mccann cabling solutions ltd
mccann cabling solutions ltd Company Information
Company Number
NI613718
Registered Address
1-3 arthur street, belfast, co antrim, BT1 4GA
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
June 2024
Group Structure
View All
Shareholders
ignatius mccann 50%
conor mccann 50%
mccann cabling solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MCCANN CABLING SOLUTIONS LTD at £1.7m based on a Turnover of £4.7m and 0.36x industry multiple (adjusted for size and gross margin).
mccann cabling solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MCCANN CABLING SOLUTIONS LTD at £1.2m based on an EBITDA of £261.8k and a 4.45x industry multiple (adjusted for size and gross margin).
mccann cabling solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of MCCANN CABLING SOLUTIONS LTD at £904.6k based on Net Assets of £465.3k and 1.94x industry multiple (adjusted for liquidity).
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Mccann Cabling Solutions Ltd Overview
Mccann Cabling Solutions Ltd is a dissolved company that was located in co antrim, BT1 4GA with a Companies House number of NI613718. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in July 2012, it's largest shareholder was ignatius mccann with a 50% stake. The last turnover for Mccann Cabling Solutions Ltd was estimated at £4.7m.
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Mccann Cabling Solutions Ltd Health Check
Pomanda's financial health check has awarded Mccann Cabling Solutions Ltd a 4 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
4 Strong
4 Regular
3 Weak
Size
annual sales of £4.7m, make it larger than the average company (£2.4m)
£4.7m - Mccann Cabling Solutions Ltd
£2.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 73%, show it is growing at a faster rate (7%)
- Mccann Cabling Solutions Ltd
7% - Industry AVG
Production
with a gross margin of 28.2%, this company has a comparable cost of product (25.3%)
28.2% - Mccann Cabling Solutions Ltd
25.3% - Industry AVG
Profitability
an operating margin of 3.9% make it less profitable than the average company (6.6%)
3.9% - Mccann Cabling Solutions Ltd
6.6% - Industry AVG
Employees
with 27 employees, this is below the industry average (40)
- Mccann Cabling Solutions Ltd
40 - Industry AVG
Pay Structure
on an average salary of £5.1k, the company has a lower pay structure (£41k)
- Mccann Cabling Solutions Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £173.3k, this is equally as efficient (£175.8k)
- Mccann Cabling Solutions Ltd
£175.8k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is near the average (57 days)
54 days - Mccann Cabling Solutions Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 85 days, this is slower than average (41 days)
85 days - Mccann Cabling Solutions Ltd
41 days - Industry AVG
Stock Days
it holds stock equivalent to 32 days, this is more than average (11 days)
32 days - Mccann Cabling Solutions Ltd
11 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mccann Cabling Solutions Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 68.1%, this is a similar level of debt than the average (69.1%)
68.1% - Mccann Cabling Solutions Ltd
69.1% - Industry AVG
MCCANN CABLING SOLUTIONS LTD financials
Mccann Cabling Solutions Ltd's latest turnover from December 2016 is £4.7 million and the company has net assets of £465.3 thousand. According to their latest financial statements, we estimate that Mccann Cabling Solutions Ltd has 27 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|
| Turnover | 4,679,887 | |||
| Other Income Or Grants | 0 | |||
| Cost Of Sales | 3,361,351 | |||
| Gross Profit | 1,318,536 | |||
| Admin Expenses | 1,134,473 | |||
| Operating Profit | 184,063 | |||
| Interest Payable | 11,572 | |||
| Interest Receivable | 0 | |||
| Pre-Tax Profit | 172,491 | |||
| Tax | -34,498 | |||
| Profit After Tax | 137,993 | |||
| Dividends Paid | 0 | |||
| Retained Profit | 137,993 | |||
| Employee Costs | 137,624 | |||
| Number Of Employees | ||||
| EBITDA* | 261,849 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|
| Tangible Assets | 468,949 | 490,785 | 248,796 | 93,599 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 468,949 | 490,785 | 248,796 | 93,599 |
| Stock & work in progress | 295,000 | 200,000 | 0 | 0 |
| Trade Debtors | 694,525 | 344,630 | 264,650 | 147,633 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 76,826 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 989,525 | 544,630 | 341,476 | 147,633 |
| total assets | 1,458,474 | 1,035,415 | 590,272 | 241,232 |
| Bank overdraft | 0 | 24,066 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 785,375 | 396,333 | 322,474 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 785,375 | 420,399 | 322,474 | 0 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 113,978 | 189,520 | 9,719 | 95,067 |
| provisions | 93,790 | 98,157 | 49,759 | 20,206 |
| total long term liabilities | 207,768 | 287,677 | 59,478 | 115,273 |
| total liabilities | 993,143 | 708,076 | 381,952 | 115,273 |
| net assets | 465,331 | 327,339 | 208,320 | 125,959 |
| total shareholders funds | 465,331 | 327,339 | 208,320 | 125,959 |
| Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | 184,063 | |||
| Depreciation | 77,786 | 82,271 | 25,258 | |
| Amortisation | 0 | 0 | 0 | |
| Tax | -34,498 | |||
| Stock | 95,000 | 200,000 | 0 | 0 |
| Debtors | 349,895 | 79,980 | 117,017 | 147,633 |
| Creditors | 389,042 | 73,859 | 322,474 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -4,367 | 48,398 | 29,553 | 20,206 |
| Cash flow from operations | 167,131 | |||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -75,542 | 179,801 | -85,348 | 95,067 |
| share issue | ||||
| interest | -11,572 | |||
| cash flow from financing | -87,115 | |||
| cash and cash equivalents | ||||
| cash | 0 | -76,826 | 76,826 | 0 |
| overdraft | -24,066 | 24,066 | 0 | 0 |
| change in cash | 24,066 | -100,892 | 76,826 | 0 |
mccann cabling solutions ltd Credit Report and Business Information
Mccann Cabling Solutions Ltd Competitor Analysis
Perform a competitor analysis for mccann cabling solutions ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mccann cabling solutions ltd Ownership
MCCANN CABLING SOLUTIONS LTD group structure
Mccann Cabling Solutions Ltd has no subsidiary companies.
Ultimate parent company
MCCANN CABLING SOLUTIONS LTD
NI613718
mccann cabling solutions ltd directors
Mccann Cabling Solutions Ltd currently has 2 directors. The longest serving directors include Mr Conor McCann (Jul 2012) and Mr Ignatius McCann (Jul 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Conor McCann | United Kingdom | 49 years | Jul 2012 | - | Director |
| Mr Ignatius McCann | Northern Ireland | 69 years | Jul 2012 | - | Director |
P&L
December 2016turnover
4.7m
0%
operating profit
184.1k
0%
gross margin
28.2%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2016net assets
465.3k
+0.42%
total assets
1.5m
+0.41%
cash
0
0%
net assets
Total assets minus all liabilities
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mccann cabling solutions ltd company details
company number
NI613718
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
July 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
1-3 arthur street, belfast, co antrim, BT1 4GA
last accounts submitted
December 2016
mccann cabling solutions 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 did not find charges/mortgages relating to mccann cabling solutions ltd.
mccann cabling solutions ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
