mcinroy & wood limited
mcinroy & wood limited Company Information
Company Number
SC100377
Next Accounts
Jan 2026
Shareholders
tim andrew urquhart wood
victor norman urquhart wood
View AllGroup Structure
View All
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Registered Address
easter alderston alderston, haddington, east lothian, EH41 3SF
Website
www.mcinroy-wood.co.ukmcinroy & wood limited Estimated Valuation
Pomanda estimates the enterprise value of MCINROY & WOOD LIMITED at £37.3m based on a Turnover of £20.5m and 1.82x industry multiple (adjusted for size and gross margin).
mcinroy & wood limited Estimated Valuation
Pomanda estimates the enterprise value of MCINROY & WOOD LIMITED at £66.7m based on an EBITDA of £10.6m and a 6.28x industry multiple (adjusted for size and gross margin).
mcinroy & wood limited Estimated Valuation
Pomanda estimates the enterprise value of MCINROY & WOOD LIMITED at £18.1m based on Net Assets of £13.9m and 1.31x industry multiple (adjusted for liquidity).
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Mcinroy & Wood Limited Overview
Mcinroy & Wood Limited is a live company located in east lothian, EH41 3SF with a Companies House number of SC100377. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in August 1986, it's largest shareholder is tim andrew urquhart wood with a 38.6% stake. Mcinroy & Wood Limited is a mature, large sized company, Pomanda has estimated its turnover at £20.5m with healthy growth in recent years.
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Mcinroy & Wood Limited Health Check
Pomanda's financial health check has awarded Mcinroy & Wood Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £20.5m, make it larger than the average company (£5.5m)
£20.5m - Mcinroy & Wood Limited
£5.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (7.2%)
5% - Mcinroy & Wood Limited
7.2% - Industry AVG
Production
with a gross margin of 53.3%, this company has a comparable cost of product (53.3%)
53.3% - Mcinroy & Wood Limited
53.3% - Industry AVG
Profitability
an operating margin of 50.9% make it more profitable than the average company (8.9%)
50.9% - Mcinroy & Wood Limited
8.9% - Industry AVG
Employees
with 75 employees, this is above the industry average (12)
75 - Mcinroy & Wood Limited
12 - Industry AVG
Pay Structure
on an average salary of £84.2k, the company has an equivalent pay structure (£80.5k)
£84.2k - Mcinroy & Wood Limited
£80.5k - Industry AVG
Efficiency
resulting in sales per employee of £273.4k, this is more efficient (£219.1k)
£273.4k - Mcinroy & Wood Limited
£219.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Mcinroy & Wood Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (40 days)
5 days - Mcinroy & Wood Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Mcinroy & Wood Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 188 weeks, this is more cash available to meet short term requirements (28 weeks)
188 weeks - Mcinroy & Wood Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.4%, this is a lower level of debt than the average (70.2%)
17.4% - Mcinroy & Wood Limited
70.2% - Industry AVG
MCINROY & WOOD LIMITED financials
Mcinroy & Wood Limited's latest turnover from April 2024 is £20.5 million and the company has net assets of £13.9 million. According to their latest financial statements, Mcinroy & Wood Limited has 75 employees and maintains cash reserves of £9.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 20,502,271 | 19,693,196 | 20,101,944 | 17,517,957 | 16,271,390 | 15,062,259 | 14,548,728 | 13,274,952 | 11,272,765 | 10,854,802 | 9,816,530 | 9,253,525 | 8,379,610 | 7,129,512 | 5,296,573 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | 10,446,253 | 10,458,501 | 11,862,716 | 9,892,684 | 9,040,613 | 8,121,831 | 8,188,163 | 7,370,426 | 5,669,634 | 5,747,270 | 4,876,116 | 4,482,163 | 4,125,098 | 3,491,101 | 2,485,219 |
