burns construction (aberdeen) limited

burns construction (aberdeen) limited Company Information

Share BURNS CONSTRUCTION (ABERDEEN) LIMITED
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Company Number

SC199419

Industry

Construction of commercial buildings

 

Shareholders

burns construction holdings ltd

Group Structure

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Contact

Registered Address

amicable house 252 union street, aberdeen, AB10 1TN

burns construction (aberdeen) limited Estimated Valuation

£9.8m

Pomanda estimates the enterprise value of BURNS CONSTRUCTION (ABERDEEN) LIMITED at £9.8m based on a Turnover of £22.1m and 0.44x industry multiple (adjusted for size and gross margin).

burns construction (aberdeen) limited Estimated Valuation

£4.8m

Pomanda estimates the enterprise value of BURNS CONSTRUCTION (ABERDEEN) LIMITED at £4.8m based on an EBITDA of £1.2m and a 4.1x industry multiple (adjusted for size and gross margin).

burns construction (aberdeen) limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of BURNS CONSTRUCTION (ABERDEEN) LIMITED at £2.4m based on Net Assets of £1.6m and 1.49x industry multiple (adjusted for liquidity).

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Burns Construction (aberdeen) Limited Overview

Burns Construction (aberdeen) Limited is a live company located in aberdeen, AB10 1TN with a Companies House number of SC199419. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in September 1999, it's largest shareholder is burns construction holdings ltd with a 100% stake. Burns Construction (aberdeen) Limited is a mature, large sized company, Pomanda has estimated its turnover at £22.1m with high growth in recent years.

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Burns Construction (aberdeen) Limited Health Check

Pomanda's financial health check has awarded Burns Construction (Aberdeen) 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

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

4 Regular

positive_score

2 Weak

size

Size

annual sales of £22.1m, make it larger than the average company (£12.2m)

£22.1m - Burns Construction (aberdeen) Limited

£12.2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (7.6%)

29% - Burns Construction (aberdeen) Limited

7.6% - Industry AVG

production

Production

with a gross margin of 11.7%, this company has a higher cost of product (15.6%)

11.7% - Burns Construction (aberdeen) Limited

15.6% - Industry AVG

profitability

Profitability

an operating margin of 4.9% make it as profitable than the average company (4.5%)

4.9% - Burns Construction (aberdeen) Limited

4.5% - Industry AVG

employees

Employees

with 50 employees, this is above the industry average (34)

50 - Burns Construction (aberdeen) Limited

34 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.7k, the company has an equivalent pay structure (£55.4k)

£48.7k - Burns Construction (aberdeen) Limited

£55.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £441.4k, this is more efficient (£362.5k)

£441.4k - Burns Construction (aberdeen) Limited

£362.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 54 days, this is near the average (46 days)

54 days - Burns Construction (aberdeen) Limited

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 70 days, this is slower than average (39 days)

70 days - Burns Construction (aberdeen) Limited

39 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (19 days)

2 days - Burns Construction (aberdeen) Limited

19 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is average cash available to meet short term requirements (22 weeks)

20 weeks - Burns Construction (aberdeen) Limited

22 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.6%, this is a higher level of debt than the average (68%)

75.6% - Burns Construction (aberdeen) Limited

68% - Industry AVG

BURNS CONSTRUCTION (ABERDEEN) LIMITED financials

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Burns Construction (Aberdeen) Limited's latest turnover from December 2023 is £22.1 million and the company has net assets of £1.6 million. According to their latest financial statements, Burns Construction (Aberdeen) Limited has 50 employees and maintains cash reserves of £1.9 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover22,069,37018,219,39613,560,19010,345,92611,104,00910,323,2518,352,8278,282,1049,280,8829,780,1927,866,7318,990,8639,760,1685,988,1108,047,294
Other Income Or Grants000000000000000
Cost Of Sales19,483,28516,065,45511,494,9558,825,3239,329,2938,676,4287,135,0386,861,0518,014,3408,479,8636,842,3097,839,7998,395,7304,835,9616,641,054
Gross Profit2,586,0852,153,9412,065,2351,520,6031,774,7161,646,8221,217,7891,421,0531,266,5421,300,3291,024,4211,151,0641,364,4381,152,1491,406,240
Admin Expenses1,500,6121,633,2711,631,8481,455,0331,770,4831,577,942964,2921,092,6541,079,163958,723908,3611,100,8851,395,2741,027,050997,800
Operating Profit1,085,473520,670433,38765,5704,23368,880253,497328,399187,379341,606116,06050,179-30,836125,099408,440
Interest Payable11,5457,7051,56300011,1743,8020001,15011,09215,77516,863
Interest Receivable4,6092782,3966744,4323,213743,1465,0803,2031,6581,2879563,0909,509
Pre-Tax Profit1,078,537513,243434,22166,2448,66572,093242,397327,743192,459344,809117,71850,316-40,972112,414401,086
Tax-259,296-79,974-82,502-12,586-1,646-13,698-49,534-72,566-38,492-72,410-27,075-12,0760-25,000-98,221
Profit After Tax819,241433,269351,71953,6587,01958,395192,863255,177153,967272,39990,64338,240-40,97287,414302,865
Dividends Paid235,212176,41000001,257,746100,000000000210,000
Retained Profit584,029256,859351,71953,6587,01958,395-1,064,883155,177153,967272,39990,64338,240-40,97287,41492,865
Employee Costs2,435,7612,334,0262,237,2882,394,5682,386,7362,244,6982,296,9852,243,4592,019,1471,279,8151,116,3871,294,0551,544,2751,003,5201,890,407
Number Of Employees504844484746495048312833402657
EBITDA*1,180,475573,657476,936101,59943,713108,600290,994328,399218,728365,216131,67964,369-10,083168,143459,957

