mcdermott energy solutions (uk) limitedEstimated Valuation
£54.2m
Pomanda estimates the enterprise value of MCDERMOTT ENERGY SOLUTIONS (UK) LIMITED at £54.2m based on a Turnover of £122.8m and 0.44x industry multiple (adjusted for size and gross margin).
mcdermott energy solutions (uk) limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MCDERMOTT ENERGY SOLUTIONS (UK) LIMITED at £0 based on an EBITDA of £-3.2m and a 4.46x industry multiple (adjusted for size and gross margin).
mcdermott energy solutions (uk) limitedEstimated Valuation
£306.6m
Pomanda estimates the enterprise value of MCDERMOTT ENERGY SOLUTIONS (UK) LIMITED at £306.6m based on Net Assets of £134.7m and 2.28x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mcdermott Energy Solutions (uk) LimitedOverview
Mcdermott Energy Solutions (uk) Limited is a live company located in london, W4 5YA with a Companies House number of 04438080. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in May 2002, it's largest shareholder is
chicago bridge & iron company (netherlands) llc
with a 100% stake. Mcdermott Energy Solutions (uk) Limited is a mature,
mega sized company, Pomanda has estimated its turnover at
£122.8m with
rapid
growth in recent years.
Mcdermott Energy Solutions (uk) Limited Health Check
Pomanda's financial health check has awarded Mcdermott Energy Solutions (Uk) 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
Health Rating3.5out of 5
5 Strong
1 Regular
5 Weak
Size
annual sales of £122.8m, make it larger than the average company (£8m)
£122.8m - Mcdermott Energy Solutions (uk) Limited
£8m - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (4%)
44% - Mcdermott Energy Solutions (uk) Limited
4% - Industry AVG
Production
with a gross margin of 0.7%, this company has a higher cost of product (23.2%)
0.7% - Mcdermott Energy Solutions (uk) Limited
23.2% - Industry AVG
Profitability
an operating margin of -2.7% make it less profitable than the average company (5.2%)
-2.7% - Mcdermott Energy Solutions (uk) Limited
5.2% - Industry AVG
Employees
with 200 employees, this is above the industry average (40)
200 - Mcdermott Energy Solutions (uk) Limited
40 - Industry AVG
Pay Structure
on an average salary of £142k, the company has a higher pay structure (£52.7k)
£142k - Mcdermott Energy Solutions (uk) Limited
£52.7k - Industry AVG
Efficiency
resulting in sales per employee of £614.1k, this is more efficient (£181k)
£614.1k - Mcdermott Energy Solutions (uk) Limited
£181k - Industry AVG
Debtor Days
it gets paid by customers after 17 days, this is earlier than average (64 days)
17 days - Mcdermott Energy Solutions (uk) Limited
64 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (44 days)
26 days - Mcdermott Energy Solutions (uk) Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mcdermott Energy Solutions (uk) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 3 weeks, this is less cash available to meet short term requirements (19 weeks)
3 weeks - Mcdermott Energy Solutions (uk) Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 56.9%, this is a similar level of debt than the average (59.6%)
56.9% - Mcdermott Energy Solutions (uk) Limited
59.6% - Industry AVG
MCDERMOTT ENERGY SOLUTIONS (UK) LIMITED financials
EXPORT
Mcdermott Energy Solutions (Uk) Limited's latest turnover from December 2022 is £122.8 million and the company has net assets of £134.7 million. According to their latest financial statements, Mcdermott Energy Solutions (Uk) Limited has 200 employees and maintains cash reserves of £10.7 million 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
122,829,000
50,848,000
62,555,000
41,285,000
