mcaleer & rushe contracts uk limited
mcaleer & rushe contracts uk limited Company Information
Company Number
07512356
Website
www.mcaleer-rushe.co.ukRegistered Address
161 drury lane, london, WC2B 5PN
Industry
Development of building projects
Telephone
02072244900
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mcaleer & rushe construction contracts uk ltd 100%
mcaleer & rushe contracts uk limited Estimated Valuation
Pomanda estimates the enterprise value of MCALEER & RUSHE CONTRACTS UK LIMITED at £257.3m based on a Turnover of £404.3m and 0.64x industry multiple (adjusted for size and gross margin).
mcaleer & rushe contracts uk limited Estimated Valuation
Pomanda estimates the enterprise value of MCALEER & RUSHE CONTRACTS UK LIMITED at £56.5m based on an EBITDA of £11.8m and a 4.77x industry multiple (adjusted for size and gross margin).
mcaleer & rushe contracts uk limited Estimated Valuation
Pomanda estimates the enterprise value of MCALEER & RUSHE CONTRACTS UK LIMITED at £74.7m based on Net Assets of £57.3m and 1.31x industry multiple (adjusted for liquidity).
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Mcaleer & Rushe Contracts Uk Limited Overview
Mcaleer & Rushe Contracts Uk Limited is a live company located in london, WC2B 5PN with a Companies House number of 07512356. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2011, it's largest shareholder is mcaleer & rushe construction contracts uk ltd with a 100% stake. Mcaleer & Rushe Contracts Uk Limited is a established, mega sized company, Pomanda has estimated its turnover at £404.3m with healthy growth in recent years.
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Mcaleer & Rushe Contracts Uk Limited Health Check
Pomanda's financial health check has awarded Mcaleer & Rushe Contracts Uk Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 5 areas for improvement. Company Health Check FAQs
6 Strong
0 Regular
5 Weak
Size
annual sales of £404.3m, make it larger than the average company (£2.3m)
£404.3m - Mcaleer & Rushe Contracts Uk Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (1.7%)
6% - Mcaleer & Rushe Contracts Uk Limited
1.7% - Industry AVG
Production
with a gross margin of 7.4%, this company has a higher cost of product (25.8%)
7.4% - Mcaleer & Rushe Contracts Uk Limited
25.8% - Industry AVG
Profitability
an operating margin of 2.9% make it less profitable than the average company (9.7%)
2.9% - Mcaleer & Rushe Contracts Uk Limited
9.7% - Industry AVG
Employees
with 372 employees, this is above the industry average (6)
372 - Mcaleer & Rushe Contracts Uk Limited
6 - Industry AVG
Pay Structure
on an average salary of £72.8k, the company has a higher pay structure (£48.1k)
£72.8k - Mcaleer & Rushe Contracts Uk Limited
£48.1k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£286.8k)
£1.1m - Mcaleer & Rushe Contracts Uk Limited
£286.8k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (30 days)
62 days - Mcaleer & Rushe Contracts Uk Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (30 days)
6 days - Mcaleer & Rushe Contracts Uk Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mcaleer & Rushe Contracts Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (13 weeks)
33 weeks - Mcaleer & Rushe Contracts Uk Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 54.8%, this is a lower level of debt than the average (75.1%)
54.8% - Mcaleer & Rushe Contracts Uk Limited
75.1% - Industry AVG
mcaleer & rushe contracts uk limited Credit Report and Business Information
Mcaleer & Rushe Contracts Uk Limited Competitor Analysis
Perform a competitor analysis for mcaleer & rushe contracts uk limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mcaleer & rushe contracts uk limited Ownership
MCALEER & RUSHE CONTRACTS UK LIMITED group structure
Mcaleer & Rushe Contracts Uk Limited has no subsidiary companies.