| Interest Payable | |||||||||||||||
| Interest Receivable | 562,189 | 199,298 | 54,056 | 54,960 | 100,937 | 101,042 | 85,348 | 88,454 | 99,061 | 83,811 | 121,669 | 128,285 | 86,650 | 66,961 | 61,278 |
| Pre-Tax Profit | 11,052,565 | 10,600,516 | 12,059,748 | 10,110,399 | 9,074,940 | 8,256,312 | 8,228,316 | 7,596,415 | 5,732,429 | 5,893,664 | 4,997,785 | 4,610,448 | 4,211,748 | 3,558,062 | 2,546,497 |
| Tax | -2,806,459 | -2,082,680 | -2,340,723 | -1,912,938 | -1,744,600 | -1,561,015 | -1,572,178 | -1,496,981 | -1,167,029 | -1,221,808 | -1,141,765 | -1,120,099 | -1,098,798 | -1,004,165 | -729,313 |
| Profit After Tax | 8,246,106 | 8,517,836 | 9,719,025 | 8,197,461 | 7,330,340 | 6,695,297 | 6,656,138 | 6,099,434 | 4,565,400 | 4,671,856 | 3,856,020 | 3,490,349 | 3,112,950 | 2,553,897 | 1,817,184 |
| Dividends Paid | 7,762,500 | 8,064,375 | 8,064,375 | 7,288,125 | 6,123,750 | 5,951,250 | 6,071,450 | 5,295,400 | 4,685,280 | 4,040,600 | 3,427,600 | 3,009,160 | 2,494,800 | 2,245,320 | 1,852,830 |
| Retained Profit | 483,606 | 453,461 | 1,654,650 | 909,336 | 1,206,590 | 744,047 | 584,688 | 804,034 | -119,880 | 631,256 | 428,420 | 481,189 | 618,150 | 308,577 | -35,646 |
| Employee Costs | 6,317,902 | 5,612,733 | 4,955,725 | 4,727,592 | 4,374,557 | 4,130,105 | 3,905,206 | 3,566,800 | 3,303,243 | 3,158,108 | 2,982,147 | 2,788,417 | 2,398,613 | 2,027,549 | 1,792,315 |
| Number Of Employees | 75 | 71 | 66 | 61 | 58 | 55 | 54 | 51 | 48 | 47 | 47 | 46 | 42 | 41 | 40 |
| EBITDA* | 10,619,929 | 10,582,660 | 11,974,381 | 9,995,735 | 9,151,961 | 8,223,445 | 8,286,523 | 7,460,494 | 5,763,046 | 5,841,878 | 4,970,724 | 4,583,353 | 4,236,667 | 3,596,136 | 2,586,338 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,144,556 | 2,114,745 | 2,095,479 | 2,092,230 | 2,129,683 | 2,191,620 | 2,256,713 | 2,277,231 | 2,327,016 | 2,404,384 | 2,454,203 | 2,516,590 | 2,581,516 | 2,661,031 | 2,712,943 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | ||||||
| Debtors (Due After 1 year) | 16,100 | 42,660 | 76,060 | 109,460 | |||||||||||
| Total Fixed Assets | 2,260,656 | 2,257,405 | 2,271,539 | 2,301,690 | 2,229,683 | 2,291,620 | 2,356,713 | 2,377,231 | 2,427,016 | 2,404,384 | 2,454,203 | 2,516,590 | 2,581,516 | 2,661,031 | 2,712,943 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 1,519,732 | 1,418,557 | 1,375,938 | 2,964,068 | 1,165,009 | 1,046,875 | 1,042,366 | 942,432 | 766,001 | 594,983 | |||||
| Group Debtors | 143,401 | 156,231 | 107,725 | 86,132 | 3,814,137 | 3,750,531 | 518,260 | ||||||||
| Misc Debtors | 2,433,973 | 2,238,840 | 2,156,627 | 2,049,808 | 1,825,135 | 12,687,342 | 2,537,020 | 2,977,515 | 472,487 | 1,387,640 | 608,367 | 335,700 | 292,260 | 301,672 | |
| Cash | 9,714,200 | 9,141,741 | 8,748,153 | 7,116,595 | 6,541,062 | 5,047,669 | 6,515,180 | 5,756,693 | 5,657,719 | 4,983,159 | 4,102,124 | 5,093,771 | 4,490,146 | 3,822,016 | 3,212,484 |
| misc current assets | 2,238,508 | 2,135,013 | 2,136,556 | 1,945,470 | 1,741,509 | 1,754,719 | 1,668,319 | 1,663,852 | 1,526,317 | 1,562,583 | 1,500,000 | ||||
| total current assets | 14,530,082 | 13,671,825 | 13,149,061 | 11,198,005 | 13,921,843 | 21,009,462 | 12,139,076 | 11,773,998 | 10,620,591 | 12,848,922 | 7,257,366 | 6,654,397 | 5,768,278 | 4,880,277 | 4,109,139 |
