morleys (bicester) ltd
morleys (bicester) ltd Company Information
Company Number
00242437
Next Accounts
Oct 2025
Shareholders
morleys stores ltd
Group Structure
View All
Industry
Other retail sale not in stores, stalls or markets
Registered Address
472-488 brixton road, london, SW9 8EH
Website
www.morleys.co.ukmorleys (bicester) ltd Estimated Valuation
Pomanda estimates the enterprise value of MORLEYS (BICESTER) LTD at £2.7m based on a Turnover of £6.5m and 0.41x industry multiple (adjusted for size and gross margin).
morleys (bicester) ltd Estimated Valuation
Pomanda estimates the enterprise value of MORLEYS (BICESTER) LTD at £824.3k based on an EBITDA of £193.8k and a 4.25x industry multiple (adjusted for size and gross margin).
morleys (bicester) ltd Estimated Valuation
Pomanda estimates the enterprise value of MORLEYS (BICESTER) LTD at £753.2k based on Net Assets of £360.7k and 2.09x industry multiple (adjusted for liquidity).
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Morleys (bicester) Ltd Overview
Morleys (bicester) Ltd is a live company located in london, SW9 8EH with a Companies House number of 00242437. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in September 1929, it's largest shareholder is morleys stores ltd with a 100% stake. Morleys (bicester) Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £6.5m with high growth in recent years.
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Morleys (bicester) Ltd Health Check
Pomanda's financial health check has awarded Morleys (Bicester) Ltd a 3 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 £6.5m, make it larger than the average company (£1.1m)
- Morleys (bicester) Ltd
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (10.8%)
- Morleys (bicester) Ltd
10.8% - Industry AVG
Production
with a gross margin of 31.5%, this company has a comparable cost of product (31.5%)
- Morleys (bicester) Ltd
31.5% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (4.3%)
- Morleys (bicester) Ltd
4.3% - Industry AVG
Employees
with 39 employees, this is above the industry average (9)
39 - Morleys (bicester) Ltd
9 - Industry AVG
Pay Structure
on an average salary of £36.3k, the company has an equivalent pay structure (£36.3k)
- Morleys (bicester) Ltd
£36.3k - Industry AVG
Efficiency
resulting in sales per employee of £167.3k, this is less efficient (£204k)
- Morleys (bicester) Ltd
£204k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (32 days)
- Morleys (bicester) Ltd
32 days - Industry AVG
Creditor Days
its suppliers are paid after 54 days, this is slower than average (37 days)
- Morleys (bicester) Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 43 days, this is less than average (66 days)
- Morleys (bicester) Ltd
66 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 16 weeks, this is less cash available to meet short term requirements (23 weeks)
16 weeks - Morleys (bicester) Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 82.8%, this is a higher level of debt than the average (64.4%)
82.8% - Morleys (bicester) Ltd
64.4% - Industry AVG
MORLEYS (BICESTER) LTD financials
Morleys (Bicester) Ltd's latest turnover from January 2024 is estimated at £6.5 million and the company has net assets of £360.7 thousand. According to their latest financial statements, Morleys (Bicester) Ltd has 39 employees and maintains cash reserves of £321.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Feb 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 7,657,799 | 8,646,918 | 9,161,149 | 8,679,744 | 8,920,796 | 9,502,904 | 11,176,960 | 13,004,893 | |||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 5,201,197 | 5,581,529 | 5,713,775 | 5,488,257 | 5,649,405 | 5,857,548 | 6,883,493 | 7,861,151 | |||||||
| Gross Profit | 2,456,602 | 3,065,389 | 3,447,374 | 3,191,487 | 3,271,391 | 3,645,356 | 4,293,467 | 5,143,742 | |||||||
| Admin Expenses | 2,536,107 | 2,926,159 | 2,920,448 | 2,877,725 | 2,974,065 | 3,343,972 | 3,252,924 | 3,930,199 | |||||||
| Operating Profit | -79,505 | 139,230 | 526,926 | 313,762 | 297,326 | 301,384 | 1,040,543 | 1,213,543 | |||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 7 | 438 | 103 | 1,110 | |||||||||||
| Pre-Tax Profit | -79,505 | 139,230 | 526,926 | 313,769 | 297,326 | 301,822 | 1,040,646 | 1,214,653 | |||||||
| Tax | 3,510 | -28,275 | -113,774 | -74,422 | -73,462 | -97,354 | -307,921 | -325,685 | |||||||
