murdock builders merchants limited

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murdock builders merchants limited Company Information

Share MURDOCK BUILDERS MERCHANTS LIMITED

Company Number

NI037985

Shareholders

mbm holdings limited

Group Structure

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Industry

Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c

 

Registered Address

unit 7 rampart business park, rampart road greenbank industria, newry, co down, BT34 2QU

murdock builders merchants limited Estimated Valuation

£58.7m

Pomanda estimates the enterprise value of MURDOCK BUILDERS MERCHANTS LIMITED at £58.7m based on a Turnover of £77.6m and 0.76x industry multiple (adjusted for size and gross margin).

murdock builders merchants limited Estimated Valuation

£36m

Pomanda estimates the enterprise value of MURDOCK BUILDERS MERCHANTS LIMITED at £36m based on an EBITDA of £5m and a 7.15x industry multiple (adjusted for size and gross margin).

murdock builders merchants limited Estimated Valuation

£59.7m

Pomanda estimates the enterprise value of MURDOCK BUILDERS MERCHANTS LIMITED at £59.7m based on Net Assets of £23m and 2.59x industry multiple (adjusted for liquidity).

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Murdock Builders Merchants Limited Overview

Murdock Builders Merchants Limited is a live company located in newry, BT34 2QU with a Companies House number of NI037985. It operates in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in February 2000, it's largest shareholder is mbm holdings limited with a 100% stake. Murdock Builders Merchants Limited is a mature, large sized company, Pomanda has estimated its turnover at £77.6m with healthy growth in recent years.

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Murdock Builders Merchants Limited Health Check

Pomanda's financial health check has awarded Murdock Builders Merchants Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £77.6m, make it larger than the average company (£9.6m)

£77.6m - Murdock Builders Merchants Limited

£9.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (7.7%)

6% - Murdock Builders Merchants Limited

7.7% - Industry AVG

production

Production

with a gross margin of 31.3%, this company has a higher cost of product (42.7%)

31.3% - Murdock Builders Merchants Limited

42.7% - Industry AVG

profitability

Profitability

an operating margin of 4.3% make it as profitable than the average company (4.6%)

4.3% - Murdock Builders Merchants Limited

4.6% - Industry AVG

employees

Employees

with 369 employees, this is above the industry average (43)

369 - Murdock Builders Merchants Limited

43 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.8k, the company has a higher pay structure (£29.4k)

£35.8k - Murdock Builders Merchants Limited

£29.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £210.3k, this is more efficient (£168.3k)

£210.3k - Murdock Builders Merchants Limited

£168.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 44 days, this is later than average (14 days)

44 days - Murdock Builders Merchants Limited

14 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 59 days, this is slower than average (39 days)

59 days - Murdock Builders Merchants Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 34 days, this is less than average (99 days)

34 days - Murdock Builders Merchants Limited

99 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 45 weeks, this is more cash available to meet short term requirements (20 weeks)

45 weeks - Murdock Builders Merchants Limited

20 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 37.1%, this is a lower level of debt than the average (57.7%)

