Mackie Contracts Essex Ltd

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mackie contracts essex ltd Company Information

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).

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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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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 Rating3out of 5

2 Strong

3 Regular

7 Weak

Size

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

Growth

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

EXPORT

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 House, Pomanda Estimates

	May 2024	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013
Turnover	334,633	453,365	664,786	1,239,849	1,413,602	1,292,976	1,299,116	1,242,361	1,049,181	702,118	531,153	186,951
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	261,237	352,897	524,348	980,306	1,098,567	988,786	984,862	930,910	787,548	530,764	404,047	144,030
Gross Profit	73,395	100,468	140,438	259,543	315,035	304,190	314,254	311,450	261,633	171,355	127,107	42,921
Admin Expenses	104,673	155,279	128,530	59,696	315,179	305,550	313,574	309,921	261,822	171,431	130,347	38,681
Operating Profit	-31,278	-54,811	11,908	199,847	-144	-1,360	680	1,529	-189	-76	-3,240	4,240
Interest Payable	2,750	3,675	3,150	1,525	0	0	0	0	0	0	0	0
Interest Receivable	3,211	3,354	651	18	0	0	0	6	61	121	104	33
Pre-Tax Profit	-30,818	-55,132	9,409	198,341	-144	-1,360	680	1,535	-128	45	-3,136	4,273
Tax	0	0	-1,788	-37,685	0	0	-129	-292	0	-9	0	-983
Profit After Tax	-30,818	-55,132	7,621	160,656	-144	-1,360	551	1,243	-128	36	-3,136	3,290
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-30,818	-55,132	7,621	160,656	-144	-1,360	551	1,243	-128	36	-3,136	3,290
Employee Costs	137,696	130,772	170,261	162,583	81,364	251,954	245,410	235,995	163,695	119,157	75,718	36,526
Number Of Employees	3	3	4	4	2	6	6	6	4	3	2	1
EBITDA*	-11,784	-19,766	52,969	199,847	-144	-1,360	680	1,529	6,865	2,151	-615	4,670

* Earnings Before Interest, Tax, Depreciation and Amortisation

	May 2024	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013
Tangible Assets	62,009	109,183	127,714	126,727	62,907	38,556	37,563	44,937	25,685	24,757	10,926	8,405
Intangible Assets	1,332	1,332	1,332	1,332	0	0	0	0	644	644	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	63,341	110,515	129,046	128,059	62,907	38,556	37,563	44,937	26,329	25,401	10,926	8,405
Stock & work in progress	800	1,000	2,450	1,500	0	0	0	0	1,375	1,000	23,256	19,379
Trade Debtors	40,960	88,634	140,279	290,771	176,345	134,608	130,286	120,614	124,190	82,077	36,543	9,727
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	68,909	34,499	39,039	58,579	3,317	0	0	0	0	0	16,530	0
Cash	72,788	55,632	93,428	36,715	0	0	0	0	4,787	19,702	28,561	13,227
misc current assets	0	0	0	0	0	2,783	3,693	4,015	0	0	0	0
total current assets	183,457	179,765	275,196	387,565	179,662	137,391	133,979	124,629	130,352	102,779	104,890	42,333
total assets	246,798	290,280	404,242	515,624	242,569	175,947	171,542	169,566	156,681	128,180	115,816	50,738
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	10,000	10,000	10,000	0	0	0	0	0	0	0	0	0
Trade Creditors	16,185	3,220	10,801	50,983	188,327	147,076	164,292	163,850	148,649	112,063	113,377	41,562
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	88,333	75,979	119,588	202,137	0	0	0	0	0	0	0	0
total current liabilities	114,518	89,199	140,389	253,120	188,327	147,076	164,292	163,850	148,649	112,063	113,377	41,562
loans	10,000	20,000	30,000	50,000	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	3,890	5,797	5,394	3,397	0	0	0	0
other liabilities	23,998	46,739	40,858	27,317	50,000	22,578	0	1,014	2,733	10,875	0	4,105
provisions	15,503	20,745	24,266	24,079	0	0	0	0	5,137	4,952	2,185	1,681
total long term liabilities	49,501	87,484	95,124	101,396	53,890	28,375	5,394	4,411	7,870	15,827	2,185	5,786
total liabilities	164,019	176,683	235,513	354,516	242,217	175,451	169,686	168,261	156,519	127,890	115,562	47,348
net assets	82,779	113,597	168,729	161,108	352	496	1,856	1,305	162	290	254	3,390
total shareholders funds	82,779	113,597	168,729	161,108	352	496	1,856	1,305	162	290	254	3,390

