mactech energy group limited
mactech energy group limited Company Information
Company Number
08946927
Next Accounts
Mar 2026
Shareholders
andrew mcfarlane
kevin malcolm stuart mcfarlane
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
23 claremont road, whitley bay, tyne and wear, NE26 3TN
Website
www.mactech.co.ukmactech energy group limited Estimated Valuation
Pomanda estimates the enterprise value of MACTECH ENERGY GROUP LIMITED at £20m based on a Turnover of £16.2m and 1.24x industry multiple (adjusted for size and gross margin).
mactech energy group limited Estimated Valuation
Pomanda estimates the enterprise value of MACTECH ENERGY GROUP LIMITED at £7.5m based on an EBITDA of £1.5m and a 5.16x industry multiple (adjusted for size and gross margin).
mactech energy group limited Estimated Valuation
Pomanda estimates the enterprise value of MACTECH ENERGY GROUP LIMITED at £950.9k based on Net Assets of £728.7k and 1.31x industry multiple (adjusted for liquidity).
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Mactech Energy Group Limited Overview
Mactech Energy Group Limited is a live company located in tyne and wear, NE26 3TN with a Companies House number of 08946927. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in March 2014, it's largest shareholder is andrew mcfarlane with a 49% stake. Mactech Energy Group Limited is a established, mid sized company, Pomanda has estimated its turnover at £16.2m with rapid growth in recent years.
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Mactech Energy Group Limited Health Check
Pomanda's financial health check has awarded Mactech Energy Group 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
5 Regular
4 Weak
Size
annual sales of £16.2m, make it in line with the average company (£19.6m)
£16.2m - Mactech Energy Group Limited
£19.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 286%, show it is growing at a faster rate (12.2%)
- Mactech Energy Group Limited
12.2% - Industry AVG
Production
with a gross margin of 23.1%, this company has a higher cost of product (35.1%)
23.1% - Mactech Energy Group Limited
35.1% - Industry AVG
Profitability
an operating margin of 8.8% make it more profitable than the average company (4.6%)
8.8% - Mactech Energy Group Limited
4.6% - Industry AVG
Employees
with 97 employees, this is similar to the industry average (106)
97 - Mactech Energy Group Limited
106 - Industry AVG
Pay Structure
on an average salary of £81.9k, the company has a higher pay structure (£45.4k)
£81.9k - Mactech Energy Group Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £166.9k, this is equally as efficient (£193.8k)
£166.9k - Mactech Energy Group Limited
£193.8k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (45 days)
48 days - Mactech Energy Group Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (43 days)
1 days - Mactech Energy Group Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mactech Energy Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (13 weeks)
1 weeks - Mactech Energy Group Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 71.4%, this is a similar level of debt than the average (68.8%)
71.4% - Mactech Energy Group Limited
68.8% - Industry AVG
MACTECH ENERGY GROUP LIMITED financials
Mactech Energy Group Limited's latest turnover from June 2024 is £16.2 million and the company has net assets of £728.7 thousand. According to their latest financial statements, Mactech Energy Group Limited has 97 employees and maintains cash reserves of £50.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,185,504 | 14,048,227 | 10,000,369 | 11,237,474 | 9,531,639 | 8,542,519 | 6,719,581 | 7,623,739 | 10,706,763 | 8,702,943 | |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 12,454,568 | 11,575,192 | 8,799,704 | 9,449,500 | 7,804,746 | 6,577,403 | 5,420,035 | 6,096,629 | 8,772,983 | 7,028,287 | |
| Gross Profit | 3,730,936 | 2,473,035 | 1,200,665 | 1,787,974 | 1,726,893 | 1,965,116 | 1,299,546 | 1,527,110 | 1,933,780 | 1,674,656 | |
| Admin Expenses | 2,312,732 | 2,075,030 | 852,106 | 1,284,848 | 1,314,543 | 1,260,663 | 1,030,519 | 1,302,941 | 1,490,183 | 976,689 | |
| Operating Profit | 1,418,204 | 398,005 | 348,559 | 503,126 | 412,350 | 704,453 | 269,027 | 224,169 | 443,597 | 697,967 | |
