Construction of other civil engineering projects n.e.c.
Registered Address
13a fernhill road, annaclone, banbridge, co down, BT32 5AF
Website
-
mcavoy contracts ltdEstimated Valuation
£689k
Pomanda estimates the enterprise value of MCAVOY CONTRACTS LTD at £689k based on a Turnover of £3.1m and 0.23x industry multiple (adjusted for size and gross margin).
mcavoy contracts ltdEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of MCAVOY CONTRACTS LTD at £1.7m based on an EBITDA of £595.9k and a 2.92x industry multiple (adjusted for size and gross margin).
mcavoy contracts ltdEstimated Valuation
£7.9m
Pomanda estimates the enterprise value of MCAVOY CONTRACTS LTD at £7.9m based on Net Assets of £4.1m and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mcavoy Contracts LtdOverview
Mcavoy Contracts Ltd is a live company located in banbridge, BT32 5AF with a Companies House number of NI050113. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in March 2004, it's largest shareholder is
noel mcavoy
with a 50% stake. Mcavoy Contracts Ltd is a mature,
small sized company, Pomanda has estimated its turnover at
£3.1m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Mcavoy Contracts Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
1 Regular
7 Weak
Size
annual sales of £3.1m, make it smaller than the average company (£14.2m)
£3.1m - Mcavoy Contracts Ltd
£14.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (10%)
6% - Mcavoy Contracts Ltd
10% - Industry AVG
Production
with a gross margin of 12.2%, this company has a higher cost of product (18.7%)
12.2% - Mcavoy Contracts Ltd
18.7% - Industry AVG
Profitability
an operating margin of 17.5% make it more profitable than the average company (5.9%)
17.5% - Mcavoy Contracts Ltd
5.9% - Industry AVG
Employees
with 28 employees, this is below the industry average (52)
28 - Mcavoy Contracts Ltd
52 - Industry AVG
Pay Structure
on an average salary of £51.8k, the company has an equivalent pay structure (£51.8k)
£51.8k - Mcavoy Contracts Ltd
£51.8k - Industry AVG
Efficiency
resulting in sales per employee of £109k, this is less efficient (£253.9k)
£109k - Mcavoy Contracts Ltd
£253.9k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (53 days)
75 days - Mcavoy Contracts Ltd
53 days - Industry AVG
Creditor Days
its suppliers are paid after 65 days, this is slower than average (36 days)
65 days - Mcavoy Contracts Ltd
36 days - Industry AVG
Stock Days
it holds stock equivalent to 12 days, this is more than average (6 days)
12 days - Mcavoy Contracts Ltd
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 304 weeks, this is more cash available to meet short term requirements (19 weeks)
304 weeks - Mcavoy Contracts Ltd
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.8%, this is a lower level of debt than the average (59.5%)
35.8% - Mcavoy Contracts Ltd
59.5% - Industry AVG
MCAVOY CONTRACTS LTD financials
EXPORT
Mcavoy Contracts Ltd's latest turnover from March 2024 is estimated at £3.1 million and the company has net assets of £4.1 million. According to their latest financial statements, Mcavoy Contracts Ltd has 28 employees and maintains cash reserves of £2.8 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
3,050,701
3,260,575
2,716,074
2,595,455
2,079,294
2,631,955
2,266,685
3,304,227
2,743,056
1,694,496
1,718,626
1,598,013
1,845,906
1,003,387
1,020,806
Other Income Or Grants
Cost Of Sales
2,679,704
2,890,229
2,427,396
2,327,762
1,850,861
2,325,141
1,985,357
2,893,826
2,416,817
1,512,283
1,524,793
1,415,035
1,622,867
878,606
883,798
Gross Profit
370,997
370,345
288,678
267,693
228,433
306,813
281,328
410,401
326,239
182,213
193,833
182,978
223,039
124,781
137,008
Admin Expenses
-163,903
-237,834
-163,165
-168,318
