Pomanda estimates the enterprise value of MORCROFT PROPERTY DEVELOPMENTS LIMITED at £322.7k based on a Turnover of £658.8k and 0.49x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MORCROFT PROPERTY DEVELOPMENTS LIMITED at £0 based on an EBITDA of £-55.5k and a 3.74x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MORCROFT PROPERTY DEVELOPMENTS LIMITED at £3.7m based on Net Assets of £2.6m and 1.39x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Morcroft Property Developments LimitedOverview
Morcroft Property Developments Limited is a live company located in greater manchester, M45 7TA with a Companies House number of 01659446. It operates in the development of building projects sector, SIC Code 41100. Founded in August 1982, it's largest shareholder is
robert william moore
with a 47% stake. Morcroft Property Developments Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£658.8k with
declining
growth in recent years.
Morcroft Property Developments Limited Health Check
Pomanda's financial health check has awarded Morcroft Property Developments Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
3 Strong
2 Regular
6 Weak
Size
annual sales of £658.8k, make it smaller than the average company (£2.1m)
£658.8k - Morcroft Property Developments Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -21%, show it is growing at a slower rate (2.8%)
-21% - Morcroft Property Developments Limited
2.8% - Industry AVG
Production
with a gross margin of 26.4%, this company has a comparable cost of product (26.4%)
26.4% - Morcroft Property Developments Limited
26.4% - Industry AVG
Profitability
an operating margin of -8.7% make it less profitable than the average company (7.6%)
-8.7% - Morcroft Property Developments Limited
7.6% - Industry AVG
Employees
with 4 employees, this is below the industry average (6)
4 - Morcroft Property Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £46.5k, the company has an equivalent pay structure (£46.5k)
£46.5k - Morcroft Property Developments Limited
£46.5k - Industry AVG
Efficiency
resulting in sales per employee of £164.7k, this is less efficient (£273.6k)
£164.7k - Morcroft Property Developments Limited
£273.6k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (29 days)
1 days - Morcroft Property Developments Limited
29 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Morcroft Property Developments Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 677 days, this is more than average (152 days)
677 days - Morcroft Property Developments Limited
152 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4672 weeks, this is more cash available to meet short term requirements (14 weeks)
it has a ratio of liabilities to total assets of 0.6%, this is a lower level of debt than the average (72.9%)
0.6% - Morcroft Property Developments Limited
72.9% - Industry AVG
MORCROFT PROPERTY DEVELOPMENTS LIMITED financials
EXPORT
Morcroft Property Developments Limited's latest turnover from April 2023 is estimated at £658.8 thousand and the company has net assets of £2.6 million. According to their latest financial statements, Morcroft Property Developments Limited has 4 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
658,797
601,376
1,560,105
1,339,212
194,845
1,065,809
882,826
2,178,002
1,077,985
1,702,842
1,824,681
2,453,575
2,703,705
2,854,700
Other Income Or Grants
Cost Of Sales
484,888
449,446
1,189,333
1,220,000
680,000
750,419
608,865
1,530,555
772,653
1,217,323
1,290,409
1,782,339
1,979,734
2,039,059
Gross Profit
173,909
151,930
370,773
119,212
-485,155
315,390
273,961
647,446
305,331
485,520
534,272
671,236
723,971
815,641
Admin Expenses
231,385
109,809
302,994
161,565
150,342
975,628
436,012
731,645
218,325
466,474
332,571
416,362
420,624
-3,936,182
Operating Profit
-57,476
42,121
67,779
-42,353
-635,497
-660,238
-162,051
-84,199
87,006
19,046
201,701
254,874
303,347
4,751,823
Interest Payable
7,058
21,044
1,788
5,363
8,938
12,513
16,088
8,938
Interest Receivable
59,016
6,326
165
72
52
713
3,081
10,290
5,248
1,488
1,643
1,260
811
292
Pre-Tax Profit
1,540
48,447
67,943
-42,281
-642,503
-680,568
-158,970
-73,909
90,466
15,172
194,406
243,621
288,070
4,743,178
Tax
-385
-9,205
-12,909
-18,093
-3,186
-44,713
-58,469
-74,898
-1,328,090
Profit After Tax
1,155
39,242
55,034
-42,281
-642,503
-680,568
-158,970
-73,909
72,373
11,986
149,693
185,152
213,172
3,415,088
Dividends Paid
Retained Profit
1,155
39,242
55,034
-42,281
-642,503
-680,568
-158,970
-73,909
72,373
11,986
149,693
185,152
213,172
3,415,088
Employee Costs
185,849
177,995
172,603
172,311
169,333
167,567
165,087
329,692
155,816
218,152
252,244
354,581
411,983
470,716
Number Of Employees
4
4
4
4
4
4
4
8
4
6
7
10
12
14
EBITDA*
-55,496
44,267
70,304
-39,232
-631,608
-659,550
-161,222
-83,407
89,706
22,635
206,411
257,343
311,655
4,759,853
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
372,222
373,578
375,724
409,239
412,360
416,249
350,430
3,199
9,239
11,939
15,528
9,350
26,390
24,702
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
372,222
373,578
375,724
409,239
412,360
416,249
350,430
3,199
9,239
11,939
15,528
9,350
26,390
24,702
Stock & work in progress
900,000
903,737
2,025,699
