patrick mcgee limited
patrick mcgee limited Company Information
Group Structure
View All
Industry
Activities of insurance agents and brokers
Registered Address
ivy lodge 131a, eltham high street, london, SE9 1TQ
Website
www.jamesphillips.co.ukpatrick mcgee limited Estimated Valuation
Pomanda estimates the enterprise value of PATRICK MCGEE LIMITED at £582.4k based on a Turnover of £597k and 0.98x industry multiple (adjusted for size and gross margin).
patrick mcgee limited Estimated Valuation
Pomanda estimates the enterprise value of PATRICK MCGEE LIMITED at £0 based on an EBITDA of £-62.2k and a 5.93x industry multiple (adjusted for size and gross margin).
patrick mcgee limited Estimated Valuation
Pomanda estimates the enterprise value of PATRICK MCGEE LIMITED at £2.3m based on Net Assets of £1.2m and 1.9x industry multiple (adjusted for liquidity).
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Patrick Mcgee Limited Overview
Patrick Mcgee Limited is a live company located in london, SE9 1TQ with a Companies House number of 07622378. It operates in the activities of insurance agents and brokers sector, SIC Code 66220. Founded in May 2011, it's largest shareholder is patrick mcgee with a 100% stake. Patrick Mcgee Limited is a established, small sized company, Pomanda has estimated its turnover at £597k with low growth in recent years.
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Patrick Mcgee Limited Health Check
Pomanda's financial health check has awarded Patrick Mcgee Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
4 Weak
Size
annual sales of £597k, make it smaller than the average company (£2.6m)
- Patrick Mcgee Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (5.9%)
- Patrick Mcgee Limited
5.9% - Industry AVG
Production
with a gross margin of 96%, this company has a comparable cost of product (96%)
- Patrick Mcgee Limited
96% - Industry AVG
Profitability
an operating margin of -10.5% make it less profitable than the average company (18.9%)
- Patrick Mcgee Limited
18.9% - Industry AVG
Employees
with 6 employees, this is below the industry average (16)
6 - Patrick Mcgee Limited
16 - Industry AVG
Pay Structure
on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)
- Patrick Mcgee Limited
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £99.5k, this is equally as efficient (£113.4k)
- Patrick Mcgee Limited
£113.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Patrick Mcgee Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 127 days, this is close to average (116 days)
- Patrick Mcgee Limited
116 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Patrick Mcgee Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 592 weeks, this is more cash available to meet short term requirements (36 weeks)
592 weeks - Patrick Mcgee Limited
36 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.8%, this is a lower level of debt than the average (61.4%)
1.8% - Patrick Mcgee Limited
61.4% - Industry AVG
PATRICK MCGEE LIMITED financials
Patrick Mcgee Limited's latest turnover from July 2023 is estimated at £597 thousand and the company has net assets of £1.2 million. According to their latest financial statements, Patrick Mcgee Limited has 6 employees and maintains cash reserves of £244.8 thousand 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | ||||||||||||
| Tax | ||||||||||||
| Profit After Tax | ||||||||||||
| Dividends Paid | ||||||||||||
| Retained Profit | ||||||||||||
| Employee Costs | ||||||||||||
| Number Of Employees | 6 | 6 | 6 | 6 | 6 | 5 | 6 | |||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,141 | 1,427 | 1,784 | 2,230 | 2,787 | 2,638 | 3,298 | 1,752 | 2,190 | 2,738 | 514 | 514 |
| Intangible Assets | 0 | 0 | 0 | 47,500 | 95,000 | 142,500 | 190,000 | 237,500 | 285,000 | 406,000 | 464,000 | 522,000 |
| Investments & Other | 750,830 | 750,830 | 750,830 | 735,802 | 735,802 | 735,802 | 195,000 | 175,000 | 175,000 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 751,971 | 752,257 | 752,614 | 785,532 | 833,589 | 880,940 | 388,298 | 414,252 | 462,190 | 408,738 | 464,514 | 522,514 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50,000 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 230,000 | 0 | 3,020 | 13,020 | 0 | 0 | 0 | 897 | 0 | 0 | 0 | 0 |
| Cash | 244,772 | 554,774 | 556,969 | 485,023 | 288,699 | 209,660 | 276,971 | 201,179 | 93,820 | 88,988 | 119,744 | 79,099 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 474,772 | 554,774 | 559,989 | 498,043 | 288,699 | 209,660 | 276,971 | 202,076 | 143,820 | 88,988 | 119,744 | 79,099 |
