newmac contracts limited Company Information
Company Number
NI608505
Website
-Registered Address
unit a1, boucher business studios, belfast, BT12 6QH
Industry
Construction of domestic buildings
Telephone
-
Next Accounts Due
March 2024
Group Structure
View All
Shareholders
stephen mcconville 50%
michael mcconville 50%
newmac contracts limited Estimated Valuation
Pomanda estimates the enterprise value of NEWMAC CONTRACTS LIMITED at £529.7k based on a Turnover of £1.8m and 0.29x industry multiple (adjusted for size and gross margin).
newmac contracts limited Estimated Valuation
Pomanda estimates the enterprise value of NEWMAC CONTRACTS LIMITED at £195.6k based on an EBITDA of £80.6k and a 2.43x industry multiple (adjusted for size and gross margin).
newmac contracts limited Estimated Valuation
Pomanda estimates the enterprise value of NEWMAC CONTRACTS LIMITED at £174.8k based on Net Assets of £142.8k and 1.22x industry multiple (adjusted for liquidity).
Newmac Contracts 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.
Newmac Contracts Limited Overview
Newmac Contracts Limited is a dissolved company that was located in belfast, BT12 6QH with a Companies House number of NI608505. It operated in the construction of domestic buildings sector, SIC Code 41202. Founded in August 2011, it's largest shareholder was stephen mcconville with a 50% stake. The last turnover for Newmac Contracts Limited was estimated at £1.8m.
Upgrade for unlimited company reports & a free credit check
Newmac Contracts Limited Health Check
Pomanda's financial health check has awarded Newmac Contracts Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.8m, make it larger than the average company (£651.8k)
- Newmac Contracts Limited
£651.8k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Newmac Contracts Limited
- - Industry AVG
Production
with a gross margin of 12.3%, this company has a higher cost of product (22.1%)
- Newmac Contracts Limited
22.1% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (8%)
- Newmac Contracts Limited
8% - Industry AVG
Employees
with 3 employees, this is below the industry average (28)
- Newmac Contracts Limited
28 - Industry AVG
Pay Structure
on an average salary of £37.8k, the company has an equivalent pay structure (£37.8k)
- Newmac Contracts Limited
£37.8k - Industry AVG
Efficiency
resulting in sales per employee of £613.3k, this is more efficient (£419.9k)
- Newmac Contracts Limited
£419.9k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (18 days)
- Newmac Contracts Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 113 days, this is slower than average (32 days)
- Newmac Contracts Limited
32 days - Industry AVG
Stock Days
it holds stock equivalent to 89 days, this is less than average (173 days)
- Newmac Contracts Limited
173 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Newmac Contracts Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81%, this is a similar level of debt than the average (76.9%)
81% - Newmac Contracts Limited
76.9% - Industry AVG
newmac contracts limited Credit Report and Business Information
Newmac Contracts Limited Competitor Analysis
Perform a competitor analysis for newmac contracts limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
newmac contracts limited Ownership
NEWMAC CONTRACTS LIMITED group structure
Newmac Contracts Limited has no subsidiary companies.
Ultimate parent company
NEWMAC CONTRACTS LIMITED
NI608505
newmac contracts limited directors
Newmac Contracts Limited currently has 2 directors. The longest serving directors include Mr Stephen McConville (Aug 2011) and Mr Michael McConville (Apr 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Stephen McConville | 38 years | Aug 2011 | - | Director | |
Mr Michael McConville | Northern Ireland | 35 years | Apr 2014 | - | Director |
NEWMAC CONTRACTS LIMITED financials
Newmac Contracts Limited's latest turnover from August 2014 is estimated at £1.8 million and the company has net assets of £142.8 thousand. According to their latest financial statements, we estimate that Newmac Contracts Limited has 3 employees and maintains cash reserves of £38 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Aug 2014 | Aug 2013 | Aug 2012 | |
---|---|---|---|
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
Aug 2014 | Aug 2013 | Aug 2012 | |
---|---|---|---|
Tangible Assets | 62,239 | 37,967 | 34,086 |
Intangible Assets | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 |
Total Fixed Assets | 62,239 | 37,967 | 34,086 |
Stock & work in progress | 395,500 | 245,860 | 71,030 |
Trade Debtors | 295,613 | 91,104 | 74,382 |
Group Debtors | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 0 |
Cash | 38 | 34,646 | 158,154 |
misc current assets | 0 | 0 | 0 |
total current assets | 691,151 | 371,610 | 303,566 |
total assets | 753,390 | 409,577 | 337,652 |
Bank overdraft | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 |
Trade Creditors | 499,773 | 320,208 | 269,882 |
Group/Directors Accounts | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 |
total current liabilities | 499,773 | 320,208 | 269,882 |
loans | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 |
other liabilities | 110,774 | 0 | 0 |
provisions | 0 | 0 | 0 |
total long term liabilities | 110,774 | 0 | 0 |
total liabilities | 610,547 | 320,208 | 269,882 |
net assets | 142,843 | 89,369 | 67,770 |
total shareholders funds | 142,843 | 89,369 | 67,770 |
Aug 2014 | Aug 2013 | Aug 2012 | |
---|---|---|---|
Operating Activities | |||
Operating Profit | |||
Depreciation | 13,036 | 9,857 | 8,522 |
Amortisation | 0 | 0 | 0 |
Tax | |||
Stock | 149,640 | 174,830 | 71,030 |
Debtors | 204,509 | 16,722 | 74,382 |
Creditors | 179,565 | 50,326 | 269,882 |
Accruals and Deferred Income | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 |
Cash flow from operations | |||
Investing Activities | |||
capital expenditure | |||
Change in Investments | 0 | 0 | 0 |
cash flow from investments | |||
Financing Activities | |||
Bank loans | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 |
other long term liabilities | 110,774 | 0 | 0 |
share issue | |||
interest | |||
cash flow from financing | |||
cash and cash equivalents | |||
cash | -34,608 | -123,508 | 158,154 |
overdraft | 0 | 0 | 0 |
change in cash | -34,608 | -123,508 | 158,154 |
P&L
August 2014turnover
1.8m
+93%
operating profit
67.6k
0%
gross margin
12.4%
+2.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2014net assets
142.8k
+0.6%
total assets
753.4k
+0.84%
cash
38
-1%
net assets
Total assets minus all liabilities
newmac contracts limited company details
company number
NI608505
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
August 2011
age
13
accounts
Total Exemption Small
ultimate parent company
previous names
N/A
incorporated
UK
address
unit a1, boucher business studios, belfast, BT12 6QH
last accounts submitted
August 2014
newmac contracts 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 newmac contracts limited.
newmac contracts limited Companies House Filings - See Documents
date | description | view/download |
---|