ramsay mcmichael consulting limited
ramsay mcmichael consulting limited Company Information
Company Number
SC246396
Next Accounts
Mar 2025
Shareholders
questgates limited
Group Structure
View All
Industry
Quantity surveying activities
Registered Address
the connect building, 59 bath street, glasgow, G2 2DH
Website
www.ramsaymcmichael.co.ukramsay mcmichael consulting limited Estimated Valuation
Pomanda estimates the enterprise value of RAMSAY MCMICHAEL CONSULTING LIMITED at £431.2k based on a Turnover of £814.7k and 0.53x industry multiple (adjusted for size and gross margin).
ramsay mcmichael consulting limited Estimated Valuation
Pomanda estimates the enterprise value of RAMSAY MCMICHAEL CONSULTING LIMITED at £1m based on an EBITDA of £245.5k and a 4.16x industry multiple (adjusted for size and gross margin).
ramsay mcmichael consulting limited Estimated Valuation
Pomanda estimates the enterprise value of RAMSAY MCMICHAEL CONSULTING LIMITED at £574.9k based on Net Assets of £251.5k and 2.29x industry multiple (adjusted for liquidity).
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Ramsay Mcmichael Consulting Limited Overview
Ramsay Mcmichael Consulting Limited is a live company located in glasgow, G2 2DH with a Companies House number of SC246396. It operates in the quantity surveying activities sector, SIC Code 74902. Founded in March 2003, it's largest shareholder is questgates limited with a 100% stake. Ramsay Mcmichael Consulting Limited is a mature, small sized company, Pomanda has estimated its turnover at £814.7k with low growth in recent years.
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Ramsay Mcmichael Consulting Limited Health Check
Pomanda's financial health check has awarded Ramsay Mcmichael Consulting Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £814.7k, make it larger than the average company (£149.1k)
- Ramsay Mcmichael Consulting Limited
£149.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (3.1%)
- Ramsay Mcmichael Consulting Limited
3.1% - Industry AVG
Production
with a gross margin of 61.3%, this company has a comparable cost of product (61.3%)
- Ramsay Mcmichael Consulting Limited
61.3% - Industry AVG
Profitability
an operating margin of 29.7% make it more profitable than the average company (20.1%)
- Ramsay Mcmichael Consulting Limited
20.1% - Industry AVG
Employees
with 13 employees, this is above the industry average (2)
13 - Ramsay Mcmichael Consulting Limited
2 - Industry AVG
Pay Structure
on an average salary of £28.5k, the company has an equivalent pay structure (£28.5k)
- Ramsay Mcmichael Consulting Limited
£28.5k - Industry AVG
Efficiency
resulting in sales per employee of £62.7k, this is less efficient (£92.4k)
- Ramsay Mcmichael Consulting Limited
£92.4k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is near the average (81 days)
- Ramsay Mcmichael Consulting Limited
81 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (19 days)
- Ramsay Mcmichael Consulting Limited
19 days - Industry AVG
Stock Days
it holds stock equivalent to 57 days, this is more than average (30 days)
- Ramsay Mcmichael Consulting Limited
30 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 61 weeks, this is more cash available to meet short term requirements (23 weeks)
61 weeks - Ramsay Mcmichael Consulting Limited
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45%, this is a lower level of debt than the average (60.3%)
45% - Ramsay Mcmichael Consulting Limited
60.3% - Industry AVG
RAMSAY MCMICHAEL CONSULTING LIMITED financials
Ramsay Mcmichael Consulting Limited's latest turnover from June 2023 is estimated at £814.7 thousand and the company has net assets of £251.5 thousand. According to their latest financial statements, Ramsay Mcmichael Consulting Limited has 13 employees and maintains cash reserves of £239.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 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 | ||||||||||||||
| 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 | 13 | 13 | 13 | 13 | 12 | 12 | 11 | 11 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 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 | 6,443 | 929 | 1,497 | 2,008 | 2,734 | 3,152 | 4,340 | 6,291 | 4,871 | 3,182 | 3,033 | 3,257 | ||
| Intangible Assets | ||||||||||||||
| Investments & Other | ||||||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 6,443 | 929 | 1,497 | 2,008 | 2,734 | 3,152 | 4,340 | 6,291 | 4,871 | 3,182 | 3,033 | 3,257 | ||
| Stock & work in progress | 49,400 | 20,176 | 20,176 | 18,946 | 16,430 | 22,255 | 24,407 | 23,541 | 28,541 | 29,705 | 30,248 | 48,198 | 43,923 | 49,745 |
| Trade Debtors | 159,842 | 228,171 | 135,539 | 146,098 | 172,860 | 196,020 | 160,493 | 209,056 | 189,644 | 139,909 | 39,908 | 278,156 | 213,350 | 219,158 |
| Group Debtors | 71,726 | 100,208 | 10,208 | 10,208 | ||||||||||
| Misc Debtors | 1,644 | 8,288 | 4,188 | |||||||||||
| Cash | 239,785 | 65,992 | 172,771 | 102,837 | 41,203 | 51,025 | 80,951 | 91,544 | 8,157 | 77,058 | 212,856 | 75,943 | 41,525 | |
| misc current assets | ||||||||||||||
| total current assets | 450,671 | 386,065 | 428,694 | 278,089 | 240,701 | 277,588 | 270,039 | 324,141 | 226,342 | 246,672 | 283,012 | 402,297 | 298,798 | 268,903 |
