47 drumenny road, coagh, cookstown, county tyrone, BT80 0BY
Website
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micran joinery limitedEstimated Valuation
£1.2m
Pomanda estimates the enterprise value of MICRAN JOINERY LIMITED at £1.2m based on a Turnover of £2.4m and 0.51x industry multiple (adjusted for size and gross margin).
micran joinery limitedEstimated Valuation
£774.5k
Pomanda estimates the enterprise value of MICRAN JOINERY LIMITED at £774.5k based on an EBITDA of £193.4k and a 4x industry multiple (adjusted for size and gross margin).
micran joinery limitedEstimated Valuation
£772.5k
Pomanda estimates the enterprise value of MICRAN JOINERY LIMITED at £772.5k based on Net Assets of £546.7k and 1.41x industry multiple (adjusted for liquidity).
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Micran Joinery LimitedOverview
Micran Joinery Limited is a live company located in cookstown, BT80 0BY with a Companies House number of NI606877. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2011, it's largest shareholder is
michael mccracken
with a 50% stake. Micran Joinery Limited is a established,
small sized company, Pomanda has estimated its turnover at
£2.4m with
declining
growth in recent years.
Pomanda's financial health check has awarded Micran Joinery Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
4 Strong
5 Regular
3 Weak
Size
annual sales of £2.4m, make it in line with the average company (£2.2m)
£2.4m - Micran Joinery Limited
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (3.5%)
-2% - Micran Joinery Limited
3.5% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
26.4% - Micran Joinery Limited
26.4% - Industry AVG
Profitability
an operating margin of 7% make it as profitable than the average company (6.9%)
7% - Micran Joinery Limited
6.9% - Industry AVG
Employees
with 10 employees, this is above the industry average (6)
10 - Micran Joinery Limited
6 - Industry AVG
Pay Structure
on an average salary of £47.7k, the company has an equivalent pay structure (£47.7k)
£47.7k - Micran Joinery Limited
£47.7k - Industry AVG
Efficiency
resulting in sales per employee of £240.2k, this is equally as efficient (£275.1k)
£240.2k - Micran Joinery Limited
£275.1k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (28 days)
53 days - Micran Joinery Limited
28 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (30 days)
17 days - Micran Joinery Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 29 days, this is less than average (161 days)
29 days - Micran Joinery Limited
161 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 58 weeks, this is more cash available to meet short term requirements (13 weeks)
58 weeks - Micran Joinery Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 41.3%, this is a lower level of debt than the average (72.8%)
41.3% - Micran Joinery Limited
72.8% - Industry AVG
MICRAN JOINERY LIMITED financials
EXPORT
Micran Joinery Limited's latest turnover from September 2023 is estimated at £2.4 million and the company has net assets of £546.7 thousand. According to their latest financial statements, Micran Joinery Limited has 10 employees and maintains cash reserves of £303 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Turnover
2,401,698
1,648,286
1,612,554
2,554,239
2,731,673
2,067,194
1,962,785
1,832,725
1,815,342
1,111,382
1,368,833
1,103,766
Other Income Or Grants
Cost Of Sales
1,767,752
1,232,587
1,231,289
1,919,588
1,986,147
1,466,474
1,370,502
1,287,823
1,289,714
797,406
