manach limited Company Information
Company Number
NI047280
Next Accounts
Jan 2026
Shareholders
patrick thomas mccormack
julie mc cormack
View AllGroup Structure
View All
Industry
Non-trading company
Registered Address
aisling house, 50 stranmillis embankment, belfast, BT9 5FL
Website
-manach limited Estimated Valuation
Pomanda estimates the enterprise value of MANACH LIMITED at £4.8m based on a Turnover of £7.8m and 0.61x industry multiple (adjusted for size and gross margin).
manach limited Estimated Valuation
Pomanda estimates the enterprise value of MANACH LIMITED at £3.7m based on an EBITDA of £769.2k and a 4.84x industry multiple (adjusted for size and gross margin).
manach limited Estimated Valuation
Pomanda estimates the enterprise value of MANACH LIMITED at £13.8m based on Net Assets of £10.6m and 1.31x industry multiple (adjusted for liquidity).
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Manach Limited Overview
Manach Limited is a live company located in belfast, BT9 5FL with a Companies House number of NI047280. It operates in the non-trading company sector, SIC Code 74990. Founded in July 2003, it's largest shareholder is patrick thomas mccormack with a 50% stake. Manach Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.8m with healthy growth in recent years.
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Manach Limited Health Check
Pomanda's financial health check has awarded Manach 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


7 Strong

1 Regular

4 Weak

Size
annual sales of £7.8m, make it larger than the average company (£3m)
£7.8m - Manach Limited
£3m - Industry AVG

Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.4%)
10% - Manach Limited
7.4% - Industry AVG

Production
with a gross margin of 30.6%, this company has a comparable cost of product (34.3%)
30.6% - Manach Limited
34.3% - Industry AVG

Profitability
an operating margin of 9.1% make it more profitable than the average company (5.4%)
9.1% - Manach Limited
5.4% - Industry AVG

Employees
with 63 employees, this is above the industry average (38)
63 - Manach Limited
38 - Industry AVG

Pay Structure
on an average salary of £57.8k, the company has a higher pay structure (£41.6k)
£57.8k - Manach Limited
£41.6k - Industry AVG

Efficiency
resulting in sales per employee of £124.6k, this is less efficient (£148.9k)
£124.6k - Manach Limited
£148.9k - Industry AVG

Debtor Days
it gets paid by customers after 78 days, this is later than average (38 days)
78 days - Manach Limited
38 days - Industry AVG

Creditor Days
its suppliers are paid after 57 days, this is slower than average (41 days)
57 days - Manach Limited
41 days - Industry AVG

Stock Days
it holds stock equivalent to 21 days, this is less than average (43 days)
21 days - Manach Limited
43 days - Industry AVG

Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (38 weeks)
21 weeks - Manach Limited
38 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 35.7%, this is a lower level of debt than the average (43.8%)
35.7% - Manach Limited
43.8% - Industry AVG
MANACH LIMITED financials

