magnor plant hire limited
magnor plant hire limited Company Information
Company Number
00905526
Next Accounts
Sep 2025
Shareholders
morgan sindall group plc
Group Structure
View All
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
+2Registered Address
kent house, 14 - 17 market place, london, W1W 8AJ
Website
morgansindall.commagnor plant hire limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNOR PLANT HIRE LIMITED at £12.7m based on a Turnover of £21.4m and 0.59x industry multiple (adjusted for size and gross margin).
magnor plant hire limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNOR PLANT HIRE LIMITED at £43.8m based on an EBITDA of £11.9m and a 3.69x industry multiple (adjusted for size and gross margin).
magnor plant hire limited Estimated Valuation
Pomanda estimates the enterprise value of MAGNOR PLANT HIRE LIMITED at £18.5m based on Net Assets of £8.5m and 2.18x industry multiple (adjusted for liquidity).
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Magnor Plant Hire Limited Overview
Magnor Plant Hire Limited is a live company located in london, W1W 8AJ with a Companies House number of 00905526. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in May 1967, it's largest shareholder is morgan sindall group plc with a 100% stake. Magnor Plant Hire Limited is a mature, large sized company, Pomanda has estimated its turnover at £21.4m with healthy growth in recent years.
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Magnor Plant Hire Limited Health Check
Pomanda's financial health check has awarded Magnor Plant Hire Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
2 Weak
Size
annual sales of £21.4m, make it larger than the average company (£12.7m)
£21.4m - Magnor Plant Hire Limited
£12.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (8.8%)
11% - Magnor Plant Hire Limited
8.8% - Industry AVG
Production
with a gross margin of 15%, this company has a higher cost of product (30.4%)
15% - Magnor Plant Hire Limited
30.4% - Industry AVG
Profitability
an operating margin of 11.4% make it as profitable than the average company (10%)
11.4% - Magnor Plant Hire Limited
10% - Industry AVG
Employees
with 89 employees, this is above the industry average (46)
- Magnor Plant Hire Limited
46 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Magnor Plant Hire Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £239.9k, this is equally as efficient (£250.9k)
- Magnor Plant Hire Limited
£250.9k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (49 days)
0 days - Magnor Plant Hire Limited
49 days - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (35 days)
57 days - Magnor Plant Hire Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Magnor Plant Hire Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (11 weeks)
15 weeks - Magnor Plant Hire Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78%, this is a higher level of debt than the average (65.6%)
78% - Magnor Plant Hire Limited
65.6% - Industry AVG
MAGNOR PLANT HIRE LIMITED financials
Magnor Plant Hire Limited's latest turnover from December 2023 is £21.4 million and the company has net assets of £8.5 million. According to their latest financial statements, we estimate that Magnor Plant Hire Limited has 89 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 21,351,000 | 18,685,000 | 15,606,000 | 15,448,000 | 15,239,000 | 14,562,000 | 14,716,000 | 12,748,000 | 14,768,000 | 13,391,000 | 12,838,000 | 11,050,000 | 21,785,000 | 27,342,000 | 33,952,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 18,143,000 | 15,636,000 | 13,879,000 | 13,894,000 | 13,878,000 | 13,700,000 | 14,174,000 | 12,336,000 | 14,656,000 | 13,140,000 | 12,418,000 | 11,268,000 | 21,890,000 | 26,827,000 | 33,119,000 |