969,512
795,237
Gross Profit
633,946
415,699
381,265
634,651
745,525
600,720
592,283
544,902
525,627
313,976
399,321
308,529
Admin Expenses
464,687
185,048
272,535
661,847
720,791
602,278
567,867
523,919
463,104
286,075
445,958
140,743
Operating Profit
169,259
230,651
108,730
-27,196
24,734
-1,558
24,416
20,983
62,523
27,901
-46,637
167,786
Interest Payable
10,865
10,454
4,282
14,603
20,682
7,926
2,297
Interest Receivable
19,907
8,159
166
90
1,648
1,492
119
47
70
38
72
57
Pre-Tax Profit
178,301
228,357
104,614
-27,106
11,779
-20,747
16,610
18,733
62,593
27,939
-46,565
167,843
Tax
-44,575
-43,388
-19,877
-2,238
-3,156
-3,746
-12,518
-5,867
-40,282
Profit After Tax
133,726
184,969
84,737
-27,106
9,541
-20,747
13,454
14,986
50,074
22,072
-46,565
127,561
Dividends Paid
Retained Profit
133,726
184,969
84,737
-27,106
9,541
-20,747
13,454
14,986
50,074
22,072
-46,565
127,561
Employee Costs
477,222
449,488
487,589
605,399
511,964
674,267
499,573
697,000
237,815
149,499
216,346
179,711
Number Of Employees
10
10
11
14
12
16
12
17
6
4
6
5
EBITDA*
193,429
247,522
108,730
2,981
56,970
31,060
54,127
38,695
82,849
48,179
-25,629
184,693
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Tangible Assets
113,184
107,802
84,433
107,105
119,112
139,945
172,270
80,547
87,354
107,680
134,358
151,988
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
113,184
107,802
84,433
107,105
119,112
139,945
172,270
80,547
87,354
107,680
134,358
151,988
Stock & work in progress
144,632
58,532
111,734
154,252
228,783
297,200
251,038
221,132
186,493
185,287
100,873
48,254
Trade Debtors
354,086
210,230
188,703
218,370
198,520
172,082
202,033
125,127
156,090
60,564
110,745
109,941
Group Debtors
Misc Debtors
16,768
4,233
2,477
2,712
Cash
302,974
455,389
269,878
61,911
117,675
321,780
76,209
19,091
18,410
9,525
5,837
22,791
misc current assets
total current assets
818,460
724,151
574,548
434,533
544,978
793,539
531,992
365,350
360,993
255,376
217,455
180,986
total assets
931,644
831,953
658,981
541,638
664,090
933,484
704,262
445,897
448,347
363,056
351,813
332,974
Bank overdraft
9,524
44,014
Bank loan
Trade Creditors
84,707
82,709
104,162
276,507
405,752
128,580
145,776
70,938
280,660
236,155
236,378
160,394
Group/Directors Accounts
97,345
92,533
87,721
67,927
66,097
65,789
other short term finances
24,164
113,024
45,702
372,167
155,286
7,000
hp & lease commitments
9,403
4,656
5,317
16,150
16,151
5,077
other current liabilities
54,252
73,137
44,448
74,366
43,485
43,789
total current liabilities
269,871
366,059
287,350
276,507
405,752
659,190
436,319
236,607
280,660
236,155
236,378
160,394
loans
55,967
94,701
60,513
15,297
22,500
hp & lease commitments
21,173
14,341
17,659
12,634
28,784
7,795
Accruals and Deferred Income
10,934
13,932
16,931
19,937
22,944
other liabilities
90,710
48,592
1,480
7,670
14,154
20,637
provisions
26,996
24,644
14,332
11,213
16,425
14,377
13,347
10,866
13,064
16,162
20,284
24,381
total long term liabilities
115,070
52,917
143,623
121,860
87,961
87,524
57,428
41,161
14,544
23,832
34,438
45,018
total liabilities
384,941
418,976
430,973
398,367
493,713
746,714
493,747
277,768
295,204
259,987
270,816
205,412
net assets
546,703
412,977
228,008
143,271
170,377
186,770
210,515
168,129
153,143
103,069
80,997
127,562
total shareholders funds
546,703
412,977
228,008
143,271
170,377
186,770
210,515
168,129
153,143
103,069
80,997
127,562
Sep 2023
Sep 2022
Sep 2021
Sep 2020
Sep 2019
Sep 2018
Sep 2017
Sep 2016
Sep 2015
Sep 2014
Sep 2013
Sep 2012