| Profit After Tax | -75,995 | 110,955 | 413,152 | 239,347 | 223,864 | 204,468 | 732,725 | 888,968 | |||||||
| Dividends Paid | 250,000 | 1,500,000 | 2,350,000 | 600,000 | |||||||||||
| Retained Profit | -75,995 | -139,045 | 413,152 | 239,347 | -1,276,136 | 204,468 | -1,617,275 | 288,968 | |||||||
| Employee Costs | 1,371,474 | 1,373,338 | 1,411,511 | 1,354,254 | 1,388,298 | 1,570,134 | 1,620,864 | 1,998,382 | |||||||
| Number Of Employees | 39 | 42 | 40 | 36 | 36 | 37 | 40 | 48 | 49 | 49 | 46 | 47 | 55 | 59 | 68 |
| EBITDA* | 63,180 | 283,748 | 657,557 | 421,766 | 388,837 | 431,476 | 1,111,173 | 1,245,080 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Feb 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 57,018 | 65,578 | 156,053 | 162,819 | 118,950 | 27,667 | 43,595 | 88,492 | 144,908 | 155,487 | 186,863 | 240,703 | 191,970 | 245,652 | 103,017 |
| Intangible Assets | 89,118 | 95,898 | 93,903 | 153,210 | 212,517 | 271,824 | 57,929 | 115,864 | |||||||
| Investments & Other | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 8,100 | 8,100 | 8,100 |
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 146,236 | 161,576 | 156,153 | 162,919 | 119,050 | 27,767 | 43,695 | 182,495 | 298,218 | 368,104 | 458,787 | 240,803 | 200,070 | 311,681 | 226,981 |
| Stock & work in progress | 535,970 | 738,102 | 771,901 | 569,819 | 672,496 | 665,392 | 948,696 | 1,362,072 | 1,304,817 | 1,132,609 | 984,341 | 824,405 | 1,211,618 | 1,309,046 | 1,499,540 |
| Trade Debtors | 908,911 | 1,283,291 | 1,466,002 | 409,482 | 586,670 | 500,057 | 692,149 | 581,236 | 812,713 | 965,061 | 854,546 | 679,036 | 854,325 | 808,817 | 958,898 |
| Group Debtors | 128 | 335 | |||||||||||||
| Misc Debtors | 184,374 | 196,605 | 304,406 | 221,884 | 208,886 | 240,563 | 198,946 | 244,156 | 269,991 | 313,559 | 318,830 | 128,572 | 202,223 | 90,794 | 108,607 |
| Cash | 321,510 | 189,577 | 143,204 | 235,800 | 122,605 | 610,792 | 680,756 | 716,744 | 649,884 | 601,273 | 474,809 | 723,672 | 1,495,584 | 1,955,532 | 2,750,917 |
| misc current assets | |||||||||||||||
| total current assets | 1,950,765 | 2,407,575 | 2,685,513 | 1,436,985 | 1,590,657 | 2,016,804 | 2,520,547 | 2,904,208 | 3,037,405 | 3,012,502 | 2,632,654 | 2,355,685 | 3,764,085 | 4,164,189 | 5,317,962 |
| total assets | 2,097,001 | 2,569,151 | 2,841,666 | 1,599,904 | 1,709,707 | 2,044,571 | 2,564,242 | 3,086,703 | 3,335,623 | 3,380,606 | 3,091,441 | 2,596,488 | 3,964,155 | 4,475,870 | 5,544,943 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 664,111 | 1,016,631 | 954,965 | 249,113 | 501,975 | 374,720 | 594,008 | 582,967 | 666,035 | 724,899 | 788,067 | 554,796 | 548,517 | 745,381 | 696,043 |
| Group/Directors Accounts | 425,701 | 82,905 | 208,480 | 21,093 | 156,903 | 167,930 | 34,386 | 26,826 | 4,542 | 26,898 | 371,998 | 12,455 | |||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 338,880 | 379,415 | 1,433,359 | 171,697 | 201,388 | 226,540 | 196,337 | 154,003 | 232,833 | 213,451 | 281,830 | 281,779 | 357,233 | 531,452 | 392,131 |
| total current liabilities | 1,002,991 | 1,396,046 | 2,388,324 | 846,511 | 786,268 | 809,740 | 811,438 | 893,873 | 1,066,798 | 972,736 | 1,096,723 | 841,117 | 932,648 | 1,648,831 | 1,100,629 |
| loans | 721,402 | 843,997 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 11,887 | 14,914 | 6,058 | ||||||||||||
| total long term liabilities | 733,289 | 858,911 | 6,058 | ||||||||||||
| total liabilities | 1,736,280 | 2,254,957 | 2,394,382 | 846,511 | 786,268 | 809,740 | 811,438 | 893,873 | 1,066,798 | 972,736 | 1,096,723 | 841,117 | 932,648 | 1,648,831 | 1,100,629 |
| net assets | 360,721 | 314,194 | 447,284 | 753,393 | 923,439 | 1,234,831 | 1,752,804 | 2,192,830 | 2,268,825 | 2,407,870 | 1,994,718 | 1,755,371 | 3,031,507 | 2,827,039 | 4,444,314 |
| total shareholders funds | 360,721 | 314,194 | 447,284 | 753,393 | 923,439 | 1,234,831 | 1,752,804 | 2,192,830 | 2,268,825 | 2,407,870 | 1,994,718 | 1,755,371 | 3,031,507 | 2,827,039 | 4,444,314 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Feb 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Feb 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -79,505 | 139,230 | 526,926 | 313,762 | 297,326 | 301,384 | 1,040,543 | 1,213,543 | |||||||
| Depreciation | 32,332 | 74,678 | 61,753 | 54,215 | 37,313 | 39,057 | 59,315 | 83,378 | 85,211 | 71,324 | 83,293 | 91,511 | 72,163 | 70,630 | 31,537 |
