urban union limited
urban union limited Company Information
Company Number
SC393194
Next Accounts
Mar 2025
Shareholders
robertson group (holdings) limited
Group Structure
View All
Industry
Construction of domestic buildings
Registered Address
10 perimeter road, pinefield industrial estate, elgin, morayshire, IV30 6AE
Website
urbanunionltd.co.ukurban union limited Estimated Valuation
Pomanda estimates the enterprise value of URBAN UNION LIMITED at £23m based on a Turnover of £37m and 0.62x industry multiple (adjusted for size and gross margin).
urban union limited Estimated Valuation
Pomanda estimates the enterprise value of URBAN UNION LIMITED at £10.1m based on an EBITDA of £1.9m and a 5.28x industry multiple (adjusted for size and gross margin).
urban union limited Estimated Valuation
Pomanda estimates the enterprise value of URBAN UNION LIMITED at £6m based on Net Assets of £4.4m and 1.39x industry multiple (adjusted for liquidity).
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Urban Union Limited Overview
Urban Union Limited is a live company located in elgin, IV30 6AE with a Companies House number of SC393194. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in February 2011, it's largest shareholder is robertson group (holdings) limited with a 100% stake. Urban Union Limited is a established, large sized company, Pomanda has estimated its turnover at £37m with high growth in recent years.
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Urban Union Limited Health Check
Pomanda's financial health check has awarded Urban Union Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £37m, make it larger than the average company (£503.7k)
£37m - Urban Union Limited
£503.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (7.6%)
17% - Urban Union Limited
7.6% - Industry AVG
Production
with a gross margin of 12.7%, this company has a higher cost of product (20.4%)
12.7% - Urban Union Limited
20.4% - Industry AVG
Profitability
an operating margin of 5.1% make it as profitable than the average company (5.6%)
5.1% - Urban Union Limited
5.6% - Industry AVG
Employees
with 40 employees, this is above the industry average (3)
40 - Urban Union Limited
3 - Industry AVG
Pay Structure
on an average salary of £60.3k, the company has a higher pay structure (£43.3k)
£60.3k - Urban Union Limited
£43.3k - Industry AVG
Efficiency
resulting in sales per employee of £926.1k, this is more efficient (£210.9k)
£926.1k - Urban Union Limited
£210.9k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is near the average (25 days)
21 days - Urban Union Limited
25 days - Industry AVG
Creditor Days
its suppliers are paid after 12 days, this is quicker than average (30 days)
12 days - Urban Union Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 208 days, this is less than average (262 days)
208 days - Urban Union Limited
262 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (15 weeks)
6 weeks - Urban Union Limited
15 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.2%, this is a higher level of debt than the average (72.4%)
83.2% - Urban Union Limited
72.4% - Industry AVG
URBAN UNION LIMITED financials
Urban Union Limited's latest turnover from June 2023 is £37 million and the company has net assets of £4.4 million. According to their latest financial statements, Urban Union Limited has 40 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Apr 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 37,044,000 | 24,105,000 | 27,603,000 | 22,884,000 | 25,434,000 | 27,156,000 | 15,855,000 | 23,703,000 | 10,739,000 | 10,725,000 | 8,337,000 | 604,000 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | 32,326,000 | 21,951,000 | 25,075,000 | 21,178,000 | 22,356,000 | 25,464,000 | 13,958,000 | 20,911,000 | 10,369,000 | 10,249,000 | 8,001,000 | 568,000 |
| Gross Profit | 4,718,000 | 2,154,000 | 2,528,000 | 1,706,000 | 3,078,000 | 1,692,000 | 1,897,000 | 2,792,000 | 370,000 | 476,000 | 336,000 | 36,000 |
| Admin Expenses | 2,840,000 | 1,710,000 | 1,616,000 | 1,443,000 | 1,422,000 | 1,185,000 | 1,035,000 | 629,000 | 55,000 | 409,000 | 287,000 | 89,000 |
| Operating Profit | 1,878,000 | 444,000 | 912,000 | 263,000 | 1,656,000 | 507,000 | 862,000 | 2,163,000 | 315,000 | 67,000 | 49,000 | -53,000 |
| Interest Payable | 822,000 | 403,000 | 148,000 | 204,000 | 206,000 | 176,000 | 176,000 | 174,000 | 53,000 | |||