27,448,000
26,416,000
55,413,000
179,113,000
296,926,000
472,456,000
521,738,000
514,444,000
280,229,000
235,366,000
Other Income Or Grants
Cost Of Sales
122,005,000
45,790,000
69,053,000
46,611,000
34,112,000
31,399,000
53,683,000
143,167,000
227,624,000
391,801,000
455,672,000
467,007,000
262,822,000
263,623,000
Gross Profit
824,000
5,058,000
-6,498,000
-5,326,000
-6,664,000
-4,983,000
1,730,000
35,946,000
69,302,000
80,655,000
66,066,000
47,437,000
17,407,000
-28,257,000
Admin Expenses
4,142,000
5,676,000
6,150,000
8,564,000
9,560,000
30,301,000
-17,025,000
6,925,000
14,123,000
-242,000
17,294,000
7,227,000
-3,272,000
14,908,000
Operating Profit
-3,318,000
-618,000
-12,648,000
-13,890,000
-16,224,000
-35,284,000
18,755,000
29,021,000
55,179,000
80,897,000
48,772,000
40,210,000
20,679,000
-43,165,000
Interest Payable
198,000
235,000
577,000
421,000
417,000
625,000
427,000
928,000
4,562,000
1,098,000
1,419,000
1,533,000
2,262,000
Interest Receivable
1,814,000
53,000
412,000
533,000
826,000
1,336,000
503,000
517,000
9,649,000
9,137,000
9,003,000
9,318,000
9,365,000
Pre-Tax Profit
-1,504,000
-816,000
-12,830,000
-14,055,000
-16,403,000
-35,425,000
75,421,000
27,613,000
54,768,000
85,984,000
56,837,000
49,316,000
30,458,000
-36,333,000
Tax
-1,481,000
-1,061,000
-862,000
-978,000
1,283,000
-14,760,000
-6,365,000
-6,861,000
-13,210,000
19,926,000
-12,597,000
-13,787,000
-11,275,000
-22,794,000
Profit After Tax
-2,985,000
-1,877,000
-13,692,000
-15,033,000
-15,120,000
-50,185,000
69,056,000
20,752,000
41,558,000
105,910,000
44,240,000
35,529,000
19,183,000
-59,127,000
Dividends Paid
244,400,000
Retained Profit
-2,985,000
-1,877,000
-13,692,000
-15,033,000
-15,120,000
-50,185,000
-175,344,000
20,752,000
41,558,000
105,910,000
44,240,000
35,529,000
19,183,000
-59,127,000
Employee Costs
28,404,000
27,770,000
32,156,000
27,061,000
25,073,000
31,839,000
41,007,000
46,544,000
47,590,000
44,877,000
35,295,000
29,909,000
39,516,000
56,359,000
Number Of Employees
200
233
257
226
196
245
380
440
451
428
353
320
340
537
EBITDA*
-3,174,000
-572,000
-12,502,000
-13,708,000
-16,149,000
-35,153,000
19,008,000
29,452,000
55,718,000
81,500,000
49,332,000
40,647,000
21,479,000
-41,245,000
* 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
1,205,000
86,000
128,000
287,000
179,000
250,000
526,000
760,000
1,173,000
1,671,000
1,795,000
2,024,000
1,228,000
3,004,000
Intangible Assets
5,000
10,000
Investments & Other
105,763,000
111,184,000
94,106,000
94,106,000
94,106,000
94,109,000
94,109,000
240,850,000
240,850,000
240,938,000
62,551,000
53,579,000
44,388,000
35,324,000
Debtors (Due After 1 year)
Total Fixed Assets
106,968,000
111,270,000
94,234,000
94,393,000
94,285,000
94,359,000
94,635,000
241,610,000
242,023,000
242,609,000
64,346,000
55,603,000
45,621,000
38,338,000
Stock & work in progress
466,000
Trade Debtors
5,954,000
25,830,000
13,498,000
18,949,000
552,000
1,003,000
8,470,000
47,697,000
36,954,000
77,711,000
58,212,000
39,748,000
30,418,000
24,647,000
Group Debtors
178,007,000
90,284,000
74,209,000
61,674,000
44,961,000
34,693,000
34,455,000
4,858,000
6,945,000
37,180,000
182,020,000
202,063,000
151,046,000
146,639,000
Misc Debtors
10,939,000
1,505,000
4,555,000
5,188,000
4,287,000
2,849,000
2,786,000
5,379,000
3,284,000
4,138,000
2,612,000
2,728,000
4,304,000
23,174,000
Cash
10,736,000
2,638,000
953,000
341,000
57,556,000
90,003,000
118,838,000
127,333,000
168,537,000
73,127,000
35,267,000
26,354,000
21,081,000
503,000
misc current assets
4,988,000
5,110,000
21,024,000
21,579,000
28,133,000
36,665,000
16,605,000
28,706,000
41,088,000
46,433,000
total current assets
205,636,000
