morgan sindall group plc

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morgan sindall group plc Company Information

Share MORGAN SINDALL GROUP PLC

Company Number

00521970

Shareholders

undisclosed

Group Structure

View All

Industry

Development of building projects

 +1

Registered Address

kent house, 14 - 17 market place, london, W1W 8AJ

morgan sindall group plc Estimated Valuation

£3b

Pomanda estimates the enterprise value of MORGAN SINDALL GROUP PLC at £3b based on a Turnover of £4.1b and 0.74x industry multiple (adjusted for size and gross margin).

morgan sindall group plc Estimated Valuation

£883.3m

Pomanda estimates the enterprise value of MORGAN SINDALL GROUP PLC at £883.3m based on an EBITDA of £151.4m and a 5.83x industry multiple (adjusted for size and gross margin).

morgan sindall group plc Estimated Valuation

£999.6m

Pomanda estimates the enterprise value of MORGAN SINDALL GROUP PLC at £999.6m based on Net Assets of £568.1m and 1.76x industry multiple (adjusted for liquidity).

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Morgan Sindall Group Plc Overview

Morgan Sindall Group Plc is a live company located in london, W1W 8AJ with a Companies House number of 00521970. It operates in the development of building projects sector, SIC Code 41100. Founded in July 1953, it's largest shareholder is undisclosed with a 100% stake. Morgan Sindall Group Plc is a mature, mega sized company, Pomanda has estimated its turnover at £4.1b with healthy growth in recent years.

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Morgan Sindall Group Plc Health Check

Pomanda's financial health check has awarded Morgan Sindall Group Plc a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

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Health Rating4.5out of 5
positive_score

7 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £4.1b, make it larger than the average company (£11.4m)

£4.1b - Morgan Sindall Group Plc

£11.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (6.1%)

11% - Morgan Sindall Group Plc

6.1% - Industry AVG

production

Production

with a gross margin of 10.8%, this company has a higher cost of product (30.5%)

10.8% - Morgan Sindall Group Plc

30.5% - Industry AVG

profitability

Profitability

an operating margin of 3.4% make it less profitable than the average company (6.4%)

3.4% - Morgan Sindall Group Plc

6.4% - Industry AVG

employees

Employees

with 17157 employees, this is above the industry average (58)

17157 - Morgan Sindall Group Plc

58 - Industry AVG

paystructure

Pay Structure

on an average salary of £36.7k, the company has a lower pay structure (£49k)

£36.7k - Morgan Sindall Group Plc

£49k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £240k, this is equally as efficient (£247.3k)

£240k - Morgan Sindall Group Plc

£247.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 28 days, this is earlier than average (37 days)

28 days - Morgan Sindall Group Plc

37 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 20 days, this is quicker than average (36 days)

20 days - Morgan Sindall Group Plc

36 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 34 days, this is less than average (103 days)

34 days - Morgan Sindall Group Plc

103 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (13 weeks)

20 weeks - Morgan Sindall Group Plc

13 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 72%, this is a higher level of debt than the average (64.6%)

