newlay civil engineering ltd
newlay civil engineering ltd Company Information
Company Number
SC425918
Website
www.newlaycivileng.co.ukRegistered Address
oakfield house, 378 brandon street, motherwell, lanarkshire, ML1 1XA
Industry
Construction of other civil engineering projects n.e.c.
Telephone
01236769919
Next Accounts Due
July 2024
Group Structure
View All
Shareholders
charles gibson 50%
michelle paterson 50%
newlay civil engineering ltd Estimated Valuation
The estimated valuation range for newlay civil engineering ltd, derived from financial data as of October 2022 and the most recent industry multiples, is between £1.5m to £9m
newlay civil engineering ltd Estimated Valuation
The estimated valuation range for newlay civil engineering ltd, derived from financial data as of October 2022 and the most recent industry multiples, is between £1.5m to £9m
newlay civil engineering ltd Estimated Valuation
The estimated valuation range for newlay civil engineering ltd, derived from financial data as of October 2022 and the most recent industry multiples, is between £1.5m to £9m
Get a detailed valuation report, edit figures and unlock valuation multiples.
Newlay Civil Engineering Ltd AI Business Plan
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Newlay Civil Engineering Ltd Overview
Newlay Civil Engineering Ltd is a live company located in motherwell, ML1 1XA with a Companies House number of SC425918. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in June 2012, it's largest shareholder is charles gibson with a 50% stake. Newlay Civil Engineering Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.3m with declining growth in recent years.
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Newlay Civil Engineering Ltd Health Check
Pomanda's financial health check has awarded Newlay Civil Engineering Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
5 Weak
Size
annual sales of £5.3m, make it smaller than the average company (£12m)
- Newlay Civil Engineering Ltd
£12m - Industry AVG
Growth
3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (5.6%)
- Newlay Civil Engineering Ltd
5.6% - Industry AVG
Production
with a gross margin of 16.5%, this company has a comparable cost of product (16.5%)
- Newlay Civil Engineering Ltd
16.5% - Industry AVG
Profitability
an operating margin of 23.4% make it more profitable than the average company (4.3%)
- Newlay Civil Engineering Ltd
4.3% - Industry AVG
Employees
with 48 employees, this is similar to the industry average (48)
48 - Newlay Civil Engineering Ltd
48 - Industry AVG
Pay Structure
on an average salary of £47.4k, the company has an equivalent pay structure (£47.4k)
- Newlay Civil Engineering Ltd
£47.4k - Industry AVG
Efficiency
resulting in sales per employee of £111.1k, this is less efficient (£224.8k)
- Newlay Civil Engineering Ltd
£224.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is earlier than average (58 days)
- Newlay Civil Engineering Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (45 days)
- Newlay Civil Engineering Ltd
45 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is more than average (7 days)
- Newlay Civil Engineering Ltd
7 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 157 weeks, this is more cash available to meet short term requirements (20 weeks)
157 weeks - Newlay Civil Engineering Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.2%, this is a lower level of debt than the average (61.9%)
23.2% - Newlay Civil Engineering Ltd
61.9% - Industry AVG
newlay civil engineering ltd Credit Report and Business Information
Newlay Civil Engineering Ltd Competitor Analysis
Perform a competitor analysis for newlay civil engineering ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
newlay civil engineering ltd Ownership
NEWLAY CIVIL ENGINEERING LTD group structure
Newlay Civil Engineering Ltd has no subsidiary companies.
