Mcg Construction Logistics Limited

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mcg construction logistics limited Company Information

Live

EstablishedMidHealthy

Company Number

07479168

Website

www.mcginleylogistics.co.uk

Registered Address

56 clarendon road, watford, hertfordshire, WD17 1DA

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

Telephone

03300241342

Next Accounts Due

September 2024

Group Structure

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Directors

Brian McBrearty4 Years

James Henderson3 Years

View All

Shareholders

mcginley group holdings 100%

mcg construction logistics limited Estimated Valuation

£0 - £3.7m

The estimated valuation range for mcg construction logistics limited, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £3.7m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Mcg Construction Logistics Limited AI Business Plan

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Mcg Construction Logistics Limited is a live company located in hertfordshire, WD17 1DA with a Companies House number of 07479168. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in December 2010, it's largest shareholder is mcginley group holdings with a 100% stake. Mcg Construction Logistics Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.2m with healthy growth in recent years.

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Pomanda's financial health check has awarded Mcg Construction Logistics Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

4 Strong

2 Regular

5 Weak

Size

annual sales of £8.2m, make it larger than the average company (£6.2m)

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (4.5%)

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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MCG CONSTRUCTION LOGISTICS LIMITED group structure

Mcg Construction Logistics Limited has no subsidiary companies.

Ultimate parent company

THE MCG GROUP HOLDINGS LIMITED

11811735

1 parent

MCG CONSTRUCTION LOGISTICS LIMITED

07479168

MCG CONSTRUCTION LOGISTICS LIMITED Shareholders

mcginley group holdings

100%

Mcg Construction Logistics Limited currently has 5 directors. The longest serving directors include Mr Brian McBrearty (Jan 2020) and Mr James Henderson (Sep 2020).

officer	country	age	start	end	role
Mr Brian McBrearty		49 years	Jan 2020	-	Director
Mr James Henderson	Scotland	46 years	Sep 2020	-	Director
Mr Daniel Ruscoe		35 years	Mar 2023	-	Director
Mr Ford Garrard		41 years	Jul 2023	-	Director
Mr Ian Langley	United Kingdom	62 years	Jan 2024	-	Director

EXPORT

Mcg Construction Logistics Limited's latest turnover from December 2022 is estimated at £8.2 million and the company has net assets of -£190.4 thousand. According to their latest financial statements, Mcg Construction Logistics Limited has 15 employees and maintains cash reserves of £68.3 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
Turnover	8,241,684	7,554,173	8,250,981	6,013,974	3,366,596	2,892,283	1,347,355	302,019	3,838,167
Other Income Or Grants	0	0	0	0	0	0	0	0	0
Cost Of Sales	6,253,732	5,814,519	6,344,760	4,573,948	2,541,594	2,172,303	1,005,903	227,782	2,929,647
Gross Profit	1,987,951	1,739,654	1,906,221	1,440,026	825,002	719,980	341,452	74,237	908,520
Admin Expenses	2,327,946	1,397,830	2,417,742	681,561	695,355	712,226	325,980	25,433	874,678
Operating Profit	-339,995	341,824	-511,521	758,465	129,647	7,754	15,472	48,804	33,842
Interest Payable	170,479	102,570	93,750	67,871	24,627	0	0	0	0
Interest Receivable	1,229	658	345	619	17	11	0	3	3
Pre-Tax Profit	-509,244	239,912	-604,926	691,214	105,037	7,765	15,473	48,806	33,844
Tax	0	-45,583	0	-131,331	-19,957	-1,475	-3,094	-9,761	-7,107
Profit After Tax	-509,244	194,329	-604,926	559,883	85,080	6,290	12,378	39,045	26,737
Dividends Paid	0	0	0	0	0	0	0	0	0
Retained Profit	-509,244	194,329	-604,926	559,883	85,080	6,290	12,378	39,045	26,737
Employee Costs	680,658	739,216	567,751	528,913	346,971	293,001	328,000	80,301	861,972
Number Of Employees	15	17	13	12	8	7	8	2	22
EBITDA*	-320,904	352,754	-504,571	764,811	135,200	10,689	15,472	48,804	33,842

