mcc homes limited
mcc homes limited Company Information
Company Number
10843302
Website
https://mcchomes.co.ukRegistered Address
former monkwearmouth library, church street north, sunderland, SR6 0DR
Industry
Development of building projects
Telephone
-
Next Accounts Due
November 2024
Group Structure
View All
Directors
Paul McCoy6 Years
Shareholders
mcc holdings limited 100%
mcc homes limited Estimated Valuation
Pomanda estimates the enterprise value of MCC HOMES LIMITED at £177.7k based on a Turnover of £401.5k and 0.44x industry multiple (adjusted for size and gross margin).
mcc homes limited Estimated Valuation
Pomanda estimates the enterprise value of MCC HOMES LIMITED at £1.3m based on an EBITDA of £397.6k and a 3.32x industry multiple (adjusted for size and gross margin).
mcc homes limited Estimated Valuation
Pomanda estimates the enterprise value of MCC HOMES LIMITED at £755.7k based on Net Assets of £579.1k and 1.31x industry multiple (adjusted for liquidity).
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Mcc Homes Limited Overview
Mcc Homes Limited is a live company located in sunderland, SR6 0DR with a Companies House number of 10843302. It operates in the development of building projects sector, SIC Code 41100. Founded in June 2017, it's largest shareholder is mcc holdings limited with a 100% stake. Mcc Homes Limited is a young, micro sized company, Pomanda has estimated its turnover at £401.5k with declining growth in recent years.
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Mcc Homes Limited Health Check
Pomanda's financial health check has awarded Mcc Homes Limited a 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 £401.5k, make it smaller than the average company (£2m)
- Mcc Homes Limited
£2m - Industry AVG
Growth
3 year (CAGR) sales growth of -38%, show it is growing at a slower rate (1.8%)
- Mcc Homes Limited
1.8% - Industry AVG
Production
with a gross margin of 24.9%, this company has a comparable cost of product (24.9%)
- Mcc Homes Limited
24.9% - Industry AVG
Profitability
an operating margin of 99% make it more profitable than the average company (8.4%)
- Mcc Homes Limited
8.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Mcc Homes Limited
5 - Industry AVG
Pay Structure
on an average salary of £46.2k, the company has an equivalent pay structure (£46.2k)
- Mcc Homes Limited
£46.2k - Industry AVG
Efficiency
resulting in sales per employee of £401.5k, this is more efficient (£267.8k)
- Mcc Homes Limited
£267.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mcc Homes Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (31 days)
- Mcc Homes Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 698 days, this is more than average (176 days)
- Mcc Homes Limited
176 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 27 weeks, this is more cash available to meet short term requirements (13 weeks)
27 weeks - Mcc Homes Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.9%, this is a lower level of debt than the average (74.6%)
53.9% - Mcc Homes Limited
74.6% - Industry AVG
MCC HOMES LIMITED financials
Mcc Homes Limited's latest turnover from February 2023 is estimated at £401.5 thousand and the company has net assets of £579.1 thousand. According to their latest financial statements, Mcc Homes Limited has 1 employee and maintains cash reserves of £351.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 2 | 1 | 1 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 9,591 | 416 | 18 | 73 | 128 | 165 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,591 | 416 | 18 | 73 | 128 | 165 |
| Stock & work in progress | 577,337 | 1,530,821 | 728,648 | 338,508 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 7,485 | 791,455 | 472,478 |
| Group Debtors | 0 | 204 | 0 | 0 | 0 | 0 |
| Misc Debtors | 317,483 | 19,371 | 11,857 | 0 | 0 | 0 |
| Cash | 351,683 | 5,585 | 54,885 | 288,929 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,246,503 | 1,555,981 | 795,390 | 634,922 | 791,455 | 472,478 |
| total assets | 1,256,094 | 1,556,397 | 795,408 | 634,995 | 791,583 | 472,643 |
| Bank overdraft | 198,391 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 36,142 | 43,215 | 6,591 | 510,834 | 843,611 | 498,700 |
| Group/Directors Accounts | 378,996 | 1,206,071 | 425,282 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 63,447 | 47,720 | 47,695 | 0 | 0 | 0 |
| total current liabilities | 676,976 | 1,297,006 | 479,568 | 510,834 | 843,611 | 498,700 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 1,880 | 1,010 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,880 | 1,010 |
| total liabilities | 676,976 | 1,297,006 | 479,568 | 510,834 | 845,491 | 499,710 |
| net assets | 579,118 | 259,391 | 315,840 | 124,161 | -53,908 | -27,067 |
| total shareholders funds | 579,118 | 259,391 | 315,840 | 124,161 | -53,908 | -27,067 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Jun 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 125 | 101 | 55 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | -953,484 | 802,173 | 390,140 | 338,508 | 0 | 0 |
| Debtors | 297,908 | 7,718 | 4,372 | -783,970 | 318,977 | 472,478 |
| Creditors | -7,073 | 36,624 | -504,243 | -332,777 | 344,911 | 498,700 |
| Accruals and Deferred Income | 15,727 | 25 | 47,695 | -1,880 | 870 | 1,010 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -827,075 | 780,789 | 425,282 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 346,098 | -49,300 | -234,044 | 288,929 | 0 | 0 |
| overdraft | 198,391 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 147,707 | -49,300 | -234,044 | 288,929 | 0 | 0 |
mcc homes limited Credit Report and Business Information
Mcc Homes Limited Competitor Analysis
Perform a competitor analysis for mcc homes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mcc homes limited Ownership
MCC HOMES LIMITED group structure
Mcc Homes Limited has no subsidiary companies.
mcc homes limited directors
Mcc Homes Limited currently has 1 director, Mr Paul McCoy serving since Jun 2017.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul McCoy | United Kingdom | 42 years | Jun 2017 | - | Director |
P&L
February 2023turnover
401.5k
-49%
operating profit
397.5k
0%
gross margin
24.9%
+7.31%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
579.1k
+1.23%
total assets
1.3m
-0.19%
cash
351.7k
+61.97%
net assets
Total assets minus all liabilities
Similar Companies
mcc homes limited company details
company number
10843302
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
June 2017
age
7
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
former monkwearmouth library, church street north, sunderland, SR6 0DR
last accounts submitted
February 2023
mcc homes 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 1 charges/mortgages relating to mcc homes limited. Currently there are 1 open charges and 0 have been satisfied in the past.
mcc homes limited Companies House Filings - See Documents
| date | description | view/download |
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