Ultimate parent company
2 parents
MCALEER & RUSHE CONTRACTS UK LIMITED
07512356
mcaleer & rushe contracts uk limited directors
Mcaleer & Rushe Contracts Uk Limited currently has 12 directors. The longest serving directors include Mr Seamus McAleer (Apr 2011) and Mr Eamonn Laverty (Apr 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Seamus McAleer | 82 years | Apr 2011 | - | Director | |
| Mr Eamonn Laverty | 71 years | Apr 2011 | - | Director | |
| Mr Eamon Higgins | Northern Ireland | 55 years | Feb 2012 | - | Director |
| Mrs Mary Laverty | Northern Ireland | 71 years | Feb 2012 | - | Director |
| Mr Stephen Surphlis | United Kingdom | 53 years | Feb 2012 | - | Director |
| Mr Martin Magee | United Kingdom | 56 years | Feb 2012 | - | Director |
| Mrs Emelda O'Neill | Northern Ireland | 52 years | Jun 2020 | - | Director |
| Mr Shane McCullagh | Northern Ireland | 46 years | Nov 2022 | - | Director |
| Mr Emmett McGinley | Northern Ireland | 48 years | Nov 2022 | - | Director |
| Mr Mark Diamond | Northern Ireland | 43 years | Nov 2022 | - | Director |
MCALEER & RUSHE CONTRACTS UK LIMITED financials
Mcaleer & Rushe Contracts Uk Limited's latest turnover from December 2022 is £404.3 million and the company has net assets of £57.3 million. According to their latest financial statements, Mcaleer & Rushe Contracts Uk Limited has 372 employees and maintains cash reserves of £45.1 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 404,348,094 | 400,534,068 | 290,053,827 | 340,403,629 | 395,167,485 | 334,072,630 | 242,880,890 | 180,023,203 | 104,018,510 | 54,424,386 | 8,444,087 | |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cost Of Sales | 374,464,556 | 369,368,193 | 267,856,948 | 309,703,037 | 361,854,758 | 308,896,385 | 222,508,678 | 167,211,044 | 96,488,420 | 49,555,888 | 7,911,147 | |
| Gross Profit | 29,883,538 | 31,165,875 | 22,196,879 | 30,700,592 | 33,312,727 | 25,176,245 | 20,372,212 | 12,812,159 | 7,530,090 | 4,868,498 | 532,940 | |
| Admin Expenses | 18,196,521 | 16,258,182 | 13,831,242 | 17,202,028 | 16,659,468 | 11,920,016 | 10,376,603 | 7,762,341 | 4,542,798 | 2,718,532 | 284,821 | |
| Operating Profit | 11,687,017 | 14,907,693 | 8,365,637 | 13,498,564 | 16,653,259 | 13,256,229 | 9,995,609 | 5,049,818 | 2,987,292 | 2,149,966 | 248,119 | |
| Interest Payable | 69,421 | 32,078 | 28,344 | 36,160 | 0 | 6,063 | 28,418 | 11,031 | 6,992 | 526 | 113 | |
| Interest Receivable | 483,446 | 144,304 | 347,234 | 278,349 | 124,123 | 136,291 | 63,261 | 21,264 | 28,213 | 16,644 | 28,334 | |
| Pre-Tax Profit | 12,101,042 | 15,019,919 | 8,684,527 | 13,740,753 | 16,777,382 | 13,386,457 | 10,030,452 | 5,060,051 | 3,008,513 | 2,166,084 | 276,320 | |
| Tax | -1,995,201 | -2,137,993 | -1,722,665 | -2,242,250 | -1,949,227 | -2,677,037 | -2,003,150 | -1,027,986 | -645,834 | -507,367 | -66,317 | |
| Profit After Tax | 10,105,841 | 12,881,926 | 6,961,862 | 11,498,503 | 14,828,155 | 10,709,420 | 8,027,302 | 4,032,065 | 2,362,679 | 1,658,717 | 210,003 | |
| Dividends Paid | 10,000,000 | 10,000,000 | 4,000,000 | 8,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 105,841 | 2,881,926 | 2,961,862 | 3,498,503 | 14,828,155 | 10,709,420 | 8,027,302 | 4,032,065 | 2,362,679 | 1,658,717 | 210,003 | |