120,257,000
93,215,000
86,152,000
112,344,000
133,658,000
185,573,000
206,846,000
243,853,000
228,821,000
294,716,000
299,599,000
248,403,000
241,396,000
total assets
312,604,000
231,527,000
187,449,000
180,545,000
206,629,000
228,017,000
280,208,000
448,456,000
485,876,000
471,430,000
359,062,000
355,202,000
294,024,000
279,734,000
Bank overdraft
Bank loan
Trade Creditors
8,924,000
253,000
1,743,000
1,254,000
278,000
1,876,000
495,000
918,000
1,399,000
7,110,000
3,464,000
3,722,000
2,167,000
1,573,000
Group/Directors Accounts
133,282,000
38,176,000
25,253,000
9,321,000
10,017,000
1,356,000
1,690,000
5,428,000
8,145,000
41,460,000
57,988,000
87,337,000
117,860,000
117,277,000
other short term finances
83,000
6,000
hp & lease commitments
other current liabilities
34,058,000
42,378,000
16,697,000
8,137,000
14,421,000
18,584,000
17,206,000
32,405,000
84,905,000
84,271,000
91,980,000
97,902,000
41,338,000
42,333,000
total current liabilities
176,264,000
80,807,000
43,693,000
18,712,000
24,716,000
21,816,000
19,391,000
38,834,000
94,455,000
132,841,000
153,432,000
188,961,000
161,365,000
161,183,000
loans
8,360,000
8,360,000
8,360,000
8,360,000
8,360,000
8,360,000
8,360,000
8,360,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,918,000
provisions
1,684,000
2,775,000
total long term liabilities
1,684,000
2,775,000
7,483,000
6,868,000
18,626,000
22,506,000
31,522,000
20,586,000
24,535,000
8,948,000
20,484,000
18,462,000
14,355,000
18,582,000
total liabilities
177,948,000
83,582,000
51,176,000
25,580,000
43,342,000
44,322,000
50,913,000
59,420,000
118,990,000
141,789,000
173,916,000
207,423,000
175,720,000
179,765,000
net assets
134,656,000
147,945,000
136,273,000
154,965,000
163,287,000
183,695,000
229,295,000
389,036,000
366,886,000
329,641,000
185,146,000
147,779,000
118,304,000
99,969,000
total shareholders funds
134,656,000
147,945,000
136,273,000
154,965,000
163,287,000
183,695,000
229,295,000
389,036,000
366,886,000
329,641,000
185,146,000
147,779,000
118,304,000
99,969,000
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
-3,318,000
-618,000
-12,648,000
-13,890,000
-16,224,000
-35,284,000
18,755,000
29,021,000
55,179,000
80,897,000
48,772,000
40,210,000
20,679,000
-43,165,000
Depreciation
144,000
46,000
146,000
182,000
75,000
131,000
253,000
431,000
539,000
603,000
560,000
432,000
795,000
1,916,000
Amortisation
5,000
5,000
4,000
Tax
-1,481,000
-1,061,000
-862,000
-978,000
1,283,000
-14,760,000
-6,365,000
-6,861,000
-13,210,000
19,926,000
-12,597,000
-13,787,000
-11,275,000
-22,794,000
Stock
-466,000
466,000
Debtors
77,281,000
25,357,000
6,451,000
36,011,000
11,255,000
-7,166,000
-12,223,000
10,751,000
-71,846,000
-123,815,000
-1,695,000
58,771,000
-8,692,000
194,460,000
Creditors
8,671,000
-1,490,000
489,000
976,000
-1,598,000
1,381,000
-423,000
-481,000
-5,711,000
3,646,000
-258,000
1,555,000
594,000
1,573,000
Accruals and Deferred Income
-8,320,000
25,681,000
8,560,000
-6,284,000
-4,163,000
1,378,000
-15,199,000
-52,500,000
634,000
-7,709,000
-5,922,000
56,564,000
-995,000
42,333,000
Deferred Taxes & Provisions
-1,091,000
2,775,000
Cash flow from operations
-82,676,000
-24,000
-10,766,000
-56,005,000
-31,882,000
-39,988,000
9,244,000
-41,141,000
109,277,000
221,178,000
32,250,000
26,674,000
18,029,000
-214,593,000
Investing Activities
capital expenditure
-1,263,000
-4,000
13,000
-290,000
-4,000
145,000
-19,000
-18,000
-41,000
-479,000
-331,000
-1,228,000
981,000
-4,934,000
Change in Investments
-5,421,000
17,078,000
-3,000
-146,741,000
-88,000
178,387,000
8,972,000
9,191,000
9,064,000
35,324,000
cash flow from investments
4,158,000
-17,082,000
13,000
-290,000
