mcghee law limited

Dissolved 

mcghee law limited Company Information

Share MCGHEE LAW LIMITED

Company Number

10897616

Shareholders

michael mcghee

Group Structure

View All

Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

10897616: ch default address, cardiff, CF14 8LH

mcghee law limited Estimated Valuation

£15k

Pomanda estimates the enterprise value of MCGHEE LAW LIMITED at £15k based on a Turnover of £31.6k and 0.47x industry multiple (adjusted for size and gross margin).

mcghee law limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MCGHEE LAW LIMITED at £0 based on an EBITDA of £-20.9k and a 3.4x industry multiple (adjusted for size and gross margin).

mcghee law limited Estimated Valuation

£2

Pomanda estimates the enterprise value of MCGHEE LAW LIMITED at £2 based on Net Assets of £1 and 2.3x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Mcghee Law Limited Overview

Mcghee Law Limited is a dissolved company that was located in cardiff, CF14 8LH with a Companies House number of 10897616. It operated in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in August 2017, it's largest shareholder was michael mcghee with a 100% stake. The last turnover for Mcghee Law Limited was estimated at £31.6k.

View Sample
View Sample
View Sample

Mcghee Law Limited Health Check

Pomanda's financial health check has awarded Mcghee Law Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £31.6k, make it smaller than the average company (£1m)

£31.6k - Mcghee Law Limited

£1m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Mcghee Law Limited

- - Industry AVG

production

Production

with a gross margin of 25.8%, this company has a higher cost of product (45.7%)

25.8% - Mcghee Law Limited

45.7% - Industry AVG

profitability

Profitability

an operating margin of -65.9% make it less profitable than the average company (7%)

-65.9% - Mcghee Law Limited

7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (17)

1 - Mcghee Law Limited

17 - Industry AVG

paystructure

Pay Structure

on an average salary of £44.5k, the company has an equivalent pay structure (£44.5k)

£44.5k - Mcghee Law Limited

£44.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £31.6k, this is less efficient (£113.4k)

£31.6k - Mcghee Law Limited

£113.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 109 days, this is later than average (55 days)

109 days - Mcghee Law Limited

55 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 148 days, this is slower than average (36 days)

148 days - Mcghee Law Limited

36 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mcghee Law Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mcghee Law Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 100%, this is a higher level of debt than the average (53.2%)

100% - Mcghee Law Limited

53.2% - Industry AVG

MCGHEE LAW LIMITED financials

EXPORTms excel logo

Mcghee Law Limited's latest turnover from August 2019 is estimated at £31.6 thousand and the company has net assets of £1. According to their latest financial statements, we estimate that Mcghee Law Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2019Aug 2018
Turnover31,64381,318
Other Income Or Grants
Cost Of Sales23,47760,760
Gross Profit8,16720,557
Admin Expenses29,022-5,191
Operating Profit-20,85525,748
Interest Payable
Interest Receivable
Pre-Tax Profit-20,85525,748
Tax-4,892
Profit After Tax-20,85520,856
Dividends Paid
Retained Profit-20,85520,856
Employee Costs44,54843,758
Number Of Employees11
EBITDA*-20,85525,748

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2019Aug 2018
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors9,52329,267
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets9,52329,267
total assets9,52329,267
Bank overdraft
Bank loan
Trade Creditors 9,5228,411
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities9,5228,411
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities9,5228,411
net assets120,856
total shareholders funds120,856
Aug 2019Aug 2018
Operating Activities
Operating Profit-20,85525,748
Depreciation
Amortisation
Tax-4,892
Stock
Debtors-19,74429,267
Creditors1,1118,411
Accruals and Deferred Income
Deferred Taxes & Provisions
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
share issue
interest
cash flow from financing
cash and cash equivalents
cash
overdraft
change in cash

mcghee law limited 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 mcghee law limited. Get real-time insights into mcghee law limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Mcghee Law Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for mcghee law limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in CF14 area or any other competitors across 12 key performance metrics.

mcghee law limited Ownership

MCGHEE LAW LIMITED group structure

Mcghee Law Limited has no subsidiary companies.

Ultimate parent company

MCGHEE LAW LIMITED

10897616

MCGHEE LAW LIMITED Shareholders

michael mcghee 100%

mcghee law limited directors

Mcghee Law Limited currently has 1 director, Mr Michael McGhee serving since Aug 2017.

officercountryagestartendrole
Mr Michael McGheeUnited Kingdom42 years Aug 2017- Director

P&L

August 2019

turnover

31.6k

-61%

operating profit

-20.9k

0%

gross margin

25.9%

+2.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2019

net assets

1

-1%

total assets

9.5k

-0.67%

cash

0

0%

net assets

Total assets minus all liabilities

mcghee law limited company details

company number

10897616

Type

Private limited with Share Capital

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

August 2017

age

8

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

August 2019

previous names

N/A

accountant

-

auditor

-

address

10897616: ch default address, cardiff, CF14 8LH

Bank

-

Legal Advisor

-

mcghee law 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 mcghee law limited.

mcghee law 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.

Click to start generating capital raising & share issue transactions for MCGHEE LAW LIMITED. This can take several minutes, an email will notify you when this has completed.

mcghee law limited Companies House Filings - See Documents

datedescriptionview/download