37.1% - Murdock Builders Merchants Limited

57.7% - Industry AVG

MURDOCK BUILDERS MERCHANTS LIMITED financials

EXPORTms excel logo

Murdock Builders Merchants Limited's latest turnover from December 2023 is £77.6 million and the company has net assets of £23 million. According to their latest financial statements, Murdock Builders Merchants Limited has 369 employees and maintains cash reserves of £11.1 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover77,597,98387,419,17487,163,89165,221,89268,182,35966,823,36365,199,14155,193,41549,993,16242,893,23537,350,17936,663,85535,951,08733,744,94537,044,723
Other Income Or Grants
Cost Of Sales53,283,03559,801,60158,696,59445,798,87947,210,16346,498,93146,480,03039,509,00336,722,04231,340,66726,912,81326,466,03525,925,63320,329,66827,502,523
Gross Profit24,314,94827,617,57328,467,29719,423,01320,972,19620,324,43218,719,11115,684,41213,271,12011,552,56810,437,36610,197,82010,025,45413,415,2779,542,200
Admin Expenses20,945,99220,917,85220,135,22715,546,98718,143,37316,843,39315,057,57213,891,24611,810,63110,473,0989,616,1839,471,1069,133,18812,643,0159,053,324
Operating Profit3,368,9566,699,7218,332,0703,876,0262,828,8233,481,0393,661,5391,793,1661,460,4891,079,470821,183726,714892,266772,262488,876
Interest Payable54,62998,645127,667146,069274,268271,607261,670241,647219,088206,261137,34846,29774,42383,19591,467
Interest Receivable524,361116,64837,88239,82869,38184,44683,81782,710
Pre-Tax Profit3,838,6886,717,7248,242,2853,769,7852,623,9363,293,8783,483,6861,634,2291,241,401873,209683,835687,431836,655698,341397,409
Tax-427,544-635,075-842,0635,859-161,108-451,490-511,039-341,901-202,887-183,952-148,715-61,312-75,586-39,15030,194
Profit After Tax3,411,1446,082,6497,400,2223,775,6442,462,8282,842,3882,972,6471,292,3281,038,514689,257535,120626,119761,069659,191427,603
Dividends Paid626,7313,075,3751,057,4441,154,000834,000500,000300,000270,000
Retained Profit2,784,4133,007,2746,342,7782,621,6441,628,8282,342,3882,672,6471,022,3281,038,514-6,217,849535,120626,119761,069659,191427,603
Employee Costs13,212,19713,449,68212,340,3579,611,60610,984,88810,083,9649,877,5218,108,5687,353,1336,439,8825,778,0775,875,9955,592,5555,597,8755,469,136
Number Of Employees369374364355370351338296248220190185178190184
EBITDA*5,036,7508,308,2399,862,0925,471,5214,452,5874,924,9084,577,7872,448,1381,972,2691,423,6231,313,3551,141,7781,351,9841,273,985889,359