Manach Limited's latest turnover from April 2024 is £7.8 million and the company has net assets of £10.6 million. According to their latest financial statements, Manach Limited has 63 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 7,849,082 | 8,006,557 | 6,425,107 | 5,910,606 | 6,007,089 | 6,267,201 | 5,766,788 | 5,106,960 | 6,225,967 | 5,146,817 | 4,943,870 | 4,495,625 | 4,506,375 | 4,587,378 | 5,987,384 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | 5,447,852 | 5,450,533 | 4,640,502 | 4,555,454 | 4,427,803 | 4,844,565 | 4,237,629 | 3,895,040 | 4,455,022 | 3,506,958 | 3,306,189 | 2,997,407 | 2,999,944 | 3,191,874 | 3,722,077 |
Gross Profit | 2,401,230 | 2,556,024 | 1,784,605 | 1,355,152 | 1,579,286 | 1,422,636 | 1,529,159 | 1,211,920 | 1,770,945 | 1,639,859 | 1,637,681 | 1,498,218 | 1,506,431 | 1,395,504 | 2,265,307 |
Admin Expenses | 1,689,570 | 1,835,191 | 1,197,924 | 1,313,960 | 1,345,473 | 1,172,458 | 1,332,303 | 1,128,254 | 1,697,845 | 1,032,988 | 1,125,906 | 1,155,493 | 1,097,241 | 1,071,235 | 1,155,881 |
Operating Profit | 711,660 | 720,833 | 586,681 | 41,192 | 233,813 | 250,178 | 196,856 | 83,666 | 73,100 | 606,871 | 511,775 | 342,725 | 409,190 | 324,269 | 1,109,426 |
Interest Payable | 843 | 10,416 | 178 | 40 | 534 | 9 | 3,924 | ||||||||
Interest Receivable | 3,817 | 5,085 | 2,818 | 2,039 | 339 | 1,557 | 101 | 482 | 1,107 | 34,855 | 34,103 | 39,769 | 82,769 | 67,819 | |
Pre-Tax Profit | 714,634 | 725,918 | 589,499 | 43,231 | 234,152 | 217,262 | 198,413 | 83,767 | 73,404 | 607,938 | 546,096 | 376,828 | 448,950 | 407,038 | 1,173,321 |
Tax | -262,173 | -259,278 | -65,530 | -20,441 | -67,461 | -117,994 | -119,016 | -38,823 | -36,943 | -151,699 | -144,052 | -125,369 | -146,285 | -147,158 | -362,970 |
Profit After Tax | 452,461 | 466,640 | 523,969 | 22,790 | 166,691 | 99,268 | 79,397 | 44,944 | 36,461 | 456,239 | 402,044 | 251,459 | 302,665 | 259,880 | 810,351 |
Dividends Paid | |||||||||||||||
Retained Profit | 452,461 | 466,640 | 523,969 | 22,790 | 166,691 | 99,268 | 79,397 | 44,944 | 36,461 | 456,239 | 402,044 | 251,459 | 302,665 | 259,880 | 810,351 |
Employee Costs | 3,640,593 | 2,980,320 | 2,756,013 | 2,573,751 | 2,262,482 | 2,089,681 | 1,924,359 | 2,172,945 | 2,875,730 | 1,950,259 | 1,942,398 | 1,840,888 | 1,673,252 | 1,757,557 | 1,797,158 |
Number Of Employees | 63 | 65 | 61 | 59 | 55 | 56 | 52 | 52 | 54 | 55 | 53 | 51 | 51 | 51 | 58 |
EBITDA* | 769,191 | 835,208 | 701,272 | 156,180 | 349,624 | 368,646 | 312,622 | 200,796 | 199,403 | 743,176 | 640,914 | 468,941 | 527,129 | 445,127 | 1,234,230 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,622,950 | 1,616,693 | 1,432,948 | 1,417,047 | 1,245,595 | 1,244,711 | 1,255,498 | 1,235,504 | 1,249,903 | 1,280,141 | 1,029,342 | 1,008,138 | 825,588 | 798,506 | 1,094,908 |
Intangible Assets | -502,299 | -495,231 | -428,379 | -361,527 | -294,675 | -227,823 | 556,602 | 659,333 | 762,064 | 864,795 | 967,526 | 1,070,257 | 1,172,988 | 1,275,719 | 1,378,450 |
Investments & Other | |||||||||||||||
Debtors (Due After 1 year) | |||||||||||||||
Total Fixed Assets | 1,120,651 | 1,121,462 | 1,004,569 | 1,055,520 | 950,920 | 1,016,888 | 1,812,100 | 1,894,837 | 2,011,967 | 2,144,936 | 1,996,868 | 2,078,395 | 1,998,576 | 2,074,225 | 2,473,358 |
Stock & work in progress | 321,744 | 482,365 | 758,695 | 497,848 | 306,206 | 174,185 | 159,489 | 132,053 | 74,790 | 62,464 | 58,175 | 51,024 | 152,979 | 99,036 | 98,356 |
Trade Debtors | 1,683,279 | 1,739,823 | 2,026,258 | 1,482,755 | 1,715,883 | 1,461,230 | 1,416,379 | 2,346,224 | 2,064,662 | 1,631,948 | 1,280,080 | 3,583,458 | 3,367,199 | 2,893,469 | 3,277,975 |
Group Debtors | 10,692,273 | 9,596,801 | 8,885,229 | 8,256,365 | 7,974,680 | 7,522,127 | 7,250,127 | 6,615,127 | 6,083,409 | 6,218,328 | 5,617,115 | 3,267,982 | 3,269,982 | 1,107,583 | 1,107,583 |
Misc Debtors | 142,729 | 231,228 | 76,967 | 75,760 | 111,936 | 41,225 | 58,671 | 160,502 | 120,755 | 23,427 | 15,127 | 8,476 | 189,531 | 28,200 | 26,485 |
Cash | 2,441,230 | 2,147,969 | 2,044,400 | 2,014,761 | 2,102,022 | 1,299,489 | 801,801 | 620,097 | 755,225 | 505,809 | 1,839,658 | 4,470,056 | 2,683,241 | 4,090,683 | 3,907,285 |
misc current assets | |||||||||||||||
total current assets | 15,281,255 | 14,198,186 | 13,791,549 | 12,327,489 | 12,210,727 | 10,498,256 | 9,686,467 | 9,874,003 | 9,098,841 | 8,441,976 | 8,810,155 | 11,380,996 | 9,662,932 | 8,218,971 | 8,417,684 |
total assets | 16,401,906 | 15,319,648 | 14,796,118 | 13,383,009 | 13,161,647 | 11,515,144 | 11,498,567 | 11,768,840 | 11,110,808 | 10,586,912 | 10,807,023 | 13,459,391 | 11,661,508 | 10,293,196 | 10,891,042 |
Bank overdraft | 271,531 | 811,778 | 1,695,210 | 337,325 | 840,567 | 937,288 | |||||||||
Bank loan | |||||||||||||||
Trade Creditors | 862,910 | 879,090 | 1,002,453 | 783,483 | 1,014,173 | 773,780 | 803,846 | 651,210 | 707,059 | 645,330 | 568,939 | 339,263 | 587,833 | 468,948 | 399,508 |