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets320,538187,399135,89194,54966,07782,12592,632103,37682,102175,499967,826808,433973,009917,037704,177
Intangible Assets0000000001,6253,1254,6256,1259,40115,305
Investments & Other0000000223,803223,803223,803223,803223,803223,803223,803250,000
Debtors (Due After 1 year)497,089259,961103,521157,818151,32784,76684,67953,38791,22497,423159,518196,337193,563136,318264,600
Total Fixed Assets817,627447,360239,412252,367217,404166,891177,311380,566397,129498,3501,354,2721,233,1981,396,5001,286,5591,234,082
Stock & work in progress107,487186,64486,06268,27452,23442,43863,890282,273132,334159,96434,06654,295116,403201,385245,551
Trade Debtors3,293,0172,963,9331,679,424931,2901,054,1251,054,2571,131,0771,232,744956,4421,264,729953,3891,070,0041,131,5101,573,8491,323,478
Group Debtors529,617638,285588,131327,425200,90184,377000000000
Misc Debtors38,29533,21231,76830,43288,62188,10236,37926,37428,057000056,43640,265
Cash1,894,0801,135,9631,214,624702,327645,992535,959320,7381,203,0331,180,167851,663429,525233,814281,027101,5181,023,521
misc current assets000000000000000
total current assets5,862,4964,958,0373,600,0092,059,7482,041,8731,805,1331,552,0842,744,4242,297,0002,276,3561,416,9801,358,1131,528,9401,933,1882,632,815
total assets6,680,1235,405,3973,839,4212,312,1152,259,2771,972,0241,729,3953,124,9902,694,1292,774,7062,771,2522,591,3112,925,4403,219,7473,866,897
Bank overdraft0050,00000000000004,7680
Bank loan31,66741,66700000000000110,500110,500
Trade Creditors 3,784,2413,315,9542,373,3001,427,2961,667,5861,425,4501,120,1411,140,245991,9721,631,6471,384,0431,449,4371,702,9961,260,4571,615,352
Group/Directors Accounts0000000223,803223,8030000223,8030
other short term finances000000000000000
hp & lease commitments49,11124,85124,85122,81916,39823,29023,59419,5056,144000015,80016,171
other current liabilities1,040,447941,814509,129362,727164,245118,785234,010323,438239,8720000195,454308,437
total current liabilities4,905,4664,324,2862,957,2801,812,8421,848,2291,567,5251,377,7451,706,9911,461,7911,631,6471,384,0431,449,4371,702,9961,810,7822,050,460
loans00000000000035,388190,636309,721
hp & lease commitments96,69834,07158,92247,16718,82417,57622,44124,5883,242000030116,102
Accruals and Deferred Income000000000000000
other liabilities0000000008,9194,6920000
provisions46,890033,03813,6447,4209,1389,8199,1380000000
total long term liabilities143,58834,07191,96060,81126,24426,71432,26033,7263,2428,9194,692035,388190,937325,823
total liabilities5,049,0544,358,3573,049,2401,873,6531,874,4731,594,2391,410,0051,740,7171,465,0331,640,5661,388,7351,449,4371,738,3842,001,7192,376,283
net assets1,631,0691,047,040790,181438,462384,804377,785319,3901,384,2731,229,0961,134,1401,382,5171,141,8741,187,0561,218,0281,490,614
total shareholders funds1,631,0691,047,040790,181438,462384,804377,785319,3901,384,2731,229,0961,134,1401,382,5171,141,8741,187,0561,218,0281,490,614
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit1,085,473520,670433,38765,5704,23368,880253,497328,399187,379341,606116,06050,179-30,836125,099408,440
Depreciation95,00252,98743,54936,02939,48039,72037,497029,72422,11014,11912,69017,47737,14045,613
Amortisation000000001,6251,5001,5001,5003,2765,9045,904
Tax-259,296-79,974-82,502-12,586-1,646-13,698-49,534-72,566-38,492-72,410-27,075-12,0760-25,000-98,221
Stock-79,157100,58217,78816,0409,796-21,452-218,383149,939-27,630125,898-20,229-62,108-84,982-44,166245,551
Debtors462,6271,492,547955,879-48,009183,47259,367-60,370236,782-286,429249,245-153,434-58,732-441,530138,2601,628,343
Creditors468,287942,654946,004-240,290242,136305,309-20,104148,273-639,675247,604-65,394-253,559442,539-354,8951,615,352
Accruals and Deferred Income98,633432,685146,402198,48245,460-115,225-89,42883,566239,872000-195,454-112,983308,437
Deferred Taxes & Provisions46,890-33,03819,3946,224-1,718-6816819,1380000000
Cash flow from operations1,151,519242,855532,56785,398134,677246,390411,362110,08994,492165,267212,873-80,426763,514-418,829411,631
Investing Activities
capital expenditure-228,141-104,495-84,891-64,501-23,432-29,213-26,753-21,27463,673770,217-173,512151,886-73,449013,486
Change in Investments000000-223,803000000-26,197250,000
cash flow from investments-228,141-104,495-84,891-64,501-23,432-29,213197,050-21,27463,673770,217-173,512151,886-73,44926,197-236,514
Financing Activities
Bank loans-10,00041,6670000000000-110,5000110,500
Group/Directors Accounts000000-223,8030223,803000-223,803223,8030
Other Short Term Loans 000000000000000
Long term loans00000000000-35,388-155,248-119,085309,721
Hire Purchase and Lease Commitments86,887-24,85113,78734,764-5,644-5,1691,94234,7079,386000-16,101-16,17232,273
other long term liabilities00000000-8,9194,2274,6920000
share issue00000000-59,011-520,776150,000-83,42210,000-360,0001,397,749
interest-6,936-7,4278336744,4323,213-11,100-6565,0803,2031,658137-10,136-12,685-7,354
cash flow from financing69,9519,38914,62035,438-1,212-1,956-232,96134,051170,339-513,346156,350-118,673-505,788-284,1391,842,889
cash and cash equivalents
cash758,117-78,661512,29756,335110,033215,221-882,29522,866328,504422,138195,711-47,213179,509-922,0031,023,521
overdraft0-50,00050,000000000000-4,7684,7680
change in cash758,117-28,661462,29756,335110,033215,221-882,29522,866328,504422,138195,711-47,213184,277-926,7711,023,521