| Interest Receivable | 1,000 | |||||||||||
| Pre-Tax Profit | 1,056,000 | 41,000 | 764,000 | 59,000 | 1,450,000 | 331,000 | 686,000 | 1,989,000 | 262,000 | 67,000 | 50,000 | -53,000 |
| Tax | -219,000 | -7,000 | -142,000 | -10,000 | -280,000 | -67,000 | -137,000 | -404,000 | -56,000 | -20,000 | ||
| Profit After Tax | 837,000 | 34,000 | 622,000 | 49,000 | 1,170,000 | 264,000 | 549,000 | 1,585,000 | 206,000 | 47,000 | 50,000 | -53,000 |
| Dividends Paid | 1,000,000 | |||||||||||
| Retained Profit | 837,000 | 34,000 | 622,000 | 49,000 | 1,170,000 | 264,000 | -451,000 | 1,585,000 | 206,000 | 47,000 | 50,000 | -53,000 |
| Employee Costs | 2,411,000 | 2,026,000 | 1,690,000 | 1,550,000 | 1,161,000 | 877,000 | 686,000 | 274,000 | ||||
| Number Of Employees | 40 | 35 | 30 | 26 | 19 | 16 | 9 | 4 | ||||
| EBITDA* | 1,912,000 | 461,000 | 933,000 | 311,000 | 1,734,000 | 574,000 | 901,000 | 2,166,000 | 319,000 | 71,000 | 53,000 | -50,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Apr 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 97,000 | 46,000 | 20,000 | 29,000 | 58,000 | 102,000 | 144,000 | 9,000 | 5,000 | 8,000 | 12,000 | 16,000 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | 569,000 | 345,000 | 578,000 | 395,000 | ||||||||
| Total Fixed Assets | 666,000 | 391,000 | 598,000 | 424,000 | 58,000 | 102,000 | 144,000 | 9,000 | 5,000 | 8,000 | 12,000 | 16,000 |
| Stock & work in progress | 18,455,000 | 17,540,000 | 13,104,000 | 12,525,000 | 10,367,000 | 12,992,000 | 7,823,000 | 5,013,000 | 5,935,000 | 1,270,000 | 668,000 | 456,000 |
| Trade Debtors | 2,135,000 | 2,721,000 | 687,000 | 359,000 | 1,515,000 | 2,668,000 | 2,392,000 | 1,922,000 | 1,618,000 | 1,612,000 | 806,000 | 145,000 |
| Group Debtors | 224,000 | 297,000 | 224,000 | 220,000 | 2,000 | |||||||
| Misc Debtors | 2,113,000 | 1,878,000 | 5,028,000 | 65,000 | 132,000 | 458,000 | 254,000 | 198,000 | 47,000 | 29,000 | 128,000 | |
| Cash | 2,658,000 | 3,245,000 | 927,000 | 993,000 | 343,000 | 2,393,000 | 2,377,000 | 1,273,000 | 256,000 | 787,000 | 11,000 | |
| misc current assets | ||||||||||||
| total current assets | 25,361,000 | 25,384,000 | 19,746,000 | 13,942,000 | 12,225,000 | 16,016,000 | 13,363,000 | 9,790,000 | 9,244,000 | 3,185,000 | 2,292,000 | 740,000 |
| total assets | 26,027,000 | 25,775,000 | 20,344,000 | 14,366,000 | 12,283,000 | 16,118,000 | 13,507,000 | 9,799,000 | 9,249,000 | 3,193,000 | 2,304,000 | 756,000 |
| Bank overdraft | 1,108,000 | |||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 1,144,000 | 658,000 | 790,000 | 501,000 | 9,071,000 | 323,000 | 304,000 | 560,000 | 157,000 | 126,000 | 15,000 | 12,000 |
| Group/Directors Accounts | 13,420,000 | 17,917,000 | 10,439,000 | 5,458,000 | 10,512,000 | 8,623,000 | 5,884,000 | 5,413,000 | 1,810,000 | 1,031,000 | 785,000 | |
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 6,181,000 | 2,903,000 | 4,971,000 | 3,634,000 | 2,132,000 | 2,801,000 | 1,124,000 | 3,034,000 | 818,000 | 1,044,000 | 12,000 | |
| total current liabilities | 20,745,000 | 21,478,000 | 16,200,000 | 9,593,000 | 9,071,000 | 14,075,000 | 11,728,000 | 7,568,000 | 8,604,000 | 2,754,000 | 2,090,000 | 809,000 |
| loans | 705,000 | 673,000 | 654,000 | 753,000 | 394,000 | 394,000 | 394,000 | 394,000 | 394,000 | |||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 216,000 | 100,000 | 1,152,000 | 394,000 | 216,000 | |||||||
| provisions | ||||||||||||
| total long term liabilities | 921,000 | 773,000 | 654,000 | 1,905,000 | 394,000 | 394,000 | 394,000 | 394,000 | 394,000 | 394,000 | 216,000 | |
| total liabilities | 21,666,000 | 22,251,000 | 16,854,000 | 11,498,000 | 9,465,000 | 14,469,000 | 12,122,000 | 7,962,000 | 8,998,000 | 3,148,000 | 2,306,000 | 809,000 |
| net assets | 4,361,000 | 3,524,000 | 3,490,000 | 2,868,000 | 2,818,000 | 1,649,000 | 1,385,000 | 1,837,000 | 251,000 | 45,000 | -2,000 | -53,000 |
| total shareholders funds | 4,361,000 | 3,524,000 | 3,490,000 | 2,868,000 | 2,818,000 | 1,649,000 | 1,385,000 | 1,837,000 | 251,000 | 45,000 | -2,000 | -53,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Apr 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | 1,878,000 | 444,000 | 912,000 | 263,000 | 1,656,000 | 507,000 | 862,000 | 2,163,000 | 315,000 | 67,000 | 49,000 | -53,000 |
| Depreciation | 34,000 | 17,000 | 21,000 | 48,000 | 78,000 | 67,000 | 39,000 | 3,000 | 4,000 | 4,000 | 4,000 | 3,000 |
| Amortisation | ||||||||||||
