mackie contracts essex ltd

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mackie contracts essex ltd Company Information

Share MACKIE CONTRACTS ESSEX LTD
Live 
EstablishedMicroDeclining

Company Number

08062135

Website

-

Registered Address

376 london road hadleigh, benfleet, essex, SS7 2DA

Industry

Development of building projects

 

Construction of domestic buildings

 
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Telephone

442039062866

Next Accounts Due

February 2026

Group Structure

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Directors

Malcolm Watson12 Years

Katherine Watson8 Years

Shareholders

katherine anne watson 50%

malcolm richard steven watson 50%

mackie contracts essex ltd Estimated Valuation

£152.6k

Pomanda estimates the enterprise value of MACKIE CONTRACTS ESSEX LTD at £152.6k based on a Turnover of £334.6k and 0.46x industry multiple (adjusted for size and gross margin).

mackie contracts essex ltd Estimated Valuation

£0

Pomanda estimates the enterprise value of MACKIE CONTRACTS ESSEX LTD at £0 based on an EBITDA of £-11.8k and a 3.89x industry multiple (adjusted for size and gross margin).

mackie contracts essex ltd Estimated Valuation

£135.4k

Pomanda estimates the enterprise value of MACKIE CONTRACTS ESSEX LTD at £135.4k based on Net Assets of £82.8k and 1.64x industry multiple (adjusted for liquidity).

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Mackie Contracts Essex Ltd Overview

Mackie Contracts Essex Ltd is a live company located in essex, SS7 2DA with a Companies House number of 08062135. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2012, it's largest shareholder is katherine anne watson with a 50% stake. Mackie Contracts Essex Ltd is a established, micro sized company, Pomanda has estimated its turnover at £334.6k with declining growth in recent years.

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Mackie Contracts Essex Ltd Health Check

Pomanda's financial health check has awarded Mackie Contracts Essex Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

7 Weak

size

Size

annual sales of £334.6k, make it smaller than the average company (£2.8m)

£334.6k - Mackie Contracts Essex Ltd

£2.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -35%, show it is growing at a slower rate (10.4%)

-35% - Mackie Contracts Essex Ltd

10.4% - Industry AVG

production

Production

with a gross margin of 21.9%, this company has a comparable cost of product (21.9%)

21.9% - Mackie Contracts Essex Ltd

21.9% - Industry AVG

profitability

Profitability

an operating margin of -9.3% make it less profitable than the average company (5.5%)

-9.3% - Mackie Contracts Essex Ltd

5.5% - Industry AVG

employees

Employees

with 3 employees, this is below the industry average (9)

3 - Mackie Contracts Essex Ltd

9 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.9k, the company has an equivalent pay structure (£45.9k)

£45.9k - Mackie Contracts Essex Ltd

£45.9k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £111.5k, this is less efficient (£220.6k)

£111.5k - Mackie Contracts Essex Ltd

£220.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is later than average (35 days)

44 days - Mackie Contracts Essex Ltd

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 22 days, this is quicker than average (32 days)

22 days - Mackie Contracts Essex Ltd

32 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 1 days, this is less than average (129 days)

1 days - Mackie Contracts Essex Ltd

129 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (17 weeks)

33 weeks - Mackie Contracts Essex Ltd

17 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.5%, this is a similar level of debt than the average (71.5%)

66.5% - Mackie Contracts Essex Ltd

71.5% - Industry AVG

MACKIE CONTRACTS ESSEX LTD financials

EXPORTms excel logo

Mackie Contracts Essex Ltd's latest turnover from May 2024 is estimated at £334.6 thousand and the company has net assets of £82.8 thousand. According to their latest financial statements, Mackie Contracts Essex Ltd has 3 employees and maintains cash reserves of £72.8 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Turnover334,633453,365664,7861,239,8491,413,6021,292,9761,299,1161,242,3611,049,181702,118531,153186,951
Other Income Or Grants000000000000
Cost Of Sales261,237352,897524,348980,3061,098,567988,786984,862930,910787,548530,764404,047144,030
Gross Profit73,395100,468140,438259,543315,035304,190314,254311,450261,633171,355127,10742,921
Admin Expenses104,673155,279128,53059,696315,179305,550313,574309,921261,822171,431130,34738,681
Operating Profit-31,278-54,81111,908199,847-144-1,3606801,529-189-76-3,2404,240
Interest Payable2,7503,6753,1501,52500000000
Interest Receivable3,2113,3546511800066112110433
Pre-Tax Profit-30,818-55,1329,409198,341-144-1,3606801,535-12845-3,1364,273
Tax00-1,788-37,68500-129-2920-90-983
Profit After Tax-30,818-55,1327,621160,656-144-1,3605511,243-12836-3,1363,290
Dividends Paid000000000000
Retained Profit-30,818-55,1327,621160,656-144-1,3605511,243-12836-3,1363,290
Employee Costs137,696130,772170,261162,58381,364251,954245,410235,995163,695119,15775,71836,526
Number Of Employees334426664321
EBITDA*-11,784-19,76652,969199,847-144-1,3606801,5296,8652,151-6154,670