Ultimate parent company
NEWLAY CIVIL ENGINEERING LTD
SC425918
newlay civil engineering ltd directors
Newlay Civil Engineering Ltd currently has 2 directors. The longest serving directors include Mr John Paterson (Jun 2012) and Mr Charles Gibson (Jun 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Paterson | England | 57 years | Jun 2012 | - | Director |
| Mr Charles Gibson | United Kingdom | 57 years | Jun 2012 | - | Director |
NEWLAY CIVIL ENGINEERING LTD financials
Newlay Civil Engineering Ltd's latest turnover from October 2022 is estimated at £5.3 million and the company has net assets of £5 million. According to their latest financial statements, Newlay Civil Engineering Ltd has 48 employees and maintains cash reserves of £2.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,860,245 | 7,951,049 | 7,705,848 | 8,321,253 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 4,001,154 | 4,005,454 | 4,102,805 | 4,051,888 | ||||||
| Gross Profit | 3,859,091 | 3,945,595 | 3,603,043 | 4,269,365 | ||||||
| Admin Expenses | 3,309,447 | 3,012,192 | 3,125,767 | 3,100,019 | ||||||
| Operating Profit | 549,644 | 933,403 | 477,276 | 1,169,346 | ||||||
| Interest Payable | 22,884 | 25,478 | 22,559 | 21,708 | ||||||
| Interest Receivable | 0 | 0 | 0 | 2 | ||||||
| Pre-Tax Profit | 526,760 | 907,925 | 454,717 | 1,147,640 | ||||||
| Tax | -102,715 | -186,448 | -236,936 | -300,830 | ||||||
| Profit After Tax | 424,045 | 721,477 | 217,781 | 846,810 | ||||||
| Dividends Paid | 60,000 | 0 | 0 | 0 | ||||||
| Retained Profit | 364,045 | 721,477 | 217,781 | 846,810 | ||||||
| Employee Costs | 1,841,662 | 1,730,295 | 1,698,465 | 1,641,078 | ||||||
| Number Of Employees | 48 | 48 | 48 | 51 | 50 | 52 | 60 | 60 | 61 | 60 |
| EBITDA* | 1,361,908 | 1,730,244 | 1,277,534 | 1,951,495 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,395,058 | 2,127,454 | 2,055,903 | 1,864,824 | 1,456,797 | 1,492,345 | 1,376,510 | 1,220,930 | 1,068,074 | 938,659 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 600,000 | 1,200,000 | 1,800,000 | 2,400,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,395,058 | 2,127,454 | 2,055,903 | 1,864,824 | 1,456,797 | 1,492,345 | 1,976,510 | 2,420,930 | 2,868,074 | 3,338,659 |
| Stock & work in progress | 570,753 | 489,864 | 521,419 | 173,456 | 490,859 | 340,843 | 238,788 | 169,355 | 292,252 | 238,195 |
| Trade Debtors | 500,676 | 1,303,506 | 915,056 | 801,919 | 512,854 | 892,195 | 884,460 | 1,464,647 | 1,004,701 | 616,276 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 471,548 | 631,248 | 638,882 | 692,534 | 0 | 672,467 | 202,808 | 27,472 | 25,586 | 28,836 |
| Cash | 2,598,782 | 1,976,171 | 677,658 | 1,238,612 | 645,169 | 1,051,446 | 767,062 | 806,716 | 875,738 | 1,048,613 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 4,141,759 | 4,400,789 | 2,753,015 | 2,906,521 | 2,331,970 | 2,956,951 | 2,093,118 | 2,468,190 | 2,198,277 | 1,931,920 |
| total assets | 6,536,817 | 6,528,243 | 4,808,918 | 4,771,345 | 3,788,767 | 4,449,296 | 4,069,628 | 4,889,120 | 5,066,351 | 5,270,579 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 55,515 | 956,264 | 990,710 | 1,098,138 | 1,042,988 | 1,211,916 | 845,148 | 1,040,711 | 1,497,929 | 1,018,715 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 835,569 | 1,265,107 | 2,257,569 |
| other short term finances | 0 | 0 | 0 | 0 | 141,737 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 133,442 | 182,313 | 163,444 | 179,058 | 0 | 209,603 | 195,102 | 199,721 | 198,617 | 183,553 |
| other current liabilities | 670,962 | 822,040 | 466,714 | 560,309 | 0 | 477,706 | 449,874 | 562,413 | 590,298 | 664,511 |
| total current liabilities | 859,919 | 1,960,617 | 1,620,868 | 1,837,505 | 1,539,343 | 1,899,225 | 1,490,124 | 2,638,414 | 3,551,951 | 4,124,348 |
