laing o'rourke plc.

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laing o'rourke plc. Company Information

Share LAING O'ROURKE PLC.

Company Number

04222545

Shareholders

o'rourke investments ltd

Group Structure

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Industry

Construction of commercial buildings

 

Registered Address

bridge place anchor boulevard, admirals park crossways, dartford, kent, DA2 6SN

laing o'rourke plc. Estimated Valuation

£1b

Pomanda estimates the enterprise value of LAING O'ROURKE PLC. at £1b based on a Turnover of £2.4b and 0.44x industry multiple (adjusted for size and gross margin).

laing o'rourke plc. Estimated Valuation

£194.9m

Pomanda estimates the enterprise value of LAING O'ROURKE PLC. at £194.9m based on an EBITDA of £42.7m and a 4.57x industry multiple (adjusted for size and gross margin).

laing o'rourke plc. Estimated Valuation

£0

Pomanda estimates the enterprise value of LAING O'ROURKE PLC. at £0 based on Net Assets of £-307.8m and 1.51x industry multiple (adjusted for liquidity).

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Laing O'rourke Plc. Overview

Laing O'rourke Plc. is a live company located in dartford, DA2 6SN with a Companies House number of 04222545. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in May 2001, it's largest shareholder is o'rourke investments ltd with a 100% stake. Laing O'rourke Plc. is a mature, mega sized company, Pomanda has estimated its turnover at £2.4b with high growth in recent years.

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Laing O'rourke Plc. Health Check

Pomanda's financial health check has awarded Laing O'Rourke Plc. a 3 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs

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Health Rating3out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £2.4b, make it larger than the average company (£11.3m)

£2.4b - Laing O'rourke Plc.

£11.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (9.2%)

16% - Laing O'rourke Plc.

9.2% - Industry AVG

production

Production

with a gross margin of 4.4%, this company has a higher cost of product (16%)

4.4% - Laing O'rourke Plc.

16% - Industry AVG

profitability

Profitability

an operating margin of 0.2% make it less profitable than the average company (4.5%)

0.2% - Laing O'rourke Plc.

4.5% - Industry AVG

employees

Employees

with 6936 employees, this is above the industry average (32)

6936 - Laing O'rourke Plc.

32 - Industry AVG

paystructure

Pay Structure

on an average salary of £78.4k, the company has a higher pay structure (£55k)

£78.4k - Laing O'rourke Plc.

£55k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £345.2k, this is equally as efficient (£336.5k)

£345.2k - Laing O'rourke Plc.

£336.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 5 days, this is earlier than average (46 days)

5 days - Laing O'rourke Plc.

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 25 days, this is quicker than average (39 days)

25 days - Laing O'rourke Plc.

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (17 days)

2 days - Laing O'rourke Plc.

17 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (22 weeks)

6 weeks - Laing O'rourke Plc.

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 131.6%, this is a higher level of debt than the average (67.8%)

131.6% - Laing O'rourke Plc.

