l mccann electrical limited
l mccann electrical limited Company Information
Company Number
SC204692
Next Accounts
Jun 2025
Shareholders
aidan mccann
ann marie mccann
View AllGroup Structure
View All
Industry
Electrical installation
Registered Address
158 park street, motherwell, lanarkshire, ML1 1PF
Website
www.mccannelectrical.co.ukl mccann electrical limited Estimated Valuation
Pomanda estimates the enterprise value of L MCCANN ELECTRICAL LIMITED at £449.9k based on a Turnover of £1.4m and 0.33x industry multiple (adjusted for size and gross margin).
l mccann electrical limited Estimated Valuation
Pomanda estimates the enterprise value of L MCCANN ELECTRICAL LIMITED at £0 based on an EBITDA of £-68.1k and a 3.47x industry multiple (adjusted for size and gross margin).
l mccann electrical limited Estimated Valuation
Pomanda estimates the enterprise value of L MCCANN ELECTRICAL LIMITED at £783.1k based on Net Assets of £319.9k and 2.45x industry multiple (adjusted for liquidity).
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L Mccann Electrical Limited Overview
L Mccann Electrical Limited is a live company located in lanarkshire, ML1 1PF with a Companies House number of SC204692. It operates in the electrical installation sector, SIC Code 43210. Founded in March 2000, it's largest shareholder is aidan mccann with a 25% stake. L Mccann Electrical Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.4m with declining growth in recent years.
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L Mccann Electrical Limited Health Check
Pomanda's financial health check has awarded L Mccann Electrical Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 8 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
8 Weak
Size
annual sales of £1.4m, make it smaller than the average company (£1.8m)
- L Mccann Electrical Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (8%)
- L Mccann Electrical Limited
8% - Industry AVG
Production
with a gross margin of 16.9%, this company has a higher cost of product (26.6%)
- L Mccann Electrical Limited
26.6% - Industry AVG
Profitability
an operating margin of -6.8% make it less profitable than the average company (6.7%)
- L Mccann Electrical Limited
6.7% - Industry AVG
Employees
with 30 employees, this is above the industry average (17)
30 - L Mccann Electrical Limited
17 - Industry AVG
Pay Structure
on an average salary of £43.9k, the company has an equivalent pay structure (£43.9k)
- L Mccann Electrical Limited
£43.9k - Industry AVG
Efficiency
resulting in sales per employee of £45.9k, this is less efficient (£144.1k)
- L Mccann Electrical Limited
£144.1k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (58 days)
- L Mccann Electrical Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 79 days, this is slower than average (41 days)
- L Mccann Electrical Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is more than average (10 days)
- L Mccann Electrical Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (23 weeks)
12 weeks - L Mccann Electrical Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 47.9%, this is a lower level of debt than the average (58.7%)
47.9% - L Mccann Electrical Limited
58.7% - Industry AVG
L MCCANN ELECTRICAL LIMITED financials
L Mccann Electrical Limited's latest turnover from September 2023 is estimated at £1.4 million and the company has net assets of £319.9 thousand. According to their latest financial statements, L Mccann Electrical Limited has 30 employees and maintains cash reserves of £58.2 thousand 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 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 30 | 28 | 28 | 28 | 28 | 23 | 32 | ||||||||
