Pomanda estimates the enterprise value of CREAGH PRECISION JOINERY LIMITED at £394.3k based on a Turnover of £1.2m and 0.32x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CREAGH PRECISION JOINERY LIMITED at £0 based on an EBITDA of £-24.4k and a 3.06x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of CREAGH PRECISION JOINERY LIMITED at £504.8k based on Net Assets of £313.4k and 1.61x industry multiple (adjusted for liquidity).
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Creagh Precision Joinery LimitedOverview
Creagh Precision Joinery Limited is a live company located in magherafelt, BT45 8EY with a Companies House number of NI623603. It operates in the manufacture of other furniture sector, SIC Code 31090. Founded in March 2014, it's largest shareholder is
john mcelhone
with a 40% stake. Creagh Precision Joinery Limited is a established,
small sized company, Pomanda has estimated its turnover at
£1.2m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Creagh Precision Joinery Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
3 Regular
4 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£11.6m)
£1.2m - Creagh Precision Joinery Limited
£11.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (10.3%)
13% - Creagh Precision Joinery Limited
10.3% - Industry AVG
Production
with a gross margin of 32.6%, this company has a comparable cost of product (32.6%)
32.6% - Creagh Precision Joinery Limited
32.6% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (3.9%)
-3.2% - Creagh Precision Joinery Limited
3.9% - Industry AVG
Employees
with 5 employees, this is below the industry average (87)
5 - Creagh Precision Joinery Limited
87 - Industry AVG
Pay Structure
on an average salary of £34.2k, the company has an equivalent pay structure (£34.2k)
£34.2k - Creagh Precision Joinery Limited
£34.2k - Industry AVG
Efficiency
resulting in sales per employee of £249.4k, this is more efficient (£124.6k)
£249.4k - Creagh Precision Joinery Limited
£124.6k - Industry AVG
Debtor Days
it gets paid by customers after 68 days, this is later than average (40 days)
68 days - Creagh Precision Joinery Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 116 days, this is slower than average (40 days)
116 days - Creagh Precision Joinery Limited
40 days - Industry AVG
Stock Days
it holds stock equivalent to 26 days, this is less than average (42 days)
26 days - Creagh Precision Joinery Limited
42 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 17 weeks, this is average cash available to meet short term requirements (16 weeks)
17 weeks - Creagh Precision Joinery Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.2%, this is a lower level of debt than the average (55.5%)
49.2% - Creagh Precision Joinery Limited
55.5% - Industry AVG
CREAGH PRECISION JOINERY LIMITED financials
EXPORT
Creagh Precision Joinery Limited's latest turnover from May 2024 is estimated at £1.2 million and the company has net assets of £313.4 thousand. According to their latest financial statements, Creagh Precision Joinery Limited has 5 employees and maintains cash reserves of £101 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
Turnover
1,247,147
933,635
1,482,648
873,730
424,743
1,109,766
836,417
785,476
568,769
768,783
Other Income Or Grants
Cost Of Sales
840,807
641,568
1,007,728
604,008
293,623
758,918
566,187
526,087
368,636
501,902
Gross Profit
406,340
292,067
474,920
269,722
131,120
350,848
270,230
259,389
200,133
266,881
Admin Expenses
446,470
329,295
443,085
262,339
186,102
224,116
143,064
82,551
147,536
252,999
Operating Profit
-40,130
-37,228
31,835
7,383
-54,982
126,732
127,166
176,838
52,597
13,882
Interest Payable
198
2,274
3,301
1,627
66
41
16
Interest Receivable
5,963
6,595
2,845
381
321
1,782
919
318
412
213
Pre-Tax Profit
-34,365
-32,907
31,379
6,137
-54,727
128,473
128,069
177,156
53,009
14,095
Tax
-5,962
-1,166
-24,410
-24,333
-33,660
-10,602
-2,819
Profit After Tax
-34,365
-32,907
25,417
4,971
-54,727
104,063
103,736
143,496
42,407
11,276
Dividends Paid
Retained Profit
-34,365
-32,907
25,417
4,971
-54,727
104,063
103,736
143,496
42,407
11,276
Employee Costs
170,824
130,050
122,696
145,824
150,843
147,128
140,502
112,536
113,954
220,574
Number Of Employees
5
4
4
5
5
5
5
4
4
8
EBITDA*
-24,363
12,479
62,212
32,173
-14,000
159,901
163,310
199,947
65,438
26,095
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
Tangible Assets
804
12,552
58,262
84,642
139,742
165,943
163,559
160,985
105,410
69,800
Intangible Assets
4,019
8,016
12,013
16,009
20,017
24,014
28,010
32,006
36,014
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
804
16,571
66,278
96,655
155,751
185,960
187,573
188,995
137,416
105,814
Stock & work in progress
60,230