| Gross Profit | 3,208,000 | 3,049,000 | 1,727,000 | 1,554,000 | 1,361,000 | 862,000 | 542,000 | 412,000 | 112,000 | 251,000 | 420,000 | -218,000 | -105,000 | 515,000 | 833,000 |
| Admin Expenses | 779,000 | 374,000 | -91,000 | -841,000 | 95,000 | 18,000 | -33,000 | 75,000 | -173,000 | -118,000 | -11,000 | -633,000 | -702,000 | -100,000 | 202,000 |
| Operating Profit | 2,429,000 | 2,675,000 | 1,818,000 | 2,395,000 | 1,266,000 | 844,000 | 575,000 | 337,000 | 285,000 | 369,000 | 431,000 | 415,000 | 597,000 | 615,000 | 631,000 |
| Interest Payable | 1,044,000 | 522,000 | 337,000 | 232,000 | 277,000 | 274,000 | 13,000 | 97,000 | 155,000 | 249,000 | 314,000 | 273,000 | 473,000 | 480,000 | 520,000 |
| Interest Receivable | 150,000 | 47,000 | 12,000 | 14,000 | 20,000 | 27,000 | 66,000 | 11,000 | 4,000 | 5,000 | 5,000 | 8,000 | 8,000 | 13,000 | |
| Pre-Tax Profit | 1,535,000 | 2,200,000 | 1,493,000 | 2,177,000 | 1,009,000 | 597,000 | 628,000 | 251,000 | 134,000 | 125,000 | 122,000 | 150,000 | 132,000 | 148,000 | 111,000 |
| Tax | -270,000 | -715,000 | -173,000 | -290,000 | -270,000 | -176,000 | -134,000 | -655,000 | -61,000 | -13,000 | -82,000 | -212,000 | -219,000 | -9,000 | 68,000 |
| Profit After Tax | 1,265,000 | 1,485,000 | 1,320,000 | 1,887,000 | 739,000 | 421,000 | 494,000 | -404,000 | 73,000 | 112,000 | 40,000 | -62,000 | -87,000 | 139,000 | 179,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 1,265,000 | 1,485,000 | 1,320,000 | 1,887,000 | 739,000 | 421,000 | 494,000 | -404,000 | 73,000 | 112,000 | 40,000 | -62,000 | -87,000 | 139,000 | 179,000 |
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* | 11,887,000 | 9,717,000 | 7,743,000 | 7,495,000 | 6,069,000 | 5,671,000 | 575,000 | 1,328,000 | 1,624,000 | 1,697,000 | 1,920,000 | 2,035,000 | 3,679,000 | 4,465,000 | 5,044,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 5,608,000 | 4,113,000 | 18,453,000 | 11,243,000 | 12,002,000 | 12,816,000 | 4,120,000 | 4,473,000 | 7,876,000 | 9,170,000 | 10,339,000 | 11,181,000 | 11,361,000 | 17,652,000 | 20,537,000 |
| Intangible Assets | 24,879,000 | 19,072,000 | |||||||||||||
| Investments & Other | 122,000 | ||||||||||||||
| Debtors (Due After 1 year) | 24,000 | 58,000 | |||||||||||||
| Total Fixed Assets | 30,609,000 | 23,185,000 | 18,429,000 | 11,243,000 | 12,002,000 | 12,816,000 | 4,120,000 | 4,473,000 | 7,876,000 | 9,170,000 | 10,339,000 | 11,181,000 | 11,361,000 | 17,652,000 | 20,537,000 |
| Stock & work in progress | 103,000 | 99,000 | |||||||||||||
| Trade Debtors | 53,000 | 108,000 | 157,000 | 413,000 | 531,000 | 508,000 | 632,000 | 446,000 | 339,000 | 701,000 | 372,000 | 348,000 | 1,275,000 | 1,305,000 | 1,255,000 |
| Group Debtors | 3,200,000 | 3,130,000 | 611,000 | 86,000 | 49,000 | 33,000 | 117,000 | 111,000 | 79,000 | 20,000 | 15,000 | 14,000 | 22,000 | 38,000 | 57,000 |
| Misc Debtors | 422,000 | 503,000 | 868,000 | 209,000 | 160,000 | 201,000 | 309,000 | 126,000 | 706,000 | 842,000 | 720,000 | 933,000 | 759,000 | 957,000 | 940,000 |
| Cash | 4,408,000 | 3,857,000 | 3,968,000 | 4,837,000 | 3,443,000 | 5,459,000 | 3,638,000 | 2,666,000 | 1,165,000 | 152,000 | 100,000 | 62,000 | 50,000 | 49,000 | 50,000 |
| misc current assets | |||||||||||||||
| total current assets | 8,083,000 | 7,598,000 | 5,604,000 | 5,545,000 | 4,183,000 | 6,201,000 | 4,696,000 | 3,349,000 | 2,289,000 | 1,715,000 | 1,207,000 | 1,357,000 | 2,106,000 | 2,452,000 | 2,401,000 |
| total assets | 38,692,000 | 30,783,000 | 24,033,000 | 16,788,000 | 16,185,000 | 19,017,000 | 8,816,000 | 7,822,000 | 10,165,000 | 10,885,000 | 11,546,000 | 12,538,000 | 13,467,000 | 20,104,000 | 22,938,000 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,840,000 | 2,236,000 | 1,812,000 | 1,530,000 | 1,689,000 | 1,947,000 | 1,577,000 | 876,000 | 1,068,000 | 1,353,000 | 926,000 | 823,000 | 497,000 | 954,000 | 1,268,000 |