72% - Morgan Sindall Group Plc

64.6% - Industry AVG

MORGAN SINDALL GROUP PLC financials

EXPORTms excel logo

Morgan Sindall Group Plc's latest turnover from December 2023 is £4.1 billion and the company has net assets of £568.1 million. According to their latest financial statements, we estimate that Morgan Sindall Group Plc has 17,157 employees and maintains cash reserves of £541.3 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover4,117,700,0003,612,200,0003,212,800,0003,034,000,0003,071,300,0002,971,500,0002,792,700,0002,561,600,0002,384,700,0002,219,800,0002,094,900,0002,047,100,0002,226,600,0002,101,900,0002,213,500,000
Other Income Or Grants
Cost Of Sales3,672,900,0003,241,300,0002,830,000,0002,718,200,0002,739,900,0002,656,200,0002,518,300,0002,317,900,0002,218,400,0002,038,800,0001,938,300,0001,860,400,0002,010,900,0001,884,700,0001,993,000,000
Gross Profit444,800,000370,900,000382,800,000315,800,000331,400,000315,300,000274,400,000243,700,000166,300,000181,000,000156,600,000186,700,000215,700,000217,200,000220,500,000
Admin Expenses304,200,000282,600,000253,000,000250,400,000240,100,000230,800,000205,800,000196,300,000176,600,000154,500,000140,400,000151,500,000174,900,000175,400,000176,800,000
Operating Profit140,600,00088,300,000129,800,00065,400,00091,300,00084,500,00068,600,00047,400,000-10,300,00026,500,00016,200,00035,200,00040,800,00041,800,00043,700,000
Interest Payable7,500,0005,300,0004,200,0005,500,0004,400,0005,900,0004,100,0004,800,0005,700,0004,700,0003,500,0003,300,0002,400,0002,800,0002,300,000
Interest Receivable10,800,0002,300,000600,000900,0001,700,0002,000,0001,600,0001,300,0001,200,0001,000,0001,200,0002,300,0001,600,0001,700,0003,300,000
Pre-Tax Profit143,900,00085,300,000126,200,00060,800,00088,600,00080,600,00064,900,00043,900,000-14,800,00022,800,00013,900,00034,200,00040,000,00040,700,00044,700,000
Tax-26,200,000-24,400,000-28,300,000-15,400,000-17,400,000-13,800,000-12,500,000-7,100,0004,800,000-4,800,0001,100,000-3,500,000-7,200,000-10,900,000-11,800,000
Profit After Tax117,700,00060,900,00097,900,00045,400,00071,200,00066,800,00052,400,00036,800,000-10,000,00018,000,00015,000,00030,700,00032,800,00029,800,00032,900,000
Dividends Paid48,100,00043,500,00032,300,0009,600,00024,800,00016,800,00013,200,00011,800,00011,500,00011,500,00017,800,00017,800,00017,800,00012,700,000
Retained Profit69,600,00017,400,00065,600,00035,800,00046,400,00066,800,00035,600,00023,600,000-21,700,0006,600,0003,600,00013,000,00015,100,00012,100,00020,100,000
Employee Costs630,000,000602,100,000555,800,000508,900,000499,100,000484,300,000455,500,000404,600,000368,900,000325,800,000315,600,000341,700,000378,400,000368,400,000389,800,000
Number Of Employees17,1577,2036,6666,7376,76114,01613,52612,7115,8285,75066,3846,7447,6628
EBITDA*151,400,000113,200,000151,800,00090,500,000114,400,000104,000,00075,400,00054,300,000-10,300,00033,700,00024,100,00044,600,00054,200,00056,100,00051,800,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets180,500,000206,000,000211,400,000165,400,000178,600,000164,100,000117,100,000101,100,000102,300,000105,800,000102,900,000113,600,000100,800,00094,900,00096,300,000
Intangible Assets280,300,000221,200,000221,900,000222,100,000223,600,000216,400,000215,400,000217,000,000217,300,000218,100,000220,500,000223,200,000226,600,000230,900,000201,000,000
Investments & Other107,400,00084,800,00094,900,00094,100,00090,700,00088,500,00083,900,00063,500,00059,800,00085,800,00064,900,00074,300,00079,200,00063,900,00052,100,000
Debtors (Due After 1 year)48,800,00046,400,00049,900,0005,500,0008,400,000
Total Fixed Assets460,800,000427,200,000433,300,000387,500,000402,200,000380,500,000332,500,000318,100,000319,600,000323,900,000323,400,000336,800,000327,400,000325,800,000297,300,000
Stock & work in progress344,700,000333,900,000288,500,000294,200,000338,100,000334,200,000295,000,000213,900,000246,700,000202,200,000161,000,000159,400,000146,000,000141,100,000141,200,000
Trade Debtors320,900,000538,200,000432,900,000374,700,000431,500,000207,600,000208,000,000163,900,000170,000,000176,700,000149,200,000170,000,000395,900,000386,100,000135,800,000
Group Debtors21,100,0009,200,00013,500,000900,0004,900,0003,500,0002,100,0001,500,0003,300,0008,200,0005,500,0003,600,0009,800,000179,700,000
Misc Debtors70,800,00053,800,00064,600,00030,800,00026,100,00022,100,000194,000,000167,400,000183,600,000262,400,000228,100,00012,100,00015,600,00011,700,00019,300,000
Cash541,300,000431,700,000468,600,000400,500,000251,200,000217,200,000221,200,000228,500,000115,700,00087,600,00092,800,00050,400,000108,900,000148,600,000117,700,000
misc current assets270,600,000400,0001,500,000192,000,0003,100,000217,300,000
total current assets1,569,400,0001,367,200,0001,274,300,0001,101,100,0001,051,800,000976,600,000920,300,000775,200,000716,000,000732,200,000642,400,000614,700,000670,000,000697,300,000593,700,000
total assets2,030,200,0001,794,400,0001,707,600,0001,488,600,0001,454,000,0001,357,100,0001,252,800,0001,093,300,0001,035,600,0001,056,100,000965,800,000951,500,000997,400,0001,023,100,000891,000,000
Bank overdraft
Bank loan
Trade Creditors 202,200,000165,400,000157,600,000244,800,000240,200,000174,700,000162,000,000144,600,000161,500,000167,700,000168,700,000170,200,000182,300,000149,900,000145,900,000
Group/Directors Accounts49,000,000
other short term finances77,100,000110,200,00067,300,00058,500,00010,200,00027,800,0004,800,00012,800,000
hp & lease commitments19,100,00016,000,00013,400,00012,100,00012,800,00011,200,000500,000500,0001,600,0001,600,0001,500,0001,200,000800,0001,700,0001,800,000