| total assets | 16,790,738 | 15,929,230 | 15,420,600 | 13,499,695 | 16,151,526 | 23,301,082 | 14,495,789 | 14,151,229 | 13,047,607 | 15,253,306 | 9,711,569 | 9,170,987 | 8,349,794 | 7,541,308 | 6,822,082 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 146,789 | 220,775 | 81,550 | 70,471 | 55,652 | 8,976 | 81,774 | 92,310 | 2,833,863 | 179,943 | 252,714 | 209,769 | 168,671 | 20,198 | 25,642 |
| Group/Directors Accounts | 3,824,220 | 537,920 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,536,472 | 2,127,972 | 2,216,378 | 2,046,362 | 1,820,906 | 14,046,116 | 3,909,285 | 4,131,821 | 1,263,739 | 5,460,691 | 1,179,255 | 1,190,444 | 1,148,424 | 1,140,659 | 801,770 |
| total current liabilities | 2,683,261 | 2,348,747 | 2,297,928 | 2,116,833 | 5,700,778 | 14,055,092 | 3,991,059 | 4,224,131 | 4,097,602 | 6,178,554 | 1,431,969 | 1,400,213 | 1,317,095 | 1,160,857 | 827,412 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 239,244 | 195,856 | 191,506 | 106,346 | 83,568 | 85,400 | 94,447 | 101,503 | 96,244 | 101,111 | 107,375 | 124,769 | 124,292 | 132,662 | 128,666 |
| total long term liabilities | 239,244 | 195,856 | 191,506 | 106,346 | 83,568 | 85,400 | 94,447 | 101,503 | 96,244 | 101,111 | 107,375 | 124,769 | 124,292 | 132,662 | 128,666 |
| total liabilities | 2,922,505 | 2,544,603 | 2,489,434 | 2,223,179 | 5,784,346 | 14,140,492 | 4,085,506 | 4,325,634 | 4,193,846 | 6,279,665 | 1,539,344 | 1,524,982 | 1,441,387 | 1,293,519 | 956,078 |
| net assets | 13,868,233 | 13,384,627 | 12,931,166 | 11,276,516 | 10,367,180 | 9,160,590 | 10,410,283 | 9,825,595 | 8,853,761 | 8,973,641 | 8,172,225 | 7,646,005 | 6,908,407 | 6,247,789 | 5,866,004 |
| total shareholders funds | 13,868,233 | 13,384,627 | 12,931,166 | 11,276,516 | 10,367,180 | 9,160,590 | 10,410,283 | 9,825,595 | 8,853,761 | 8,973,641 | 8,172,225 | 7,646,005 | 6,908,407 | 6,247,789 | 5,866,004 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 10,446,253 | 10,458,501 | 11,862,716 | 9,892,684 | 9,040,613 | 8,121,831 | 8,188,163 | 7,370,426 | 5,669,634 | 5,747,270 | 4,876,116 | 4,482,163 | 4,125,098 | 3,491,101 | 2,485,219 |
| Depreciation | 173,676 | 124,159 | 111,665 | 103,051 | 111,348 | 101,614 | 98,360 | 90,068 | 93,412 | 94,608 | 94,608 | 101,190 | 111,569 | 105,035 | 101,119 |
| Amortisation | |||||||||||||||
| Tax | -2,806,459 | -2,082,680 | -2,340,723 | -1,912,938 | -1,744,600 | -1,561,015 | -1,572,178 | -1,496,981 | -1,167,029 | -1,221,808 | -1,141,765 | -1,120,099 | -1,098,798 | -1,004,165 | -729,313 |
| Stock | |||||||||||||||
| Debtors | 155,743 | 97,319 | 95,012 | -3,393,872 | -8,567,802 | 10,251,497 | -397,876 | 916,898 | -2,866,625 | 4,647,938 | 94,616 | 282,494 | 219,871 | 161,606 | 896,655 |
| Creditors | -73,986 | 139,225 | 11,079 | 14,819 | 46,676 | -72,798 | -10,536 | -2,741,553 | 2,653,920 | -72,771 | 42,945 | 41,098 | 148,473 | -5,444 | 25,642 |
| Accruals and Deferred Income | 408,500 | -88,406 | 170,016 | 225,456 | -12,225,210 | 10,136,831 | -222,536 | 2,868,082 | -4,196,952 | 4,281,436 | -11,189 | 42,020 | 7,765 | 338,889 | 801,770 |
| Deferred Taxes & Provisions | 43,388 | 4,350 | 85,160 | 22,778 | -1,832 | -9,047 | -7,056 | 5,259 | -4,867 | -6,264 | -17,394 | 477 | -8,370 | 3,996 | 128,666 |
| Cash flow from operations | 8,035,629 | 8,457,830 | 9,804,901 | 11,739,722 | 3,794,797 | 6,465,919 | 6,872,093 | 5,178,403 | 5,914,743 | 4,174,533 | 3,748,705 | 3,264,355 | 3,065,866 | 2,767,806 | 1,916,448 |
| Investing Activities | |||||||||||||||