* 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
Tangible Assets	32,021	33,356	15,902	10,345	7,191	11,259	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0
Total Fixed Assets	32,021	33,356	15,902	10,345	7,191	11,259	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0
Trade Debtors	1,881,564	1,998,154	2,259,582	1,504,869	942,791	900,666	299,991	0	611,095
Group Debtors	641,601	257,173	358,762	144,369	139,949	1,800	0	0	0
Misc Debtors	2,514,179	1,579,941	1,625,690	2,090,788	968,193	474,199	638,455	512,288	0
Cash	68,342	1,894	524,251	165,154	23	4,459	43	0	1,052
misc current assets	0	0	0	0	0	0	0	0	0
total current assets	5,105,686	3,837,162	4,768,285	3,905,180	2,050,956	1,381,124	938,489	512,288	612,147
total assets	5,137,707	3,870,518	4,784,187	3,915,525	2,058,147	1,392,383	938,489	512,288	612,147
Bank overdraft	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0
Trade Creditors	1,059,280	787,044	716,553	630,444	218,978	98,739	97,379	43,191	585,406
Group/Directors Accounts	10	12,534	492,637	5,300	460,999	291,204	665,371	250,434	0
other short term finances	2,099,247	1,489,776	1,792,457	1,281,314	729,686	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0
other current liabilities	2,154,894	1,260,768	1,656,473	1,267,474	477,520	914,316	97,248	152,877	0
total current liabilities	5,313,431	3,550,122	4,658,120	3,184,532	1,887,183	1,304,259	859,998	446,502	585,406
loans	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0
provisions	14,700	1,576	1,576	1,576	1,430	3,670	327	0	0
total long term liabilities	14,700	1,576	1,576	1,576	1,430	3,670	327	0	0
total liabilities	5,328,131	3,551,698	4,659,696	3,186,108	1,888,613	1,307,929	860,325	446,502	585,406
net assets	-190,424	318,820	124,491	729,417	169,534	84,454	78,164	65,786	26,741
total shareholders funds	-190,424	318,820	124,491	729,417	169,534	84,454	78,164	65,786	26,741

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011
Operating Activities
Operating Profit	-339,995	341,824	-511,521	758,465	129,647	7,754	15,472	48,804	33,842	0	0	0
Depreciation	19,091	10,930	6,950	6,346	5,553	2,935	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	-45,583	0	-131,331	-19,957	-1,475	-3,094	-9,761	-7,107	0	0	0
Stock	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	1,202,076	-408,766	504,008	1,689,093	674,268	438,219	426,158	-98,807	611,095	0	0	0
Creditors	272,236	70,491	86,109	411,466	120,239	1,360	54,188	-542,215	585,406	0	0	0
Accruals and Deferred Income	894,126	-395,705	388,999	789,954	-436,796	817,068	-55,629	152,877	0	0	0	0
Deferred Taxes & Provisions	13,124	0	0	146	-2,240	3,343	327	0	0	0	0	0
Cash flow from operations	-343,494	390,723	-533,471	145,953	-877,822	392,766	-414,894	-251,488	1,046	0	0	0
Investing Activities
capital expenditure	-17,756	-28,384	-12,507	-9,500	-1,485	-14,194	0	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	-17,756	-28,384	-12,507	-9,500	-1,485	-14,194	0	0	0	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-12,524	-480,103	487,337	-455,699	169,795	-374,167	414,937	250,434	0	0	0	0
Other Short Term Loans	609,471	-302,681	511,143	551,628	729,686	0	0	0	0	0	0	0
Long term loans	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
other long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0
share issue	0	0	0	0	0	0	0	0	4	0	0	0
interest	-169,250	-101,912	-93,405	-67,252	-24,610	11	0	3	3	0	0	0
cash flow from financing	427,697	-884,696	905,075	28,677	874,871	-374,156	414,937	250,437	7	0	0	0
cash and cash equivalents
cash	66,448	-522,357	359,097	165,131	-4,436	4,416	43	-1,052	1,052	0	0	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	66,448	-522,357	359,097	165,131	-4,436	4,416	43	-1,052	1,052	0	0	0

P&L

December 2022

turnover

8.2m

+9%

operating profit

-340k

gross margin

24.2%

+4.74%

turnover

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

Balance Sheet

December 2022

net assets

-190.4k

-1.6%

total assets

5.1m

+0.33%

cash

68.3k

+35.08%

net assets

Total assets minus all liabilities

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company number

07479168

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

December 2010

age

accounts

Small Company

ultimate parent company

THE MCG GROUP HOLDINGS LIMITED

previous names

mcginley logistics and construction solutions ltd (July 2020)

mit resourcing solutions ltd (July 2013)

incorporated

address

56 clarendon road, watford, hertfordshire, WD17 1DA

last accounts submitted

December 2022

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 7 charges/mortgages relating to mcg construction logistics limited. Currently there are 6 open charges and 1 have been satisfied in the past.

mcg construction logistics limited Company Information

mcg construction logistics limited Estimated Valuation

mcg construction logistics limited Estimated Valuation

mcg construction logistics limited Estimated Valuation

Mcg Construction Logistics Limited AI Business Plan

Mcg Construction Logistics Limited Overview

Mcg Construction Logistics Limited Health Check

mcg construction logistics limited Credit Report and Business Information

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mcg construction logistics limited Ownership

mcg construction logistics limited directors

MCG CONSTRUCTION LOGISTICS LIMITED financials

mcg construction logistics limited company details

mcg construction logistics limited Charges & Mortgages

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