Operating Activities
Operating Profit
169,259
230,651
108,730
-27,196
24,734
-1,558
24,416
20,983
62,523
27,901
-46,637
167,786
Depreciation
24,170
16,871
30,177
32,236
32,618
29,711
17,712
20,326
20,278
21,008
16,907
Amortisation
Tax
-44,575
-43,388
-19,877
-2,238
-3,156
-3,746
-12,518
-5,867
-40,282
Stock
86,100
-53,202
-42,518
-74,531
-68,417
46,162
29,906
34,639
1,206
84,414
52,619
48,254
Debtors
160,624
17,294
-25,434
19,850
23,961
-30,186
79,618
-30,963
95,526
-50,181
804
109,941
Creditors
1,998
-21,453
-172,345
-129,245
277,172
-17,196
74,838
-209,722
44,505
-223
75,984
160,394
Accruals and Deferred Income
-21,883
25,690
41,442
-3,007
-51,422
30,881
-304
43,789
Deferred Taxes & Provisions
2,352
10,312
3,119
-5,212
2,048
1,030
2,481
-2,198
-3,098
-4,122
-4,097
24,381
Cash flow from operations
-115,403
254,591
29,021
-79,802
326,986
29,799
18,462
-136,858
15,006
3,734
-7,165
170,991
Investing Activities
capital expenditure
-29,552
-40,240
22,672
-18,170
-11,403
-293
-121,434
-10,905
6,400
-3,378
-168,895
Change in Investments
cash flow from investments
-29,552
-40,240
22,672
-18,170
-11,403
-293
-121,434
-10,905
6,400
-3,378
-168,895
Financing Activities
Bank loans
Group/Directors Accounts
4,812
4,812
87,721
-67,927
1,830
308
65,789
Other Short Term Loans
-88,860
67,322
45,702
-372,167
216,881
148,286
7,000
Long term loans
55,967
-94,701
94,701
-60,513
45,216
-7,203
22,500
Hire Purchase and Lease Commitments
11,579
-3,979
22,976
-28,784
-16,151
32,063
12,872
other long term liabilities
-90,710
42,118
48,592
-1,480
-6,190
-6,484
-6,483
20,637
share issue
-25,934
-2,998
28,932
1
interest
9,042
-2,295
-4,116
90
-12,955
-19,190
-7,807
-2,250
70
38
72
57
cash flow from financing
-7,460
-28,841
156,274
42,208
-519,688
225,588
194,579
104,431
-6,120
-6,446
-6,411
20,695
cash and cash equivalents
cash
-152,415
185,511
207,967
-55,764
-204,105
245,571
57,118
681
8,885
3,688
-16,954
22,791
overdraft
-9,524
-34,490
44,014
change in cash
-152,415
185,511
207,967
-55,764
-204,105
255,095
91,608
-43,333
8,885
3,688
-16,954
22,791
micran joinery limited 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 micran joinery limited. Get real-time insights into micran joinery limited's credit score, group structure and payment trends.
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micran joinery limited Ownership
MICRAN JOINERY LIMITED group structure
Micran Joinery Limited has no subsidiary companies.
Ultimate parent company
MICRAN JOINERY LIMITED
NI606877
MICRAN JOINERY LIMITED Shareholders
The largest shareholders in Micran Joinery Limited include Michael Mccracken and Bernie Lowry.
michael mccracken
50%
bernie lowry
50%
micran joinery limited directors
Micran Joinery Limited currently has 2 directors.
The longest serving directors include
Mr Bernie Lowry (Mar 2011) and
Mr Michael McCracken (Oct 2023).
47 drumenny road, coagh, cookstown, county tyrone, BT80 0BY
Bank
DANSKE BANK
Legal Advisor
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micran joinery 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 1 charges/mortgages relating to micran joinery limited. Currently there are 0 open charges and 1 have been satisfied in the past.
micran joinery 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.
Click to start generating capital raising & share issue transactions for MICRAN JOINERY LIMITED. This can take several minutes, an email will notify you when this has completed.
micran joinery limitedCompanies House Filings - See Documents