	May 2024	May 2023	May 2022	May 2021	May 2020	May 2019	May 2018	May 2017	May 2016	May 2015	May 2014	May 2013
Operating Activities
Operating Profit	-31,278	-54,811	11,908	199,847	-144	-1,360	680	1,529	-189	-76	-3,240	4,240
Depreciation	19,494	35,045	41,061	0	0	0	0	0	7,054	2,227	2,625	430
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0
Tax	0	0	-1,788	-37,685	0	0	-129	-292	0	-9	0	-983
Stock	-200	-1,450	950	1,500	0	0	0	-1,375	375	-22,256	3,877	19,379
Debtors	-13,264	-56,185	-170,032	169,688	45,054	4,322	9,672	-3,576	42,113	29,004	43,346	9,727
Creditors	12,965	-7,581	-40,182	-137,344	41,251	-17,216	442	15,201	36,586	-1,314	71,815	41,562
Accruals and Deferred Income	12,354	-43,609	-82,549	198,247	-1,907	403	1,997	3,397	0	0	0	0
Deferred Taxes & Provisions	-5,242	-3,521	187	24,079	0	0	0	-5,137	185	2,767	504	1,681
Cash flow from operations	21,757	-16,842	97,719	75,956	-5,854	-22,495	-6,682	19,649	1,148	-3,153	24,481	17,824
Investing Activities
capital expenditure	27,680	-16,514	-42,048	-65,152	-24,351	-993	7,374	-18,608	-7,982	-16,702	-5,146	-8,835
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	27,680	-16,514	-42,048	-65,152	-24,351	-993	7,374	-18,608	-7,982	-16,702	-5,146	-8,835
Financing Activities
Bank loans	0	0	10,000	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	-10,000	-10,000	-20,000	50,000	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	-22,741	5,881	13,541	-22,683	27,422	22,578	-1,014	-1,719	-8,142	10,875	-4,105	4,105
share issue	0	0	0	100	0	0	0	-100	0	0	0	100
interest	461	-321	-2,499	-1,507	0	0	0	6	61	121	104	33
cash flow from financing	-32,280	-4,440	1,042	25,910	27,422	22,578	-1,014	-1,813	-8,081	10,996	-4,001	4,238
cash and cash equivalents
cash	17,156	-37,796	56,713	36,715	0	0	0	-4,787	-14,915	-8,859	15,334	13,227
overdraft	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	17,156	-37,796	56,713	36,715	0	0	0	-4,787	-14,915	-8,859	15,334	13,227

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

officer	country	age	start	end	role
Mr Malcolm Watson	England	61 years	May 2012	-	Director
Mrs Katherine Watson	England	59 years	Apr 2016	-	Director

P&L

May 2024

turnover

334.6k

-26%

operating profit

-31.3k

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

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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

ultimate parent company

None

previous names

N/A

address

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

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.

mackie contracts essex ltd Company Information

mackie contracts essex ltd Estimated Valuation

mackie contracts essex ltd Estimated Valuation

mackie contracts essex ltd Estimated Valuation

Mackie Contracts Essex Ltd Overview

Mackie Contracts Essex Ltd Health Check

MACKIE CONTRACTS ESSEX LTD financials

mackie contracts essex ltd Credit Report and Business Information

Mackie Contracts Essex Ltd Competitor Analysis

mackie contracts essex ltd Ownership

mackie contracts essex ltd directors

mackie contracts essex ltd company details

mackie contracts essex ltd Charges & Mortgages

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