-226,205
-121,614
-66,397
28,939
-48,881
-19,835
13,919
119,951
150,350
44,367
19,277
Operating Profit
534,900
608,179
451,843
436,011
454,638
428,427
347,725
381,462
375,120
202,048
179,914
63,027
72,689
80,414
117,731
Interest Payable
Interest Receivable
102,617
54,240
9,743
1,185
1,072
6,910
5,428
2,939
3,960
1,934
1,245
1,057
1,150
1,036
402
Pre-Tax Profit
637,517
662,419
461,586
437,196
455,710
435,337
353,153
384,401
379,080
203,982
181,158
64,084
73,839
81,450
118,133
Tax
-159,379
-125,860
-87,701
-83,067
-86,585
-82,714
-67,099
-76,880
-75,816
-42,836
-41,666
-15,380
-19,198
-22,806
-33,077
Profit After Tax
478,138
536,559
373,885
354,129
369,125
352,623
286,054
307,521
303,264
161,146
139,492
48,704
54,641
58,644
85,056
Dividends Paid
Retained Profit
478,138
536,559
373,885
354,129
369,125
352,623
286,054
307,521
303,264
161,146
139,492
48,704
54,641
58,644
85,056
Employee Costs
1,450,084
1,315,469
1,156,552
1,130,442
1,116,957
342,438
294,897
390,070
346,138
223,124
218,876
246,450
312,048
168,462
172,980
Number Of Employees
28
27
25
25
25
8
7
10
9
6
6
7
9
5
5
EBITDA*
595,900
669,179
512,843
497,011
515,638
490,561
396,345
429,689
462,524
265,908
271,140
147,203
155,784
178,531
236,105
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
2,879,650
2,575,128
2,355,800
1,915,882
1,599,734
1,360,617
991,668
878,624
719,977
566,947
453,194
419,940
387,335
387,452
Intangible Assets
2,118,734
50,000
100,000
150,000
200,000
Investments & Other
Debtors (Due After 1 year)
175,307
Total Fixed Assets
2,879,650
2,575,128
2,355,800
2,118,734
1,915,882
1,599,734
1,360,617
1,166,975
878,624
719,977
566,947
503,194
519,940
537,335
587,452
Stock & work in progress
92,021
580,000
710,000
758,875
377,909
571,082
226,398
243,200
526,955
553,918
629,895
396,000
587,500
432,989
320,140
Trade Debtors
629,750
550,387
42,181
73,044
79,348
213,365
282,251
115,057
75,587
114,473
217,282
167,442
30,250
77,851
Group Debtors
Misc Debtors
Cash
2,797,712
1,111,520
1,440,948
1,157,303
1,213,348
930,701
912,090
1,259,172
1,091,960
492,092
281,608
216,241
206,525
253,488
160,932
misc current assets
total current assets
3,519,483
2,241,907
2,193,129
1,989,222
1,670,605
1,715,148
1,420,739
1,502,372
1,733,972
1,121,597
1,025,976
829,523
961,467
716,727
558,923
total assets
6,399,133
4,817,035
4,548,929
4,107,956
3,586,487
3,314,882
2,781,356
2,669,347
2,612,596
1,841,574
1,592,923
1,332,717
1,481,407
1,254,062
1,146,375
Bank overdraft
Bank loan
Trade Creditors
478,510
519,405
841,948
805,632
646,214
792,075
754,755
856,188
1,123,786
629,161
636,631
515,174
646,566
429,005
360,977
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
478,510
519,405
841,948
805,632
646,214
792,075
754,755
856,188
1,123,786
629,161
636,631
515,174
646,566
429,005
360,977
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
1,811,642
327,484
273,394
242,622
261,928
266,644
169,136
260,942
321,454
380,889
314,255
324,998
391,000
435,857
449,342
provisions
339,303
339,303
339,303
312,075
259,018
212,943
193,749
116,409
83,841
55,500
45,500
45,500
45,500
51,000
total long term liabilities
1,811,642
666,787
612,697
581,925
574,003
525,662
382,079
454,691
437,863
464,730
369,755
370,498
436,500
481,357
500,342
total liabilities
2,290,152
1,186,192
1,454,645
1,387,557
1,220,217
1,317,737
1,136,834
1,310,879
1,561,649
1,093,891
1,006,386
885,672
1,083,066
910,362
861,319
net assets
4,108,981
3,630,843
3,094,284
2,720,399
2,366,270
1,997,145
1,644,522
1,358,468
1,050,947
747,683
586,537
447,045
398,341
343,700
285,056
total shareholders funds
4,108,981
3,630,843
3,094,284
2,720,399
2,366,270
1,997,145
1,644,522
1,358,468
1,050,947
747,683
586,537
447,045
398,341
343,700
285,056
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
