newtownstewart construction u.k. limited
newtownstewart construction u.k. limited Company Information
Company Number
NI644353
Next Accounts
Dec 2024
Industry
Development of building projects
Shareholders
ludden investment group ltd
alberta investments limited
Group Structure
View All
Contact
Registered Address
7a springrowth house, springtown road, londonderry, BT48 0GG
Website
newtownstewart.netnewtownstewart construction u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of NEWTOWNSTEWART CONSTRUCTION U.K. LIMITED at £6.7m based on a Turnover of £10.9m and 0.61x industry multiple (adjusted for size and gross margin).
newtownstewart construction u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of NEWTOWNSTEWART CONSTRUCTION U.K. LIMITED at £0 based on an EBITDA of £-9.4k and a 4.66x industry multiple (adjusted for size and gross margin).
newtownstewart construction u.k. limited Estimated Valuation
Pomanda estimates the enterprise value of NEWTOWNSTEWART CONSTRUCTION U.K. LIMITED at £3.2m based on Net Assets of £2.1m and 1.49x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Newtownstewart Construction U.k. Limited Overview
Newtownstewart Construction U.k. Limited is a live company located in londonderry, BT48 0GG with a Companies House number of NI644353. It operates in the development of building projects sector, SIC Code 41100. Founded in March 2017, it's largest shareholder is ludden investment group ltd with a 50% stake. Newtownstewart Construction U.k. Limited is a young, mid sized company, Pomanda has estimated its turnover at £10.9m with rapid growth in recent years.
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Newtownstewart Construction U.k. Limited Health Check
Pomanda's financial health check has awarded Newtownstewart Construction U.K. Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 1 areas for improvement. Company Health Check FAQs
7 Strong
4 Regular
1 Weak
Size
annual sales of £10.9m, make it larger than the average company (£2.1m)
- Newtownstewart Construction U.k. Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 57%, show it is growing at a faster rate (2.1%)
- Newtownstewart Construction U.k. Limited
2.1% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Newtownstewart Construction U.k. Limited
25.8% - Industry AVG
Profitability
an operating margin of -0.5% make it less profitable than the average company (8.7%)
- Newtownstewart Construction U.k. Limited
8.7% - Industry AVG
Employees
with 28 employees, this is above the industry average (6)
28 - Newtownstewart Construction U.k. Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Newtownstewart Construction U.k. Limited
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £387.9k, this is more efficient (£275.1k)
- Newtownstewart Construction U.k. Limited
£275.1k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is near the average (29 days)
- Newtownstewart Construction U.k. Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (31 days)
- Newtownstewart Construction U.k. Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 126 days, this is less than average (181 days)
- Newtownstewart Construction U.k. Limited
181 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (13 weeks)
19 weeks - Newtownstewart Construction U.k. Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74%, this is a similar level of debt than the average (74.7%)
74% - Newtownstewart Construction U.k. Limited
74.7% - Industry AVG
NEWTOWNSTEWART CONSTRUCTION U.K. LIMITED financials
Newtownstewart Construction U.K. Limited's latest turnover from March 2023 is estimated at £10.9 million and the company has net assets of £2.1 million. According to their latest financial statements, Newtownstewart Construction U.K. Limited has 28 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| 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 | 253,671 | 159,758 | ||||
| Number Of Employees | 28 | 26 | 9 | 6 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 136,250 | 165,445 | 152,262 | 31,308 | 466 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 28,010 | 28,010 | 10 | 10 | 0 | 1 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 164,260 | 193,455 | 152,272 | 31,318 | 466 | 1 |