| loans | 0 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 93,854 | 197,971 | 275,249 | 309,009 | 0 | 136,193 | 183,443 | 215,667 | 233,165 | 253,594 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 564,977 | 404,216 | 390,621 | 364,567 | 0 | 251,132 | 244,948 | 247,971 | 215,644 | 44,827 |
| total long term liabilities | 658,831 | 602,187 | 715,870 | 673,576 | 345,527 | 387,325 | 428,391 | 463,638 | 448,809 | 298,421 |
| total liabilities | 1,518,750 | 2,562,804 | 2,336,738 | 2,511,081 | 1,884,870 | 2,286,550 | 1,918,515 | 3,102,052 | 4,000,760 | 4,422,769 |
| net assets | 5,018,067 | 3,965,439 | 2,472,180 | 2,260,264 | 1,903,897 | 2,162,746 | 2,151,113 | 1,787,068 | 1,065,591 | 847,810 |
| total shareholders funds | 5,018,067 | 3,965,439 | 2,472,180 | 2,260,264 | 1,903,897 | 2,162,746 | 2,151,113 | 1,787,068 | 1,065,591 | 847,810 |
| Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 549,644 | 933,403 | 477,276 | 1,169,346 | ||||||
| Depreciation | 373,641 | 333,248 | 246,030 | 266,007 | 135,840 | 227,452 | 212,264 | 196,841 | 200,258 | 182,149 |
| Amortisation | 0 | 0 | 0 | 0 | 600,000 | 600,000 | 600,000 | 600,000 | 600,000 | |
| Tax | -102,715 | -186,448 | -236,936 | -300,830 | ||||||
| Stock | 80,889 | -31,555 | 347,963 | -317,403 | 150,016 | 102,055 | 69,433 | -122,897 | 54,057 | 238,195 |
| Debtors | -962,530 | 380,816 | 59,485 | 981,599 | -1,051,808 | 477,394 | -404,851 | 461,832 | 385,175 | 645,112 |
| Creditors | -900,749 | -34,446 | -107,428 | 55,150 | -168,928 | 366,768 | -195,563 | -457,218 | 479,214 | 1,018,715 |
| Accruals and Deferred Income | -151,078 | 355,326 | -93,595 | 560,309 | -477,706 | 27,832 | -112,539 | -27,885 | -74,213 | 664,511 |
| Deferred Taxes & Provisions | 160,761 | 13,595 | 26,054 | 364,567 | -251,132 | 6,184 | -3,023 | 32,327 | 170,817 | 44,827 |
| Cash flow from operations | 1,283,486 | 752,085 | 1,177,184 | 2,495,411 | ||||||
| Investing Activities | ||||||||||
| capital expenditure | -357,375 | -67,039 | -76,784 | -3,896,940 | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | -357,375 | -67,039 | -76,784 | -3,896,940 | ||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | -835,569 | -429,538 | -992,462 | 2,257,569 |
| Other Short Term Loans | 0 | 0 | 0 | -141,737 | 141,737 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -152,988 | -58,409 | -49,374 | 488,067 | -345,796 | -32,749 | -36,843 | -16,394 | -5,365 | 437,147 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -22,884 | -25,478 | -22,559 | -21,706 | ||||||
| cash flow from financing | -895,296 | -471,410 | -1,020,386 | 2,674,010 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 622,611 | 1,298,513 | -560,954 | 593,443 | -406,277 | 284,384 | -39,654 | -69,022 | -172,875 | 1,048,613 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 622,611 | 1,298,513 | -560,954 | 593,443 | -406,277 | 284,384 | -39,654 | -69,022 | -172,875 | 1,048,613 |
P&L
October 2022turnover
5.3m
-36%
operating profit
1.2m
0%
gross margin
16.5%
+0.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2022net assets
5m
+0.27%
total assets
6.5m
0%
cash
2.6m
+0.32%
net assets
Total assets minus all liabilities
newlay civil engineering ltd company details
company number
SC425918
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
June 2012
age
12
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
oakfield house, 378 brandon street, motherwell, lanarkshire, ML1 1XA
last accounts submitted
October 2022
newlay civil engineering ltd 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 did not find charges/mortgages relating to newlay civil engineering ltd.
newlay civil engineering ltd Companies House Filings - See Documents
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