| Employee Costs | 27,063,644 | 24,339,796 | 21,123,483 | 23,254,547 | 22,566,750 | 18,615,093 | 13,606,564 | 10,674,382 | 5,923,453 | 3,351,012 | ||
| Number Of Employees | 372 | 359 | 328 | 340 | 332 | 300 | 271 | 209 | 165 | |||
| EBITDA* | 11,847,472 | 15,088,936 | 8,557,301 | 13,633,505 | 16,727,761 | 13,324,775 | 10,047,410 | 5,062,707 | 2,987,292 | 2,149,966 | 248,119 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 11,252,509 | 11,288,305 | 402,910 | 550,897 | 112,102 | 145,164 | 189,175 | 127,291 | 0 | 0 | 0 | 0 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,252,509 | 11,288,305 | 402,910 | 550,897 | 112,102 | 145,164 | 189,175 | 127,291 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 68,775,305 | 81,637,185 | 59,420,149 | 55,652,391 | 56,402,031 | 61,699,766 | 48,656,860 | 16,300,217 | 26,323,981 | 7,523,170 | 4,674,546 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,702,154 | 3,208,524 | 6,209,597 | 6,428,351 | 4,551,216 | 9,022,077 | 2,478,333 | 10,915,650 | 851,940 | 177,817 | 587,809 | 0 |
| Cash | 45,086,087 | 48,527,254 | 65,047,986 | 63,273,291 | 59,363,127 | 47,357,147 | 45,264,953 | 25,454,618 | 11,085,335 | 8,592,669 | 1,218,011 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 115,563,546 | 133,372,963 | 130,677,732 | 125,354,033 | 120,316,374 | 118,078,990 | 96,400,146 | 52,670,485 | 38,261,256 | 16,293,656 | 6,480,366 | 0 |
| total assets | 126,816,055 | 144,661,268 | 131,080,642 | 125,904,930 | 120,428,476 | 118,224,154 | 96,589,321 | 52,797,776 | 38,261,256 | 16,293,656 | 6,480,366 | 0 |
| Bank overdraft | 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 |
| Trade Creditors | 6,896,360 | 7,117,603 | 4,879,726 | 8,119,451 | 9,713,238 | 10,153,407 | 9,044,978 | 11,537,961 | 9,678,974 | 4,328,216 | 2,293,638 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 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 |
| other current liabilities | 62,635,746 | 83,330,562 | 74,847,373 | 69,363,368 | 65,879,398 | 78,057,654 | 68,242,892 | 29,980,792 | 21,350,883 | 7,096,720 | 976,725 | 0 |
| total current liabilities | 69,532,106 | 90,448,165 | 79,727,099 | 77,482,819 | 75,592,636 | 88,211,061 | 77,287,870 | 41,518,753 | 31,029,857 | 11,424,936 | 3,270,363 | 0 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 7,476 | 42,471 | 64,837 | 95,267 | 7,499 | 12,907 | 10,685 | 15,559 | 0 | 0 | 0 | 0 |
| total long term liabilities | 7,476 | 42,471 | 64,837 | 95,267 | 7,499 | 12,907 | 10,685 | 15,559 | 0 | 0 | 0 | 0 |
| total liabilities | 69,539,582 | 90,490,636 | 79,791,936 | 77,578,086 | 75,600,135 | 88,223,968 | 77,298,555 | 41,534,312 | 31,029,857 | 11,424,936 | 3,270,363 | 0 |
| net assets | 57,276,473 | 54,170,632 | 51,288,706 | 48,326,844 | 44,828,341 | 30,000,186 | 19,290,766 | 11,263,464 | 7,231,399 | 4,868,720 | 3,210,003 | 0 |
| total shareholders funds | 57,276,473 | 54,170,632 | 51,288,706 | 48,326,844 | 44,828,341 | 30,000,186 | 19,290,766 | 11,263,464 | 7,231,399 | 4,868,720 | 3,210,003 | 0 |