| Tax | -219,000 | -7,000 | -142,000 | -10,000 | -280,000 | -67,000 | -137,000 | -404,000 | -56,000 | -20,000 | ||
| Stock | 915,000 | 4,436,000 | 579,000 | 2,158,000 | -2,625,000 | 5,169,000 | 2,810,000 | -922,000 | 4,665,000 | 602,000 | 212,000 | 456,000 |
| Debtors | -127,000 | -1,349,000 | 5,474,000 | -696,000 | -1,509,000 | -123,000 | 747,000 | 364,000 | 377,000 | 822,000 | 564,000 | 273,000 |
| Creditors | 486,000 | -132,000 | 289,000 | -8,570,000 | 8,748,000 | 19,000 | -256,000 | 403,000 | 31,000 | 111,000 | 3,000 | 12,000 |
| Accruals and Deferred Income | 3,278,000 | -2,068,000 | 1,337,000 | 3,634,000 | -2,132,000 | -669,000 | 1,677,000 | -1,910,000 | 2,216,000 | -226,000 | 1,032,000 | 12,000 |
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | 4,669,000 | -4,833,000 | -3,636,000 | -6,097,000 | 12,204,000 | -5,189,000 | -1,372,000 | 813,000 | -2,532,000 | -1,488,000 | 312,000 | -755,000 |
| Investing Activities | ||||||||||||
| capital expenditure | -32,000 | -25,000 | -174,000 | -7,000 | ||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | -32,000 | -25,000 | -174,000 | -7,000 | ||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | -4,497,000 | 7,478,000 | 4,981,000 | 5,458,000 | -10,512,000 | 1,889,000 | 2,739,000 | 471,000 | 3,603,000 | 779,000 | 246,000 | 785,000 |
| Other Short Term Loans | ||||||||||||
| Long term loans | 32,000 | 19,000 | -99,000 | 359,000 | 394,000 | |||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | 116,000 | 100,000 | -1,152,000 | 1,152,000 | -394,000 | 178,000 | 216,000 | |||||
| share issue | ||||||||||||
| interest | -822,000 | -403,000 | -148,000 | -204,000 | -206,000 | -176,000 | -176,000 | -174,000 | -53,000 | 1,000 | ||
| cash flow from financing | -5,171,000 | 7,194,000 | 3,582,000 | 6,766,000 | -10,719,000 | 1,713,000 | 2,562,000 | 298,000 | 3,550,000 | 957,000 | 464,000 | 785,000 |
| cash and cash equivalents | ||||||||||||
| cash | -587,000 | 2,318,000 | -66,000 | 650,000 | 343,000 | -2,393,000 | 16,000 | 1,104,000 | 1,017,000 | -531,000 | 776,000 | 11,000 |
| overdraft | -1,108,000 | 1,108,000 | ||||||||||
| change in cash | -587,000 | 2,318,000 | -66,000 | 650,000 | 1,451,000 | -3,501,000 | 16,000 | 1,104,000 | 1,017,000 | -531,000 | 776,000 | 11,000 |
urban union limited Credit Report and Business Information
Urban Union Limited Competitor Analysis
Perform a competitor analysis for urban union limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in IV30 area or any other competitors across 12 key performance metrics.
urban union limited Ownership
URBAN UNION LIMITED group structure
Urban Union Limited has no subsidiary companies.
Ultimate parent company
2 parents
URBAN UNION LIMITED
SC393194
urban union limited directors
Urban Union Limited currently has 6 directors. The longest serving directors include Mr Neil McKay (Oct 2019) and Mr William Robertson (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil McKay | 55 years | Oct 2019 | - | Director | |
| Mr William Robertson | 79 years | Oct 2019 | - | Director | |
| Mr William Robertson | Scotland | 79 years | Oct 2019 | - | Director |
| Ms Irene Wilson | 54 years | Oct 2019 | - | Director | |
| Mr Elliot Robertson | Scotland | 54 years | Oct 2019 | - | Director |
| Mr Brian McQuade | Scotland | 62 years | Feb 2020 | - | Director |
P&L
June 2023turnover
37m
+54%
operating profit
1.9m
+323%
gross margin
12.8%
+42.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
4.4m
+0.24%
total assets
26m
+0.01%
cash
2.7m
-0.18%
net assets
Total assets minus all liabilities
urban union limited company details
company number
SC393194
Type
Private limited with Share Capital
industry
41202 - Construction of domestic buildings
incorporation date
February 2011
age
14
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
10 perimeter road, pinefield industrial estate, elgin, morayshire, IV30 6AE
Bank
SANTANDER UK PLC
Legal Advisor
ANDERSON STRATHERN
urban union 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 4 charges/mortgages relating to urban union limited. Currently there are 1 open charges and 3 have been satisfied in the past.
urban union 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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urban union limited Companies House Filings - See Documents
| date | description | view/download |
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