Group/Directors Accounts | 986,777 | 782,825 | 810,815 | 339,048 | 60,337 | 123,565 | 201,816 | 940,863 | 426,009 | 335,482 | 130,635 | 2,670,751 | 2,360,587 | 1,108,113 | 1,125,209 |
other short term finances | |||||||||||||||
hp & lease commitments | |||||||||||||||
other current liabilities | 3,990,501 | 3,534,507 | 3,361,762 | 3,142,970 | 2,988,889 | 1,689,628 | 1,666,231 | 1,428,959 | 1,001,257 | 933,199 | 1,335,130 | 1,199,072 | 1,084,929 | 892,106 | 1,422,431 |
total current liabilities | 5,840,188 | 5,196,422 | 5,175,030 | 4,265,501 | 4,063,399 | 2,586,973 | 2,671,893 | 3,021,032 | 2,405,856 | 1,914,011 | 2,846,482 | 5,904,296 | 4,370,674 | 3,309,734 | 3,884,436 |
loans | |||||||||||||||
hp & lease commitments | |||||||||||||||
Accruals and Deferred Income | |||||||||||||||
other liabilities | |||||||||||||||
provisions | 9,525 | 8,058 | 4,877 | 3,682 | 6,173 | 3,428 | 2,475 | 3,006 | 5,094 | 9,504 | 13,404 | 17,480 | 14,582 | 7,954 | 11,012 |
total long term liabilities | 9,525 | 8,058 | 4,877 | 3,682 | 6,173 | 3,428 | 2,475 | 3,006 | 5,094 | 9,504 | 13,404 | 17,480 | 14,582 | 7,954 | 11,012 |
total liabilities | 5,849,713 | 5,204,480 | 5,179,907 | 4,269,183 | 4,069,572 | 2,590,401 | 2,674,368 | 3,024,038 | 2,410,950 | 1,923,515 | 2,859,886 | 5,921,776 | 4,385,256 | 3,317,688 | 3,895,448 |
net assets | 10,552,193 | 10,115,168 | 9,616,211 | 9,113,826 | 9,092,075 | 8,924,743 | 8,824,199 | 8,744,802 | 8,699,858 | 8,663,397 | 7,947,137 | 7,537,615 | 7,276,252 | 6,975,508 | 6,995,594 |
total shareholders funds | 10,552,193 | 10,115,168 | 9,616,211 | 9,113,826 | 9,092,075 | 8,924,743 | 8,824,199 | 8,744,802 | 8,699,858 | 8,663,397 | 7,947,137 | 7,537,615 | 7,276,252 | 6,975,508 | 6,995,594 |
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | 711,660 | 720,833 | 586,681 | 41,192 | 233,813 | 250,178 | 196,856 | 83,666 | 73,100 | 606,871 | 511,775 | 342,725 | 409,190 | 324,269 | 1,109,426 |
Depreciation | 14,584 | 11,644 | 11,860 | 12,257 | 13,080 | 15,737 | 13,035 | 14,399 | 23,572 | 33,574 | 26,408 | 23,485 | 15,208 | 18,127 | 22,073 |
Amortisation | 42,947 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 | 102,731 |
Tax | -262,173 | -259,278 | -65,530 | -20,441 | -67,461 | -117,994 | -119,016 | -38,823 | -36,943 | -151,699 | -144,052 | -125,369 | -146,285 | -147,158 | -362,970 |
Stock | -160,621 | -276,330 | 260,847 | 191,642 | 132,021 | 14,696 | 27,436 | 57,263 | 12,326 | 4,289 | 7,151 | -101,955 | 53,943 | 680 | 98,356 |
Debtors | 950,429 | 579,398 | 1,173,574 | 12,381 | 777,917 | 299,405 | -396,676 | 853,027 | 395,123 | 961,381 | 52,406 | 33,204 | 2,797,460 | -382,791 | 4,412,043 |
Creditors | -16,180 | -123,363 | 218,970 | -230,690 | 240,393 | -30,066 | 152,636 | -55,849 | 61,729 | 76,391 | 229,676 | -248,570 | 118,885 | 69,440 | 399,508 |
Accruals and Deferred Income | 455,994 | 172,745 | 218,792 | 154,081 | 1,299,261 | 23,397 | 237,272 | 427,702 | 68,058 | -401,931 | 136,058 | 114,143 | 192,823 | -530,325 | 1,422,431 |
Deferred Taxes & Provisions | 1,467 | 3,181 | 1,195 | -2,491 | 2,745 | 953 | -531 | -2,088 | -4,410 | -3,900 | -4,076 | 2,898 | 6,628 | -3,058 | 11,012 |
Cash flow from operations | 158,491 | 325,425 | -359,722 | -147,384 | 914,624 | -69,165 | 952,223 | -378,552 | -119,612 | -703,633 | 798,963 | 280,794 | -2,152,223 | 216,137 | -1,806,188 |
Investing Activities | |||||||||||||||
capital expenditure | -30,660 | 5,999 | -8,000 | -48,830 | -206,035 | -44,858 | 199 | -13,528 | |||||||
Change in Investments | |||||||||||||||
cash flow from investments | -30,660 | 5,999 | -8,000 | -48,830 | -206,035 | -44,858 | 199 | -13,528 | |||||||
Financing Activities | |||||||||||||||
Bank loans | |||||||||||||||
Group/Directors Accounts | 203,952 | -27,990 | 471,767 | 278,711 | -63,228 | -78,251 | -739,047 | 514,854 | 90,527 | 204,847 | -2,540,116 | 310,164 | 1,252,474 | -17,096 | 1,125,209 |
Other Short Term Loans | |||||||||||||||
Long term loans | |||||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||||
other long term liabilities | |||||||||||||||
share issue | |||||||||||||||
interest | 2,974 | 5,085 | 2,818 | 2,039 | 339 | -10,416 | 1,557 | 101 | 304 | 1,067 | 34,321 | 34,103 | 39,760 | 82,769 | 63,895 |
cash flow from financing | 191,490 | 9,412 | 453,001 | 279,711 | -62,248 | -87,391 | -737,490 | 514,955 | 90,831 | 465,935 | -2,498,317 | 354,171 | 1,290,313 | -214,293 | 7,374,347 |
cash and cash equivalents | |||||||||||||||
cash | 293,261 | 103,569 | 29,639 | -87,261 | 802,533 | 497,688 | 181,704 | -135,128 | 249,416 | -1,333,849 | -2,630,398 | 1,786,815 | -1,407,442 | 183,398 | 3,907,285 |
overdraft | -271,531 | 271,531 | -811,778 | -883,432 | 1,357,885 | -503,242 | -96,721 | 937,288 | |||||||
change in cash | 293,261 | 103,569 | 29,639 | -87,261 | 802,533 | 497,688 | 181,704 | 136,403 | -22,115 | -522,071 | -1,746,966 | 428,930 | -904,200 | 280,119 | 2,969,997 |
manach limited Credit Report and Business Information
Manach Limited Competitor Analysis