| Stock & work in progress | 2,799,394 | 1,554,292 | 563,295 | 0 | 0 | 0 |
| Trade Debtors | 812,171 | 577,453 | 347,071 | 373,854 | 403,023 | 0 |
| Group Debtors | 0 | 0 | 3,993,546 | 3,847,400 | 0 | 0 |
| Misc Debtors | 3,100,607 | 3,759,754 | 237,489 | 189,254 | 0 | 0 |
| Cash | 1,282,811 | 1,454,417 | 1,795,890 | 2,425,304 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 7,994,983 | 7,345,916 | 6,937,291 | 6,835,812 | 403,023 | 0 |
| total assets | 8,159,243 | 7,539,371 | 7,089,563 | 6,867,130 | 403,489 | 1 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,861,668 | 1,105,203 | 513,458 | 161,684 | 355,656 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,580,487 | 1,435,390 | 1,718,407 | 1,734,138 | 0 | 0 |
| total current liabilities | 3,442,155 | 2,540,593 | 2,231,865 | 1,895,822 | 355,656 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 2,561,539 | 2,846,154 | 3,130,770 | 3,415,385 | 0 | 0 |
| provisions | 34,062 | 31,434 | 28,930 | 0 | 0 | 0 |
| total long term liabilities | 2,595,601 | 2,877,588 | 3,159,700 | 3,415,385 | 0 | 0 |
| total liabilities | 6,037,756 | 5,418,181 | 5,391,565 | 5,311,207 | 355,656 | 0 |
| net assets | 2,121,487 | 2,121,190 | 1,697,998 | 1,555,923 | 47,833 | 1 |
| total shareholders funds | 2,121,487 | 2,121,190 | 1,697,998 | 1,555,923 | 47,833 | 1 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 48,425 | 44,808 | 34,028 | 5,894 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 1,245,102 | 990,997 | 563,295 | 0 | 0 | 0 |
| Debtors | -424,429 | -240,899 | 167,598 | 4,007,485 | 403,023 | 0 |
| Creditors | 756,465 | 591,745 | 351,774 | -193,972 | 355,656 | 0 |
| Accruals and Deferred Income | 145,097 | -283,017 | -15,731 | 1,734,138 | 0 | 0 |
| Deferred Taxes & Provisions | 2,628 | 2,504 | 28,930 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 28,000 | 0 | 10 | -1 | 1 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -284,615 | -284,616 | -284,615 | 3,415,385 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -171,606 | -341,473 | -629,414 | 2,425,304 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -171,606 | -341,473 | -629,414 | 2,425,304 | 0 | 0 |
newtownstewart construction u.k. limited Credit Report and Business Information
Newtownstewart Construction U.k. Limited Competitor Analysis
Perform a competitor analysis for newtownstewart construction u.k. limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in BT48 area or any other competitors across 12 key performance metrics.
newtownstewart construction u.k. limited Ownership
NEWTOWNSTEWART CONSTRUCTION U.K. LIMITED group structure
Newtownstewart Construction U.K. Limited has no subsidiary companies.
Ultimate parent company
NEWTOWNSTEWART CONSTRUCTION U.K. LIMITED
NI644353
newtownstewart construction u.k. limited directors
Newtownstewart Construction U.K. Limited currently has 2 directors. The longest serving directors include Mr Carl Craig (Mar 2017) and Mr Shaun Craig (Feb 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Carl Craig | Northern Ireland | 40 years | Mar 2017 | - | Director |
| Mr Shaun Craig | Northern Ireland | 48 years | Feb 2019 | - | Director |
P&L
March 2023turnover
10.9m
+50%
operating profit
-57.8k
0%
gross margin
25.9%
+8.84%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.1m
0%
total assets
8.2m
+0.08%
cash
1.3m
-0.12%
net assets
Total assets minus all liabilities
newtownstewart construction u.k. limited company details
company number
NI644353
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
March 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
c.craig construction limited (October 2017)
accountant
MCDAID MCCULLOUGH MOORE
auditor
-
address
7a springrowth house, springtown road, londonderry, BT48 0GG
Bank
ALLIED IRISH BANK
Legal Advisor
-
newtownstewart construction u.k. 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 newtownstewart construction u.k. limited. Currently there are 1 open charges and 0 have been satisfied in the past.
newtownstewart construction u.k. limited Companies House Filings - See Documents
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