mclaren construction limited
mclaren construction limited Company Information
Company Number
05377750
Registered Address
11th floor 20 churchill place, canary wharf, london, E14 5HJ
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Construction of commercial buildings
Telephone
01277205800
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
mclaren construction group plc 100%
mclaren construction limited Estimated Valuation
Pomanda estimates the enterprise value of MCLAREN CONSTRUCTION LIMITED at £552.7m based on a Turnover of £964.2m and 0.57x industry multiple (adjusted for size and gross margin).
mclaren construction limited Estimated Valuation
Pomanda estimates the enterprise value of MCLAREN CONSTRUCTION LIMITED at £29.3m based on an EBITDA of £5.5m and a 5.34x industry multiple (adjusted for size and gross margin).
mclaren construction limited Estimated Valuation
Pomanda estimates the enterprise value of MCLAREN CONSTRUCTION LIMITED at £44.7m based on Net Assets of £24.3m and 1.84x industry multiple (adjusted for liquidity).
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Mclaren Construction Limited Overview
Mclaren Construction Limited is a live company located in london, E14 5HJ with a Companies House number of 05377750. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in February 2005, it's largest shareholder is mclaren construction group plc with a 100% stake. Mclaren Construction Limited is a established, mega sized company, Pomanda has estimated its turnover at £964.2m with high growth in recent years.
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Mclaren Construction Limited Health Check
Pomanda's financial health check has awarded Mclaren Construction Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
4 Strong
0 Regular
7 Weak
Size
annual sales of £964.2m, make it larger than the average company (£7.6m)
£964.2m - Mclaren Construction Limited
£7.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (6.3%)
22% - Mclaren Construction Limited
6.3% - Industry AVG
Production
with a gross margin of 4.2%, this company has a higher cost of product (19.3%)
4.2% - Mclaren Construction Limited
19.3% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (4.6%)
0.5% - Mclaren Construction Limited
4.6% - Industry AVG
Employees
with 861 employees, this is above the industry average (28)
861 - Mclaren Construction Limited
28 - Industry AVG
Pay Structure
on an average salary of £94.3k, the company has a higher pay structure (£49.4k)
£94.3k - Mclaren Construction Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£261.2k)
£1.1m - Mclaren Construction Limited
£261.2k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (52 days)
64 days - Mclaren Construction Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 31 days, this is quicker than average (39 days)
31 days - Mclaren Construction Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mclaren Construction Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (20 weeks)
14 weeks - Mclaren Construction Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (66.5%)
93.8% - Mclaren Construction Limited
66.5% - Industry AVG
MCLAREN CONSTRUCTION LIMITED financials
Mclaren Construction Limited's latest turnover from July 2023 is £964.2 million and the company has net assets of £24.3 million. According to their latest financial statements, Mclaren Construction Limited has 861 employees and maintains cash reserves of £92.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 964,218,097 | 751,651,818 | 541,038,038 | 525,821,894 | 650,881,828 | 585,592,066 | 600,344,832 | 480,446,934 | 377,944,988 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | -19,406,000 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 923,555,129 | 724,655,087 | 528,621,785 | 491,458,974 | 613,365,582 | 550,240,544 | 566,662,933 | 454,914,982 | 372,310,620 | ||||||
| Gross Profit | 40,662,968 | 26,996,731 | 12,416,253 | 14,956,920 | 37,516,246 | 35,351,522 | 33,681,899 | 25,531,952 | 5,634,368 | ||||||
| Admin Expenses | 35,845,739 | 30,253,149 | 26,364,117 | 29,492,442 | 33,975,418 | 30,793,132 | 29,295,224 | 22,186,480 | 22,599,393 | ||||||
| Operating Profit | 4,817,229 | -3,256,418 | -13,947,864 | -14,535,522 | 3,540,828 | 4,558,390 | 4,386,675 | 3,345,472 | -16,965,025 | ||||||
| Interest Payable | 650,473 | 381,814 | 194,222 | 36,310 | 12,173 | 15,428 | 0 | 20,402 | 4,254 | ||||||