other current liabilities1,139,800,000932,700,000845,700,000654,700,000665,100,000727,200,000701,000,000611,400,000516,600,000528,800,000452,300,000457,500,000530,700,000626,300,000457,700,000
total current liabilities1,361,100,0001,191,200,0001,126,900,000978,900,000976,600,000923,300,000891,300,000761,300,000692,500,000698,100,000622,500,000628,900,000713,800,000777,900,000654,400,000
loans89,400,00081,800,00079,200,00078,600,00093,800,00071,400,000800,00016,400,00093,600,00068,800,00054,000,00032,900,0008,600,00012,000,000
hp & lease commitments44,700,00040,900,00039,400,00038,900,00046,900,00035,700,000400,000700,0001,800,0002,500,0003,900,0005,000,0004,300,0006,000,000
Accruals and Deferred Income11,900,000
other liabilities28,200,00037,300,00032,600,0001,700,0003,800,00015,600,0009,600,0008,600,00017,800,00022,000,00020,600,000300,0007,200,000
provisions56,200,00057,600,00068,200,00077,400,00059,800,00071,800,00069,800,00061,000,00033,800,00066,200,00076,400,00090,000,00086,200,00034,600,00040,000,000
total long term liabilities101,000,000107,000,000106,500,00079,700,00080,600,00087,200,00044,900,00054,800,00093,400,00089,500,00085,800,00072,900,00047,700,00023,300,00027,200,000
total liabilities1,462,100,0001,298,200,0001,233,400,0001,058,600,0001,057,200,0001,010,500,000936,200,000816,100,000785,900,000787,600,000708,300,000701,800,000761,500,000801,200,000681,600,000
net assets568,100,000496,200,000474,200,000430,000,000396,800,000346,600,000316,600,000277,200,000249,700,000268,500,000257,500,000249,700,000235,900,000221,900,000209,400,000
total shareholders funds568,100,000496,200,000474,200,000430,000,000396,800,000346,600,000316,600,000277,200,000249,700,000268,500,000257,500,000249,700,000235,900,000221,900,000209,400,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit140,600,00088,300,000129,800,00065,400,00091,300,00084,500,00068,600,00047,400,000-10,300,00026,500,00016,200,00035,200,00040,800,00041,800,00043,700,000
Depreciation7,900,00022,900,00020,500,00022,000,00021,300,00018,500,0005,600,0005,500,0004,800,0005,200,0006,500,0009,500,0008,800,0008,100,000
Amortisation2,900,0002,000,0001,500,0003,100,0001,800,0001,000,0001,200,0001,400,0002,400,0002,700,0002,900,0003,900,0005,500,000
Tax-26,200,000-24,400,000-28,300,000-15,400,000-17,400,000-13,800,000-12,500,000-7,100,0004,800,000-4,800,0001,100,000-3,500,000-7,200,000-10,900,000-11,800,000
Stock10,800,00045,400,000-5,700,000-43,900,0003,900,00039,200,00081,100,000-32,800,00044,500,00041,200,0001,600,00013,400,0004,900,000-100,000141,200,000
Debtors-186,000,00086,700,000149,000,000-59,000,000237,700,000-170,900,00071,300,000-20,800,000-88,800,00056,900,000197,900,000-227,500,0007,500,00072,800,000334,800,000
Creditors36,800,0007,800,000-87,200,0004,600,00065,500,00012,700,00017,400,000-16,900,000-6,200,000-1,000,000-1,500,000-12,100,00032,400,0004,000,000145,900,000
Accruals and Deferred Income207,100,00087,000,000191,000,000-10,400,000-62,100,00026,200,00089,600,00082,900,000-300,00076,500,000-5,200,000-73,200,000-95,600,000168,600,000457,700,000
Deferred Taxes & Provisions-1,400,000-10,600,000-9,200,00017,600,000-12,000,0002,000,0008,800,00027,200,000-32,400,000-10,200,000-13,600,0003,800,00051,600,000-5,400,00040,000,000
Cash flow from operations542,900,00040,900,00074,800,000189,800,000-153,200,000262,800,00026,300,000194,000,000-100,000-3,900,000-194,600,000173,700,00023,000,000139,700,000207,600,000
Investing Activities
capital expenditure-44,400,000-18,800,000-67,800,000-10,400,000-44,800,000-67,500,000-21,200,000-5,400,0004,300,000-7,700,0005,500,000-18,800,000-15,000,000-42,800,000-305,400,000
Change in Investments22,600,000-10,100,000800,0003,400,0002,200,0004,600,00020,400,0003,700,000-26,000,00020,900,000-9,400,000-4,900,00015,300,00011,800,00052,100,000
cash flow from investments-67,000,000-8,700,000-68,600,000-13,800,000-47,000,000-72,100,000-41,600,000-9,100,00030,300,000-28,600,00014,900,000-13,900,000-30,300,000-54,600,000-357,500,000
Financing Activities
Bank loans
Group/Directors Accounts-49,000,00049,000,000
Other Short Term Loans -77,100,000-33,100,00042,900,0008,800,00048,300,000-17,600,00023,000,000-8,000,00012,800,000
Long term loans7,600,0002,600,000600,000-15,200,00022,400,00070,600,000-15,600,000-77,200,00024,800,00014,800,00021,100,00024,300,000-3,400,00012,000,000
Hire Purchase and Lease Commitments6,900,0004,100,0001,800,000-8,700,00012,800,00046,000,000-300,000-2,200,000-700,000-1,300,000-800,0001,100,000-2,600,0005,900,0001,800,000
other long term liabilities-9,100,0004,700,00030,900,000-2,100,000-11,800,0006,000,0001,000,000-9,200,000-4,200,0001,400,00020,600,000-300,000300,000-7,200,0007,200,000
share issue2,300,0004,600,000-21,400,000-2,600,0003,800,000-36,800,0003,800,0003,900,0002,900,0004,400,0004,200,000800,000-1,100,000400,000189,300,000
interest3,300,000-3,000,000-3,600,000-4,600,000-2,700,000-3,900,000-2,500,000-3,500,000-4,500,000-3,700,000-2,300,000-1,000,000-800,000-1,100,0001,000,000
cash flow from financing-66,100,000-20,100,00051,200,000-24,400,00072,800,00064,300,0009,400,000-96,200,00031,100,00015,600,00042,800,00024,900,000-7,600,000-39,000,000248,300,000
cash and cash equivalents
cash109,600,000-36,900,00068,100,000149,300,00034,000,000-4,000,000-7,300,000112,800,00028,100,000-5,200,00042,400,000-58,500,000-39,700,00030,900,000117,700,000
overdraft
change in cash109,600,000-36,900,00068,100,000149,300,00034,000,000-4,000,000-7,300,000112,800,00028,100,000-5,200,00042,400,000-58,500,000-39,700,00030,900,000117,700,000

