mclaughlin & harvey limited
mclaughlin & harvey limited Company Information
Company Number
NI027864
Next Accounts
Mar 2026
Shareholders
mclaughlin & harvey holdings limited
Group Structure
View All
Industry
Construction of commercial buildings
+1Registered Address
15 trench road, mallusk, newtownabbey, co. antrim, BT36 4TY
Website
http://mclh.co.ukmclaughlin & harvey limited Estimated Valuation
Pomanda estimates the enterprise value of MCLAUGHLIN & HARVEY LIMITED at £247.7m based on a Turnover of £664.3m and 0.37x industry multiple (adjusted for size and gross margin).
mclaughlin & harvey limited Estimated Valuation
Pomanda estimates the enterprise value of MCLAUGHLIN & HARVEY LIMITED at £18.7m based on an EBITDA of £4.3m and a 4.32x industry multiple (adjusted for size and gross margin).
mclaughlin & harvey limited Estimated Valuation
Pomanda estimates the enterprise value of MCLAUGHLIN & HARVEY LIMITED at £50.8m based on Net Assets of £29.6m and 1.72x industry multiple (adjusted for liquidity).
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Mclaughlin & Harvey Limited Overview
Mclaughlin & Harvey Limited is a live company located in newtownabbey, BT36 4TY with a Companies House number of NI027864. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in October 1993, it's largest shareholder is mclaughlin & harvey holdings limited with a 100% stake. Mclaughlin & Harvey Limited is a mature, mega sized company, Pomanda has estimated its turnover at £664.3m with unknown growth in recent years.
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Mclaughlin & Harvey Limited Health Check
Pomanda's financial health check has awarded Mclaughlin & Harvey Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £664.3m, make it larger than the average company (£12.8m)
£664.3m - Mclaughlin & Harvey Limited
£12.8m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mclaughlin & Harvey Limited
- - Industry AVG
Production
with a gross margin of 3.2%, this company has a higher cost of product (17.5%)
3.2% - Mclaughlin & Harvey Limited
17.5% - Industry AVG
Profitability
an operating margin of 0.5% make it less profitable than the average company (5.2%)
0.5% - Mclaughlin & Harvey Limited
5.2% - Industry AVG
Employees
with 582 employees, this is above the industry average (42)
582 - Mclaughlin & Harvey Limited
42 - Industry AVG
Pay Structure
on an average salary of £72k, the company has a higher pay structure (£54.7k)
£72k - Mclaughlin & Harvey Limited
£54.7k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£295.6k)
£1.1m - Mclaughlin & Harvey Limited
£295.6k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is near the average (49 days)
43 days - Mclaughlin & Harvey Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (37 days)
22 days - Mclaughlin & Harvey Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 31 days, this is more than average (11 days)
31 days - Mclaughlin & Harvey Limited
11 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is average cash available to meet short term requirements (22 weeks)
20 weeks - Mclaughlin & Harvey Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.3%, this is a higher level of debt than the average (62.7%)
87.3% - Mclaughlin & Harvey Limited
62.7% - Industry AVG
MCLAUGHLIN & HARVEY LIMITED financials