67.8% - Industry AVG

LAING O'ROURKE PLC. financials

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Laing O'Rourke Plc.'s latest turnover from March 2024 is £2.4 billion and the company has net assets of -£307.8 million. According to their latest financial statements, Laing O'Rourke Plc. has 6,936 employees and maintains cash reserves of £131.5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover2,394,500,0002,034,900,0001,807,300,0001,522,400,0001,651,900,0001,932,300,0001,841,600,0001,826,200,0001,478,900,0001,440,800,0001,668,600,0001,640,100,0001,622,400,0001,746,300,0002,198,000,000
Other Income Or Grants
Cost Of Sales2,288,500,0002,092,600,0001,651,000,0001,402,700,0001,488,800,0001,770,600,0001,739,900,0001,704,400,0001,491,800,0001,434,900,0001,512,700,0001,473,000,0001,448,700,0001,570,100,0002,012,200,000
Gross Profit106,000,000-57,700,000156,300,000119,700,000163,100,000161,700,000101,700,000121,800,000-12,900,0005,900,000155,900,000167,100,000173,700,000176,200,000185,800,000
Admin Expenses102,200,000116,700,000121,200,00095,000,000127,100,000118,400,000104,246,750197,400,000251,000,00083,800,000143,500,000141,600,000143,800,000143,100,000151,900,000
Operating Profit3,800,000-174,400,00035,100,00024,700,00036,000,00043,300,000-2,546,750-75,600,000-263,900,000-77,900,00012,400,00025,500,00029,900,00033,100,00033,900,000
Interest Payable27,500,00017,300,00012,900,00020,100,00020,500,00011,500,00015,200,00014,500,0004,800,0007,600,00024,500,00020,500,00016,000,0009,400,00013,800,000
Interest Receivable2,500,000600,000100,000300,000900,000900,000500,000700,0001,500,0003,300,00022,500,00016,500,00013,500,0004,900,0007,100,000
Pre-Tax Profit-19,300,000-188,300,00016,200,0004,900,00010,500,00032,700,000-25,200,000-80,800,000-267,200,000-82,200,00010,400,00021,500,00027,400,00028,600,00034,300,000
Tax3,400,00059,400,0004,000,000-3,900,000-2,900,000-1,400,000-3,200,0007,200,00029,200,00022,800,000-5,100,000-5,300,000-9,800,000-11,400,000-11,600,000
Profit After Tax-15,900,000-128,900,00020,200,0001,000,0007,600,00031,300,000-28,400,000-73,600,000-238,000,000-59,400,0005,300,00016,200,00017,600,00017,200,00022,700,000
Dividends Paid23,700,00019,000,000
Retained Profit-15,900,000-128,900,00020,200,0001,000,0007,600,00031,300,000-28,400,000-75,700,000-238,400,000-59,900,0005,100,00016,100,00017,600,000-6,500,0003,600,000
Employee Costs543,600,000529,400,000492,900,000383,300,000417,400,000450,000,000439,700,000463,900,000455,100,000458,000,000449,400,000428,500,000423,400,000411,200,000508,000,000
Number Of Employees6,9366,9846,5816,3326,7047,5197,6698,5398,6508,1468,1468,1237,8917,6089,648
EBITDA*42,700,000-138,600,00068,400,00056,000,00068,900,00063,500,00017,253,250-47,800,000-229,300,000-40,700,00047,900,00059,600,00063,700,00069,700,00073,500,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets317,700,000257,400,000393,800,000333,400,000379,100,000244,000,000238,300,000265,400,000325,400,000300,400,000203,600,000183,200,000175,700,000183,800,000198,800,000
Intangible Assets206,800,000242,100,00040,600,00035,000,00039,200,00035,000,00034,500,00032,600,00031,700,00032,100,000-1,700,000-1,300,000100,0006,200,0008,200,000
Investments & Other16,300,00016,300,00013,500,00014,900,00024,400,00024,600,00029,300,00047,400,00065,400,00065,200,00049,800,00073,200,00074,500,00058,500,0004,600,000
Debtors (Due After 1 year)196,400,000179,100,00087,300,00061,500,00080,300,00075,800,00029,800,00024,000,00020,100,00016,100,00031,900,00032,300,00012,600,00035,300,00010,600,000
Total Fixed Assets524,500,000499,500,000398,600,000337,200,000382,300,000279,000,000272,800,000298,000,000357,100,000332,500,000283,600,000287,400,000262,900,000283,800,000222,200,000
Stock & work in progress16,500,00018,100,00016,400,0009,900,0009,500,00010,200,00012,500,00011,000,00016,700,00021,000,00099,800,000137,800,000170,500,000178,400,000183,000,000
Trade Debtors37,400,00047,000,00069,000,000112,600,000128,800,000212,600,000271,600,000223,900,00062,000,00030,800,000250,800,000233,000,000192,100,00090,600,000222,300,000
Group Debtors5,200,00010,900,00013,700,00013,300,00016,500,00023,400,00043,600,00054,100,00083,900,000205,500,000187,500,000206,100,000163,700,00042,600,000
Misc Debtors25,600,00030,800,00017,800,00042,100,00026,200,00020,400,00024,300,00027,000,000170,000,000186,300,00043,000,00036,000,00039,300,000200,900,000113,300,000
Cash131,500,000152,200,000184,600,000261,500,000241,500,000254,600,000179,300,000174,500,000108,600,000320,200,000316,000,000302,500,000346,900,000335,700,000545,500,000
misc current assets223,300,000123,000,00078,700,0008,500,0004,700,0006,300,000300,0002,000,000600,000600,0003,500,00010,300,0009,100,000
total current assets449,500,000388,600,000386,200,000449,400,000424,300,000522,800,000515,800,000486,300,000411,700,000644,200,000915,700,000897,400,000958,400,000979,600,0001,115,800,000
total assets974,000,000888,100,000784,800,000786,600,000806,600,000801,800,000788,600,000784,300,000768,800,000976,700,0001,199,300,0001,184,800,0001,221,300,0001,263,400,0001,338,000,000
Bank overdraft100,100,00014,000,00044,900,000
Bank loan200,000153,200,00050,400,000100,00017,600,000128,300,0003,400,00010,500,00025,800,000
Trade Creditors 161,100,000137,600,000134,600,000267,800,000150,000,000162,900,000164,500,000163,200,000141,900,000170,900,000122,100,000161,300,000112,500,000342,800,000443,700,000
Group/Directors Accounts4,300,0007,300,0008,700,000
other short term finances72,600,00044,200,000
hp & lease commitments34,700,00024,200,00028,000,00016,800,00015,400,00015,300,00027,000,00032,100,00031,700,00024,600,00023,600,00026,600,00035,300,000
