Pomanda estimates the enterprise value of MCGHIE ENGINEERING LTD at £51.3k based on a Turnover of £115k and 0.45x industry multiple (adjusted for size and gross margin).
mcghie engineering ltdEstimated Valuation
£39.6k
Pomanda estimates the enterprise value of MCGHIE ENGINEERING LTD at £39.6k based on an EBITDA of £10.5k and a 3.76x industry multiple (adjusted for size and gross margin).
mcghie engineering ltdEstimated Valuation
£20.7k
Pomanda estimates the enterprise value of MCGHIE ENGINEERING LTD at £20.7k based on Net Assets of £7.5k and 2.76x industry multiple (adjusted for liquidity).
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Mcghie Engineering LtdOverview
Mcghie Engineering Ltd is a live company located in london, SE28 8HA with a Companies House number of 11253967. It operates in the plumbing, heat and air-conditioning installation sector, SIC Code 43220. Founded in March 2018, it's largest shareholder is
jason mcghie
with a 100% stake. Mcghie Engineering Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£115k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mcghie Engineering Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
1 Strong
4 Regular
4 Weak
Size
annual sales of £115k, make it smaller than the average company (£381.8k)
£115k - Mcghie Engineering Ltd
£381.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (11.5%)
5% - Mcghie Engineering Ltd
11.5% - Industry AVG
Production
with a gross margin of 29.5%, this company has a comparable cost of product (29.5%)
29.5% - Mcghie Engineering Ltd
29.5% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (5.7%)
8.6% - Mcghie Engineering Ltd
5.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
1 - Mcghie Engineering Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)
£32.9k - Mcghie Engineering Ltd
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £115k, this is equally as efficient (£115k)
£115k - Mcghie Engineering Ltd
£115k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mcghie Engineering Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Mcghie Engineering Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mcghie Engineering Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 23 weeks, this is average cash available to meet short term requirements (20 weeks)
23 weeks - Mcghie Engineering Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.5%, this is a higher level of debt than the average (63.8%)
92.5% - Mcghie Engineering Ltd
63.8% - Industry AVG
MCGHIE ENGINEERING LTD financials
EXPORT
Mcghie Engineering Ltd's latest turnover from March 2024 is estimated at £115 thousand and the company has net assets of £7.5 thousand. According to their latest financial statements, Mcghie Engineering Ltd has 1 employee and maintains cash reserves of £38.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Turnover
114,963
115,675
110,678
99,704
106,703
Other Income Or Grants
Cost Of Sales
81,000
83,638
77,711
70,154
73,251
Gross Profit
33,963
32,037
32,967
29,550
33,452
Admin Expenses
24,115
30,626
31,795
45,859
24,089
-11,325
Operating Profit
9,848
1,411
1,172
-16,309
9,363
11,325
Interest Payable
1,533
1,807
1,337
610
Interest Receivable
1,468
575
149
23
30
164
Pre-Tax Profit
9,783
179
-17
-16,896
9,393
11,489
Tax
-2,446
-34
-1,785
-2,183
Profit After Tax
7,337
145
-17
-16,896
7,608
9,306
Dividends Paid
Retained Profit
7,337
145
-17
-16,896
7,608
9,306
Employee Costs
32,867
33,593
33,908
32,564
34,906
Number Of Employees
1
1
1
1
1
EBITDA*
10,541
2,392
1,872
-15,902
9,889
11,325
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Tangible Assets
1,093
1,786
1,167
695
1,577
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,093
1,786
1,167
695
1,577
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
60,486
57,895
27,622
29,569
29,716
2,644
Cash
38,465
17,445
9,630
30,058
15,753
43,813
misc current assets
21,228
total current assets
98,951
75,340
58,480
59,627
45,469
46,457
total assets
100,044
77,126
59,647
60,322
47,046
46,457
Bank overdraft
4,000
4,000
19,628
20,000
Bank loan
Trade Creditors
Group/Directors Accounts
4,891
127
7,946
other short term finances
hp & lease commitments
other current liabilities
80,932
61,351
40,017
35,412
30,004
29,204
total current liabilities
84,932
65,351
59,645
60,303
30,131
37,150
loans
7,628
11,628
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
7,628
11,628
total liabilities
92,560
76,979
59,645
60,303
30,131
37,150
net assets
7,484
147
2
19
16,915
9,307
total shareholders funds
7,484
147
2
19
16,915
9,307
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Operating Activities
Operating Profit
9,848
1,411
1,172
-16,309
9,363
11,325
Depreciation
693
981
700
407
526
Amortisation
Tax
-2,446
-34
-1,785
-2,183
Stock
Debtors
2,591
30,273
-1,947
-147
27,072
2,644
Creditors
Accruals and Deferred Income
19,581
21,334
4,605
5,408
800
29,204
Deferred Taxes & Provisions
Cash flow from operations
25,085
-6,581
8,424
-10,347
-18,168
35,702
Investing Activities
capital expenditure
-1,600
-1,172
475
-2,103
Change in Investments
cash flow from investments
-1,600
-1,172
475
-2,103
Financing Activities
Bank loans
Group/Directors Accounts
-4,891
4,764
-7,819
7,946
Other Short Term Loans
Long term loans
-4,000
11,628
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
-65
-1,232
-1,188
-587
30
164
cash flow from financing
-4,065
10,396
-6,079
4,177
-7,789
8,111
cash and cash equivalents
cash
21,020
7,815
-20,428
14,305
-28,060
43,813
overdraft
-15,628
-372
20,000
change in cash
21,020
23,443
-20,056
-5,695
-28,060
43,813
mcghie engineering 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 mcghie engineering ltd. Get real-time insights into mcghie engineering ltd's credit score, group structure and payment trends.
Perform a competitor analysis for mcghie engineering ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SE28 area or any other competitors across 12 key performance metrics.
mcghie engineering ltd Ownership
MCGHIE ENGINEERING LTD group structure
Mcghie Engineering Ltd has no subsidiary companies.
Ultimate parent company
MCGHIE ENGINEERING LTD
11253967
MCGHIE ENGINEERING LTD Shareholders
The sole shareholder of Mcghie Engineering Ltd is Jason Mcghie.
jason mcghie
100%
mcghie engineering ltd directors
Mcghie Engineering Ltd currently has 1 director, Mr Jason McGhie serving since Mar 2018.
43220 - Plumbing, heat and air-conditioning installation
incorporation date
March 2018
age
7
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
15 glendale way, london, SE28 8HA
Bank
-
Legal Advisor
-
mcghie engineering 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 mcghie engineering ltd.
mcghie engineering 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.
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mcghie engineering ltdCompanies House Filings - See Documents
