r.a.morgan(electrical)limited
r.a.morgan(electrical)limited Company Information
Company Number
00377328
Next Accounts
Oct 2025
Shareholders
navdeep singh nagra
gurpreet singh nagra
View AllGroup Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
48 felstead way, luton, LU2 7LH
Website
-r.a.morgan(electrical)limited Estimated Valuation
Pomanda estimates the enterprise value of R.A.MORGAN(ELECTRICAL)LIMITED at £877.4k based on a Turnover of £264.4k and 3.32x industry multiple (adjusted for size and gross margin).
r.a.morgan(electrical)limited Estimated Valuation
Pomanda estimates the enterprise value of R.A.MORGAN(ELECTRICAL)LIMITED at £519.1k based on an EBITDA of £80k and a 6.49x industry multiple (adjusted for size and gross margin).
r.a.morgan(electrical)limited Estimated Valuation
Pomanda estimates the enterprise value of R.A.MORGAN(ELECTRICAL)LIMITED at £3.4m based on Net Assets of £1.9m and 1.75x industry multiple (adjusted for liquidity).
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R.a.morgan(electrical)limited Overview
R.a.morgan(electrical)limited is a live company located in luton, LU2 7LH with a Companies House number of 00377328. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in November 1942, it's largest shareholder is navdeep singh nagra with a 30% stake. R.a.morgan(electrical)limited is a mature, micro sized company, Pomanda has estimated its turnover at £264.4k with high growth in recent years.
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R.a.morgan(electrical)limited Health Check
Pomanda's financial health check has awarded R.A.Morgan(Electrical)Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
3 Weak
Size
annual sales of £264.4k, make it smaller than the average company (£955.2k)
- R.a.morgan(electrical)limited
£955.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (4.7%)
- R.a.morgan(electrical)limited
4.7% - Industry AVG
Production
with a gross margin of 72.7%, this company has a comparable cost of product (72.7%)
- R.a.morgan(electrical)limited
72.7% - Industry AVG
Profitability
an operating margin of 30.2% make it as profitable than the average company (25.8%)
- R.a.morgan(electrical)limited
25.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - R.a.morgan(electrical)limited
4 - Industry AVG
Pay Structure
on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)
- R.a.morgan(electrical)limited
£32.5k - Industry AVG
Efficiency
resulting in sales per employee of £132.2k, this is less efficient (£184.3k)
- R.a.morgan(electrical)limited
£184.3k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (32 days)
- R.a.morgan(electrical)limited
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- R.a.morgan(electrical)limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- R.a.morgan(electrical)limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (10 weeks)
49 weeks - R.a.morgan(electrical)limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.4%, this is a lower level of debt than the average (68.2%)
15.4% - R.a.morgan(electrical)limited
68.2% - Industry AVG
R.A.MORGAN(ELECTRICAL)LIMITED financials
R.A.Morgan(Electrical)Limited's latest turnover from January 2024 is estimated at £264.4 thousand and the company has net assets of £1.9 million. According to their latest financial statements, R.A.Morgan(Electrical)Limited has 2 employees and maintains cash reserves of £16.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 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 | 2 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 920 | 1,150 | 1,437 | 1,796 | 2,245 | 2,807 | 3,509 | 4,388 | 5,487 | 901,328 | 900,169 | 896,134 | 896,551 | 871,090 | 500,482 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 2,031,424 | 2,031,424 | 2,031,424 | 2,031,424 | 2,031,424 | 2,031,424 | 2,031,424 | 894,469 | 894,469 | ||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 2,032,344 | 2,032,574 | 2,032,861 | 2,033,220 | 2,033,669 | 2,034,231 | 2,034,933 | 898,857 | 899,956 | 901,328 | 900,169 | 896,134 | 896,551 | 871,090 | 500,482 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 18,464 | 10,000 | 3,295 | 6,155 | 5,000 | 15,600 | 23,614 | 8,078 | |||||||
| Group Debtors | |||||||||||||||
| Misc Debtors | 200,000 | 5,000 | 40,000 | 5,000 | 5,000 | ||||||||||
| Cash | 16,172 | 18,951 | 23,668 | 9,625 | 91,896 | 67,152 | 41,472 | 78,973 | 50,617 | 10,092 | 14,673 | 14,568 | 22,608 | 14,237 | |
| misc current assets | |||||||||||||||
| total current assets | 234,636 | 33,951 | 63,668 | 9,625 | 91,896 | 67,152 | 41,472 | 83,973 | 58,912 | 16,247 | 19,673 | 30,168 | 22,608 | 37,851 | 8,078 |
| total assets | 2,266,980 | 2,066,525 | 2,096,529 | 2,042,845 | 2,125,565 | 2,101,383 | 2,076,405 | 982,830 | 958,868 | 917,575 | 919,842 | 926,302 | 919,159 | 908,941 | 508,560 |
| Bank overdraft | 6,500 | 6,500 | 15,000 | 15,000 | 12,500 | 12,500 | |||||||||
| Bank loan | 15,000 | ||||||||||||||