| 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 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 143,026 | 150,924 | 175,099 | 188,702 | 165,875 | 183,823 | 174,347 | 163,588 | 147,767 | 165,530 | 112,103 | 132,619 | 128,027 | 105,864 | 35,118 |
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 143,026 | 150,924 | 175,099 | 188,702 | 165,875 | 183,823 | 174,347 | 163,588 | 147,767 | 165,530 | 112,103 | 132,619 | 128,027 | 105,864 | 35,118 |
| Stock & work in progress | 125,518 | 160,526 | 138,156 | 98,061 | 115,338 | 46,924 | 193,548 | 79,098 | 243,252 | 135,247 | 82,706 | 93,803 | 71,545 | 43,250 | 73,750 |
| Trade Debtors | 287,747 | 192,517 | 202,795 | 668,553 | 278,004 | 288,041 | 510,316 | 236,386 | 565,772 | 579,600 | 436,101 | 316,882 | 257,045 | 285,055 | 479,510 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 18,592 | 21,024 | 114,065 | 87 | |||||||||||
| Cash | 58,205 | 324,441 | 284,924 | 450,383 | 220,021 | 52,163 | 9,001 | 48,607 | 44,590 | 32,493 | 113,902 | 158,767 | 136,217 | 72,179 | 111,177 |
| misc current assets | |||||||||||||||
| total current assets | 471,470 | 677,484 | 625,875 | 1,216,997 | 613,363 | 405,720 | 733,889 | 478,156 | 853,614 | 747,340 | 632,709 | 569,452 | 464,807 | 400,571 | 664,437 |
| total assets | 614,496 | 828,408 | 800,974 | 1,405,699 | 779,238 | 589,543 | 908,236 | 641,744 | 1,001,381 | 912,870 | 744,812 | 702,071 | 592,834 | 506,435 | 699,555 |
| Bank overdraft | 109,605 | 67,918 | 50,215 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 250,044 | 373,563 | 340,459 | 956,569 | 434,762 | 48,826 | 317,173 | 106,810 | 505,563 | 385,609 | 219,644 | 208,573 | 138,609 | 80,993 | 146,776 |
| Group/Directors Accounts | 418 | 868 | 2,282 | 3,450 | 147 | ||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 12,560 | 12,560 | 6,443 | ||||||||||||
| other current liabilities | 186,034 | 174,146 | 120,732 | ||||||||||||
| total current liabilities | 250,044 | 373,563 | 340,459 | 956,569 | 434,762 | 357,443 | 572,665 | 284,200 | 505,563 | 385,609 | 221,926 | 212,023 | 138,756 | 80,993 | 146,776 |
| loans | |||||||||||||||
| hp & lease commitments | 26,078 | 38,000 | 15,312 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 16,405 | 29,817 | 42,712 | 14,936 | 21,819 | 4,374 | 10,233 | 7,396 | 6,657 | 3,938 | 4,437 | 1,079 | |||
| provisions | 28,149 | 21,948 | 24,642 | 29,202 | 24,690 | 29,220 | 28,846 | 23,708 | 14,794 | 17,339 | 12,735 | 25,041 | 12,300 | 17,341 | 1,315 |
| total long term liabilities | 44,554 | 51,765 | 67,354 | 44,138 | 46,509 | 55,298 | 66,846 | 39,020 | 19,168 | 27,572 | 20,131 | 31,698 | 16,238 | 21,778 | 2,394 |
| total liabilities | 294,598 | 425,328 | 407,813 | 1,000,707 | 481,271 | 412,741 | 639,511 | 323,220 | 524,731 | 413,181 | 242,057 | 243,721 | 154,994 | 102,771 | 149,170 |
| net assets | 319,898 | 403,080 | 393,161 | 404,992 | 297,967 | 176,802 | 268,725 | 318,524 | 476,650 | 499,689 | 502,755 | 458,350 | 437,840 | 403,664 | 550,385 |
| total shareholders funds | 319,898 | 403,080 | 393,161 | 404,992 | 297,967 | 176,802 | 268,725 | 318,524 | 476,650 | 499,689 | 502,755 | 458,350 | 437,840 | 403,664 | 550,385 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 25,099 | 27,864 | 31,467 | 36,932 | 30,805 | 33,257 | 18,378 | 30,273 | 25,373 | 31,698 | 25,791 | 29,229 | 18,958 | 20,856 | 13,623 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -35,008 | 22,370 | 40,095 | -17,277 | 68,414 | -146,624 | 114,450 | -164,154 | 108,005 | 52,541 | -11,097 | 22,258 | 28,295 | -30,500 | 73,750 |