| Amortisation | 24,780 | 59,307 | 59,307 | 59,307 | 59,307 | 24,711 | 57,929 | ||||||||
| Tax | 3,510 | -28,275 | -113,774 | -74,422 | -73,462 | -97,354 | -307,921 | -325,685 | |||||||
| Stock | -202,132 | -33,799 | 202,082 | -102,677 | 7,104 | -283,304 | -413,376 | 57,255 | 172,208 | 148,268 | 159,936 | -387,213 | -97,428 | -190,494 | 1,499,540 |
| Debtors | -386,611 | -290,512 | 1,139,042 | -164,190 | 54,936 | -150,475 | 65,703 | -257,312 | -195,916 | 105,116 | 365,896 | -249,275 | 157,272 | -167,894 | 1,067,505 |
| Creditors | -352,520 | 61,666 | 705,852 | -252,862 | 127,255 | -219,288 | 11,041 | -83,068 | -58,864 | -63,168 | 233,271 | 6,279 | -196,864 | 49,338 | 696,043 |
| Accruals and Deferred Income | -40,535 | -1,053,944 | 1,261,662 | -29,691 | -25,152 | 30,203 | 42,334 | -78,830 | 19,382 | -68,379 | 51 | -75,454 | -174,219 | 139,321 | 392,131 |
| Deferred Taxes & Provisions | -3,027 | 8,856 | 6,058 | ||||||||||||
| Cash flow from operations | 104,849 | 239,699 | 158,852 | 54,834 | 882,688 | -96,805 | 1,350,299 | -559,476 | |||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -26,962 | -66,582 | -36,248 | -325,988 | -138,173 | -17,740 | -192,765 | -23,925 | |||||||
| Change in Investments | -8,000 | 8,100 | |||||||||||||
| cash flow from investments | -26,962 | -66,582 | -36,248 | -325,988 | -130,173 | -17,740 | -192,765 | -32,025 | |||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -425,701 | 342,796 | -125,575 | 187,387 | -135,810 | -11,027 | 133,544 | 7,560 | 22,284 | -22,356 | -345,100 | 359,543 | 12,455 | ||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -122,595 | 843,997 | |||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | 7 | 438 | 103 | 1,110 | |||||||||||
| cash flow from financing | -11,027 | 133,544 | 7,560 | 22,291 | -22,356 | -344,662 | 359,646 | 4,168,911 | |||||||
| cash and cash equivalents | |||||||||||||||
| cash | 131,933 | 46,373 | -92,596 | 113,195 | -488,187 | -69,964 | -35,988 | 66,860 | 48,611 | 126,464 | -248,863 | -771,912 | -459,948 | -795,385 | 2,750,917 |
| overdraft | |||||||||||||||
| change in cash | 131,933 | 46,373 | -92,596 | 113,195 | -488,187 | -69,964 | -35,988 | 66,860 | 48,611 | 126,464 | -248,863 | -771,912 | -459,948 | -795,385 | 2,750,917 |
morleys (bicester) ltd Credit Report and Business Information
Morleys (bicester) Ltd Competitor Analysis
Perform a competitor analysis for morleys (bicester) ltd by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in SW9 area or any other competitors across 12 key performance metrics.
morleys (bicester) ltd Ownership
MORLEYS (BICESTER) LTD group structure
Morleys (Bicester) Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
MORLEYS (BICESTER) LTD
00242437
1 subsidiary
morleys (bicester) ltd directors
Morleys (Bicester) Ltd currently has 4 directors. The longest serving directors include Mr Bernard Dreesmann (Jun 1991) and Mr John Egan (Aug 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bernard Dreesmann | England | 68 years | Jun 1991 | - | Director |
| Mr John Egan | England | 68 years | Aug 2023 | - | Director |
| Mr David Green | England | 57 years | Jul 2024 | - | Director |
| Mr Adam Smith | England | 41 years | Jul 2024 | - | Director |
P&L
January 2024turnover
6.5m
-21%
operating profit
136.7k
0%
gross margin
31.6%
-2.93%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
360.7k
+0.15%
total assets
2.1m
-0.18%
cash
321.5k
+0.7%
net assets
Total assets minus all liabilities
morleys (bicester) ltd company details
company number
00242437
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
September 1929
age
96
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
January 2024
previous names
morley's of bicester ltd (June 2015)
morley's contracts limited (April 1994)
accountant
THP LIMITED
auditor
-
address
472-488 brixton road, london, SW9 8EH
Bank
BARCLAYS BANK PLC
Legal Advisor
-
morleys (bicester) 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 found 1 charges/mortgages relating to morleys (bicester) ltd. Currently there are 0 open charges and 1 have been satisfied in the past.
morleys (bicester) ltd 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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morleys (bicester) ltd Companies House Filings - See Documents
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