mcveigh projects limited
mcveigh projects limited Company Information
Company Number
08122128
Next Accounts
Mar 2026
Shareholders
matthew mcveigh
elizabeth mcveigh
View AllGroup Structure
View All
Industry
Other construction installation
Registered Address
unit 7 waterloo court, stalybridge, cheshire, SK15 2AU
Website
www.mcveighprojects.commcveigh projects limited Estimated Valuation
Pomanda estimates the enterprise value of MCVEIGH PROJECTS LIMITED at £554k based on a Turnover of £1.5m and 0.36x industry multiple (adjusted for size and gross margin).
mcveigh projects limited Estimated Valuation
Pomanda estimates the enterprise value of MCVEIGH PROJECTS LIMITED at £104k based on an EBITDA of £30.4k and a 3.43x industry multiple (adjusted for size and gross margin).
mcveigh projects limited Estimated Valuation
Pomanda estimates the enterprise value of MCVEIGH PROJECTS LIMITED at £681.9k based on Net Assets of £222.8k and 3.06x industry multiple (adjusted for liquidity).
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Mcveigh Projects Limited Overview
Mcveigh Projects Limited is a live company located in cheshire, SK15 2AU with a Companies House number of 08122128. It operates in the other construction installation sector, SIC Code 43290. Founded in June 2012, it's largest shareholder is matthew mcveigh with a 20% stake. Mcveigh Projects Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with high growth in recent years.
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Mcveigh Projects Limited Health Check
Pomanda's financial health check has awarded Mcveigh Projects Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £1.5m, make it larger than the average company (£1.1m)
- Mcveigh Projects Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (11.9%)
- Mcveigh Projects Limited
11.9% - Industry AVG
Production
with a gross margin of 18.3%, this company has a higher cost of product (28%)
- Mcveigh Projects Limited
28% - Industry AVG
Profitability
an operating margin of 1.6% make it less profitable than the average company (5.9%)
- Mcveigh Projects Limited
5.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (10)
3 - Mcveigh Projects Limited
10 - Industry AVG
Pay Structure
on an average salary of £44.1k, the company has an equivalent pay structure (£44.1k)
- Mcveigh Projects Limited
£44.1k - Industry AVG
Efficiency
resulting in sales per employee of £509.7k, this is more efficient (£178.9k)
- Mcveigh Projects Limited
£178.9k - Industry AVG
Debtor Days
it gets paid by customers after 60 days, this is near the average (53 days)
- Mcveigh Projects Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 201 days, this is slower than average (38 days)
- Mcveigh Projects Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mcveigh Projects Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (24 weeks)
48 weeks - Mcveigh Projects Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 76%, this is a higher level of debt than the average (60.7%)
76% - Mcveigh Projects Limited
60.7% - Industry AVG
MCVEIGH PROJECTS LIMITED financials
Mcveigh Projects Limited's latest turnover from June 2024 is estimated at £1.5 million and the company has net assets of £222.8 thousand. According to their latest financial statements, Mcveigh Projects Limited has 3 employees and maintains cash reserves of £646 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 28,094 | 19,047 | 19,234 | 13,237 | 23,887 | 37,112 | 52,504 | 8,264 | 8,229 | 10,330 | 4,641 | 4,216 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 28,094 | 19,047 | 19,234 | 13,237 | 23,887 | 37,112 | 52,504 | 8,264 | 8,229 | 10,330 | 4,641 | 4,216 |
| Stock & work in progress | 8,000 | 20,850 | ||||||||||
| Trade Debtors | 254,003 | 590,711 | 382,692 | 331,936 | 54,071 | 155,737 | 200,242 | 131,773 | 91,143 | 210,865 | 88,503 | 175,217 |
| Group Debtors | ||||||||||||
| Misc Debtors | 2,374 | |||||||||||
| Cash | 646,042 | 175,288 | 162,411 | 201,437 | 281,726 | 155,600 | 145,423 | 140,817 | 119,744 | 197,441 | 134,398 | 17,747 |
| misc current assets | ||||||||||||
| total current assets | 900,045 | 765,999 | 545,103 | 541,373 | 359,021 | 311,337 | 345,665 | 272,590 | 210,887 | 408,306 | 222,901 | 192,964 |