| Group/Directors Accounts | 4,197,000 | 4,322,000 | 3,630,000 | 3,451,000 | 3,579,000 | 5,266,000 | 8,911,000 | 10,157,000 | |||||||
| other short term finances | 5,000 | ||||||||||||||
| hp & lease commitments | 9,761,000 | 6,919,000 | 5,361,000 | 3,873,000 | 4,123,000 | 3,825,000 | 205,000 | 198,000 | 1,216,000 | 1,388,000 | 1,298,000 | 1,133,000 | 754,000 | 1,710,000 | 1,759,000 |
| other current liabilities | 1,950,000 | 2,008,000 | 1,604,000 | 2,367,000 | 2,966,000 | 5,505,000 | 5,380,000 | 1,363,000 | 1,228,000 | 974,000 | 1,142,000 | 1,358,000 | 1,562,000 | 1,284,000 | 1,526,000 |
| total current liabilities | 14,556,000 | 11,163,000 | 8,777,000 | 7,770,000 | 8,778,000 | 11,277,000 | 7,162,000 | 6,634,000 | 7,834,000 | 7,345,000 | 6,817,000 | 6,893,000 | 8,079,000 | 12,859,000 | 14,710,000 |
| loans | 19,008,000 | 9,128,000 | 9,724,000 | 11,868,000 | 536,000 | ||||||||||
| hp & lease commitments | 15,627,000 | 12,351,000 | 9,504,000 | 4,564,000 | 4,862,000 | 5,934,000 | 268,000 | 239,000 | 1,036,000 | 2,318,000 | 3,619,000 | 4,575,000 | 4,256,000 | 6,026,000 | 7,148,000 |
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 32,000 | 44,000 | 2,000 | 58,000 | |||||||||||
| total long term liabilities | 15,627,000 | 12,383,000 | 9,504,000 | 4,586,000 | 4,862,000 | 5,934,000 | 269,000 | 297,000 | 1,036,000 | 2,318,000 | 3,619,000 | 4,575,000 | 4,256,000 | 6,026,000 | 7,148,000 |
| total liabilities | 30,183,000 | 23,546,000 | 18,281,000 | 12,356,000 | 13,640,000 | 17,211,000 | 7,431,000 | 6,931,000 | 8,870,000 | 9,663,000 | 10,436,000 | 11,468,000 | 12,335,000 | 18,885,000 | 21,858,000 |
| net assets | 8,509,000 | 7,237,000 | 5,752,000 | 4,432,000 | 2,545,000 | 1,806,000 | 1,385,000 | 891,000 | 1,295,000 | 1,222,000 | 1,110,000 | 1,070,000 | 1,132,000 | 1,219,000 | 1,080,000 |
| total shareholders funds | 8,509,000 | 7,237,000 | 5,752,000 | 4,432,000 | 2,545,000 | 1,806,000 | 1,385,000 | 891,000 | 1,295,000 | 1,222,000 | 1,110,000 | 1,070,000 | 1,132,000 | 1,219,000 | 1,080,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 2,429,000 | 2,675,000 | 1,818,000 | 2,395,000 | 1,266,000 | 844,000 | 575,000 | 337,000 | 285,000 | 369,000 | 431,000 | 415,000 | 597,000 | 615,000 | 631,000 |
| Depreciation | 9,458,000 | 7,042,000 | 5,925,000 | 5,100,000 | 4,803,000 | 4,827,000 | 991,000 | 1,339,000 | 1,328,000 | 1,489,000 | 1,620,000 | 3,082,000 | 3,850,000 | 4,413,000 | |
| Amortisation | |||||||||||||||
| Tax | -270,000 | -715,000 | -173,000 | -290,000 | -270,000 | -176,000 | -134,000 | -655,000 | -61,000 | -13,000 | -82,000 | -212,000 | -219,000 | -9,000 | 68,000 |
| Stock | -103,000 | 4,000 | 99,000 | ||||||||||||
| Debtors | -66,000 | 2,081,000 | 952,000 | -90,000 | 56,000 | -316,000 | 375,000 | -441,000 | -439,000 | 456,000 | -188,000 | -761,000 | -244,000 | 48,000 | 2,252,000 |
| Creditors | 604,000 | 424,000 | 282,000 | -159,000 | -258,000 | 370,000 | 701,000 | -192,000 | -285,000 | 427,000 | 103,000 | 326,000 | -457,000 | -314,000 | 1,268,000 |
| Accruals and Deferred Income | -58,000 | 404,000 | -763,000 | -599,000 | -2,539,000 | 125,000 | 4,017,000 | 135,000 | 254,000 | -168,000 | -216,000 | -204,000 | 278,000 | -242,000 | 1,526,000 |
| Deferred Taxes & Provisions | -32,000 | 32,000 | -44,000 | 44,000 | -2,000 | -56,000 | 58,000 | ||||||||
| Cash flow from operations | 12,197,000 | 7,781,000 | 6,093,000 | 6,581,000 | 2,946,000 | 6,304,000 | 1,115,000 | 1,971,000 | 1,487,000 | 1,913,000 | 2,706,000 | 3,628,000 | 3,848,000 | 5,555,000 | |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 122,000 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -4,197,000 | -125,000 | 692,000 | 179,000 | -128,000 | -1,687,000 | -3,645,000 | -1,246,000 | 10,157,000 | ||||||