| total assets | 457,114 | 386,994 | 428,694 | 278,089 | 242,198 | 279,596 | 272,773 | 327,293 | 230,682 | 252,963 | 287,883 | 405,479 | 301,831 | 272,160 |
| Bank overdraft | 2,388 | 18,000 | 90,000 | 90,000 | 74,553 | 62,092 | 5,573 | 57,086 | ||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 7,984 | 16,130 | 772 | 15,180 | 14,101 | 15,013 | 31,716 | 37,987 | 209,992 | 220,875 | 206,519 | 347,146 | 260,772 | 229,171 |
| Group/Directors Accounts | 9,125 | |||||||||||||
| other short term finances | ||||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 193,908 | 231,197 | 298,015 | 162,009 | 136,604 | 186,578 | 219,860 | 203,577 | ||||||
| total current liabilities | 204,280 | 265,327 | 388,787 | 267,189 | 225,258 | 263,683 | 257,149 | 307,775 | 209,992 | 220,875 | 206,519 | 347,146 | 260,772 | 229,171 |
| loans | 54,000 | |||||||||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | 1,329 | |||||||||||||
| total long term liabilities | 1,329 | 54,000 | ||||||||||||
| total liabilities | 205,609 | 319,327 | 388,787 | 267,189 | 225,258 | 263,683 | 257,149 | 307,775 | 209,992 | 220,875 | 206,519 | 347,146 | 260,772 | 229,171 |
| net assets | 251,505 | 67,667 | 39,907 | 10,900 | 16,940 | 15,913 | 15,624 | 19,518 | 20,690 | 32,088 | 81,364 | 58,333 | 41,059 | 42,989 |
| total shareholders funds | 251,505 | 67,667 | 39,907 | 10,900 | 16,940 | 15,913 | 15,624 | 19,518 | 20,690 | 32,088 | 81,364 | 58,333 | 41,059 | 42,989 |
| Jun 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 | ||||||||||||||
| Depreciation | 3,936 | 309 | 1,497 | 511 | 726 | 1,038 | 1,188 | 1,951 | 3,094 | 2,834 | 896 | 622 | 575 | |
| Amortisation | ||||||||||||||
| Tax | ||||||||||||||
| Stock | 29,224 | 1,230 | 2,516 | -5,825 | -2,152 | 866 | -5,000 | -1,164 | -543 | -17,950 | 4,275 | -5,822 | 49,745 | |
| Debtors | -138,411 | 64,150 | 79,441 | -26,762 | -21,240 | 39,627 | -44,375 | 19,412 | 49,735 | 100,001 | -238,248 | 64,806 | -5,808 | 219,158 |
| Creditors | -8,146 | 15,358 | -14,408 | 1,079 | -912 | -16,703 | -6,271 | -172,005 | -10,883 | 14,356 | -140,627 | 86,374 | 31,601 | 229,171 |
| Accruals and Deferred Income | -37,289 | -66,818 | 136,006 | 25,405 | -49,974 | -33,282 | 16,283 | 203,577 | ||||||
| Deferred Taxes & Provisions | 1,329 | |||||||||||||
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | ||||||||||||||
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | -9,125 | 9,125 | ||||||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | -54,000 | 54,000 | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 173,793 | -106,779 | 69,934 | 61,634 | -9,822 | -29,926 | -10,593 | 83,387 | -68,901 | -135,798 | 136,913 | 34,418 | 41,525 | |
| overdraft | -15,612 | -72,000 | 15,447 | 12,461 | 56,519 | -51,513 | 57,086 | |||||||
| change in cash | 189,405 | -34,779 | 69,934 | 46,187 | -22,283 | -86,445 | 40,920 | 26,301 | -68,901 | -135,798 | 136,913 | 34,418 | 41,525 |
ramsay mcmichael consulting limited Credit Report and Business Information
Ramsay Mcmichael Consulting Limited Competitor Analysis
Perform a competitor analysis for ramsay mcmichael consulting limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in G 2 area or any other competitors across 12 key performance metrics.
ramsay mcmichael consulting limited Ownership
RAMSAY MCMICHAEL CONSULTING LIMITED group structure
Ramsay Mcmichael Consulting Limited has no subsidiary companies.
Ultimate parent company
2 parents
RAMSAY MCMICHAEL CONSULTING LIMITED
SC246396
ramsay mcmichael consulting limited directors
Ramsay Mcmichael Consulting Limited currently has 5 directors. The longest serving directors include Mr Stuart McMichael (Nov 2003) and Mr Stuart McMichael (Nov 2003).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart McMichael | Scotland | 59 years | Nov 2003 | - | Director |
| Mr Stuart McMichael | 59 years | Nov 2003 | - | Director | |
| Mr Gavin Ramsay | Scotland | 61 years | Nov 2003 | - | Director |
| Mr Colin Ganson | 55 years | Jul 2023 | - | Director | |
| Mr Gregory Laker | England | 55 years | Jul 2023 | - | Director |
P&L
June 2023turnover
814.7k
-13%
operating profit
241.6k
0%
gross margin
61.3%
-13.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
251.5k
+2.72%
total assets
457.1k
+0.18%
cash
239.8k
+2.63%
net assets
Total assets minus all liabilities
ramsay mcmichael consulting limited company details
company number
SC246396
Type
Private limited with Share Capital
industry
74902 - Quantity surveying activities
incorporation date
March 2003
age
22
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
macnewco one hundred and two limited (November 2003)
accountant
THE KELVIN PARTNERSHIP LTD
auditor
-
address
the connect building, 59 bath street, glasgow, G2 2DH
Bank
-
Legal Advisor
-
ramsay mcmichael consulting 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 ramsay mcmichael consulting limited. Currently there are 0 open charges and 2 have been satisfied in the past.
ramsay mcmichael consulting 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 RAMSAY MCMICHAEL CONSULTING LIMITED. This can take several minutes, an email will notify you when this has completed.
ramsay mcmichael consulting limited Companies House Filings - See Documents
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