Mclaughlin & Harvey Limited's latest turnover from June 2024 is £664.3 million and the company has net assets of £29.6 million. According to their latest financial statements, Mclaughlin & Harvey Limited has 582 employees and maintains cash reserves of £79.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 664,257,000 | 460,416,000 | 469,089,000 | 272,276,000 | 268,753,000 | 233,853,000 | 267,717,000 | 247,224,000 | 273,772,000 | 195,838,000 | 157,734,328 | 150,584,616 | 197,908,931 | 165,342,349 | 149,233,462 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 642,975,000 | 456,090,000 | 439,630,000 | 258,354,000 | 248,610,000 | 215,125,000 | 253,910,000 | 235,513,000 | 277,124,000 | 190,190,000 | 146,450,130 | 138,468,887 | 190,813,217 | 155,911,947 | 137,583,611 |
| Gross Profit | 21,282,000 | 4,326,000 | 29,459,000 | 13,922,000 | 20,143,000 | 18,728,000 | 13,807,000 | 11,711,000 | -3,352,000 | 5,648,000 | 11,284,198 | 12,115,729 | 7,095,714 | 9,430,402 | 11,649,851 |
| Admin Expenses | 17,888,000 | 13,762,000 | 22,352,000 | 11,522,000 | 13,009,000 | 12,293,000 | 10,020,000 | 9,562,000 | 8,301,000 | 9,556,000 | 9,493,471 | 9,263,647 | 3,901,864 | 6,418,916 | 7,603,993 |
| Operating Profit | 3,394,000 | -9,436,000 | 7,107,000 | 2,400,000 | 7,134,000 | 6,435,000 | 3,787,000 | 2,149,000 | -11,653,000 | -3,908,000 | 1,790,727 | 2,852,082 | 3,193,850 | 3,011,486 | 4,045,858 |
| Interest Payable | 58,000 | 101,000 | 4,000 | 261,000 | 1,000 | 11,000 | 44,000 | 12,000 | 18,710 | 12,074 | 134,238 | 166,808 | 187,336 | ||
| Interest Receivable | 1,676,000 | 191,000 | 176,000 | 354,000 | 251,000 | 197,000 | 238,000 | 40,000 | 175,000 | 543,000 | 1,042,402 | 1,318,090 | 1,301,573 | 1,237,988 | 1,266,433 |
| Pre-Tax Profit | 5,012,000 | -9,245,000 | 7,182,000 | 2,750,000 | 7,124,000 | 6,701,000 | 4,124,000 | 2,659,000 | -11,694,000 | -3,621,000 | 3,214,548 | 4,166,548 | 4,347,610 | 4,085,037 | 5,128,791 |
| Tax | -1,281,000 | 2,745,000 | -701,000 | -609,000 | -1,314,000 | -1,261,000 | -730,000 | -666,000 | 1,997,000 | 706,000 | -625,574 | -1,045,656 | -1,184,330 | -1,208,243 | -1,507,523 |
| Profit After Tax | 3,731,000 | -6,500,000 | 6,481,000 | 2,141,000 | 5,810,000 | 5,440,000 | 3,394,000 | 1,993,000 | -9,697,000 | -2,915,000 | 2,588,974 | 3,120,892 | 3,163,280 | 2,876,794 | 3,621,268 |
| Dividends Paid | 366,000 | 2,249,000 | 2,109,000 | 2,049,000 | 3,863,000 | 7,361,000 | 200,000 | 595,000 | 513,000 | 240,000 | 1,266,667 | 600,000 | 265,000 | 2,600,000 | 100,000 |
| Retained Profit | 3,301,000 | -9,020,000 | 4,206,000 | 152,000 | 1,903,000 | -2,193,000 | 2,940,000 | 1,180,000 | -10,587,000 | -3,601,000 | 940,404 | 2,317,397 | 2,689,511 | 134,954 | 3,329,607 |
| Employee Costs | 41,929,000 | 36,669,000 | 46,783,000 | 30,303,000 | 29,244,000 | 25,657,000 | 22,553,000 | 21,096,000 | 20,845,000 | 20,635,000 | 17,390,835 | 15,537,993 | 14,974,479 | 14,069,851 | 14,364,959 |
| Number Of Employees | 582 | 523 | 486 | 487 | 487 | 465 | 433 | 427 | 436 | 427 | 382 | 354 | 363 | 334 | 363 |
| EBITDA* | 4,335,000 | -8,402,000 | 8,953,000 | 4,092,000 | 8,331,000 | 7,577,000 | 4,891,000 | 3,399,000 | -10,228,000 | -2,450,000 | 2,777,361 | 3,774,337 | 4,106,844 | 4,000,056 | 5,097,694 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,214,000 | 4,977,000 | 4,815,000 | 5,546,000 | 6,384,000 | 5,575,000 | 5,066,000 | 5,218,000 | 5,813,000 | 5,885,000 | 5,933,162 | 5,599,903 | 5,167,644 | 5,262,554 | 5,512,905 |