other current liabilities774,300,000723,700,000557,500,000357,100,000483,200,000565,300,000591,700,000582,700,000505,200,000488,600,000651,800,000658,200,000724,900,000540,500,000491,900,000
total current liabilities1,008,000,000905,500,000727,000,000802,300,000711,600,000745,000,000771,700,000778,800,000802,400,000695,000,000910,000,000865,400,000914,600,000920,400,000996,700,000
loans432,000,000453,600,000285,400,000195,200,000519,200,000451,600,000434,200,000370,800,00088,400,000226,600,00039,500,00072,400,00088,800,000154,000,000150,600,000
hp & lease commitments129,600,00097,600,000108,500,00023,700,00020,800,00047,600,00036,500,00036,300,00037,200,00032,000,000
Accruals and Deferred Income2,400,0004,700,0008,800,0001,500,0001,700,0002,500,0002,600,0004,800,00012,600,0008,100,00021,300,0007,000,000
other liabilities36,400,00032,400,00067,600,00055,900,00013,000,00020,000,00015,200,0009,100,00016,200,00014,900,00017,300,00016,600,00010,500,0002,500,0006,500,000
provisions38,000,00021,400,000600,00019,200,0007,800,0007,200,0006,700,000
total long term liabilities273,800,000274,600,000219,400,000164,600,000274,300,000245,800,000234,800,000197,100,00065,200,000140,800,000112,500,000146,800,000150,400,000200,900,000195,800,000
total liabilities1,281,800,0001,180,100,000946,400,000966,900,000985,900,000990,800,0001,006,500,000975,900,000867,600,000835,800,0001,022,500,0001,012,200,0001,065,000,0001,121,300,0001,192,500,000
net assets-307,800,000-292,000,000-161,600,000-180,300,000-179,300,000-189,000,000-217,900,000-191,600,000-100,000,000139,500,000175,900,000171,900,000155,700,000141,500,000144,900,000
total shareholders funds-307,800,000-292,000,000-161,600,000-180,300,000-179,300,000-189,000,000-217,900,000-191,600,000-100,000,000139,500,000175,900,000171,900,000155,700,000141,500,000144,900,000
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit3,800,000-174,400,00035,100,00024,700,00036,000,00043,300,000-2,546,750-75,600,000-263,900,000-77,900,00012,400,00025,500,00029,900,00033,100,00033,900,000
Depreciation13,400,0008,900,00030,100,00028,500,00030,000,00017,000,00017,600,00025,800,00032,500,00034,600,00034,600,00032,700,00031,900,00034,600,00037,800,000
Amortisation25,500,00026,900,0003,200,0002,800,0002,900,0003,200,0002,200,0002,000,0002,100,0002,600,000900,0001,400,0001,900,0002,000,0001,800,000
Tax3,400,00059,400,0004,000,000-3,900,000-2,900,000-1,400,000-3,200,0007,200,00029,200,00022,800,000-5,100,000-5,300,000-9,800,000-11,400,000-11,600,000
Stock-1,600,0001,700,0006,500,000400,000-700,000-2,300,0001,500,000-5,700,000-4,300,000-78,800,000-38,000,000-32,700,000-7,900,000-4,600,000183,000,000
Debtors-2,700,00077,100,000-44,900,000-18,700,000-76,700,000-23,800,00030,600,00012,300,000-10,900,000-214,100,00042,400,00038,700,000-40,400,000101,700,000388,800,000
Creditors23,500,0003,000,000-133,200,000117,800,000-12,900,000-1,600,0001,300,00021,300,000-29,000,00048,800,000-39,200,00048,800,000-230,300,000-100,900,000443,700,000
Accruals and Deferred Income48,300,000162,100,000207,700,000-126,300,000-80,400,000-28,900,0008,900,00075,300,0008,800,000-158,700,000-19,600,000-52,400,000191,400,00048,600,000491,900,000
Deferred Taxes & Provisions16,600,00020,800,000-18,600,00019,200,000-7,800,000600,000500,0006,700,000
Cash flow from operations138,800,00027,900,000166,700,00081,100,00050,100,00057,700,000-7,846,75049,400,000-205,100,000165,100,000-20,400,00036,900,00063,900,000-90,600,000432,400,000
Investing Activities
capital expenditure-63,900,000-100,900,000-99,300,00018,600,000-172,200,000-26,400,0005,400,00031,300,000-59,200,000-167,800,0001,000,000-6,000,0003,700,0009,900,000-9,300,000
Change in Investments2,800,000-1,400,000-9,500,000-200,000-4,700,000-18,100,000-18,000,000200,00015,400,000-23,400,000-1,300,00016,000,00053,900,0004,600,000
cash flow from investments-63,900,000-103,700,000-97,900,00028,100,000-172,000,000-21,700,00023,500,00049,300,000-59,400,000-183,200,00024,400,000-4,700,000-12,300,000-44,000,000-13,900,000
Financing Activities
Bank loans-200,000-153,000,000102,800,00050,400,000-100,000-17,500,000-110,700,000124,900,0003,400,000-10,500,000-15,300,00025,800,000
Group/Directors Accounts-4,300,000-3,000,000-1,400,0008,700,000
Other Short Term Loans 28,400,00044,200,000
Long term loans-21,600,000168,200,00090,200,000-324,000,00067,600,00017,400,00063,400,000282,400,000-138,200,000187,100,000-32,900,000-16,400,000-65,200,0003,400,000150,600,000
Hire Purchase and Lease Commitments-164,300,00042,500,000-14,700,000119,700,000-22,300,0003,000,0009,100,000-5,100,000-47,200,00018,200,0001,200,000-3,900,000-3,500,00067,300,000
other long term liabilities4,000,000-35,200,00011,700,00042,900,000-7,000,0004,800,0006,100,000-7,100,0001,300,000-2,400,000700,0006,100,0008,000,000-4,000,0006,500,000
share issue100,000-1,500,000-1,500,000-2,000,0002,100,000-2,400,0002,100,000-15,900,000-1,100,00023,500,000-1,100,000100,000-3,400,0003,100,000141,300,000
interest-25,000,000-16,700,000-12,800,000-19,800,000-19,600,000-10,600,000-14,700,000-13,800,000-3,300,000-4,300,000-2,000,000-4,000,000-2,500,000-4,500,000-6,700,000
cash flow from financing-14,100,000-5,500,000-22,900,000-214,800,000213,200,000-13,200,00042,400,000144,000,000-21,500,000155,800,000-20,100,000-14,400,000-68,800,000-20,800,000384,800,000
cash and cash equivalents
cash-20,700,000-32,400,000-76,900,00020,000,000-13,100,00075,300,0004,800,00065,900,000-211,600,0004,200,00013,500,000-44,400,00011,200,000-209,800,000545,500,000
overdraft-100,100,00086,100,000-30,900,00044,900,000
change in cash-20,700,000-32,400,000-76,900,00020,000,000-13,100,00075,300,0004,800,00065,900,000-211,600,000104,300,000-72,600,000-13,500,000-33,700,000-209,800,000545,500,000