| Debtors | 95,230 | -10,278 | -465,758 | 390,549 | -28,629 | -224,707 | 180,889 | -215,321 | -13,828 | 143,499 | 119,219 | 59,837 | -28,097 | -194,368 | 479,510 |
| Creditors | -123,519 | 33,104 | -616,110 | 521,807 | 385,936 | -268,347 | 210,363 | -398,753 | 119,954 | 165,965 | 11,071 | 69,964 | 57,616 | -65,783 | 146,776 |
| Accruals and Deferred Income | -186,034 | 11,888 | 53,414 | 120,732 | |||||||||||
| Deferred Taxes & Provisions | 6,201 | -2,694 | -4,560 | 4,512 | -4,530 | 374 | 5,138 | 8,914 | -2,545 | 4,604 | -12,306 | 12,741 | -5,041 | 16,026 | 1,315 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -418 | -450 | 868 | -2,282 | -1,168 | 3,303 | 147 | ||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -38,638 | -11,922 | 28,805 | 21,755 | |||||||||||
| other long term liabilities | -13,412 | -12,895 | 27,776 | -6,883 | 21,819 | -4,374 | -5,859 | 2,837 | 739 | 2,719 | -499 | 3,358 | 1,079 | ||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -266,236 | 39,517 | -165,459 | 230,362 | 167,858 | 43,162 | -39,606 | 4,017 | 12,097 | -81,409 | -44,865 | 22,550 | 64,038 | -38,998 | 111,177 |
| overdraft | -109,605 | 41,687 | 17,703 | 50,215 | |||||||||||
| change in cash | -266,236 | 39,517 | -165,459 | 230,362 | 277,463 | 1,475 | -57,309 | -46,198 | 12,097 | -81,409 | -44,865 | 22,550 | 64,038 | -38,998 | 111,177 |
l mccann electrical limited Credit Report and Business Information
L Mccann Electrical Limited Competitor Analysis
Perform a competitor analysis for l mccann electrical limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in ML1 area or any other competitors across 12 key performance metrics.
l mccann electrical limited Ownership
L MCCANN ELECTRICAL LIMITED group structure
L Mccann Electrical Limited has no subsidiary companies.
Ultimate parent company
L MCCANN ELECTRICAL LIMITED
SC204692
l mccann electrical limited directors
L Mccann Electrical Limited currently has 4 directors. The longest serving directors include Mr Liam McCann (Mar 2000) and Mrs Ann McCann (Mar 2000).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Liam McCann | 64 years | Mar 2000 | - | Director | |
| Mrs Ann McCann | Scotland | 63 years | Mar 2000 | - | Director |
| Mr Aiden McCann | Scotland | 36 years | Apr 2011 | - | Director |
| Mr Ryan McCann | Scotland | 43 years | Mar 2015 | - | Director |
P&L
September 2023turnover
1.4m
+5%
operating profit
-93.2k
0%
gross margin
17%
-0.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
319.9k
-0.21%
total assets
614.5k
-0.26%
cash
58.2k
-0.82%
net assets
Total assets minus all liabilities
l mccann electrical limited company details
company number
SC204692
Type
Private limited with Share Capital
industry
43210 - Electrical installation
incorporation date
March 2000
age
25
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
September 2023
previous names
N/A
accountant
TURNER ACCOUNTANCY LIMITED
auditor
-
address
158 park street, motherwell, lanarkshire, ML1 1PF
Bank
-
Legal Advisor
-
l mccann electrical 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 2 charges/mortgages relating to l mccann electrical limited. Currently there are 2 open charges and 0 have been satisfied in the past.
l mccann electrical 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.
Click to start generating capital raising & share issue transactions for L MCCANN ELECTRICAL LIMITED. This can take several minutes, an email will notify you when this has completed.
l mccann electrical limited Companies House Filings - See Documents
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