mcconaghy refrigerated distribution limited
mcconaghy refrigerated distribution limited Company Information
Company Number
NI626237
Next Accounts
Jun 2025
Industry
Freight transport by road
Shareholders
richard mcconaghy
jacqueline mcconaghy
Group Structure
View All
Contact
Registered Address
218 castlecat road, derry keighan, ballymoney, county antrim, BT53 8AT
Website
www.mcconaghys.co.ukmcconaghy refrigerated distribution limited Estimated Valuation
Pomanda estimates the enterprise value of MCCONAGHY REFRIGERATED DISTRIBUTION LIMITED at £5.3m based on a Turnover of £12.3m and 0.43x industry multiple (adjusted for size and gross margin).
mcconaghy refrigerated distribution limited Estimated Valuation
Pomanda estimates the enterprise value of MCCONAGHY REFRIGERATED DISTRIBUTION LIMITED at £7.8m based on an EBITDA of £1.9m and a 4.19x industry multiple (adjusted for size and gross margin).
mcconaghy refrigerated distribution limited Estimated Valuation
Pomanda estimates the enterprise value of MCCONAGHY REFRIGERATED DISTRIBUTION LIMITED at £9.8m based on Net Assets of £4.1m and 2.4x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Mcconaghy Refrigerated Distribution Limited Overview
Mcconaghy Refrigerated Distribution Limited is a live company located in ballymoney, BT53 8AT with a Companies House number of NI626237. It operates in the freight transport by road sector, SIC Code 49410. Founded in August 2014, it's largest shareholder is richard mcconaghy with a 51% stake. Mcconaghy Refrigerated Distribution Limited is a established, mid sized company, Pomanda has estimated its turnover at £12.3m with high growth in recent years.
Upgrade for unlimited company reports & a free credit check
Mcconaghy Refrigerated Distribution Limited Health Check
Pomanda's financial health check has awarded Mcconaghy Refrigerated Distribution Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £12.3m, make it larger than the average company (£8.5m)
- Mcconaghy Refrigerated Distribution Limited
£8.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (8.5%)
- Mcconaghy Refrigerated Distribution Limited
8.5% - Industry AVG
Production
with a gross margin of 14.5%, this company has a higher cost of product (22.1%)
- Mcconaghy Refrigerated Distribution Limited
22.1% - Industry AVG
Profitability
an operating margin of 9.3% make it more profitable than the average company (5.6%)
- Mcconaghy Refrigerated Distribution Limited
5.6% - Industry AVG
Employees
with 55 employees, this is similar to the industry average (58)
55 - Mcconaghy Refrigerated Distribution Limited
58 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
- Mcconaghy Refrigerated Distribution Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £223.9k, this is more efficient (£131.4k)
- Mcconaghy Refrigerated Distribution Limited
£131.4k - Industry AVG
Debtor Days
it gets paid by customers after 75 days, this is later than average (52 days)
- Mcconaghy Refrigerated Distribution Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 108 days, this is slower than average (30 days)
- Mcconaghy Refrigerated Distribution Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (1 days)
- Mcconaghy Refrigerated Distribution Limited
1 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (14 weeks)
24 weeks - Mcconaghy Refrigerated Distribution Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52.5%, this is a lower level of debt than the average (61.4%)
52.5% - Mcconaghy Refrigerated Distribution Limited
61.4% - Industry AVG
MCCONAGHY REFRIGERATED DISTRIBUTION LIMITED financials
Mcconaghy Refrigerated Distribution Limited's latest turnover from September 2023 is estimated at £12.3 million and the company has net assets of £4.1 million. According to their latest financial statements, Mcconaghy Refrigerated Distribution Limited has 55 employees and maintains cash reserves of £1.5 million 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 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 55 | 45 | 40 | 40 | 33 | ||||
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,729,189 | 2,871,803 | 2,214,255 | 1,678,068 | 1,240,386 | 923,867 | 729,508 | 568,848 | 291,234 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 33,000 | 66,000 | 99,000 | 132,000 |
| Investments & Other | 846,700 | 546,738 | 243,215 | 235,000 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 4,575,889 | 3,418,541 | 2,457,470 | 1,913,068 | 1,240,386 | 956,867 | 795,508 | 667,848 | 423,234 |