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manach limited Ownership
MANACH LIMITED group structure
Manach Limited has 1 subsidiary company.
manach limited directors
Manach Limited currently has 2 directors. The longest serving directors include Mr Patrick McCormack (Jul 2003) and Mrs Julie Mc Cormack (Jul 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Patrick McCormack | United Kingdom | 58 years | Jul 2003 | - | Director |
Mrs Julie Mc Cormack | Northern Ireland | 59 years | Jul 2017 | - | Director |
P&L
April 2024turnover
7.8m
-2%
operating profit
711.7k
-1%
gross margin
30.6%
-4.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
10.6m
+0.04%
total assets
16.4m
+0.07%
cash
2.4m
+0.14%
net assets
Total assets minus all liabilities
manach limited company details
company number
NI047280
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
July 2003
age
22
incorporated
UK
ultimate parent company
accounts
Medium Company
last accounts submitted
April 2023
previous names
N/A
accountant
-
auditor
MANEELY MC CANN
address
aisling house, 50 stranmillis embankment, belfast, BT9 5FL
Bank
BANK OF IRELAND
Legal Advisor
REID BLACK DWF (NORTHERN IRELAND) LLP
manach 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 manach limited.
manach limited Capital Raised & Share Issues BETA
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manach limited Companies House Filings - See Documents
date | description | view/download |
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