| Trade Creditors | 1 | 1 | 795 | 37,524 | 24,593 | 37,674 | 25,947 | 25,850 | 26,661 | ||||||
| Group/Directors Accounts | 4,028 | 4,350 | 3,600 | 1,032 | 4,917 | 67 | 8,342 | 12,492 | 24,377 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 12,874 | 10,391 | 32,375 | 15,315 | 14,898 | 14,408 | 13,343 | 13,834 | 11,784 | ||||||
| total current liabilities | 16,902 | 14,741 | 42,475 | 22,847 | 34,815 | 29,476 | 36,686 | 38,826 | 49,456 | 37,524 | 24,593 | 37,674 | 25,947 | 25,850 | 26,661 |
| loans | 331,000 | 172,000 | 211,320 | 233,767 | 348,885 | 379,482 | 394,506 | 471,749 | 465,140 | 168,628 | 182,382 | 194,960 | 207,011 | ||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 260,000 | 260,000 | 240,000 | 245,000 | 443,692 | 37,173 | |||||||||
| provisions | |||||||||||||||
| total long term liabilities | 331,000 | 172,000 | 211,320 | 233,767 | 348,885 | 379,482 | 394,506 | 471,749 | 465,140 | 428,628 | 442,382 | 434,960 | 452,011 | 443,692 | 37,173 |
| total liabilities | 347,902 | 186,741 | 253,795 | 256,614 | 383,700 | 408,958 | 431,192 | 510,575 | 514,596 | 466,152 | 466,975 | 472,634 | 477,958 | 469,542 | 63,834 |
| net assets | 1,919,078 | 1,879,784 | 1,842,734 | 1,786,231 | 1,741,865 | 1,692,425 | 1,645,213 | 472,255 | 444,272 | 451,423 | 452,867 | 453,668 | 441,201 | 439,399 | 444,726 |
| total shareholders funds | 1,919,078 | 1,879,784 | 1,842,734 | 1,786,231 | 1,741,865 | 1,692,425 | 1,645,213 | 472,255 | 444,272 | 451,423 | 452,867 | 453,668 | 441,201 | 439,399 | 444,726 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 230 | 287 | 359 | 449 | 562 | 702 | 879 | 1,099 | 1,372 | 1,714 | 1,424 | 417 | 699 | 303 | 210 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 203,464 | -25,000 | 40,000 | -5,000 | -3,295 | 2,140 | 1,155 | -10,600 | 15,600 | -23,614 | 15,536 | 8,078 | |||
| Creditors | -1 | 1 | -795 | -36,729 | 12,931 | -13,081 | 11,727 | 97 | -811 | 26,661 | |||||
| Accruals and Deferred Income | 2,483 | -21,984 | 17,060 | 417 | 490 | 1,065 | -491 | 2,050 | 11,784 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 1,136,955 | 894,469 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -15,000 | 15,000 | |||||||||||||
| Group/Directors Accounts | -322 | 750 | 2,568 | -3,885 | 4,850 | -8,275 | -4,150 | -11,885 | 24,377 | ||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | 159,000 | -39,320 | -22,447 | -115,118 | -30,597 | -15,024 | -77,243 | 6,609 | 296,512 | -13,754 | -12,578 | -12,051 | 207,011 | ||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -260,000 | 20,000 | -5,000 | -198,692 | 406,519 | 37,173 | |||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -2,779 | -4,717 | 14,043 | -82,271 | 24,744 | 25,680 | -37,501 | 28,356 | 40,525 | -4,581 | 105 | -8,040 | 8,371 | 14,237 | |
| overdraft | -6,500 | 6,500 | -15,000 | 2,500 | 12,500 | ||||||||||
| change in cash | -2,779 | 1,783 | 14,043 | -88,771 | 39,744 | 25,680 | -40,001 | 28,356 | 28,025 | -4,581 | 105 | -8,040 | 8,371 | 14,237 |
r.a.morgan(electrical)limited Credit Report and Business Information
R.a.morgan(electrical)limited Competitor Analysis
Perform a competitor analysis for r.a.morgan(electrical)limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in LU2 area or any other competitors across 12 key performance metrics.
r.a.morgan(electrical)limited Ownership
R.A.MORGAN(ELECTRICAL)LIMITED group structure
R.A.Morgan(Electrical)Limited has no subsidiary companies.
Ultimate parent company
R.A.MORGAN(ELECTRICAL)LIMITED
00377328
r.a.morgan(electrical)limited directors
R.A.Morgan(Electrical)Limited currently has 2 directors. The longest serving directors include Mr Jasvinder Nagra (Feb 1993) and Mr Navdeep Nagra (Jan 2025).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jasvinder Nagra | 74 years | Feb 1993 | - | Director | |
| Mr Navdeep Nagra | 48 years | Jan 2025 | - | Director |
P&L
January 2024turnover
264.4k
+37%
operating profit
79.8k
0%
gross margin
72.8%
+0.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
1.9m
+0.02%
total assets
2.3m
+0.1%
cash
16.2k
-0.15%
net assets
Total assets minus all liabilities
r.a.morgan(electrical)limited company details
company number
00377328
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
November 1942
age
83
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
NSG ACCOUNTANTS LIMITED
auditor
-
address
48 felstead way, luton, LU2 7LH
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
r.a.morgan(electrical)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 r.a.morgan(electrical)limited. Currently there are 0 open charges and 4 have been satisfied in the past.
r.a.morgan(electrical)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 R.A.MORGAN(ELECTRICAL)LIMITED. This can take several minutes, an email will notify you when this has completed.
r.a.morgan(electrical)limited Companies House Filings - See Documents
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