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets4,826,2274,394,8474,223,4143,984,9845,142,4385,687,3075,703,6432,182,7041,754,5341,482,485883,012872,5951,033,7751,132,2761,534,925
Intangible Assets
Investments & Other10,00010,00010,00010,000
Debtors (Due After 1 year)
Total Fixed Assets4,826,2274,394,8474,223,4143,984,9845,152,4385,697,3075,713,6432,192,7041,754,5341,482,485883,012872,5951,033,7751,132,2761,534,925
Stock & work in progress5,022,8196,208,20511,524,8057,436,9045,702,7498,057,5716,414,9385,459,9733,642,1063,676,4082,885,1072,842,1103,102,4793,839,6852,814,871
Trade Debtors9,548,1549,710,81810,792,26510,177,1289,851,69410,140,99610,028,6869,173,2747,770,3386,941,7196,426,8496,247,3645,918,2665,085,6115,893,746
Group Debtors3,058,7492,910,9413,018,445913,6791,807,1742,483,3382,362,7906,040,770107,305
Misc Debtors3,048,6453,095,7392,807,9003,644,2603,051,7162,988,2012,490,5384,654,7882,925,3941,667,1891,308,9552,859,1441,684,7391,019,4191,198,284
Cash11,126,5527,609,4673,780,0628,056,2593,191,1072,941,2122,949,1941,343,5961,591,3671,263,892939,2971,560,9941,540,55114,989136,646
misc current assets54,172
total current assets31,804,91929,535,17031,923,47730,228,23023,604,44026,611,31824,300,31820,631,63115,929,20513,549,20817,600,97813,509,61212,246,0359,959,70410,150,852
total assets36,631,14633,930,01736,146,89134,213,21428,756,87832,308,62530,013,96122,824,33517,683,73915,031,69318,483,99014,382,20713,279,81011,091,98011,685,777
Bank overdraft1,100,0001,100,0001,100,000840,2893,697,5752,052,8061,766,2024,554,996827,076606,2921,287,934582,519
Bank loan1,100,000982,6004,177,184
Trade Creditors 8,667,4648,690,54611,023,05113,619,20810,036,69912,044,92211,156,02110,622,0908,164,9957,734,4376,700,0076,576,6476,386,0194,440,2525,291,721
Group/Directors Accounts30,977492,624322,32954,798860,261
other short term finances
hp & lease commitments446,532461,539755,2131,030,1091,159,9301,114,845844,957488,140426,757271,056103,099158,347187,333277,554395,919
other current liabilities3,494,7583,690,9994,957,6654,824,7872,980,2043,716,4523,887,5843,169,9202,574,1162,171,8571,634,3411,471,8921,315,8261,100,457988,603
total current liabilities12,608,75412,843,08417,835,92920,605,08115,769,45719,138,83720,623,53516,332,95612,932,07014,732,34612,614,6319,033,9628,495,4707,106,1978,119,023
loans280,9481,380,9482,785,0004,350,0003,037,5004,020,1003,386,800216,000
hp & lease commitments417,879414,151434,0201,069,3461,501,1871,831,6461,556,532751,951620,552391,46763,99678,002140,216102,728342,890
Accruals and Deferred Income
other liabilities
provisions556,185408,867339,353243,976409,015324,751475,39170,972118,289104,366
total long term liabilities974,064823,0181,054,3212,694,2704,695,2026,506,3975,069,4234,843,0234,125,641711,83363,99678,002140,216102,728342,890
total liabilities13,582,81813,666,10218,890,25023,299,35120,464,65925,645,23425,692,95821,175,97917,057,71115,444,17912,678,6279,111,9648,635,6867,208,9258,461,913
net assets23,048,32820,263,91517,256,64110,913,8638,292,2196,663,3914,321,0031,648,356626,028-412,4865,805,3635,270,2434,644,1243,883,0553,223,864
total shareholders funds23,048,32820,263,91517,256,64110,913,8638,292,2196,663,3914,321,0031,648,356626,028-412,4865,805,3635,270,2434,644,1243,883,0553,223,864
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,368,9566,699,7218,332,0703,876,0262,828,8233,481,0393,661,5391,793,1661,460,4891,079,470821,183726,714892,266772,262488,876
Depreciation1,667,7941,608,5181,530,0221,595,4951,623,7641,443,869916,248634,972511,780344,153492,172415,064459,718501,723400,483
Amortisation20,000
Tax-427,544-635,075-842,0635,859-161,108-451,490-511,039-341,901-202,887-183,952-148,715-61,312-75,586-39,15030,194
Stock-1,185,386-5,316,6004,087,9011,734,155-2,354,8221,642,633954,9651,817,867-34,302791,30142,997-260,369-737,2061,024,8142,814,871
Debtors-61,950-901,1121,883,54324,483-901,951730,5211,053,9523,132,3302,086,824-5,167,6664,670,0661,503,5031,497,975-1,094,3057,199,335
Creditors-23,082-2,332,505-2,596,1573,582,509-2,008,223888,901533,9312,457,095430,5581,034,430123,360190,6281,945,767-851,4695,291,721
Accruals and Deferred Income-196,241-1,266,666132,8781,844,583-736,248-171,132717,664595,804402,259537,516162,449156,066215,369111,854988,603
Deferred Taxes & Provisions147,31869,51495,377-165,03984,264-150,640404,419-47,31713,923104,366
Cash flow from operations5,784,53710,361,219680,6838,980,7954,888,0452,667,3933,713,845161,622563,6007,292,348-3,262,614184,0262,676,765564,711-2,814,329
Investing Activities
capital expenditure-1,362,697-3,249,139-1,070,152-69,584-71,556-380,393-253,884-361,217-99,074-1,935,408
Change in Investments-10,00010,000
cash flow from investments10,000-1,362,697-3,249,139-1,080,152-69,584-71,556-380,393-253,884-361,217-99,074-1,935,408
Financing Activities
Bank loans-1,100,000117,400982,600-4,177,1844,177,184
Group/Directors Accounts-30,977-461,647170,295267,53154,798-860,261860,261
Other Short Term Loans
Long term loans-280,948-1,100,000-1,404,052-1,565,0001,312,500-982,600633,3003,170,800216,000
Hire Purchase and Lease Commitments-11,279-313,543-910,222-561,662-285,374545,0021,161,398192,782384,786495,428-69,254-91,200-52,733-358,527738,809
other long term liabilities
share issue2,796,261
interest469,73218,003-89,785-106,241-204,887-187,161-177,853-158,937-219,088-206,261-137,348-46,297-74,423-83,195-91,467
cash flow from financing458,453-576,488-2,130,984-2,533,602-2,984,9662,055,2721,038,343667,1453,336,498-3,672,0173,970,582-137,497-127,156-1,301,9834,303,864
cash and cash equivalents
cash3,517,0853,829,405-4,276,1974,865,152249,895-7,9821,605,598-247,771327,475324,595-621,69720,4431,525,562-121,657136,646
overdraft-1,100,000259,711-2,857,2861,644,769286,604-2,788,7944,554,996-827,076220,784-681,642705,415582,519
change in cash3,517,0854,929,405-4,276,1974,865,152-9,8162,849,304-39,171-534,3753,116,269-4,230,401205,379-200,3412,207,204-827,072-445,873

