gmc developments limited Company Information
Company Number
NI045294
Website
gmcraig.comRegistered Address
6 main street, camlough, newry, BT35 7JG
Industry
Construction of other civil engineering projects n.e.c.
Telephone
441289304409
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
mr james hughes 25%
mr ciaran joseph hughes 25%
View Allgmc developments limited Estimated Valuation
Pomanda estimates the enterprise value of GMC DEVELOPMENTS LIMITED at £749.1k based on a Turnover of £3.6m and 0.21x industry multiple (adjusted for size and gross margin).
gmc developments limited Estimated Valuation
Pomanda estimates the enterprise value of GMC DEVELOPMENTS LIMITED at £287.9k based on an EBITDA of £103.4k and a 2.79x industry multiple (adjusted for size and gross margin).
gmc developments limited Estimated Valuation
Pomanda estimates the enterprise value of GMC DEVELOPMENTS LIMITED at £277.2k based on Net Assets of £158k and 1.76x industry multiple (adjusted for liquidity).
Gmc Developments Limited AI Business Plan
In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.
Gmc Developments Limited Overview
Gmc Developments Limited is a live company located in newry, BT35 7JG with a Companies House number of NI045294. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in January 2003, it's largest shareholder is mr james hughes with a 25% stake. Gmc Developments Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Gmc Developments Limited Health Check
Pomanda's financial health check has awarded Gmc Developments Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£13.1m)
- Gmc Developments Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (5.6%)
- Gmc Developments Limited
5.6% - Industry AVG
Production
with a gross margin of 10.6%, this company has a higher cost of product (16.3%)
- Gmc Developments Limited
16.3% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (4.4%)
- Gmc Developments Limited
4.4% - Industry AVG
Employees
with 8 employees, this is below the industry average (53)
- Gmc Developments Limited
53 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Gmc Developments Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £452.4k, this is more efficient (£250.6k)
- Gmc Developments Limited
£250.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (57 days)
- Gmc Developments Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 162 days, this is slower than average (41 days)
- Gmc Developments Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Gmc Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (20 weeks)
4 weeks - Gmc Developments Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.3%, this is a higher level of debt than the average (62.4%)
93.3% - Gmc Developments Limited
62.4% - Industry AVG
gmc developments limited Credit Report and Business Information
Gmc Developments Limited Competitor Analysis
Perform a competitor analysis for gmc developments limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
gmc developments limited Ownership
GMC DEVELOPMENTS LIMITED group structure
Gmc Developments Limited has no subsidiary companies.
Ultimate parent company
GMC DEVELOPMENTS LIMITED
NI045294
gmc developments limited directors
Gmc Developments Limited currently has 4 directors. The longest serving directors include Mr Ciaran Hughes (Jan 2003) and Mr Gerard Hughes (Jan 2003).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Ciaran Hughes | United Kingdom | 41 years | Jan 2003 | - | Director |
Mr Gerard Hughes | Northern Ireland | 42 years | Jan 2003 | - | Director |
Mr Micheal Hughes | United Kingdom | 43 years | Jan 2003 | - | Director |
Mr James Hughes | Northern Ireland | 36 years | Mar 2007 | - | Director |
GMC DEVELOPMENTS LIMITED financials
Gmc Developments Limited's latest turnover from December 2022 is estimated at £3.6 million and the company has net assets of £158 thousand. According to their latest financial statements, we estimate that Gmc Developments Limited has 8 employees and maintains cash reserves of £129.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2022 | Dec 2021 | 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 | ||||||||||||||
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 | ||||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022 | Dec 2021 | 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 | 2,231,864 | 2,217,307 | 63,734 | 300,866 | 1,192,738 | 178,560 | 0 | 0 | 160,000 | 60,000 | 250,000 | 250,000 | 250,000 | 250,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 2,170,517 | 1,494,278 | 0 | 0 | 186,000 | 186,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 2,231,864 | 2,217,307 | 2,234,251 | 1,795,144 | 1,192,738 | 178,560 | 186,000 | 186,000 | 160,000 | 60,000 | 250,000 | 250,000 | 250,000 | 250,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 250,000 | 250,000 | 250,000 | 250,000 | 250,000 | 0 | 0 | 0 | 0 |