burns construction (aberdeen) limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Burns Construction (aberdeen) Limited Competitor Analysis

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Perform a competitor analysis for burns construction (aberdeen) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in AB10 area or any other competitors across 12 key performance metrics.

burns construction (aberdeen) limited Ownership

BURNS CONSTRUCTION (ABERDEEN) LIMITED group structure

Burns Construction (Aberdeen) Limited has no subsidiary companies.

Ultimate parent company

1 parent

BURNS CONSTRUCTION (ABERDEEN) LIMITED

SC199419

BURNS CONSTRUCTION (ABERDEEN) LIMITED Shareholders

burns construction holdings ltd 100%

burns construction (aberdeen) limited directors

Burns Construction (Aberdeen) Limited currently has 2 directors. The longest serving directors include Mr Graeme Bruce (Mar 2017) and Mr Keith McPhee (Mar 2017).

officercountryagestartendrole
Mr Graeme BruceUnited Kingdom52 years Mar 2017- Director
Mr Keith McPheeUnited Kingdom50 years Mar 2017- Director

P&L

December 2023

turnover

22.1m

+21%

operating profit

1.1m

+108%

gross margin

11.8%

-0.88%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

1.6m

+0.56%

total assets

6.7m

+0.24%

cash

1.9m

+0.67%

net assets

Total assets minus all liabilities

burns construction (aberdeen) limited company details

company number

SC199419

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

incorporation date

September 1999

age

26

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

westburn construction limited (September 2001)

isandco three hundred and forty seven limited (December 1999)

accountant

-

auditor

JOHNSTON CARMICHAEL LLP

address

amicable house 252 union street, aberdeen, AB10 1TN

Bank

BANK OF SCOTLAND

Legal Advisor

-

burns construction (aberdeen) 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 5 charges/mortgages relating to burns construction (aberdeen) limited. Currently there are 5 open charges and 0 have been satisfied in the past.

burns construction (aberdeen) 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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burns construction (aberdeen) limited Companies House Filings - See Documents

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