12 reedspire pride parkway, enterprise park, sleaford, NG34 8GL
Website
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midland county construction ltdEstimated Valuation
£1.9m
Pomanda estimates the enterprise value of MIDLAND COUNTY CONSTRUCTION LTD at £1.9m based on a Turnover of £4.8m and 0.41x industry multiple (adjusted for size and gross margin).
midland county construction ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MIDLAND COUNTY CONSTRUCTION LTD at £0 based on an EBITDA of £-41.3k and a 3.64x industry multiple (adjusted for size and gross margin).
midland county construction ltdEstimated Valuation
£474.1k
Pomanda estimates the enterprise value of MIDLAND COUNTY CONSTRUCTION LTD at £474.1k based on Net Assets of £353.6k and 1.34x industry multiple (adjusted for liquidity).
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Midland County Construction LtdOverview
Midland County Construction Ltd is a live company located in sleaford, NG34 8GL with a Companies House number of 08759519. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in November 2013, it's largest shareholder is
kimberley toulson
with a 100% stake. Midland County Construction Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£4.8m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Midland County Construction Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
4 Weak
Size
annual sales of £4.8m, make it larger than the average company (£461.4k)
£4.8m - Midland County Construction Ltd
£461.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 68%, show it is growing at a faster rate (9.3%)
68% - Midland County Construction Ltd
9.3% - Industry AVG
Production
with a gross margin of 20.8%, this company has a comparable cost of product (20.8%)
20.8% - Midland County Construction Ltd
20.8% - Industry AVG
Profitability
an operating margin of -1.3% make it less profitable than the average company (5.4%)
-1.3% - Midland County Construction Ltd
5.4% - Industry AVG
Employees
with 24 employees, this is above the industry average (3)
24 - Midland County Construction Ltd
3 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
£41.1k - Midland County Construction Ltd
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £198.8k, this is equally as efficient (£199.9k)
£198.8k - Midland County Construction Ltd
£199.9k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is later than average (27 days)
49 days - Midland County Construction Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (30 days)
19 days - Midland County Construction Ltd
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Midland County Construction Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is less cash available to meet short term requirements (15 weeks)
10 weeks - Midland County Construction Ltd
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.1%, this is a lower level of debt than the average (73.2%)
64.1% - Midland County Construction Ltd
73.2% - Industry AVG
MIDLAND COUNTY CONSTRUCTION LTD financials
EXPORT
Midland County Construction Ltd's latest turnover from October 2023 is estimated at £4.8 million and the company has net assets of £353.6 thousand. According to their latest financial statements, we estimate that Midland County Construction Ltd has 24 employees and maintains cash reserves of £123.1 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Turnover
4,772,276
4,110,577
2,773,833
1,010,040
2,367,331
3,757,736
1,193,362
1,716,219
1,758,563
2,328,212
Other Income Or Grants
Cost Of Sales
3,779,417
3,259,813
2,242,434
813,926
1,876,457
2,936,381
919,148
1,311,558
1,366,982
1,812,300
Gross Profit
992,859
850,764
531,399
196,114
490,873
821,354
274,214
404,661
391,581
515,913
Admin Expenses
1,055,483
811,947
500,811
182,774
403,047
775,898
336,576
418,697
145,747
365,927
Operating Profit
-62,624
38,817
30,588
13,340
87,826
45,456
-62,362
-14,036
245,834
149,986
Interest Payable
3,898
3,634
2,942
1,525
Interest Receivable
7,412
3,937
174
89
412
617
172
79
2
1
Pre-Tax Profit
-59,110
39,120
27,820
11,904
88,238
46,073
-62,190
-13,957
245,836
149,987
Tax
-7,433
-5,286
-2,262
-16,765
-8,754
-49,167
-31,497
Profit After Tax
-59,110
31,687
22,534
9,642
71,473
37,319
-62,190
-13,957
196,669
118,490
Dividends Paid
Retained Profit
-59,110
31,687
22,534
9,642
71,473
37,319
-62,190
-13,957
196,669
118,490
Employee Costs
987,105
828,121
549,122
222,014
400,911
546,846
187,032
234,428
159,543
227,828
Number Of Employees
24
20
14
6
10
13
5
6
4
6
EBITDA*
-41,339
63,365
50,380
21,681
93,103
50,683
-58,551
-12,997
246,873
149,986
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Tangible Assets
67,251
81,186
98,784
35,281
23,071
17,008
8,235
11,546
4,703
Intangible Assets
500
1,000
1,500
2,000
2,500
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
67,251
81,186
98,784
35,281
23,571
18,008
9,735
13,546