| Stock & work in progress | 21,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,536,878 | 2,422,455 | 1,770,171 | 1,394,769 | 1,031,448 | 800,709 | 618,702 | 517,776 | 445,569 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 34,515 | 33,038 | 0 | 0 |
| Cash | 1,488,096 | 885,801 | 510,760 | 317,924 | 19,608 | 36,906 | 93,248 | 90,857 | 23,459 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,045,974 | 3,308,256 | 2,280,931 | 1,712,693 | 1,051,056 | 872,130 | 744,988 | 608,633 | 469,028 |
| total assets | 8,621,863 | 6,726,797 | 4,738,401 | 3,625,761 | 2,291,442 | 1,828,997 | 1,540,496 | 1,276,481 | 892,262 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 32,451 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,142,504 | 2,709,263 | 2,060,530 | 1,594,894 | 986,953 | 361,485 | 263,949 | 162,297 | 722,720 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 475,121 | 579,529 | 817,654 | 0 |
| total current liabilities | 3,142,504 | 2,709,263 | 2,060,530 | 1,594,894 | 986,953 | 869,057 | 843,478 | 979,951 | 722,720 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,381,679 | 823,038 | 686,740 | 589,826 | 425,305 | 351,934 | 307,963 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,381,679 | 823,038 | 686,740 | 589,826 | 425,305 | 351,934 | 307,963 | 0 | 0 |
| total liabilities | 4,524,183 | 3,532,301 | 2,747,270 | 2,184,720 | 1,412,258 | 1,220,991 | 1,151,441 | 979,951 | 722,720 |
| net assets | 4,097,680 | 3,194,496 | 1,991,131 | 1,441,041 | 879,184 | 608,006 | 389,055 | 296,530 | 169,542 |
| total shareholders funds | 4,097,680 | 3,194,496 | 1,991,131 | 1,441,041 | 879,184 | 608,006 | 389,055 | 296,530 | 169,542 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 719,897 | 491,884 | 374,364 | 207,218 | 201,896 | 180,288 | 144,484 | 71,503 | |
| Amortisation | 0 | 0 | 0 | 0 | 33,000 | 33,000 | 33,000 | 33,000 | |
| Tax | |||||||||
| Stock | 21,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 114,423 | 652,284 | 375,402 | 363,321 | 196,224 | 183,484 | 133,964 | 72,207 | 445,569 |
| Creditors | 433,241 | 648,733 | 465,636 | 607,941 | 625,468 | 97,536 | 101,652 | -560,423 | 722,720 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | -475,121 | -104,408 | -238,125 | 817,654 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 299,962 | 303,523 | 8,215 | 235,000 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 558,641 | 136,298 | 96,914 | 164,521 | 73,371 | 43,971 | 307,963 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 602,295 | 375,041 | 192,836 | 298,316 | -17,298 | -56,342 | 2,391 | 67,398 | 23,459 |
| overdraft | 0 | 0 | 0 | 0 | -32,451 | 32,451 | 0 | 0 | 0 |
| change in cash | 602,295 | 375,041 | 192,836 | 298,316 | 15,153 | -88,793 | 2,391 | 67,398 | 23,459 |
mcconaghy refrigerated distribution limited Credit Report and Business Information
Mcconaghy Refrigerated Distribution Limited Competitor Analysis
Perform a competitor analysis for mcconaghy refrigerated distribution limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mid companies, companies in BT53 area or any other competitors across 12 key performance metrics.
mcconaghy refrigerated distribution limited Ownership
MCCONAGHY REFRIGERATED DISTRIBUTION LIMITED group structure
Mcconaghy Refrigerated Distribution Limited has no subsidiary companies.
Ultimate parent company
MCCONAGHY REFRIGERATED DISTRIBUTION LIMITED
NI626237
mcconaghy refrigerated distribution limited directors
Mcconaghy Refrigerated Distribution Limited currently has 2 directors. The longest serving directors include Mr Richard McConaghy (Aug 2014) and Mrs Jacqueline McConaghy (Aug 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Richard McConaghy | Northern Ireland | 56 years | Aug 2014 | - | Director |
| Mrs Jacqueline McConaghy | Northern Ireland | 55 years | Aug 2014 | - | Director |
P&L
September 2023turnover
12.3m
+11%
operating profit
1.1m
0%
gross margin
14.6%
+1.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
4.1m
+0.28%
total assets
8.6m
+0.28%
cash
1.5m
+0.68%
net assets
Total assets minus all liabilities
mcconaghy refrigerated distribution limited company details
company number
NI626237
Type
Private limited with Share Capital
industry
49410 - Freight transport by road
incorporation date
August 2014
age
10
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
218 castlecat road, derry keighan, ballymoney, county antrim, BT53 8AT
Bank
-
Legal Advisor
-
mcconaghy refrigerated distribution 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 mcconaghy refrigerated distribution limited.
mcconaghy refrigerated distribution limited Companies House Filings - See Documents
| date | description | view/download |
|---|