| Interest Payable | 1,089 | 1,570 | 1,635 | 1,899 | 2,997 | 323 | 894 | 2,250 | |||
| Interest Receivable | 499 | 6 | 109 | ||||||||
| Pre-Tax Profit | 1,418,204 | 620,643 | 346,989 | 503,126 | 410,715 | 702,554 | 266,030 | 223,846 | 442,709 | 695,826 | |
| Tax | -380,903 | -95,627 | -70,883 | -98,817 | -79,990 | -131,809 | 222,241 | -48,762 | -93,728 | -225,771 | |
| Profit After Tax | 1,037,301 | 525,016 | 276,106 | 404,309 | 330,725 | 570,745 | 488,271 | 175,084 | 348,981 | 470,055 | |
| Dividends Paid | 548,259 | 245,000 | 408,126 | 576,596 | 646,596 | 764,800 | 303,575 | 472,500 | 1,237,348 | 632,457 | |
| Retained Profit | 489,042 | 280,016 | -132,020 | -172,287 | -315,871 | -194,055 | 184,696 | -297,416 | -888,367 | -162,402 | |
| Employee Costs | 7,944,838 | 9,481,057 | 5,089,636 | 5,153,864 | 4,864,633 | 3,650,132 | 3,474,675 | 2,620,422 | 5,059,209 | 5,397,421 | |
| Number Of Employees | 97 | 87 | 3 | 124 | 126 | 58 | 92 | 70 | 70 | 91 | 117 |
| EBITDA* | 1,455,874 | 420,110 | 372,890 | 528,272 | 447,793 | 747,675 | 315,922 | 274,129 | 477,540 | 734,534 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 62,712 | 31,097 | 28,959 | 87,614 | 109,148 | 126,907 | 171,573 | 207,367 | 219,111 | 235,986 | 703,122 |
| Intangible Assets | 25,459 | 39,840 | |||||||||
| Investments & Other | 2,623,945 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 88,171 | 70,937 | 2,652,904 | 87,614 | 109,148 | 126,907 | 171,573 | 207,367 | 219,111 | 235,986 | 703,122 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 2,130,019 | 1,861,188 | 928,339 | 1,139,949 | 1,860,733 | 811,497 | 637,099 | 577,437 | 1,085,152 | 870,082 | |
| Group Debtors | 228,024 | ||||||||||
| Misc Debtors | 276,788 | 114,200 | 58,737 | 360,267 | 514,744 | 512,857 | 373,649 | 525,474 | 343,241 | 2,136,724 | 268,141 |
| Cash | 50,939 | 78,442 | 991 | 455,546 | 225,437 | 37,419 | 184,621 | 721,805 | 260,281 | 93,370 | 799,024 |
| misc current assets | |||||||||||
| total current assets | 2,457,746 | 2,053,830 | 287,752 | 1,744,152 | 1,880,130 | 2,411,009 | 1,369,767 | 1,884,378 | 1,180,959 | 3,315,246 | 1,937,247 |
| total assets | 2,545,917 | 2,124,767 | 2,940,656 | 1,831,766 | 1,989,278 | 2,537,916 | 1,541,340 | 2,091,745 | 1,400,070 | 3,551,232 | 2,640,369 |
| Bank overdraft | 5,045 | ||||||||||
| Bank loan | 50,000 | ||||||||||
| Trade Creditors | 52,477 | 78,555 | 5,455 | 207,672 | 220,230 | 186,625 | 154,370 | 385,581 | 73,554 | 412,934 | 149,791 |
| Group/Directors Accounts | 246,264 | 83,767 | 120,910 | 77,964 | |||||||
| other short term finances | 352,320 | 759,958 | 407,545 | 737,191 | 1,094,255 | 1,154,944 | |||||
| hp & lease commitments | 33,317 | 9,064 | 2,910 | ||||||||
| other current liabilities | 1,412,470 | 1,083,368 | 98,817 | 976,508 | 703,905 | 753,988 | 523,044 | 387,404 | 375,119 | 700,638 | 384,615 |
| total current liabilities | 1,817,267 | 1,921,881 | 109,317 | 1,641,725 | 1,661,326 | 2,034,868 | 710,731 | 1,028,313 | 535,350 | 2,389,426 | 612,370 |
| loans | |||||||||||
| hp & lease commitments | 33,317 | 11,554 | |||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | 236 | ||||||||||
| provisions | 2,454 | 1,466 | 7,357 | 10,166 | 21,856 | 27,307 | 35,054 | 46,278 | 24,102 | ||
| total long term liabilities | 2,454 | 236 | 1,466 | 7,357 | 10,166 | 21,856 | 60,624 | 46,608 | 46,278 | 24,102 | |
| total liabilities | 1,817,267 | 1,924,335 | 109,553 | 1,643,191 | 1,668,683 | 2,045,034 | 732,587 | 1,088,937 | 581,958 | 2,435,704 | 636,472 |
| net assets | 728,650 | 200,432 | 2,831,103 | 188,575 | 320,595 | 492,882 | 808,753 | 1,002,808 | 818,112 | 1,115,528 | 2,003,897 |
| total shareholders funds | 728,650 | 200,432 | 2,831,103 | 188,575 | 320,595 | 492,882 | 808,753 | 1,002,808 | 818,112 | 1,115,528 | 2,003,897 |
| Jun 2024 | Jun 2023 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 1,418,204 | 398,005 | 348,559 | 503,126 | 412,350 | 704,453 | 269,027 | 224,169 | 443,597 | 697,967 | |
| Depreciation | 22,854 | 16,561 | 1,341 | 24,331 | 25,146 | 35,443 | 43,222 | 46,895 | 49,960 | 33,943 | 36,567 |
| Amortisation | 14,816 | 5,544 | |||||||||
| Tax | -380,903 | -95,627 | -70,883 | -98,817 | -79,990 | -131,809 | 222,241 | -48,762 | -93,728 | -225,771 | |
