Mead Construction (Cambridge) Limited has 1 subsidiary company.
Ultimate parent company
MEAD CONSTRUCTION (CAMBRIDGE) LIMITED
04077576
1 subsidiary
mead construction (cambridge) limited directors
Mead Construction (Cambridge) Limited currently has 4 directors. The longest serving directors include Mr Martin Mead (Sep 2000) and Mr Richard Mead (Sep 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Mead | England | 68 years | Sep 2000 | - | Director |
| Mr Richard Mead | England | 39 years | Sep 2010 | - | Director |
| Mr Michael Mead | England | 42 years | Sep 2010 | - | Director |
| Mr Philip Mead | England | 37 years | Jan 2019 | - | Director |
P&L
December 2022turnover
13.5m
-9%
operating profit
753.2k
0%
gross margin
16.4%
+1.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
6.9m
+0.1%
total assets
10.2m
-0.01%
cash
414.5k
-0.39%
net assets
Total assets minus all liabilities
mead construction (cambridge) limited company details
company number
04077576
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
September 2000
age
24
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
liberty barns heath road, swaffham prior, cambridge, cambridgeshire, CB25 0LA
last accounts submitted
December 2022
mead construction (cambridge) 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 2 charges/mortgages relating to mead construction (cambridge) limited. Currently there are 1 open charges and 1 have been satisfied in the past.
mead construction (cambridge) limited Companies House Filings - See Documents
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