45,850
50,200
34,000
8,700
19,500
15,000
14,000
20,000
12,000
Trade Debtors
232,642
212,895
391,008
195,496
83,554
295,831
224,825
180,739
124,217
95,171
Group Debtors
217,661
164,578
90,110
Misc Debtors
4,697
2,704
963
1,139
1,116
965
1,069
Cash
100,995
126,163
166,950
402,123
360,289
281,737
193,331
174,389
79,637
85,126
misc current assets
total current assets
616,225
552,190
699,231
631,619
452,543
598,207
434,272
370,093
224,923
192,297
total assets
617,029
568,761
765,509
728,274
608,294
784,167
621,845
559,088
362,339
298,111
Bank overdraft
2,624
888
340
1,892
1,449
712
502
Bank loan
42,095
9,507
Trade Creditors
267,810
142,695
242,121
158,250
28,447
155,877
131,983
137,422
73,481
281,525
Group/Directors Accounts
66,067
99,564
84,419
96,019
133,170
165,618
other short term finances
hp & lease commitments
37,065
6,877
6,453
6,542
6,798
18,773
other current liabilities
33,026
74,317
92,998
43,915
65,393
66,391
44,498
37,795
8,352
total current liabilities
303,460
217,900
377,554
316,696
201,730
313,852
279,544
315,185
266,224
281,525
loans
40,493
hp & lease commitments
36,641
43,094
20,292
26,834
33,631
Accruals and Deferred Income
other liabilities
3,322
provisions
201
3,128
7,315
15,862
19,671
22,242
21,093
19,889
8,800
1,987
total long term liabilities
201
3,128
7,315
56,355
56,312
65,336
41,385
46,723
42,431
5,309
total liabilities
303,661
221,028
384,869
373,051
258,042
379,188
320,929
361,908
308,655
286,834
net assets
313,368
347,733
380,640
355,223
350,252
404,979
300,916
197,180
53,684
11,277
total shareholders funds
313,368
347,733
380,640
355,223
350,252
404,979
300,916
197,180
53,684
11,277
May 2024
May 2023
May 2022
May 2021
May 2020
May 2019
May 2018
May 2017
May 2016
May 2015
Operating Activities
Operating Profit
-40,130
-37,228
31,835
7,383
-54,982
126,732
127,166
176,838
52,597
13,882
Depreciation
4,019
45,710
26,380
20,794
36,974
29,172
32,148
19,113
8,833
8,227
Amortisation
11,748
3,997
3,997
3,996
4,008
3,997
3,996
3,996
4,008
3,986
Tax
-5,962
-1,166
-24,410
-24,333
-33,660
-10,602
-2,819
Stock
14,380
-4,350
16,200
25,300
-10,800
4,500
1,000
-6,000
8,000
12,000
Debtors
74,823
-101,904
286,585
111,942
-213,416
71,029
44,237
56,418
30,115
95,171
Creditors
125,115
-99,426
83,871
129,803
-127,430
23,894
-5,439
63,941
-208,044
281,525
Accruals and Deferred Income
-41,291
-18,681
49,083
-21,478
-998
21,893
6,703
29,443
8,352
Deferred Taxes & Provisions
-2,927
-4,187
-8,547
-3,809
-2,571
1,149
1,204
11,089
6,813
1,987
Cash flow from operations
-32,669
-3,561
-122,128
-1,719
79,217
106,898
96,208
220,342
-176,158
199,617
Investing Activities
capital expenditure
34,306
-10,773
-31,556
-34,722
-74,688
-44,443
-118,027
Change in Investments
cash flow from investments
34,306
-10,773
-31,556
-34,722
-74,688
-44,443
-118,027
Financing Activities
Bank loans
-42,095
32,588
9,507
Group/Directors Accounts
-66,067
-33,497
15,145
-11,600
-37,151
-32,448
165,618
Other Short Term Loans
Long term loans
-40,493
40,493
Hire Purchase and Lease Commitments
-37,065
-6,453
-6,029
22,713
-6,798
-18,772
52,404
other long term liabilities
-3,322
3,322
share issue
1
interest
5,765
4,321
-456
-1,246
255
1,741
903
318
412
213
cash flow from financing
5,765
-37,774
-111,493
8,804
9,371
12,854
-43,046
-50,902
215,112
3,536
cash and cash equivalents
cash
-25,168
-40,787
-235,173
41,834
78,552
88,406
18,942
94,752
-5,489
85,126
overdraft
1,736
548
-1,552
443
737
210
502
change in cash
-26,904
-41,335
-233,621
41,391
77,815
88,196
18,440
94,752
-5,489
85,126
creagh precision 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 creagh precision joinery limited. Get real-time insights into creagh precision joinery limited's credit score, group structure and payment trends.
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creagh precision joinery limited Ownership
CREAGH PRECISION JOINERY LIMITED group structure
Creagh Precision Joinery Limited has no subsidiary companies.
Ultimate parent company
CREAGH PRECISION JOINERY LIMITED
NI623603
CREAGH PRECISION JOINERY LIMITED Shareholders
The largest shareholders in Creagh Precision Joinery Limited include John Mcelhone and Aidan Mcelhone.
john mcelhone
40%
aidan mcelhone
40%
lisa mcelhone
10%
ciara mcelhone
10%
creagh precision joinery limited directors
Creagh Precision Joinery Limited currently has 2 directors.
The longest serving directors include
Mr John McElhone (Mar 2014) and
Mr Aidan McElhone (Mar 2014).
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 creagh precision joinery limited.
creagh precision 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.
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creagh precision joinery limitedCompanies House Filings - See Documents