laing o'rourke plc. Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Laing O'rourke Plc. Competitor Analysis

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Perform a competitor analysis for laing o'rourke plc. by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in DA2 area or any other competitors across 12 key performance metrics.

laing o'rourke plc. Ownership

LAING O'ROURKE PLC. group structure

Laing O'Rourke Plc. has 6 subsidiary companies.

LAING O'ROURKE PLC. Shareholders

o'rourke investments ltd 100%

laing o'rourke plc. directors

Laing O'Rourke Plc. currently has 4 directors. The longest serving directors include Mr Raymond O'Rourke (Jul 2001) and Mr John O'Connor (Dec 2019).

officercountryagestartendrole
Mr Raymond O'Rourke78 years Jul 2001- Director
Mr John O'ConnorUnited Kingdom59 years Dec 2019- Director
Miss Madeleina IgoeEngland49 years Dec 2019- Director
Mr Cathal O'RourkeUnited Kingdom48 years Jun 2023- Director

P&L

March 2024

turnover

2.4b

+18%

operating profit

3.8m

-102%

gross margin

4.5%

-256.12%

turnover

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

Balance Sheet

March 2024

net assets

-307.8m

+0.05%

total assets

974m

+0.1%

cash

131.5m

-0.14%

net assets

Total assets minus all liabilities

laing o'rourke plc. company details

company number

04222545

Type

Public limited with Share Capital

industry

41201 - Construction of commercial buildings

incorporation date

May 2001

age

24

incorporated

UK

ultimate parent company

LAING O'ROURKE CORP LTD

accounts

Group

last accounts submitted

March 2024

previous names

o'rourke plc (March 2002)

shelfco (no.2482) limited (October 2001)

accountant

-

auditor

PRICEWATERHOUSECOOPERS LLP

address

bridge place anchor boulevard, admirals park crossways, dartford, kent, DA2 6SN

Bank

HSBC BANK PLC

Legal Advisor

-

laing o'rourke plc. 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 9 charges/mortgages relating to laing o'rourke plc.. Currently there are 0 open charges and 9 have been satisfied in the past.

laing o'rourke plc. Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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laing o'rourke plc. Companies House Filings - See Documents

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