| Other Short Term Loans | 5,000 | ||||||||||||||
| Long term loans | -19,008,000 | 9,880,000 | -596,000 | -2,144,000 | 11,332,000 | 536,000 | |||||||||
| Hire Purchase and Lease Commitments | 6,118,000 | 4,405,000 | 6,428,000 | -548,000 | -774,000 | 9,286,000 | 36,000 | -1,815,000 | -1,454,000 | -1,211,000 | -791,000 | 698,000 | -2,726,000 | -1,171,000 | 8,907,000 |
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -894,000 | -475,000 | -325,000 | -218,000 | -257,000 | -247,000 | 53,000 | -86,000 | -151,000 | -244,000 | -309,000 | -265,000 | -465,000 | -467,000 | -520,000 |
| cash flow from financing | 5,236,000 | -15,078,000 | 15,983,000 | -1,362,000 | -3,175,000 | 20,371,000 | -3,572,000 | -2,026,000 | -913,000 | -1,276,000 | -1,228,000 | -1,254,000 | -6,836,000 | -2,884,000 | 19,445,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 551,000 | -111,000 | -869,000 | 1,394,000 | -2,016,000 | 1,821,000 | 972,000 | 1,501,000 | 1,013,000 | 52,000 | 38,000 | 12,000 | 1,000 | -1,000 | 50,000 |
| overdraft | |||||||||||||||
| change in cash | 551,000 | -111,000 | -869,000 | 1,394,000 | -2,016,000 | 1,821,000 | 972,000 | 1,501,000 | 1,013,000 | 52,000 | 38,000 | 12,000 | 1,000 | -1,000 | 50,000 |
magnor plant hire limited Credit Report and Business Information
Magnor Plant Hire Limited Competitor Analysis
Perform a competitor analysis for magnor plant hire limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in W 1 area or any other competitors across 12 key performance metrics.
magnor plant hire limited Ownership
MAGNOR PLANT HIRE LIMITED group structure
Magnor Plant Hire Limited has no subsidiary companies.
magnor plant hire limited directors
Magnor Plant Hire Limited currently has 4 directors. The longest serving directors include Mr John Morgan (Dec 2013) and Mr Simon Smith (Jun 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Morgan | 69 years | Dec 2013 | - | Director | |
| Mr Simon Smith | United Kingdom | 54 years | Jun 2017 | - | Director |
| Mr Mark Atkinson | United Kingdom | 46 years | Dec 2020 | - | Director |
| Culdip Gangotra | United Kingdom | 55 years | May 2024 | - | Director |
P&L
December 2023turnover
21.4m
+14%
operating profit
2.4m
-9%
gross margin
15.1%
-7.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
8.5m
+0.18%
total assets
38.7m
+0.26%
cash
4.4m
+0.14%
net assets
Total assets minus all liabilities
magnor plant hire limited company details
company number
00905526
Type
Private limited with Share Capital
industry
77110 - Renting and leasing of cars and light motor vehicles
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
77320 - Renting and leasing of construction and civil engineering machinery and equipment
incorporation date
May 1967
age
58
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
plc plant hire limited (January 2002)
accountant
-
auditor
ERNST & YOUNG LLP
address
kent house, 14 - 17 market place, london, W1W 8AJ
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
-
magnor plant hire 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 6 charges/mortgages relating to magnor plant hire limited. Currently there are 0 open charges and 6 have been satisfied in the past.
magnor plant hire 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 MAGNOR PLANT HIRE LIMITED. This can take several minutes, an email will notify you when this has completed.
magnor plant hire limited Companies House Filings - See Documents
| date | description | view/download |
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