| Interest Receivable | 2,372,907 | 1,369,176 | 1,701,786 | 1,670,251 | 1,550,754 | 1,114,653 | 1,195,861 | 913,396 | 1,443,156 | ||||||
| Pre-Tax Profit | 6,539,663 | -2,269,056 | -12,440,300 | -13,039,572 | 3,289,792 | 3,711,377 | 3,210,985 | 4,489,432 | -15,526,123 | ||||||
| Tax | 64,363 | -225,588 | 3,947,074 | 2,985,020 | -670,997 | -1,499,802 | -2,062,820 | -1,176,915 | 3,689,445 | ||||||
| Profit After Tax | 6,604,026 | -2,494,644 | -8,493,226 | -10,054,552 | 2,618,795 | 2,211,575 | 1,148,165 | 3,312,517 | -11,836,678 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,999,900 | 0 | ||||||
| Retained Profit | 6,604,026 | -2,494,644 | -8,493,226 | -10,054,552 | 2,618,795 | 2,211,575 | 1,148,165 | 1,312,617 | -11,836,678 | ||||||
| Employee Costs | 81,213,731 | 65,794,015 | 58,942,509 | 57,628,909 | 55,460,511 | 52,155,669 | 50,625,279 | 46,372,442 | 41,918,778 | ||||||
| Number Of Employees | 861 | 734 | 664 | 723 | 733 | 691 | 648 | 608 | 579 | ||||||
| EBITDA* | 5,483,672 | -2,452,140 | -13,196,765 | -14,041,658 | 4,108,266 | 5,095,978 | 4,642,466 | 3,497,723 | -16,890,133 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,360,447 | 3,970,812 | 4,155,471 | 4,559,552 | 3,496,730 | 4,187,816 | 3,539,108 | 3,494,048 | 516,539 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 67,742,565 | 22,618,281 | 19,715,465 | 22,239,953 | 12,909,669 | 17,695,466 | 16,568,173 | 13,031,098 | 9,416,493 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 71,103,012 | 26,589,093 | 23,870,936 | 26,799,505 | 16,406,399 | 21,883,282 | 20,107,281 | 16,525,146 | 9,933,032 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 169,194,260 | 183,191,550 | 97,828,838 | 88,141,328 | 131,109,554 | 97,868,971 | 91,016,313 | 74,864,789 | 73,651,263 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 11,967,884 | 35,836 | 33,563 | 31,459 | 179,399 | 8,597,694 | 9,296,886 | 21,850,832 | 30,801,796 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 49,823,469 | 55,995,215 | 50,740,744 | 54,999,721 | 74,114,680 | 55,632,577 | 36,075,174 | 31,096,246 | 18,806,928 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 92,752,413 | 69,233,138 | 43,861,286 | 38,858,606 | 38,872,291 | 21,877,985 | 34,622,016 | 27,922,902 | 34,881,024 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 323,738,026 | 308,455,739 | 192,464,431 | 182,031,114 | 244,275,924 | 183,977,227 | 171,010,389 | 155,734,769 | 158,141,011 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 394,841,038 | 335,044,832 | 216,335,367 | 208,830,619 | 260,682,323 | 205,860,509 | 191,117,670 | 172,259,915 | 168,074,043 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 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 | 0 |
| Trade Creditors | 80,751,441 | 64,303,052 | 11,104,954 | 37,673,370 | 26,059,366 | 23,549,393 | 15,011,485 | 7,526,306 | 15,715,312 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 9,860,096 | 12,333,381 | 7,964,629 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,859,257 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 258,767,878 | 216,576,482 | 165,813,883 | 132,750,938 | 203,245,458 | 164,802,827 | 160,960,941 | 148,557,101 | 117,406,471 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 339,519,319 | 290,739,630 | 189,252,218 | 178,388,937 | 229,304,824 | 188,352,220 | 175,972,426 | 156,083,407 | 145,981,040 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 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 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 27,918,734 | 20,024,122 | 7,086,119 | 9,525,240 | 10,588,963 | 0 | 0 | 2,351,242 | 6,665,450 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 3,081,416 | 13,480,240 | 12,536,637 | 10,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 31,000,150 | 33,504,362 | 19,622,756 | 19,525,240 | 10,588,963 | 0 | 0 | 2,351,242 | 6,665,450 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 370,519,469 | 324,243,992 | 208,874,974 | 197,914,177 | 239,893,787 | 188,352,220 | 175,972,426 | 158,434,649 | 152,646,490 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 24,321,569 | 10,800,840 | 7,460,393 | 10,916,442 | 20,788,536 | 17,508,289 | 15,145,244 | 13,825,266 | 15,427,553 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 24,321,569 | 10,800,840 | 7,460,393 | 10,916,442 | 20,788,536 | 17,508,289 | 15,145,244 | 13,825,266 | 15,427,553 | 0 | 0 | 0 | 0 | 0 | 0 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,817,229 | -3,256,418 | -13,947,864 | -14,535,522 | 3,540,828 | 4,558,390 | 4,386,675 | 3,345,472 | -16,965,025 | ||||||