| total assets | 928,139 | 785,046 | 564,337 | 554,610 | 382,908 | 348,449 | 398,169 | 280,854 | 219,116 | 418,636 | 227,542 | 197,180 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 689,358 | 572,535 | 372,470 | 382,874 | 249,485 | 174,577 | 220,138 | 155,343 | 103,227 | 287,649 | 121,935 | 110,508 |
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | ||||||||||||
| total current liabilities | 689,358 | 572,535 | 372,470 | 382,874 | 249,485 | 174,577 | 220,138 | 155,343 | 103,227 | 287,649 | 121,935 | 110,508 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | 1,717 | 1,717 | 1,717 | 1,717 | 1,717 | |||||||
| other liabilities | 9,167 | 19,167 | 29,167 | 39,167 | 23,589 | 32,601 | ||||||
| provisions | 6,787 | 5,298 | 3,655 | 2,515 | 4,539 | 7,051 | 9,976 | 1,653 | 1,646 | 2,066 | 843 | 843 |
| total long term liabilities | 15,954 | 24,465 | 32,822 | 41,682 | 6,256 | 32,357 | 44,294 | 3,370 | 3,363 | 2,066 | 843 | 843 |
| total liabilities | 705,312 | 597,000 | 405,292 | 424,556 | 255,741 | 206,934 | 264,432 | 158,713 | 106,590 | 289,715 | 122,778 | 111,351 |
| net assets | 222,827 | 188,046 | 159,045 | 130,054 | 127,167 | 141,515 | 133,737 | 122,141 | 112,526 | 128,921 | 104,764 | 85,829 |
| total shareholders funds | 222,827 | 188,046 | 159,045 | 130,054 | 127,167 | 141,515 | 133,737 | 122,141 | 112,526 | 128,921 | 104,764 | 85,829 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 5,548 | 5,298 | 4,067 | 5,669 | 16,504 | 16,175 | 13,364 | 2,227 | 2,528 | 4,028 | 2,048 | 1,677 |
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | -8,000 | -12,850 | 20,850 | |||||||||
| Debtors | -336,708 | 208,019 | 50,756 | 275,491 | -99,292 | -44,505 | 68,469 | 40,630 | -119,722 | 122,362 | -86,714 | 175,217 |
| Creditors | 116,823 | 200,065 | -10,404 | 133,389 | 74,908 | -45,561 | 64,795 | 52,116 | -184,422 | 165,714 | 11,427 | 110,508 |
| Accruals and Deferred Income | -1,717 | 1,717 | ||||||||||
| Deferred Taxes & Provisions | 1,489 | 1,643 | 1,140 | -2,024 | -2,512 | -2,925 | 8,323 | 7 | -420 | 1,223 | 843 | |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | ||||||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -10,000 | -10,000 | -10,000 | 39,167 | -23,589 | -9,012 | 32,601 | |||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 470,754 | 12,877 | -39,026 | -80,289 | 126,126 | 10,177 | 4,606 | 21,073 | -77,697 | 63,043 | 116,651 | 17,747 |
| overdraft | ||||||||||||
| change in cash | 470,754 | 12,877 | -39,026 | -80,289 | 126,126 | 10,177 | 4,606 | 21,073 | -77,697 | 63,043 | 116,651 | 17,747 |
mcveigh projects limited Credit Report and Business Information
Mcveigh Projects Limited Competitor Analysis
Perform a competitor analysis for mcveigh projects limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in SK15 area or any other competitors across 12 key performance metrics.
mcveigh projects limited Ownership
MCVEIGH PROJECTS LIMITED group structure
Mcveigh Projects Limited has no subsidiary companies.
Ultimate parent company
MCVEIGH PROJECTS LIMITED
08122128
mcveigh projects limited directors
Mcveigh Projects Limited currently has 2 directors. The longest serving directors include Mr Andrew McVeigh (Jun 2012) and Mr Matthew McVeigh (Jun 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew McVeigh | England | 47 years | Jun 2012 | - | Director |
| Mr Matthew McVeigh | United Kingdom | 49 years | Jun 2012 | - | Director |
P&L
June 2024turnover
1.5m
-21%
operating profit
24.8k
0%
gross margin
18.3%
+11.08%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
222.8k
+0.18%
total assets
928.1k
+0.18%
cash
646k
+2.69%
net assets
Total assets minus all liabilities
Similar Companies
mcveigh projects limited company details
company number
08122128
Type
Private limited with Share Capital
industry
43290 - Other construction installation
incorporation date
June 2012
age
13
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
June 2024
previous names
N/A
accountant
-
auditor
-
address
unit 7 waterloo court, stalybridge, cheshire, SK15 2AU
Bank
-
Legal Advisor
-
mcveigh projects 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 mcveigh projects limited.
mcveigh projects 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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mcveigh projects limited Companies House Filings - See Documents
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