| 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 | 11,687,017 | 14,907,693 | 8,365,637 | 13,498,564 | 16,653,259 | 13,256,229 | 9,995,609 | 5,049,818 | 2,987,292 | 2,149,966 | 248,119 | |
| Depreciation | 160,455 | 181,243 | 191,664 | 134,941 | 74,502 | 68,546 | 51,801 | 12,889 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | -1,995,201 | -2,137,993 | -1,722,665 | -2,242,250 | -1,949,227 | -2,677,037 | -2,003,150 | -1,027,986 | -645,834 | -507,367 | -66,317 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -14,368,250 | 19,215,963 | 3,549,004 | 1,127,495 | -9,768,596 | 19,586,650 | 23,919,326 | 39,946 | 19,474,934 | 2,438,632 | 5,262,355 | 0 |
| Creditors | -221,243 | 2,237,877 | -3,239,725 | -1,593,787 | -440,169 | 1,108,429 | -2,492,983 | 1,858,987 | 5,350,758 | 2,034,578 | 2,293,638 | 0 |
| Accruals and Deferred Income | -20,694,816 | 8,483,189 | 5,484,005 | 3,483,970 | -12,178,256 | 9,814,762 | 38,262,100 | 8,629,909 | 14,254,163 | 6,119,995 | 976,725 | 0 |
| Deferred Taxes & Provisions | -34,995 | -22,366 | -30,430 | 87,768 | -5,408 | 2,222 | -4,874 | 15,559 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 3,269,467 | 4,433,680 | 5,499,482 | 12,241,711 | 11,923,297 | 1,986,501 | 19,889,177 | 14,499,230 | 2,471,445 | 7,358,540 | -1,810,190 | |
| Investing Activities | ||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | -41,440 | -23,910 | -113,685 | -140,180 | 0 | 0 | 0 | |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | -41,440 | -23,910 | -113,685 | -140,180 | 0 | 0 | 0 | |
| Financing Activities | ||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 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 | ||||||||||||
| interest | 414,025 | 112,226 | 318,890 | 242,189 | 124,123 | 130,228 | 34,843 | 10,233 | 21,221 | 16,118 | 28,221 | |
| cash flow from financing | 3,414,025 | 112,226 | 318,890 | 242,189 | 124,123 | 130,228 | 34,843 | 10,233 | 21,221 | 16,118 | 3,028,221 | |
| cash and cash equivalents | ||||||||||||
| cash | -3,441,167 | -16,520,732 | 1,774,695 | 3,910,164 | 12,005,980 | 2,092,194 | 19,810,335 | 14,369,283 | 2,492,666 | 7,374,658 | 1,218,011 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -3,441,167 | -16,520,732 | 1,774,695 | 3,910,164 | 12,005,980 | 2,092,194 | 19,810,335 | 14,369,283 | 2,492,666 | 7,374,658 | 1,218,011 | 0 |
P&L
December 2022turnover
404.3m
+1%
operating profit
11.7m
-22%
gross margin
7.4%
-5.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
57.3m
+0.06%
total assets
126.8m
-0.12%
cash
45.1m
-0.07%
net assets
Total assets minus all liabilities
mcaleer & rushe contracts uk limited company details
company number
07512356
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
February 2011
age
13
accounts
Full Accounts
ultimate parent company
previous names
timec 1305 limited (May 2012)
incorporated
UK
address
161 drury lane, london, WC2B 5PN
last accounts submitted
December 2022
mcaleer & rushe contracts 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 3 charges/mortgages relating to mcaleer & rushe contracts uk limited. Currently there are 1 open charges and 2 have been satisfied in the past.
mcaleer & rushe contracts uk limited Companies House Filings - See Documents
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