-1,000
145,000
146,722,000
-18,000
47,000
-178,866,000
-9,303,000
-10,419,000
-8,083,000
-40,258,000
Financing Activities
Bank loans
Group/Directors Accounts
95,106,000
12,923,000
15,932,000
-696,000
8,661,000
-334,000
-3,738,000
-2,717,000
-33,315,000
-16,528,000
-29,349,000
-30,523,000
583,000
117,277,000
Other Short Term Loans
-83,000
77,000
6,000
Long term loans
-8,360,000
8,360,000
-8,360,000
8,360,000
Hire Purchase and Lease Commitments
other long term liabilities
-1,918,000
1,918,000
share issue
-10,304,000
13,549,000
-5,000,000
6,711,000
-5,288,000
4,585,000
15,603,000
1,398,000
-4,313,000
38,585,000
-6,873,000
-6,054,000
-848,000
159,096,000
interest
1,814,000
-198,000
-182,000
-165,000
112,000
409,000
711,000
76,000
-411,000
5,087,000
8,039,000
7,584,000
7,785,000
7,103,000
cash flow from financing
86,616,000
26,274,000
10,750,000
5,850,000
-4,875,000
4,660,000
12,493,000
-1,166,000
-29,673,000
18,784,000
-28,183,000
-28,993,000
5,602,000
293,754,000
cash and cash equivalents
cash
8,098,000
1,685,000
612,000
-57,215,000
-32,447,000
-28,835,000
-8,495,000
-41,204,000
95,410,000
37,860,000
8,913,000
5,273,000
20,578,000
503,000
overdraft
change in cash
8,098,000
1,685,000
612,000
-57,215,000
-32,447,000
-28,835,000
-8,495,000
-41,204,000
95,410,000
37,860,000
8,913,000
5,273,000
20,578,000
503,000
mcdermott energy solutions (uk) limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mcdermott energy solutions (uk) limited. Get real-time insights into mcdermott energy solutions (uk) limited's credit score, group structure and payment trends.
Mcdermott Energy Solutions (uk) Limited Competitor Analysis
Perform a competitor analysis for mcdermott energy solutions (uk) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in W 4 area or any other competitors across 12 key performance metrics.
mcdermott energy solutions (uk) limited Ownership
MCDERMOTT ENERGY SOLUTIONS (UK) LIMITED group structure
Mcdermott Energy Solutions (Uk) Limited has 2 subsidiary companies.
MCDERMOTT ENERGY SOLUTIONS (UK) LIMITED Shareholders
The sole shareholder of Mcdermott Energy Solutions (Uk) Limited is Chicago Bridge & Iron Company (Netherlands) Llc.
chicago bridge & iron company (netherlands) llc
100%
mcdermott energy solutions (uk) limited directors
Mcdermott Energy Solutions (Uk) Limited currently has 3 directors.
The longest serving directors include
Mr Ashok Joshi (Oct 2018) and
Mr Barry Van Elven (Jun 2023).
mcdermott energy solutions (uk) limited company details
company number
04438080
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
71121 - Engineering design activities for industrial process and production
incorporation date
May 2002
age
23
incorporated
UK
ultimate parent company
MCDERMOTT INTERNATIONAL INC
accounts
Full Accounts
last accounts submitted
December 2022
previous names
cb&i uk limited (February 2025)
cb&i john brown limited (June 2006)
See more
accountant
-
auditor
ERNST & YOUNG LLP
address
building 3, 566 chiswick high road, chiswick, london, W4 5YA
Bank
-
Legal Advisor
-
mcdermott energy solutions (uk) 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 17 charges/mortgages relating to mcdermott energy solutions (uk) limited. Currently there are 14 open charges and 3 have been satisfied in the past.
mcdermott energy solutions (uk) limited 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.
Click to start generating capital raising & share issue transactions for MCDERMOTT ENERGY SOLUTIONS (UK) LIMITED. This can take several minutes, an email will notify you when this has completed.
mcdermott energy solutions (uk) limitedCompanies House Filings - See Documents