| total assets | 1,226,743 | 1,307,031 | 1,312,603 | 1,283,575 | 1,122,288 | 1,090,600 | 665,269 | 616,328 | 606,010 | 497,726 | 584,258 | 601,613 |
| 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 | 8,300 | 6,251 | 3,260 | 1 | 1 | 0 | 1 | 0 | 116,571 | 96,615 | 329,947 | 486,801 |
| 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 | 13,197 | 52,990 | 38,563 | 64,197 | 48,168 | 48,121 | 33,196 | 55,601 | 0 | 0 | 0 | 0 |
| total current liabilities | 21,497 | 59,241 | 41,823 | 64,198 | 48,169 | 48,121 | 33,197 | 55,601 | 116,571 | 96,615 | 329,947 | 486,801 |
| loans | 0 | 0 | 60,561 | 78,748 | 96,000 | 177,212 | 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 | 91,000 | 91,000 | 91,000 | 91,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 3,800 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 151,561 | 169,748 | 187,000 | 268,212 | 3,800 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 21,497 | 59,241 | 193,384 | 233,946 | 235,169 | 316,333 | 36,997 | 55,601 | 116,571 | 96,615 | 329,947 | 486,801 |
| net assets | 1,205,246 | 1,247,790 | 1,119,219 | 1,049,629 | 887,119 | 774,267 | 628,272 | 560,727 | 489,439 | 401,111 | 254,311 | 114,812 |
| total shareholders funds | 1,205,246 | 1,247,790 | 1,119,219 | 1,049,629 | 887,119 | 774,267 | 628,272 | 560,727 | 489,439 | 401,111 | 254,311 | 114,812 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 286 | 357 | 446 | 557 | 697 | 660 | 824 | 438 | 548 | 684 | 0 | 0 |
| Amortisation | 0 | 0 | 47,500 | 47,500 | 47,500 | 47,500 | 47,500 | 47,500 | 47,500 | 58,000 | 58,000 | 58,000 |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 230,000 | -3,020 | -10,000 | 13,020 | 0 | 0 | -897 | -49,103 | 50,000 | 0 | 0 | 0 |
| Creditors | 2,049 | 2,991 | 3,259 | 0 | 1 | -1 | 1 | -116,571 | 19,956 | -233,332 | -156,854 | 486,801 |
| Accruals and Deferred Income | -39,793 | 14,427 | -25,634 | 16,029 | 47 | 14,925 | -22,405 | 55,601 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | -3,800 | 3,800 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 15,028 | 0 | 0 | 540,802 | 20,000 | 0 | 175,000 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||
| 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 | -60,561 | -18,187 | -17,252 | -81,212 | 177,212 | 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 | -91,000 | 0 | 0 | 0 | 91,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | -310,002 | -2,195 | 71,946 | 196,324 | 79,039 | -67,311 | 75,792 | 107,359 | 4,832 | -30,756 | 40,645 | 79,099 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -310,002 | -2,195 | 71,946 | 196,324 | 79,039 | -67,311 | 75,792 | 107,359 | 4,832 | -30,756 | 40,645 | 79,099 |
patrick mcgee limited Credit Report and Business Information
Patrick Mcgee Limited Competitor Analysis
Perform a competitor analysis for patrick mcgee limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in SE9 area or any other competitors across 12 key performance metrics.
patrick mcgee limited Ownership
PATRICK MCGEE LIMITED group structure
Patrick Mcgee Limited has no subsidiary companies.
Ultimate parent company
PATRICK MCGEE LIMITED
07622378
patrick mcgee limited directors
Patrick Mcgee Limited currently has 1 director, Mr Patrick McGee serving since May 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patrick McGee | England | 64 years | May 2011 | - | Director |
P&L
July 2023turnover
597k
+4%
operating profit
-62.5k
0%
gross margin
96.1%
+2.9%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
1.2m
-0.03%
total assets
1.2m
-0.06%
cash
244.8k
-0.56%
net assets
Total assets minus all liabilities
patrick mcgee limited company details
company number
07622378
Type
Private limited with Share Capital
industry
66220 - Activities of insurance agents and brokers
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
July 2023
previous names
N/A
accountant
TAYLOR-ROALFE
auditor
-
address
ivy lodge 131a, eltham high street, london, SE9 1TQ
Bank
-
Legal Advisor
-
patrick mcgee 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 did not find charges/mortgages relating to patrick mcgee limited.
patrick mcgee 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.
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patrick mcgee limited Companies House Filings - See Documents
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