| Intangible Assets | 108,000 | 85,000 | 132,000 | 445,000 | 251,000 | 160,000 | 320,000 | 480,000 | 640,000 | 800,000 | |||||
| Investments & Other | 2,306,000 | 2,362,000 | 2,633,000 | 2,799,000 | 2,739,000 | 216,000 | 590,000 | 1,035,517 | 1,448,348 | 1,651,818 | 1,860,587 | 2,002,427 | |||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 6,628,000 | 7,424,000 | 7,580,000 | 8,790,000 | 9,374,000 | 5,575,000 | 5,226,000 | 5,538,000 | 6,509,000 | 7,115,000 | 7,768,679 | 7,048,251 | 6,819,462 | 7,123,141 | 7,515,332 |
| Stock & work in progress | 55,262,000 | 61,595,000 | 45,910,000 | 33,692,000 | 27,436,000 | 37,183,000 | 38,614,000 | 34,576,000 | 36,717,000 | 28,408,000 | 17,989,658 | 14,389,355 | 19,259,619 | 24,194,226 | 20,438,996 |
| Trade Debtors | 79,069,000 | 72,295,000 | 38,755,000 | 36,866,000 | 38,808,000 | 39,387,000 | 43,846,000 | 27,705,000 | 29,121,000 | 27,302,000 | 23,573,065 | 18,343,292 | 18,092,948 | 19,962,572 | 18,062,526 |
| Group Debtors | 3,144,000 | 2,548,000 | 3,854,000 | 6,784,000 | 5,787,000 | 5,829,000 | 7,690,000 | 4,715,000 | 12,380,000 | 11,259,000 | 26,312,525 | 26,154,198 | |||
| Misc Debtors | 8,344,000 | 8,422,000 | 4,310,000 | 5,655,000 | 4,646,000 | 4,242,000 | 5,288,000 | 4,005,000 | 4,377,000 | 3,046,000 | 26,701,096 | 27,146,705 | 25,737,172 | 1,161,011 | 1,363,039 |
| Cash | 79,596,000 | 42,588,000 | 36,816,000 | 29,975,000 | 53,401,000 | 42,035,000 | 30,269,000 | 35,684,000 | 36,353,000 | 46,374,000 | 30,452,159 | 39,279,828 | 43,107,296 | 38,507,884 | 33,937,332 |
| misc current assets | |||||||||||||||
| total current assets | 225,415,000 | 187,448,000 | 129,645,000 | 112,972,000 | 130,078,000 | 128,676,000 | 125,707,000 | 106,685,000 | 118,948,000 | 116,389,000 | 98,715,978 | 99,159,180 | 106,197,035 | 110,138,218 | 99,956,091 |
| total assets | 232,043,000 | 194,872,000 | 137,225,000 | 121,762,000 | 139,452,000 | 134,251,000 | 130,933,000 | 112,223,000 | 125,457,000 | 123,504,000 | 106,484,657 | 106,207,431 | 113,016,497 | 117,261,359 | 107,471,423 |
| Bank overdraft | 60,000 | 958,000 | 348,000 | 638,000 | 1,396,000 | 2,145,000 | 836,665 | 628,176 | 2,029,232 | 748,259 | 340,223 | ||||
| Bank loan | 10,000,000 | 10,000,000 | |||||||||||||
| Trade Creditors | 40,433,000 | 35,520,000 | 20,268,000 | 19,763,000 | 18,055,000 | 17,412,000 | 19,527,000 | 20,013,000 | 20,066,000 | 19,043,000 | 15,325,816 | 12,905,450 | 17,840,395 | 10,126,961 | 12,045,411 |
| Group/Directors Accounts | 1,336,000 | 981,000 | 2,804,000 | 71,000 | 269,000 | 308,000 | 496,000 | ||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 160,717,000 | 132,115,000 | 78,877,000 | 70,788,000 | 90,050,000 | 87,364,000 | 80,435,000 | 64,666,000 | 71,519,000 | 64,803,000 | 48,679,594 | 49,195,328 | 54,985,790 | 60,914,570 | 49,749,174 |
| total current liabilities | 202,486,000 | 168,616,000 | 101,949,000 | 90,622,000 | 108,434,000 | 106,042,000 | 100,806,000 | 85,317,000 | 92,981,000 | 85,991,000 | 64,842,075 | 62,728,954 | 74,855,417 | 81,789,790 | 72,134,808 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 6,777,000 | 25,278 | 3,000,000 | ||||||||||||
| total long term liabilities | 6,777,000 | 25,278 | 3,000,000 | ||||||||||||
