mckernan homes limited
mckernan homes limited Company Information
Company Number
SC270388
Website
www.mckernanhomes.co.ukRegistered Address
third floor 2 semple street, edinburgh, city of edinburgh, EH3 8BL
Industry
Construction of domestic buildings
Telephone
01236720634
Next Accounts Due
1603 days late
Group Structure
View All
Directors
Peter McKernan19 Years
Shareholders
peter mckernan 100%
mckernan homes limited Estimated Valuation
Pomanda estimates the enterprise value of MCKERNAN HOMES LIMITED at £12.4k based on a Turnover of £32.9k and 0.38x industry multiple (adjusted for size and gross margin).
mckernan homes limited Estimated Valuation
Pomanda estimates the enterprise value of MCKERNAN HOMES LIMITED at £1.7m based on an EBITDA of £560.3k and a 3.05x industry multiple (adjusted for size and gross margin).
mckernan homes limited Estimated Valuation
Pomanda estimates the enterprise value of MCKERNAN HOMES LIMITED at £545.2k based on Net Assets of £432.7k and 1.26x industry multiple (adjusted for liquidity).
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Mckernan Homes Limited Overview
Mckernan Homes Limited is a live company located in city of edinburgh, EH3 8BL with a Companies House number of SC270388. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in July 2004, it's largest shareholder is peter mckernan with a 100% stake. Mckernan Homes Limited is a mature, micro sized company, Pomanda has estimated its turnover at £32.9k with declining growth in recent years.
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Mckernan Homes Limited Health Check
Pomanda's financial health check has awarded Mckernan Homes Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
4 Weak
Size
annual sales of £32.9k, make it smaller than the average company (£556.9k)
- Mckernan Homes Limited
£556.9k - Industry AVG
Growth
3 year (CAGR) sales growth of -82%, show it is growing at a slower rate (12.2%)
- Mckernan Homes Limited
12.2% - Industry AVG
Production
with a gross margin of 21.9%, this company has a comparable cost of product (21.9%)
- Mckernan Homes Limited
21.9% - Industry AVG
Profitability
an operating margin of 1700.7% make it more profitable than the average company (8.7%)
- Mckernan Homes Limited
8.7% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
- Mckernan Homes Limited
6 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
- Mckernan Homes Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £32.9k, this is less efficient (£249.8k)
- Mckernan Homes Limited
£249.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mckernan Homes Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (30 days)
- Mckernan Homes Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mckernan Homes Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mckernan Homes Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.2%, this is a lower level of debt than the average (75.6%)
32.2% - Mckernan Homes Limited
75.6% - Industry AVG
mckernan homes limited Credit Report and Business Information
Mckernan Homes Limited Competitor Analysis
Perform a competitor analysis for mckernan homes limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
mckernan homes limited Ownership
MCKERNAN HOMES LIMITED group structure
Mckernan Homes Limited has no subsidiary companies.
Ultimate parent company
MCKERNAN HOMES LIMITED
SC270388
mckernan homes limited directors
Mckernan Homes Limited currently has 1 director, Mr Peter McKernan serving since Jul 2004.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter McKernan | United Kingdom | 56 years | Jul 2004 | - | Director |
MCKERNAN HOMES LIMITED financials
Mckernan Homes Limited's latest turnover from March 2018 is estimated at £32.9 thousand and the company has net assets of £432.7 thousand. According to their latest financial statements, we estimate that Mckernan Homes Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1,375 | 1,833 | 637,750 | 3,667 | 0 | 1,566 | 3,207 | 4,277 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 635,000 | 635,000 | 635,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 635,000 | 636,375 | 636,833 | 637,750 | 3,667 | 0 | 1,566 | 3,207 | 4,277 |
| Stock & work in progress | 0 | 510,097 | 510,097 | 510,097 | 1,328,097 | 1,702,097 | 2,585,497 | 1,732,297 | 1,732,297 |
| Trade Debtors | 0 | 0 | 0 | 8,330 | 11,233 | 11,413 | 19,546 | 5,094 | 100 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,790 | 2,790 | 1,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 33 | 26,949 | 71,449 | 56,847 | 23,948 | 20,016 | 23,681 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,790 | 512,887 | 511,630 | 545,376 | 1,410,779 | 1,770,357 | 2,628,991 | 1,757,407 | 1,756,078 |
| total assets | 637,790 | 1,149,262 | 1,148,463 | 1,183,126 | 1,414,446 | 1,770,357 | 2,630,557 | 1,760,614 | 1,760,355 |
| Bank overdraft | 0 | 886,213 | 886,213 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,525 | 3,524 | 3,524 | 1,203,759 | 1,520,660 | 1,834,459 | 3,457,104 | 2,547,756 | 2,568,038 |
| Group/Directors Accounts | 59,282 | 57,624 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 142,314 | 198,609 | 275,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 205,121 | 1,145,970 | 1,165,237 | 1,203,759 | 1,520,660 | 1,834,459 | 3,457,104 | 2,547,756 | 2,568,038 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 205,121 | 1,145,970 | 1,165,237 | 1,203,759 | 1,520,660 | 1,834,459 | 3,457,104 | 2,547,756 | 2,568,038 |
| net assets | 432,669 | 3,292 | -16,774 | -20,633 | -106,214 | -64,102 | -826,547 | -787,142 | -807,683 |
| total shareholders funds | 432,669 | 3,292 | -16,774 | -20,633 | -106,214 | -64,102 | -826,547 | -787,142 | -807,683 |
| Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,375 | 458 | 917 | 917 | 333 | 1,566 | 1,641 | 1,070 | 1,426 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | -510,097 | 0 | 0 | -818,000 | -374,000 | -883,400 | 853,200 | 0 | 1,732,297 |
| Debtors | 0 | 1,290 | -6,830 | -2,903 | -180 | -8,133 | 14,452 | 4,994 | 100 |
| Creditors | 1 | 0 | -1,200,235 | -316,901 | -313,799 | -1,622,645 | 909,348 | -20,282 | 2,568,038 |
| Accruals and Deferred Income | -56,295 | -76,891 | 275,500 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 635,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,658 | 57,624 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | -33 | -26,916 | -44,500 | 14,602 | 32,899 | 3,932 | -3,665 | 23,681 |
| overdraft | -886,213 | 0 | 886,213 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 886,213 | -33 | -913,129 | -44,500 | 14,602 | 32,899 | 3,932 | -3,665 | 23,681 |
P&L
March 2018turnover
32.9k
-88%
operating profit
558.9k
0%
gross margin
22%
-3.6%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
432.7k
+130.43%
total assets
637.8k
-0.45%
cash
0
0%
net assets
Total assets minus all liabilities
mckernan homes limited company details
company number
SC270388
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
July 2004
age
20
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
third floor 2 semple street, edinburgh, city of edinburgh, EH3 8BL
last accounts submitted
March 2018
mckernan homes 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 12 charges/mortgages relating to mckernan homes limited. Currently there are 1 open charges and 11 have been satisfied in the past.
mckernan homes limited Companies House Filings - See Documents
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