| Stock | |||||||||||
| Debtors | 431,419 | 1,975,388 | -1,001,845 | -366,087 | -718,897 | 1,188,444 | 22,573 | 241,895 | -2,301,198 | 3,221,876 | 1,138,223 |
| Creditors | -26,078 | 78,555 | -202,217 | -12,558 | 33,605 | 32,255 | -231,211 | 312,027 | -339,380 | 412,934 | 149,791 |
| Accruals and Deferred Income | 329,102 | 1,083,368 | -877,691 | 272,603 | -50,083 | 230,944 | 135,640 | 12,285 | -325,519 | 700,638 | 384,615 |
| Deferred Taxes & Provisions | -2,454 | 2,454 | -1,466 | -5,891 | -2,809 | -11,690 | -5,451 | -7,747 | -11,224 | 46,278 | 24,102 |
| Cash flow from operations | 944,122 | -486,528 | 922,248 | 1,129,065 | -569,132 | 492,271 | 612,833 | 1,850,442 | -1,678,214 | -70,952 | |
| Investing Activities | |||||||||||
| capital expenditure | 19,980 | 11,300 | -17,408 | 433,193 | -59,449 | ||||||
| Change in Investments | 2,623,945 | ||||||||||
| cash flow from investments | 19,980 | 11,300 | -17,408 | 433,193 | -59,449 | ||||||
| Financing Activities | |||||||||||
| Bank loans | -50,000 | 50,000 | |||||||||
| Group/Directors Accounts | -246,264 | 162,497 | -37,143 | 120,910 | 77,964 | ||||||
| Other Short Term Loans | -407,638 | 759,958 | -407,545 | -329,646 | -357,064 | 1,094,255 | -1,154,944 | 1,154,944 | |||
| Long term loans | |||||||||||
| Hire Purchase and Lease Commitments | -33,317 | -9,064 | 27,917 | 14,464 | |||||||
| other long term liabilities | 236 | ||||||||||
| share issue | |||||||||||
| interest | -590 | -1,570 | -1,635 | -1,899 | -2,997 | -323 | -888 | -2,141 | |||
| cash flow from financing | -368,462 | 679,784 | -281,216 | -357,064 | 1,059,303 | -257,227 | 187,417 | -1,177,946 | 3,278,861 | 2,242,122 | |
| cash and cash equivalents | |||||||||||
| cash | -27,503 | 78,442 | -454,555 | 230,109 | 188,018 | -147,202 | -537,184 | 461,524 | 166,911 | 93,370 | 799,024 |
| overdraft | 5,045 | ||||||||||
| change in cash | -27,503 | 78,442 | -459,600 | 230,109 | 188,018 | -147,202 | -537,184 | 461,524 | 166,911 | 93,370 | 799,024 |
mactech energy group limited Credit Report and Business Information
Mactech Energy Group Limited Competitor Analysis
Perform a competitor analysis for mactech energy group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mid companies, companies in NE26 area or any other competitors across 12 key performance metrics.
mactech energy group limited Ownership
MACTECH ENERGY GROUP LIMITED group structure
Mactech Energy Group Limited has 4 subsidiary companies.
Ultimate parent company
MACTECH ENERGY GROUP LIMITED
08946927
4 subsidiaries
mactech energy group limited directors
Mactech Energy Group Limited currently has 5 directors. The longest serving directors include Mr Andrew McFarlane (Mar 2015) and Mr Simon Thorne (Oct 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew McFarlane | United Kingdom | 42 years | Mar 2015 | - | Director |
| Mr Simon Thorne | United Kingdom | 61 years | Oct 2021 | - | Director |
| Mrs Sarah Richardson | United Kingdom | 52 years | Jun 2022 | - | Director |
| Mr Christian Jeanneau | 53 years | Jan 2025 | - | Director | |
| Mr Damien Chabert Dhieres De Seguin De Reynies | United Kingdom | 41 years | Jan 2025 | - | Director |
P&L
June 2024turnover
16.2m
+15%
operating profit
1.4m
+256%
gross margin
23.1%
+30.94%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
728.7k
+2.64%
total assets
2.5m
+0.2%
cash
50.9k
-0.35%
net assets
Total assets minus all liabilities
mactech energy group limited company details
company number
08946927
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2024
previous names
mactech inspection holdco limited (September 2021)
accountant
-
auditor
AZETS AUDIT SERVICES
address
23 claremont road, whitley bay, tyne and wear, NE26 3TN
Bank
HSBC BANK PLC
Legal Advisor
-
mactech energy group 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 found 2 charges/mortgages relating to mactech energy group limited. Currently there are 2 open charges and 0 have been satisfied in the past.
mactech energy group 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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mactech energy group limited Companies House Filings - See Documents
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