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Tangible Assets62,009109,183127,714126,72762,90738,55637,56344,93725,68524,75710,9268,405
Intangible Assets1,3321,3321,3321,332000064464400
Investments & Other000000000000
Debtors (Due After 1 year)000000000000
Total Fixed Assets63,341110,515129,046128,05962,90738,55637,56344,93726,32925,40110,9268,405
Stock & work in progress8001,0002,4501,50000001,3751,00023,25619,379
Trade Debtors40,96088,634140,279290,771176,345134,608130,286120,614124,19082,07736,5439,727
Group Debtors000000000000
Misc Debtors68,90934,49939,03958,5793,3170000016,5300
Cash72,78855,63293,42836,71500004,78719,70228,56113,227
misc current assets000002,7833,6934,0150000
total current assets183,457179,765275,196387,565179,662137,391133,979124,629130,352102,779104,89042,333
total assets246,798290,280404,242515,624242,569175,947171,542169,566156,681128,180115,81650,738
Bank overdraft000000000000
Bank loan10,00010,00010,000000000000
Trade Creditors 16,1853,22010,80150,983188,327147,076164,292163,850148,649112,063113,37741,562
Group/Directors Accounts000000000000
other short term finances000000000000
hp & lease commitments000000000000
other current liabilities88,33375,979119,588202,13700000000
total current liabilities114,51889,199140,389253,120188,327147,076164,292163,850148,649112,063113,37741,562
loans10,00020,00030,00050,00000000000
hp & lease commitments000000000000
Accruals and Deferred Income00003,8905,7975,3943,3970000
other liabilities23,99846,73940,85827,31750,00022,57801,0142,73310,87504,105
provisions15,50320,74524,26624,07900005,1374,9522,1851,681
total long term liabilities49,50187,48495,124101,39653,89028,3755,3944,4117,87015,8272,1855,786
total liabilities164,019176,683235,513354,516242,217175,451169,686168,261156,519127,890115,56247,348
net assets82,779113,597168,729161,1083524961,8561,3051622902543,390
total shareholders funds82,779113,597168,729161,1083524961,8561,3051622902543,390
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014May 2013
Operating Activities
Operating Profit-31,278-54,81111,908199,847-144-1,3606801,529-189-76-3,2404,240
Depreciation19,49435,04541,061000007,0542,2272,625430
Amortisation000000000000
Tax00-1,788-37,68500-129-2920-90-983
Stock-200-1,4509501,500000-1,375375-22,2563,87719,379
Debtors-13,264-56,185-170,032169,68845,0544,3229,672-3,57642,11329,00443,3469,727
Creditors12,965-7,581-40,182-137,34441,251-17,21644215,20136,586-1,31471,81541,562
Accruals and Deferred Income12,354-43,609-82,549198,247-1,9074031,9973,3970000
Deferred Taxes & Provisions-5,242-3,52118724,079000-5,1371852,7675041,681
Cash flow from operations21,757-16,84297,71975,956-5,854-22,495-6,68219,6491,148-3,15324,48117,824
Investing Activities
capital expenditure27,680-16,514-42,048-65,152-24,351-9937,374-18,608-7,982-16,702-5,146-8,835
Change in Investments000000000000
cash flow from investments27,680-16,514-42,048-65,152-24,351-9937,374-18,608-7,982-16,702-5,146-8,835
Financing Activities
Bank loans0010,000000000000
Group/Directors Accounts000000000000
Other Short Term Loans 000000000000
Long term loans-10,000-10,000-20,00050,00000000000
Hire Purchase and Lease Commitments000000000000
other long term liabilities-22,7415,88113,541-22,68327,42222,578-1,014-1,719-8,14210,875-4,1054,105
share issue000100000-100000100
interest461-321-2,499-1,50700066112110433
cash flow from financing-32,280-4,4401,04225,91027,42222,578-1,014-1,813-8,08110,996-4,0014,238
cash and cash equivalents
cash17,156-37,79656,71336,715000-4,787-14,915-8,85915,33413,227
overdraft000000000000
change in cash17,156-37,79656,71336,715000-4,787-14,915-8,85915,33413,227

mackie contracts essex ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mackie Contracts Essex Ltd Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mackie contracts essex ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SS7 area or any other competitors across 12 key performance metrics.

mackie contracts essex ltd Ownership

MACKIE CONTRACTS ESSEX LTD group structure

Mackie Contracts Essex Ltd has no subsidiary companies.

Ultimate parent company

MACKIE CONTRACTS ESSEX LTD

08062135

MACKIE CONTRACTS ESSEX LTD Shareholders

katherine anne watson 50%
malcolm richard steven watson 50%

mackie contracts essex ltd directors

Mackie Contracts Essex Ltd currently has 2 directors. The longest serving directors include Mr Malcolm Watson (May 2012) and Mrs Katherine Watson (Apr 2016).

officercountryagestartendrole
Mr Malcolm WatsonEngland61 years May 2012- Director
Mrs Katherine WatsonEngland59 years Apr 2016- Director

P&L

May 2024

turnover

334.6k

-26%

operating profit

-31.3k

0%

gross margin

22%

-1.03%

turnover

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

Balance Sheet

May 2024

net assets

82.8k

-0.27%

total assets

246.8k

-0.15%

cash

72.8k

+0.31%

net assets

Total assets minus all liabilities

mackie contracts essex ltd company details

company number

08062135

Type

Private limited with Share Capital

industry

41100 - Development of building projects

41202 - Construction of domestic buildings

43390 - Other building completion and finishing

incorporation date

May 2012

age

12

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

376 london road hadleigh, benfleet, essex, SS7 2DA

Bank

-

Legal Advisor

-

mackie contracts essex ltd 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 mackie contracts essex ltd.

charges

mackie contracts essex ltd Companies House Filings - See Documents

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