morgan sindall group plc Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Morgan Sindall Group Plc Competitor Analysis

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Perform a competitor analysis for morgan sindall group plc by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in W 1 area or any other competitors across 12 key performance metrics.

morgan sindall group plc directors

Morgan Sindall Group Plc currently has 8 directors. The longest serving directors include Mr John Morgan (Oct 1994) and Mr Michael Findlay (Oct 2016).

officercountryagestartendrole
Mr John Morgan69 years Oct 1994- Director
Mr Michael FindlayUnited Kingdom57 years Oct 2016- Director
Mr David LowdenUnited Kingdom67 years Sep 2018- Director
Ms Jennifer TippinUnited Kingdom51 years Mar 2020- Director
Ms Jennifer TippinUnited Kingdom51 years Mar 2020- Director
Ms Sharon FennessyUnited Kingdom58 years Jan 2024- Director
Culdip GangotraUnited Kingdom55 years May 2024- Director
Mr Mark RobsonUnited Kingdom67 years Sep 2024- Director

P&L

December 2023

turnover

4.1b

+14%

operating profit

140.6m

+59%

gross margin

10.9%

+5.2%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

568.1m

+0.14%

total assets

2b

+0.13%

cash

541.3m

+0.25%

net assets

Total assets minus all liabilities

morgan sindall group plc company details

company number

00521970

Type

Public limited with Share Capital

industry

41100 - Development of building projects

70100 - Activities of head offices

incorporation date

July 1953

age

72

incorporated

UK

ultimate parent company

None

accounts

Group

last accounts submitted

December 2023

previous names

morgan sindall plc (June 2010)

william sindall public limited company (October 1994)

accountant

-

auditor

ERNST & YOUNG LLP

address

kent house, 14 - 17 market place, london, W1W 8AJ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

morgan sindall group plc 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 49 charges/mortgages relating to morgan sindall group plc. Currently there are 2 open charges and 47 have been satisfied in the past.

morgan sindall group plc 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 MORGAN SINDALL GROUP PLC. This can take several minutes, an email will notify you when this has completed.

morgan sindall group plc Companies House Filings - See Documents

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