| total liabilities | 202,486,000 | 168,616,000 | 101,949,000 | 90,622,000 | 108,434,000 | 106,042,000 | 100,806,000 | 85,317,000 | 99,758,000 | 85,991,000 | 64,867,353 | 65,728,954 | 74,855,417 | 81,789,790 | 72,134,808 |
| net assets | 29,557,000 | 26,256,000 | 35,276,000 | 31,140,000 | 31,018,000 | 27,681,000 | 29,871,000 | 26,904,000 | 25,699,000 | 37,513,000 | 41,617,304 | 40,478,477 | 38,161,080 | 35,471,569 | 35,336,615 |
| total shareholders funds | 29,557,000 | 26,256,000 | 35,276,000 | 31,140,000 | 31,018,000 | 27,681,000 | 29,871,000 | 26,904,000 | 25,699,000 | 37,513,000 | 41,617,304 | 40,478,477 | 38,161,080 | 35,471,569 | 35,336,615 |
| Jun 2024 | Jun 2023 | Jun 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 3,394,000 | -9,436,000 | 7,107,000 | 2,400,000 | 7,134,000 | 6,435,000 | 3,787,000 | 2,149,000 | -11,653,000 | -3,908,000 | 1,790,727 | 2,852,082 | 3,193,850 | 3,011,486 | 4,045,858 |
| Depreciation | 871,000 | 978,000 | 1,601,000 | 1,586,000 | 1,193,000 | 982,000 | 944,000 | 1,090,000 | 1,265,000 | 1,298,000 | 986,634 | 922,255 | 912,994 | 988,570 | 1,051,836 |
| Amortisation | 70,000 | 56,000 | 245,000 | 106,000 | 4,000 | 160,000 | 160,000 | 160,000 | 160,000 | 160,000 | |||||
| Tax | -1,281,000 | 2,745,000 | -701,000 | -609,000 | -1,314,000 | -1,261,000 | -730,000 | -666,000 | 1,997,000 | 706,000 | -625,574 | -1,045,656 | -1,184,330 | -1,208,243 | -1,507,523 |
| Stock | -6,333,000 | 15,685,000 | 45,910,000 | 6,256,000 | -9,747,000 | -1,431,000 | 4,038,000 | -2,141,000 | 8,309,000 | 10,418,342 | 3,600,303 | -4,870,264 | -4,934,607 | 3,755,230 | 20,438,996 |
| Debtors | 7,292,000 | 36,346,000 | 46,919,000 | 64,000 | -217,000 | -7,366,000 | 20,399,000 | -9,453,000 | 4,271,000 | -8,667,161 | 4,784,164 | 1,659,877 | -3,605,988 | 1,856,345 | 45,579,763 |
| Creditors | 4,913,000 | 15,252,000 | 20,268,000 | 1,708,000 | 643,000 | -2,115,000 | -486,000 | -53,000 | 1,023,000 | 3,717,184 | 2,420,366 | -4,934,945 | 7,713,434 | -1,918,450 | 12,045,411 |
| Accruals and Deferred Income | 28,602,000 | 53,238,000 | 78,877,000 | -19,262,000 | 2,686,000 | 6,929,000 | 15,769,000 | -6,853,000 | 6,716,000 | 16,123,406 | -515,734 | -5,790,462 | -5,928,780 | 11,165,396 | 49,749,174 |
| Deferred Taxes & Provisions | -6,777,000 | 6,777,000 | -25,278 | -2,974,722 | 3,000,000 | ||||||||||
| Cash flow from operations | 35,610,000 | 10,802,000 | 14,568,000 | -20,391,000 | 20,310,000 | 19,927,000 | -4,993,000 | 644,000 | -6,295,000 | 16,320,131 | -7,302,770 | -1,786,339 | 13,247,763 | 6,427,184 | -634,003 |
| Investing Activities | |||||||||||||||
| capital expenditure | 220,000 | 165,000 | 128,000 | -2,031,027 | -1,259,864 | -742,766 | -720,286 | 453,202 | |||||||
| Change in Investments | -56,000 | -271,000 | 2,633,000 | 60,000 | 2,739,000 | -216,000 | -374,000 | -445,517 | -412,831 | -203,470 | -208,769 | -141,840 | 2,002,427 | ||
| cash flow from investments | 56,000 | 271,000 | -2,633,000 | -60,000 | -2,739,000 | 220,000 | 165,000 | 344,000 | -1,618,196 | -1,056,394 | -533,997 | -578,446 | -1,549,225 | ||
| Financing Activities | |||||||||||||||
| Bank loans | -10,000,000 | 10,000,000 | |||||||||||||
| Group/Directors Accounts | 355,000 | -1,823,000 | 2,804,000 | -198,000 | -39,000 | -188,000 | 496,000 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 1,618,000 | 191,000 | 75,000 | 350,000 | -10,000 | 197,000 | 237,000 | 29,000 | 131,000 | 531,000 | 1,023,692 | 1,306,016 | 1,167,335 | 1,071,180 | 1,079,097 |