534,900
608,179
451,843
436,011
454,638
428,427
347,725
381,462
375,120
202,048
179,914
63,027
72,689
80,414
117,731
Depreciation
61,000
61,000
61,000
61,000
62,134
48,620
48,227
87,404
63,860
41,226
34,176
33,095
48,117
68,374
Amortisation
61,000
50,000
50,000
50,000
50,000
50,000
Tax
-159,379
-125,860
-87,701
-83,067
-86,585
-82,714
-67,099
-76,880
-75,816
-42,836
-41,666
-15,380
-19,198
-22,806
-33,077
Stock
-487,979
-130,000
-48,875
380,966
-193,173
344,684
-16,802
-283,755
-26,963
-75,977
233,895
-191,500
154,511
112,849
320,140
Debtors
79,363
508,206
-30,863
-6,304
-134,017
-68,886
106,944
60,250
39,470
-38,886
-102,809
49,840
137,192
-47,601
77,851
Creditors
-40,895
-322,543
36,316
159,418
-145,861
37,320
-101,433
-267,598
494,625
-7,470
121,457
-131,392
217,561
68,028
360,977
Accruals and Deferred Income
Deferred Taxes & Provisions
-339,303
27,228
53,057
46,075
19,194
77,340
32,568
28,341
10,000
-5,500
51,000
Cash flow from operations
464,939
-157,430
541,196
225,928
663,439
215,444
156,865
386,056
901,394
358,806
229,845
142,091
62,444
153,005
217,014
Investing Activities
capital expenditure
-365,522
-280,328
-298,066
-263,852
-377,148
-301,251
-417,569
-161,271
-246,051
-216,890
-154,979
-67,430
-65,700
-48,000
-705,826
Change in Investments
cash flow from investments
-365,522
-280,328
-298,066
-263,852
-377,148
-301,251
-417,569
-161,271
-246,051
-216,890
-154,979
-67,430
-65,700
-48,000
-705,826
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
1,484,158
54,090
30,772
-19,306
-4,716
97,508
-91,806
-60,512
-59,435
66,634
-10,743
-66,002
-44,857
-13,485
449,342
share issue
200,000
interest
102,617
54,240
9,743
1,185
1,072
6,910
5,428
2,939
3,960
1,934
1,245
1,057
1,150
1,036
402
cash flow from financing
1,586,775
108,330
40,515
-18,121
-3,644
104,418
-86,378
-57,573
-55,475
68,568
-9,498
-64,945
-43,707
-12,449
649,744
cash and cash equivalents
cash
1,686,192
-329,428
283,645
-56,045
282,647
18,611
-347,082
167,212
599,868
210,484
65,367
9,716
-46,963
92,556
160,932
overdraft
change in cash
1,686,192
-329,428
283,645
-56,045
282,647
18,611
-347,082
167,212
599,868
210,484
65,367
9,716
-46,963
92,556
160,932
mcavoy contracts 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 mcavoy contracts ltd. Get real-time insights into mcavoy contracts ltd's credit score, group structure and payment trends.
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mcavoy contracts ltd Ownership
MCAVOY CONTRACTS LTD group structure
Mcavoy Contracts Ltd has no subsidiary companies.
Ultimate parent company
MCAVOY CONTRACTS LTD
NI050113
MCAVOY CONTRACTS LTD Shareholders
The largest shareholders in Mcavoy Contracts Ltd include Noel Mcavoy and Edward Mcavoy.
noel mcavoy
50%
edward mcavoy
50%
mcavoy contracts ltd directors
Mcavoy Contracts Ltd currently has 2 directors.
The longest serving directors include
Mr Edward McAvoy (Mar 2004) and
Mr Noel McAvoy (Mar 2004).
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
March 2004
age
21
incorporated
UK
ultimate parent company
None
accounts
Unaudited Abridged
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
13a fernhill road, annaclone, banbridge, co down, BT32 5AF
Bank
-
Legal Advisor
-
mcavoy contracts 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 found 6 charges/mortgages relating to mcavoy contracts ltd. Currently there are 3 open charges and 3 have been satisfied in the past.
mcavoy contracts 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.
Click to start generating capital raising & share issue transactions for MCAVOY CONTRACTS LTD. This can take several minutes, an email will notify you when this has completed.
mcavoy contracts ltdCompanies House Filings - See Documents