Trade Debtors | 11,477 | 13,916 | 8,742 | 9,024 | 66,945 | 0 | 0 | 0 | 674 | 296 | 279 | 251 | 0 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 674 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 129,213 | 87,470 | 59,541 | 90,289 | 55,216 | 11,789 | 33,433 | 24,578 | 60,608 | 7,030 | 11,392 | 6,151 | 10,996 | 9,035 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 140,690 | 101,386 | 68,283 | 99,313 | 122,161 | 261,789 | 283,433 | 275,252 | 311,282 | 257,326 | 11,671 | 6,402 | 10,996 | 9,035 |
total assets | 2,372,554 | 2,318,693 | 2,302,534 | 1,894,457 | 1,314,899 | 440,349 | 469,433 | 461,252 | 471,282 | 317,326 | 261,671 | 256,402 | 260,996 | 259,035 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 8,700 | 9,231 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 1,440,218 | 1,404,567 | 1,404,531 | 1,111,137 | 858,840 | 488,943 | 0 | 0 | 470,780 | 156,626 | 1,000 | 0 | 0 | 207,853 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 474,456 | 466,430 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,440,218 | 1,404,567 | 1,404,531 | 1,111,137 | 858,840 | 488,943 | 483,156 | 475,661 | 470,780 | 156,626 | 1,000 | 0 | 0 | 207,853 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 23,440 | 31,609 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 774,371 | 829,250 | 883,968 | 938,018 | 546,425 | 12,113 | 0 | 0 | 50,071 | 206,640 | 297,066 | 298,026 | 298,226 | 93,368 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 774,371 | 829,250 | 883,968 | 938,018 | 546,425 | 12,113 | 23,440 | 31,609 | 50,071 | 206,640 | 297,066 | 298,026 | 298,226 | 93,368 |
total liabilities | 2,214,589 | 2,233,817 | 2,288,499 | 2,049,155 | 1,405,265 | 501,056 | 506,596 | 507,270 | 520,851 | 363,266 | 298,066 | 298,026 | 298,226 | 301,221 |
net assets | 157,965 | 84,876 | 14,035 | -154,698 | -90,366 | -60,707 | -37,163 | -46,018 | -49,569 | -45,940 | -36,395 | -41,624 | -37,230 | -42,186 |
total shareholders funds | 157,965 | 84,876 | 14,035 | -154,698 | -90,366 | -60,707 | -37,163 | -46,018 | -49,569 | -45,940 | -36,395 | -41,624 | -37,230 | -42,186 |
Dec 2022 | Dec 2021 | 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 | ||||||||||||||
Depreciation | 16,943 | 18,370 | 92,212 | 66,167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | ||||||||||||||
Stock | 0 | 0 | 0 | 0 | -250,000 | 0 | 0 | 0 | 0 | 250,000 | 0 | 0 | 0 | 0 |
Debtors | -2,439 | 5,174 | -282 | -57,921 | 66,945 | 0 | -674 | 0 | 378 | 17 | 28 | 251 | 0 | 0 |
Creditors | 35,651 | 36 | 293,394 | 252,297 | 369,897 | 488,943 | 0 | -470,780 | 314,154 | 155,626 | 1,000 | 0 | -207,853 | 207,853 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | -474,456 | 8,026 | 466,430 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | -2,170,517 | 676,239 | 1,494,278 | 0 | -186,000 | 0 | 186,000 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | -23,440 | -8,169 | 31,609 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -54,879 | -54,718 | -54,050 | 391,593 | 534,312 | 12,113 | 0 | -50,071 | -156,569 | -90,426 | -960 | -200 | 204,858 | 93,368 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 41,743 | 27,929 | -30,748 | 35,073 | 43,427 | -21,644 | 8,855 | -36,030 | 53,578 | -4,362 | 5,241 | -4,845 | 1,961 | 9,035 |
overdraft | 0 | 0 | 0 | 0 | 0 | -8,700 | -531 | 9,231 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 41,743 | 27,929 | -30,748 | 35,073 | 43,427 | -12,944 | 9,386 | -45,261 | 53,578 | -4,362 | 5,241 | -4,845 | 1,961 | 9,035 |
P&L
December 2022turnover
3.6m
+16%
operating profit
86.4k
0%
gross margin
10.7%
+6.4%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
158k
+0.86%
total assets
2.4m
+0.02%
cash
129.2k
+0.48%
net assets
Total assets minus all liabilities
gmc developments limited company details
company number
NI045294
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
January 2003
age
21
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
incorporated
UK
address
6 main street, camlough, newry, BT35 7JG
last accounts submitted
December 2022
gmc developments 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 gmc developments limited.
gmc developments limited Companies House Filings - See Documents
date | description | view/download |
---|