mcvickers free solar limited
mcvickers free solar limited Company Information
Company Number
10273900
Website
www.mcvickers.co.ukRegistered Address
unit 2 woodland court, greencroft industrial park, stanley, DH9 7BF
Industry
Other business support service activities n.e.c.
Telephone
01207291700
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
mcvickers holdings limited 85%
catherine ridley 5%
View Allmcvickers free solar limited Estimated Valuation
Pomanda estimates the enterprise value of MCVICKERS FREE SOLAR LIMITED at £74.1k based on a Turnover of £189.2k and 0.39x industry multiple (adjusted for size and gross margin).
mcvickers free solar limited Estimated Valuation
Pomanda estimates the enterprise value of MCVICKERS FREE SOLAR LIMITED at £721.9k based on an EBITDA of £235.1k and a 3.07x industry multiple (adjusted for size and gross margin).
mcvickers free solar limited Estimated Valuation
Pomanda estimates the enterprise value of MCVICKERS FREE SOLAR LIMITED at £781.1k based on Net Assets of £344.4k and 2.27x industry multiple (adjusted for liquidity).
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Mcvickers Free Solar Limited Overview
Mcvickers Free Solar Limited is a live company located in stanley, DH9 7BF with a Companies House number of 10273900. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2016, it's largest shareholder is mcvickers holdings limited with a 85% stake. Mcvickers Free Solar Limited is a young, micro sized company, Pomanda has estimated its turnover at £189.2k with high growth in recent years.
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Mcvickers Free Solar Limited Health Check
Pomanda's financial health check has awarded Mcvickers Free Solar Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £189.2k, make it smaller than the average company (£2.9m)
- Mcvickers Free Solar Limited
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (2.4%)
- Mcvickers Free Solar Limited
2.4% - Industry AVG
Production
with a gross margin of 17.4%, this company has a higher cost of product (38.7%)
- Mcvickers Free Solar Limited
38.7% - Industry AVG
Profitability
an operating margin of 103% make it more profitable than the average company (6.6%)
- Mcvickers Free Solar Limited
6.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (21)
3 - Mcvickers Free Solar Limited
21 - Industry AVG
Pay Structure
on an average salary of £45k, the company has an equivalent pay structure (£45k)
- Mcvickers Free Solar Limited
£45k - Industry AVG
Efficiency
resulting in sales per employee of £63.1k, this is less efficient (£135.7k)
- Mcvickers Free Solar Limited
£135.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mcvickers Free Solar Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Mcvickers Free Solar Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mcvickers Free Solar Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (27 weeks)
38 weeks - Mcvickers Free Solar Limited
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.4%, this is a similar level of debt than the average (62.9%)
61.4% - Mcvickers Free Solar Limited
62.9% - Industry AVG
mcvickers free solar limited Credit Report and Business Information
Mcvickers Free Solar Limited Competitor Analysis
Perform a competitor analysis for mcvickers free solar limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mcvickers free solar limited Ownership
MCVICKERS FREE SOLAR LIMITED group structure
Mcvickers Free Solar Limited has no subsidiary companies.
Ultimate parent company
1 parent
MCVICKERS FREE SOLAR LIMITED
10273900
mcvickers free solar limited directors
Mcvickers Free Solar Limited currently has 3 directors. The longest serving directors include Mr Aidan Storey (Jul 2016) and Mrs Catherine Ridley (Jan 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aidan Storey | Uk | 58 years | Jul 2016 | - | Director |
| Mrs Catherine Ridley | United Kingdom | 49 years | Jan 2017 | - | Director |
| Mr Steven Peacock | United Kingdom | 54 years | Jan 2017 | - | Director |
MCVICKERS FREE SOLAR LIMITED financials
Mcvickers Free Solar Limited's latest turnover from October 2022 is estimated at £189.2 thousand and the company has net assets of £344.4 thousand. According to their latest financial statements, Mcvickers Free Solar Limited has 3 employees and maintains cash reserves of £320.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 4 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 569,127 | 609,275 | 649,422 | 689,569 | 729,716 | 753,135 | 793,283 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 569,127 | 609,275 | 649,422 | 689,569 | 729,716 | 753,135 | 793,283 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 2,891 | 3,499 | 556 | 4,952 | 1,030 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,189 | 2,050 | 1,485 | 4,098 | 1,163 | 8,115 | 56,760 |
| Cash | 320,770 | 112,131 | 136,761 | 3,261 | 29,980 | 40,741 | 42,831 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 322,959 | 117,072 | 141,745 | 7,915 | 36,095 | 49,886 | 99,591 |
| total assets | 892,086 | 726,347 | 791,167 | 697,484 | 765,811 | 803,021 | 892,874 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 359,909 | 404,504 | 423,484 | 138,745 | 316,010 | 524,700 | 762,673 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 74,288 | 22,061 | 54,973 | 37,983 | 64,568 | 32,946 | 26,473 |
| total current liabilities | 434,197 | 426,565 | 478,457 | 176,728 | 380,578 | 557,646 | 789,146 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 113,485 | 117,200 | 90,841 | 81,711 | 85,490 | 79,611 | 75,807 |
| total long term liabilities | 113,485 | 117,200 | 90,841 | 81,711 | 85,490 | 79,611 | 75,807 |
| total liabilities | 547,682 | 543,765 | 569,298 | 258,439 | 466,068 | 637,257 | 864,953 |
| net assets | 344,404 | 182,582 | 221,869 | 439,045 | 299,743 | 165,764 | 27,921 |
| total shareholders funds | 344,404 | 182,582 | 221,869 | 439,045 | 299,743 | 165,764 | 27,921 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 40,148 | 40,147 | 40,147 | 40,147 | 23,419 | 40,148 | 19,154 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,752 | -43 | 330 | -1,461 | -50,645 | -47,615 | 56,760 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 52,227 | -32,912 | 16,990 | -26,585 | 38,095 | 6,473 | 26,473 |
| Deferred Taxes & Provisions | -3,715 | 26,359 | 9,130 | -3,779 | 9,683 | 3,804 | 75,807 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -44,595 | -18,980 | 284,739 | -177,265 | -446,663 | -237,973 | 762,673 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | 208,639 | -24,630 | 133,500 | -26,719 | -12,851 | -2,090 | 42,831 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 208,639 | -24,630 | 133,500 | -26,719 | -12,851 | -2,090 | 42,831 |
P&L
October 2022turnover
189.2k
+78%
operating profit
194.9k
0%
gross margin
17.5%
+13.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
344.4k
+0.89%
total assets
892.1k
+0.23%
cash
320.8k
+1.86%
net assets
Total assets minus all liabilities
Similar Companies
mcvickers free solar limited company details
company number
10273900
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2016
age
8
accounts
Audit Exemption Subsidiary
ultimate parent company
previous names
N/A
incorporated
UK
address
unit 2 woodland court, greencroft industrial park, stanley, DH9 7BF
last accounts submitted
October 2022
mcvickers free solar 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 mcvickers free solar limited.
mcvickers free solar limited Companies House Filings - See Documents
| date | description | view/download |
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