mclaren life limited
mclaren life limited Company Information
Company Number
07377477
Website
http://hkbea.co.ukRegistered Address
29th floor 40 bank street, london, E14 5NR
Industry
Development of building projects
Telephone
02071018810
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
mclaren property ltd 50%
life property ltd 50%
mclaren life limited Estimated Valuation
Pomanda estimates the enterprise value of MCLAREN LIFE LIMITED at £0 based on a Turnover of £115.2k and -0.06x industry multiple (adjusted for size and gross margin).
mclaren life limited Estimated Valuation
Pomanda estimates the enterprise value of MCLAREN LIFE LIMITED at £25.2k based on an EBITDA of £-58.2k and a -0.43x industry multiple (adjusted for size and gross margin).
mclaren life limited Estimated Valuation
Pomanda estimates the enterprise value of MCLAREN LIFE LIMITED at £0 based on Net Assets of £-28.7k and 1.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mclaren Life Limited Overview
Mclaren Life Limited is a dissolved company that was located in london, E14 5NR with a Companies House number of 07377477. It operated in the development of building projects sector, SIC Code 41100. Founded in September 2010, it's largest shareholder was mclaren property ltd with a 50% stake. The last turnover for Mclaren Life Limited was estimated at £115.2k.
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Mclaren Life Limited Health Check
Pomanda's financial health check has awarded Mclaren Life Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £115.2k, make it smaller than the average company (£2m)
£115.2k - Mclaren Life Limited
£2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mclaren Life Limited
- - Industry AVG
Production
with a gross margin of -34.2%, this company has a higher cost of product (22.6%)
-34.2% - Mclaren Life Limited
22.6% - Industry AVG
Profitability
an operating margin of -50.5% make it less profitable than the average company (8.9%)
-50.5% - Mclaren Life Limited
8.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Mclaren Life Limited
6 - Industry AVG
Pay Structure
on an average salary of £44.6k, the company has an equivalent pay structure (£44.6k)
- Mclaren Life Limited
£44.6k - Industry AVG
Efficiency
resulting in sales per employee of £115.2k, this is less efficient (£270.3k)
- Mclaren Life Limited
£270.3k - Industry AVG
Debtor Days
it gets paid by customers after 95 days, this is later than average (34 days)
95 days - Mclaren Life Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (31 days)
19 days - Mclaren Life Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mclaren Life Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 17 weeks, this is more cash available to meet short term requirements (13 weeks)
17 weeks - Mclaren Life Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.2%, this is a higher level of debt than the average (76.6%)
112.2% - Mclaren Life Limited
76.6% - Industry AVG
MCLAREN LIFE LIMITED financials
Mclaren Life Limited's latest turnover from July 2021 is £115.2 thousand and the company has net assets of -£28.7 thousand. According to their latest financial statements, we estimate that Mclaren Life Limited has 1 employee and maintains cash reserves of £90.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 115,190 | 56,875 | 5,617 | -312,426 | 11,674,133 | 11,225,867 | 0 | 0 | 9,500,000 | 7,427,717 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 154,624 | 22,113 | 36,388 | 613,808 | 12,574,456 | 11,313,683 | 0 | 650,000 | 8,310,293 | 6,584,643 | |
| Gross Profit | -39,434 | 34,762 | -30,771 | -926,234 | -900,323 | -87,816 | 0 | -650,000 | 1,189,707 | 843,074 | |
| Admin Expenses | 18,730 | 2,619 | -18,435 | 4,717 | 591,840 | 81,311 | |||||
| Operating Profit | -58,164 | 32,143 | -12,336 | -654,717 | 597,867 | 761,763 | |||||
| Interest Payable | 223 | 164 | 194 | 208 | 78 | 0 | 0 | 37 | 596,871 | 774,805 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,569 | 0 | |
| Pre-Tax Profit | -58,387 | 31,979 | -12,530 | -929,313 | -952,378 | -93,779 | -8,173 | -654,754 | 5,565 | -13,042 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,113 | -1,113 | 0 | |
| Profit After Tax | -58,387 | 31,979 | -12,530 | -929,313 | -952,378 | -93,779 | -8,173 | -653,641 | 4,452 | -13,042 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | -58,387 | 31,979 | -12,530 | -929,313 | -952,378 | -93,779 | -8,173 | -653,641 | 4,452 | -13,042 | |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Number Of Employees | 5 | 4 | 5 | 5 | 5 | ||||||
| EBITDA* | -58,164 | 32,143 | -12,336 | -654,717 | 597,867 | 761,763 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 650,000 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 650,000 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 1,593,758 | 6,770,723 | 5,384,981 | 3,916,317 | 9,201,107 | 7,606,355 |
| Trade Debtors | 30,000 | 0 | 58,800 | 127,200 | 0 | 0 | 0 | 0 | 0 | 0 | 189,818 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 13,500 | 13,500 | 0 | 0 | 0 |
| Misc Debtors | 114,588 | 235,829 | 189,376 | 315,019 | 4,546,968 | 1,070,587 | 127,582 | 131,823 | 254,684 | 283,494 | 0 |
| Cash | 90,891 | 35,397 | 20,260 | 640,750 | 397,660 | 512,906 | 15,867 | 237,036 | 470,536 | 2,782,439 | 148,446 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 235,479 | 271,226 | 268,436 | 1,082,969 | 4,944,628 | 3,177,251 | 6,927,672 | 5,767,340 | 4,641,537 | 12,267,040 | 7,944,619 |