7,203
Stock & work in progress
Trade Debtors
640,789
572,039
205,799
564
297,469
50,675
153,581
163,017
214,026
Group Debtors
24,742
74,886
259,182
491,057
527,921
133,775
291,912
127,752
Misc Debtors
130,107
111,028
118,520
120,988
118,398
141,440
23,055
126,548
298,757
Cash
123,080
159,271
190,658
156,958
20,415
89,513
74,926
62,989
207
523
misc current assets
total current assets
918,718
917,224
774,159
769,567
666,734
662,197
440,568
470,870
461,981
214,549
total assets
985,969
998,410
872,943
804,848
690,305
680,205
450,303
484,416
469,184
214,549
Bank overdraft
10,911
15,152
9,600
Bank loan
Trade Creditors
200,081
140,307
273,676
186,083
266,856
355,857
182,463
86,436
89,919
95,059
Group/Directors Accounts
128,446
10,531
other short term finances
hp & lease commitments
4,688
5,774
11,973
1,590
other current liabilities
249,836
370,667
130,210
201,693
69,639
43,785
26,181
93,469
51,634
total current liabilities
593,962
531,900
425,459
389,366
336,495
399,642
208,644
179,905
152,084
95,059
loans
16,739
26,493
36,851
50,000
hp & lease commitments
10,650
15,338
14,710
4,639
Accruals and Deferred Income
other liabilities
provisions
11,061
12,012
14,943
2,397
5,006
3,232
1,647
2,309
941
total long term liabilities
38,450
53,843
66,504
57,036
5,006
3,232
1,647
2,309
941
total liabilities
632,412
585,743
491,963
446,402
341,501
402,874
210,291
182,214
153,025
95,059
net assets
353,557
412,667
380,980
358,446
348,804
277,331
240,012
302,202
316,159
119,490
total shareholders funds
353,557
412,667
380,980
358,446
348,804
277,331
240,012
302,202
316,159
119,490
Oct 2023
Oct 2022
Oct 2021
Oct 2020
Oct 2019
Oct 2018
Oct 2017
Oct 2016
Oct 2015
Oct 2014
Operating Activities
Operating Profit
-62,624
38,817
30,588
13,340
87,826
45,456
-62,362
-14,036
245,834
149,986
Depreciation
21,285
24,548
19,792
7,841
4,777
4,727
3,311
539
539
Amortisation
500
500
500
500
500
500
Tax
-7,433
-5,286
-2,262
-16,765
-8,754
-49,167
-31,497
Stock
Debtors
37,685
174,452
-29,108
-33,710
73,635
207,042
-42,239
-53,893
247,748
214,026
Creditors
59,774
-133,369
87,593
-80,773
-89,001
173,394
96,027
-3,483
-5,140
95,059
Accruals and Deferred Income
-120,831
240,457
-71,483
132,054
25,854
17,604
-67,288
41,835
51,634
Deferred Taxes & Provisions
-951
-2,931
12,546
-2,609
1,774
1,585
-662
1,368
941
Cash flow from operations
-141,032
-14,363
102,858
101,801
-58,670
27,470
11,765
80,616
-2,607
-478
Investing Activities
capital expenditure
-7,350
-6,950
-83,295
-20,051
-10,840
-13,500
-7,382
-8,242
Change in Investments
cash flow from investments
-7,350
-6,950
-83,295
-20,051
-10,840
-13,500
-7,382
-8,242
Financing Activities
Bank loans
Group/Directors Accounts
128,446
-10,531
10,531
Other Short Term Loans
Long term loans
-9,754
-10,358
-13,149
50,000
Hire Purchase and Lease Commitments
-5,774
-5,571
20,454
6,229
other long term liabilities
share issue
1,000
interest
3,514
303
-2,768
-1,436
412
617
172
79
2
1
cash flow from financing
116,432
-15,626
4,537
54,793
412
617
172
-10,452
10,533
1,001
cash and cash equivalents
cash
-36,191
-31,387
33,700
136,543
-69,098
14,587
11,937
62,782
-316
523
overdraft
-4,241
5,552
9,600
change in cash
-31,950
-36,939
24,100
136,543
-69,098
14,587
11,937
62,782
-316
523
midland county construction ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for midland county construction ltd. Get real-time insights into midland county construction ltd's credit score, group structure and payment trends.
Midland County Construction Ltd Competitor Analysis
Perform a competitor analysis for midland county construction ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in NG34 area or any other competitors across 12 key performance metrics.
midland county construction ltd Ownership
MIDLAND COUNTY CONSTRUCTION LTD group structure
Midland County Construction Ltd has no subsidiary companies.
Ultimate parent company
MIDLAND COUNTY CONSTRUCTION LTD
08759519
MIDLAND COUNTY CONSTRUCTION LTD Shareholders
The sole shareholder of Midland County Construction Ltd is Kimberley Toulson.
kimberley toulson
100%
midland county construction ltd directors
Midland County Construction Ltd currently has 1 director, Mrs Kimberley Toulson serving since Jun 2017.
12 reedspire pride parkway, enterprise park, sleaford, NG34 8GL
Bank
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Legal Advisor
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midland county construction 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 midland county construction ltd.
midland county construction ltd 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.
Click to start generating capital raising & share issue transactions for MIDLAND COUNTY CONSTRUCTION LTD. This can take several minutes, an email will notify you when this has completed.
midland county construction ltdCompanies House Filings - See Documents