murdock builders merchants limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Murdock Builders Merchants Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for murdock builders merchants limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other large companies, companies in BT34 area or any other competitors across 12 key performance metrics.

murdock builders merchants limited Ownership

MURDOCK BUILDERS MERCHANTS LIMITED group structure

Murdock Builders Merchants Limited has no subsidiary companies.

Ultimate parent company

MPBM HOLDINGS LTD

#0126170

MBM HOLDINGS LTD

#0097744

2 parents

MURDOCK BUILDERS MERCHANTS LIMITED

NI037985

MURDOCK BUILDERS MERCHANTS LIMITED Shareholders

mbm holdings limited 100%

murdock builders merchants limited directors

Murdock Builders Merchants Limited currently has 7 directors. The longest serving directors include Mr Ciaran Murdock (Feb 2000) and Mr Gerry Conway (Dec 2011).

officercountryagestartendrole
Mr Ciaran Murdock61 years Feb 2000- Director
Mr Gerry Conway58 years Dec 2011- Director
Mr Ciaran MurdockScotland61 years Feb 2018- Director
Mr Kevin MurdockNorthern Ireland58 years Feb 2018- Director
Mr James HigginsNorthern Ireland54 years Jun 2021- Director
Mr Martin Farrell52 years Nov 2023- Director
Mr Peter Kelly45 years Jun 2024- Director

P&L

December 2023

turnover

77.6m

-11%

operating profit

3.4m

-50%

gross margin

31.4%

-0.82%

turnover

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

Balance Sheet

December 2023

net assets

23m

+0.14%

total assets

36.6m

+0.08%

cash

11.1m

+0.46%

net assets

Total assets minus all liabilities

murdock builders merchants limited company details

company number

NI037985

Type

Private limited with Share Capital

industry

47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c

incorporation date

February 2000

age

25

incorporated

UK

ultimate parent company

MPBM HOLDINGS LTD

accounts

Full Accounts

last accounts submitted

December 2023

previous names

murdock distribution limited (February 2000)

accountant

-

auditor

UHY FARRELLY DAWE WHITE LIMITED

address

unit 7 rampart business park, rampart road greenbank industria, newry, co down, BT34 2QU

Bank

ALLIED IRISH BANK

Legal Advisor

MILLS SELIG

murdock builders merchants 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 murdock builders merchants limited. Currently there are 3 open charges and 0 have been satisfied in the past.

murdock builders merchants 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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murdock builders merchants limited Companies House Filings - See Documents

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