| capital expenditure | -89,483 | -127,503 | -40,283 | -16,044 | -110,644 | -1,532,221 | -36,264 | -32,054 | -53,123 | -33,957 | |||||
| Change in Investments | 100,000 | ||||||||||||||
| cash flow from investments | -89,483 | -127,503 | -40,283 | -116,044 | -110,644 | -1,532,221 | -36,264 | -32,054 | -53,123 | -33,957 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -3,824,220 | 3,824,220 | -537,920 | 537,920 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 562,189 | 199,298 | 54,056 | 54,960 | 100,937 | 101,042 | 85,348 | 88,454 | 99,061 | 83,811 | 121,669 | 128,285 | 86,650 | 66,961 | 61,278 |
| cash flow from financing | 562,189 | 199,298 | 54,056 | -3,769,260 | 3,925,157 | -1,892,698 | 85,348 | 256,254 | -438,859 | 791,891 | 219,469 | 384,694 | 129,118 | 140,169 | 5,962,928 |
| cash and cash equivalents | |||||||||||||||
| cash | 572,459 | 393,588 | 1,631,558 | 575,533 | 1,493,393 | -1,467,511 | 758,487 | 98,974 | 674,560 | 881,035 | -991,647 | 603,625 | 668,130 | 609,532 | 3,212,484 |
| overdraft | |||||||||||||||
| change in cash | 572,459 | 393,588 | 1,631,558 | 575,533 | 1,493,393 | -1,467,511 | 758,487 | 98,974 | 674,560 | 881,035 | -991,647 | 603,625 | 668,130 | 609,532 | 3,212,484 |
mcinroy & wood limited Credit Report and Business Information
Mcinroy & Wood Limited Competitor Analysis
Perform a competitor analysis for mcinroy & wood limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in EH41 area or any other competitors across 12 key performance metrics.
mcinroy & wood limited Ownership
MCINROY & WOOD LIMITED group structure
Mcinroy & Wood Limited has 1 subsidiary company.
Ultimate parent company
MCINROY & WOOD LIMITED
SC100377
1 subsidiary
mcinroy & wood limited directors
Mcinroy & Wood Limited currently has 11 directors. The longest serving directors include Mr John McAulay (Jun 2002) and Mr Tim Wood (Oct 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John McAulay | United Kingdom | 57 years | Jun 2002 | - | Director |
| Mr Tim Wood | United Kingdom | 50 years | Oct 2003 | - | Director |
| Mr Guido Bicocchi | United Kingdom | 49 years | Jul 2009 | - | Director |
| Mr John Marshall | United Kingdom | 66 years | Dec 2009 | - | Director |
| Mr Charles White | United Kingdom | 57 years | Aug 2012 | - | Director |
| Mrs Wendy Ferguson | United Kingdom | 54 years | Oct 2013 | - | Director |
| Mr Hugo Swann | Scotland | 46 years | Jan 2019 | - | Director |
| Mrs Elizabeth Wild | Scotland | 48 years | Mar 2022 | - | Director |
| Mr William Lindsay | Scotland | 48 years | Mar 2022 | - | Director |
| Mr David Cruickshank | Scotland | 66 years | Apr 2022 | - | Director |
P&L
April 2024turnover
20.5m
+4%
operating profit
10.4m
0%
gross margin
53.4%
-4.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
13.9m
+0.04%
total assets
16.8m
+0.05%
cash
9.7m
+0.06%
net assets
Total assets minus all liabilities
mcinroy & wood limited company details
company number
SC100377
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
August 1986
age
39
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
April 2024
previous names
randotte (no. 87) limited (November 1986)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
easter alderston alderston, haddington, east lothian, EH41 3SF
Bank
BANK OF SCOTLAND
Legal Advisor
-
mcinroy & wood 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 mcinroy & wood limited.
mcinroy & wood 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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mcinroy & wood limited Companies House Filings - See Documents
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