| Depreciation | 666,443 | 804,278 | 751,099 | 493,864 | 567,438 | 537,588 | 255,791 | 152,251 | 74,892 | ||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Tax | 64,363 | -225,588 | 3,947,074 | 2,985,020 | -670,997 | -1,499,802 | -2,062,820 | -1,176,915 | 3,689,445 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 36,887,296 | 93,522,272 | 2,906,149 | -52,900,841 | 38,518,594 | 26,838,162 | 12,113,581 | 8,166,485 | 132,676,480 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 16,448,389 | 53,198,098 | -26,568,416 | 11,614,004 | 2,509,973 | 8,537,908 | 7,485,179 | -8,189,006 | 15,715,312 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 42,191,396 | 50,762,599 | 33,062,945 | -70,494,520 | 38,442,631 | 3,841,886 | 12,403,840 | 31,150,630 | 117,406,471 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -10,398,824 | 943,603 | 2,536,637 | 10,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 16,901,700 | 8,704,300 | -3,124,674 | -7,036,313 | 5,871,279 | -10,862,192 | 10,355,084 | 17,115,947 | -12,755,385 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -9,860,096 | -2,473,285 | 4,368,752 | 7,964,629 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,859,257 | 12,859,257 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 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 | 0 |
| other long term liabilities | 7,894,612 | 12,938,003 | -2,439,121 | -1,063,723 | 10,588,963 | 0 | -2,351,242 | -4,314,208 | 6,665,450 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 1,722,434 | 987,362 | 1,507,564 | 1,633,941 | 1,538,581 | 1,099,225 | 1,195,861 | 892,994 | 1,438,902 | ||||||
| cash flow from financing | 6,673,653 | 17,287,171 | 8,474,372 | 8,717,305 | 12,788,996 | 1,250,695 | -983,568 | -19,195,375 | 48,227,840 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 23,519,275 | 25,371,852 | 5,002,680 | -13,685 | 16,994,306 | -12,744,031 | 6,699,114 | -6,958,122 | 34,881,024 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 23,519,275 | 25,371,852 | 5,002,680 | -13,685 | 16,994,306 | -12,744,031 | 6,699,114 | -6,958,122 | 34,881,024 | 0 | 0 | 0 | 0 | 0 | 0 |
mclaren construction limited Credit Report and Business Information
Mclaren Construction Limited Competitor Analysis
Perform a competitor analysis for mclaren construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in E14 area or any other competitors across 12 key performance metrics.
mclaren construction limited Ownership
MCLAREN CONSTRUCTION LIMITED group structure
Mclaren Construction Limited has 8 subsidiary companies.
Ultimate parent company
1 parent
MCLAREN CONSTRUCTION LIMITED
05377750
8 subsidiaries
mclaren construction limited directors
Mclaren Construction Limited currently has 2 directors. The longest serving directors include Mr Philip Pringle (Feb 2005) and Mr Maurice Archer (Nov 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Pringle | United Kingdom | 61 years | Feb 2005 | - | Director |
| Mr Maurice Archer | United Kingdom | 60 years | Nov 2015 | - | Director |
P&L
July 2023turnover
964.2m
+28%
operating profit
4.8m
-248%
gross margin
4.3%
+17.42%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
24.3m
+1.25%
total assets
394.8m
+0.18%
cash
92.8m
+0.34%
net assets
Total assets minus all liabilities
mclaren construction limited company details
company number
05377750
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
41201 - Construction of commercial buildings
incorporation date
February 2005
age
19
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
July 2023
previous names
verve construction limited (December 2015)
mclaren constructing limited (April 2012)
accountant
-
auditor
MHA
address
11th floor 20 churchill place, canary wharf, london, E14 5HJ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
mclaren construction 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 6 charges/mortgages relating to mclaren construction limited. Currently there are 0 open charges and 6 have been satisfied in the past.
mclaren construction limited Companies House Filings - See Documents
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