| cash flow from financing | 1,973,000 | -1,632,000 | 33,949,000 | 122,000 | 1,385,000 | 12,000 | 760,000 | 54,000 | -1,096,000 | 27,696 | 1,222,115 | 1,306,016 | -8,832,665 | 1,071,180 | 43,086,105 |
| cash and cash equivalents | |||||||||||||||
| cash | 37,008,000 | 5,772,000 | 36,816,000 | -23,426,000 | 11,366,000 | 11,766,000 | -5,415,000 | -669,000 | -10,021,000 | 15,921,841 | -8,827,669 | -3,827,468 | 4,599,412 | 4,570,552 | 33,937,332 |
| overdraft | -60,000 | -898,000 | 610,000 | -290,000 | -758,000 | -749,000 | 1,308,335 | 208,489 | -1,401,056 | 1,280,973 | 408,036 | 340,223 | |||
| change in cash | 37,008,000 | 5,772,000 | 36,816,000 | -23,366,000 | 12,264,000 | 11,156,000 | -5,125,000 | 89,000 | -9,272,000 | 14,613,506 | -9,036,158 | -2,426,412 | 3,318,439 | 4,162,516 | 33,597,109 |
mclaughlin & harvey limited Credit Report and Business Information
Mclaughlin & Harvey Limited Competitor Analysis
Perform a competitor analysis for mclaughlin & harvey limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in BT36 area or any other competitors across 12 key performance metrics.
mclaughlin & harvey limited Ownership
MCLAUGHLIN & HARVEY LIMITED group structure
Mclaughlin & Harvey Limited has 4 subsidiary companies.
Ultimate parent company
1 parent
MCLAUGHLIN & HARVEY LIMITED
NI027864
4 subsidiaries
mclaughlin & harvey limited directors
Mclaughlin & Harvey Limited currently has 7 directors. The longest serving directors include Mr William Cheevers (Oct 1993) and Mr Michael Kieran (Jan 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr William Cheevers | 63 years | Oct 1993 | - | Director | |
| Mr Michael Kieran | Northern Ireland | 59 years | Jan 2009 | - | Director |
| Mr Richard Cheevers | Northern Ireland | 50 years | Jun 2013 | - | Director |
| Mr David O'Neill | Northern Ireland | 54 years | Jan 2015 | - | Director |
| Mr Christopher Collins | Northern Ireland | 45 years | Jan 2016 | - | Director |
| Mr David Turtle | Northern Ireland | 48 years | Jan 2019 | - | Director |
| Mr Daniel Devlin | Northern Ireland | 60 years | Jan 2019 | - | Director |
P&L
June 2024turnover
664.3m
+44%
operating profit
3.4m
-136%
gross margin
3.3%
+240.99%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
29.6m
+0.13%
total assets
232m
+0.19%
cash
79.6m
+0.87%
net assets
Total assets minus all liabilities
mclaughlin & harvey limited company details
company number
NI027864
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
October 1993
age
32
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
June 2024
previous names
mclaughlin & harvey construction limited (July 2000)
sarcon (no. 12) limited (October 1993)
accountant
-
auditor
KPMG
address
15 trench road, mallusk, newtownabbey, co. antrim, BT36 4TY
Bank
BANK OF IRELAND
Legal Advisor
CARSON MCDOWELL LLP
mclaughlin & harvey 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 3 charges/mortgages relating to mclaughlin & harvey limited. Currently there are 2 open charges and 1 have been satisfied in the past.
mclaughlin & harvey 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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mclaughlin & harvey limited Companies House Filings - See Documents
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