| total assets | 235,479 | 271,226 | 268,436 | 1,082,969 | 4,944,628 | 3,177,251 | 6,927,672 | 5,767,340 | 5,291,537 | 12,267,040 | 7,944,619 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 1,352,794 | 1,500,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 8,387 | 9,685 | 187,554 | 89,507 | 994,896 | 329,231 | 112,058 | 2,117 | 167,553 | 129,850 | 938,177 |
| Group/Directors Accounts | 50,000 | 26,667 | 0 | 0 | 38,520 | 2,426,036 | 3,712,764 | 3,065,043 | 1,913,459 | 4,770,376 | 0 |
| other short term finances | 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 |
| other current liabilities | 205,744 | 205,139 | 83,126 | 983,176 | 2,971,613 | 1,343,001 | 2,577,294 | 2,019,245 | 1,875,949 | 1,476,307 | 0 |
| total current liabilities | 264,131 | 241,491 | 270,680 | 1,072,683 | 4,005,029 | 4,098,268 | 7,754,910 | 6,586,405 | 3,956,961 | 6,376,533 | 938,177 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,500,000 | 6,060,383 | 3,500,000 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,663,276 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,500,000 | 6,060,383 | 7,163,276 |
| total liabilities | 264,131 | 241,491 | 270,680 | 1,072,683 | 4,005,029 | 4,098,268 | 7,754,910 | 6,586,405 | 5,456,961 | 12,436,916 | 8,101,453 |
| net assets | -28,652 | 29,735 | -2,244 | 10,286 | 939,599 | -921,017 | -827,238 | -819,065 | -165,424 | -169,876 | -156,834 |
| total shareholders funds | -28,652 | 29,735 | -2,244 | 10,286 | 939,599 | -921,017 | -827,238 | -819,065 | -165,424 | -169,876 | -156,834 |
| Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | -58,164 | 32,143 | -12,336 | -654,717 | 597,867 | 761,763 | |||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,113 | -1,113 | 0 | |
| Stock | 0 | 0 | 0 | 0 | -1,593,758 | -5,176,965 | 1,385,742 | 1,468,664 | -5,284,790 | 1,594,752 | 7,606,355 |
| Debtors | -91,241 | -12,347 | -194,043 | -4,104,749 | 3,476,381 | 929,505 | -4,241 | -759,361 | 621,190 | 93,676 | 189,818 |
| Creditors | -1,298 | -177,869 | 98,047 | -905,389 | 665,665 | 217,173 | 109,941 | -165,436 | 37,703 | -808,327 | 938,177 |
| Accruals and Deferred Income | 605 | 122,013 | -900,050 | -1,988,437 | 1,628,612 | -1,234,293 | 558,049 | 143,296 | 399,642 | 1,476,307 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 32,384 | -11,366 | -620,296 | -1,385,047 | 5,697,699 | -258,685 | |||||
| Investing Activities | |||||||||||
| capital expenditure | 0 | 0 | 0 | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | ||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 23,333 | 26,667 | 0 | -38,520 | -2,387,516 | -1,286,728 | 647,721 | 1,151,584 | -2,856,917 | 4,770,376 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,500,000 | -4,560,383 | 2,560,383 | 3,500,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,663,276 | 3,663,276 |
| share issue | |||||||||||
| interest | -223 | -164 | -194 | -208 | -78 | 0 | 0 | -37 | -592,302 | -774,805 | |
| cash flow from financing | 23,110 | 26,503 | -194 | -38,728 | 425,400 | -1,286,728 | 647,721 | -348,453 | -8,009,602 | 2,892,678 | |
| cash and cash equivalents | |||||||||||
| cash | 55,494 | 15,137 | -620,490 | 243,090 | -115,246 | 497,039 | -221,169 | -233,500 | -2,311,903 | 2,633,993 | 148,446 |
| overdraft | 0 | 0 | 0 | 0 | 0 | -1,352,794 | -147,206 | 1,500,000 | 0 | 0 | 0 |
| change in cash | 55,494 | 15,137 | -620,490 | 243,090 | -115,246 | 1,849,833 | -73,963 | -1,733,500 | -2,311,903 | 2,633,993 | 148,446 |
mclaren life limited Credit Report and Business Information
Mclaren Life Limited Competitor Analysis
Perform a competitor analysis for mclaren life limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other undefined companies, companies in E14 area or any other competitors across 12 key performance metrics.
mclaren life limited Ownership
MCLAREN LIFE LIMITED group structure
Mclaren Life Limited has no subsidiary companies.
Ultimate parent company
MCLAREN LIFE LIMITED
07377477
mclaren life limited directors
Mclaren Life Limited currently has 3 directors. The longest serving directors include Mr John Gatley (Sep 2010) and Mr Simon Berry (Sep 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Gatley | United Kingdom | 60 years | Sep 2010 | - | Director |
| Mr Simon Berry | United Kingdom | 58 years | Sep 2010 | - | Director |
| Mr Craig Young | United Kingdom | 50 years | Mar 2018 | - | Director |
P&L
July 2021turnover
115.2k
+103%
operating profit
-58.2k
-281%
gross margin
-34.2%
-156.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2021net assets
-28.7k
-1.96%
total assets
235.5k
-0.13%
cash
90.9k
+1.57%
net assets
Total assets minus all liabilities
Similar Companies
mclaren life limited company details
company number
07377477
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
September 2010
age
14
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
July 2021
previous names
N/A
accountant
-
auditor
BDO LLP
address
29th floor 40 bank street, london, E14 5NR
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
mclaren life 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 10 charges/mortgages relating to mclaren life limited. Currently there are 0 open charges and 10 have been satisfied in the past.
mclaren life limited Companies House Filings - See Documents
| date | description | view/download |
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