2,224,405
3,245,699
3,800,000
3,355,413
1,796,306
2,635,835
4,366,036
4,360,935
4,556,539
4,540,736
4,540,736
Trade Debtors
1,818
307
3,031
252
107
819
14,615
12,598
9,725
10,730
19,724
11,839
Group Debtors
Misc Debtors
470
1,423
246
376
369
11,869
56,546
32,317
Cash
1,385,573
1,391,630
295,328
33,680
88,278
72,215
213,096
2,251,926
1,864,189
235,003
360,344
296,692
207,288
116,968
misc current assets
total current assets
2,287,861
2,297,097
2,321,273
2,261,492
3,334,598
3,884,191
3,625,874
4,080,549
4,514,639
4,613,637
4,731,004
4,863,961
4,767,748
4,669,543
total assets
2,660,083
2,670,675
2,696,997
2,670,731
3,746,958
4,300,440
3,976,304
4,083,748
4,523,878
4,625,576
4,746,532
4,873,311
4,794,138
4,694,245
Bank overdraft
70,000
Bank loan
Trade Creditors
36,229
46,428
49,023
52,227
156,414
275,485
353,427
574,899
625,878
684,157
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
15,419
27,166
92,730
85,269
1,109,016
369,900
9,492
10,193
total current liabilities
15,419
27,166
92,730
121,498
1,155,444
488,923
61,719
10,193
156,414
275,485
353,427
574,899
625,878
684,157
loans
577,500
55,000
110,000
165,000
220,000
275,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
220,000
220,000
220,000
220,000
220,000
220,000
provisions
total long term liabilities
577,500
220,000
275,000
330,000
385,000
440,000
495,000
total liabilities
15,419
27,166
92,730
121,498
1,155,444
1,066,423
61,719
10,193
376,414
550,485
683,427
959,899
1,065,878
1,179,157
net assets
2,644,664
2,643,509
2,604,267
2,549,233
2,591,514
3,234,017
3,914,585
4,073,555
4,147,464
4,075,091
4,063,105
3,913,412
3,728,260
3,515,088
total shareholders funds
2,644,664
2,643,509
2,604,267
2,549,233
2,591,514
3,234,017
3,914,585
4,073,555
4,147,464
4,075,091
4,063,105
3,913,412
3,728,260
3,515,088
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Apr 2017
Apr 2016
Apr 2015
Apr 2014
Apr 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-57,476
42,121
67,779
-42,353
-635,497
-660,238
-162,051
-84,199
87,006
19,046
201,701
254,874
303,347
4,751,823
Depreciation
1,980
2,146
2,525
3,121
3,889
688
829
792
2,700
3,589
4,710
2,469
8,308
8,030
Amortisation
Tax
-385
-9,205
-12,909
-18,093
-3,186
-44,713
-58,469
-74,898
-1,328,090
Stock
-3,737
-1,121,962
-198,706
-1,021,294
-554,301
444,587
1,559,107
-839,529
-1,730,201
5,101
-195,604
15,803
4,540,736
Debtors
558
1,484
-3,161
2,786
-11,355
-45,389
25,048
17,702
2,017
2,873
-1,005
-8,994
7,885
11,839
Creditors
-36,229
-10,199
-2,595
-3,204
52,227
-156,414
-119,071
-77,942
-221,472
-50,979
-58,279
684,157
Accruals and Deferred Income
-11,747
-65,564
7,461
-1,023,747
739,116
360,408
-701
10,193
Deferred Taxes & Provisions
Cash flow from operations
-64,449
1,089,976
230,494
-54,670
670,569
-701,544
-1,693,851
592,199
1,680,726
-66,467
136,835
141,086
170,593
-436,655
Investing Activities
capital expenditure
-624
30,990
-66,507
-348,060
5,248
-10,888
14,571
-9,996
-32,732
Change in Investments
cash flow from investments
-624
30,990
-66,507
-348,060
5,248
-10,888
14,571
-9,996
-32,732
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-577,500
577,500
-55,000
-55,000
-55,000
-55,000
-55,000
275,000
Hire Purchase and Lease Commitments
other long term liabilities
-220,000
220,000
share issue
100,000
interest
59,016
6,326
165
72
-7,006
-20,331
3,081
10,290
3,460
-3,875
-7,295
-11,253
-15,277
-8,646
cash flow from financing
59,016
6,326
165
72
-584,506
557,169
3,081
-209,710
-51,540
-58,875
-62,295
-66,253
-70,277
586,354
cash and cash equivalents
cash
-6,057
1,096,302
261,648
-54,598
16,063
-140,881
-2,038,830
387,737
1,629,186
-125,341
63,652
89,404
90,320
116,968
overdraft
-70,000
70,000
change in cash
-6,057
1,096,302
261,648
-54,598
86,063
-210,881
-2,038,830
387,737
1,629,186
-125,341
63,652
89,404
90,320
116,968
morcroft property developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for morcroft property developments limited. Get real-time insights into morcroft property developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for morcroft property developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in M45 area or any other competitors across 12 key performance metrics.
morcroft property developments limited Ownership
MORCROFT PROPERTY DEVELOPMENTS LIMITED group structure
Morcroft Property Developments Limited has no subsidiary companies.
The largest shareholders in Morcroft Property Developments Limited include Robert William Moore and Sheila Kay Moore.
robert william moore
47%
sheila kay moore
38%
amanda carolyn alliband
15%
morcroft property developments limited directors
Morcroft Property Developments Limited currently has 3 directors.
The longest serving directors include
Ms Sheila Moore (Dec 1991) and
Mr Robert Moore (Dec 1991).
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 36 charges/mortgages relating to morcroft property developments limited. Currently there are 0 open charges and 36 have been satisfied in the past.
morcroft property developments 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 MORCROFT PROPERTY DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
morcroft property developments limitedCompanies House Filings - See Documents
