mortons club limited
mortons club limited Company Information
Company Number
02003210
Next Accounts
Mar 2025
Directors
Shareholders
lone star restaurants ltd
mortons restaurant ltd
Group 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
the pinnacle, 170 midsummer boulevard, milton keynes, MK9 1BP
Website
www.mortonsclub.commortons club limited Estimated Valuation
Pomanda estimates the enterprise value of MORTONS CLUB LIMITED at £455.4k based on a Turnover of £141.7k and 3.21x industry multiple (adjusted for size and gross margin).
mortons club limited Estimated Valuation
Pomanda estimates the enterprise value of MORTONS CLUB LIMITED at £0 based on an EBITDA of £-363.5k and a 6.45x industry multiple (adjusted for size and gross margin).
mortons club limited Estimated Valuation
Pomanda estimates the enterprise value of MORTONS CLUB LIMITED at £0 based on Net Assets of £-1.8m and 1.76x industry multiple (adjusted for liquidity).
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Mortons Club Limited Overview
Mortons Club Limited is a dissolved company that was located in milton keynes, MK9 1BP with a Companies House number of 02003210. It operated in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in March 1986, it's largest shareholder was lone star restaurants ltd with a 75% stake. The last turnover for Mortons Club Limited was estimated at £141.7k.
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Mortons Club Limited Health Check
Pomanda's financial health check has awarded Mortons Club Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £141.7k, make it smaller than the average company (£553k)
- Mortons Club Limited
£553k - Industry AVG
Growth
3 year (CAGR) sales growth of -59%, show it is growing at a slower rate (3%)
- Mortons Club Limited
3% - Industry AVG
Production
with a gross margin of 70.9%, this company has a comparable cost of product (70.9%)
- Mortons Club Limited
70.9% - Industry AVG
Profitability
an operating margin of -257.7% make it less profitable than the average company (45.8%)
- Mortons Club Limited
45.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
- Mortons Club Limited
4 - Industry AVG
Pay Structure
on an average salary of £26.7k, the company has an equivalent pay structure (£26.7k)
- Mortons Club Limited
£26.7k - Industry AVG
Efficiency
resulting in sales per employee of £70.9k, this is less efficient (£138k)
- Mortons Club Limited
£138k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Mortons Club Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 419 days, this is slower than average (35 days)
- Mortons Club Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mortons Club Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (13 weeks)
0 weeks - Mortons Club Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 367.6%, this is a higher level of debt than the average (65.7%)
367.6% - Mortons Club Limited
65.7% - Industry AVG
MORTONS CLUB LIMITED financials
Mortons Club Limited's latest turnover from December 2017 is estimated at £141.7 thousand and the company has net assets of -£1.8 million. According to their latest financial statements, we estimate that Mortons Club Limited has 2 employees and maintains cash reserves of £1 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | -6,334 | -5,212 | -26,552 | ||||||
| Interest Payable | 309 | 172 | 190 | ||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | -6,643 | -5,384 | -26,742 | ||||||
| Tax | |||||||||
| Profit After Tax | -6,643 | -5,384 | -26,742 | ||||||
| Dividends Paid | |||||||||
| Retained Profit | -6,643 | -5,384 | -26,742 | ||||||
| Employee Costs | |||||||||
| Number Of Employees | |||||||||
| EBITDA* | -4,583 | -3,461 | -24,363 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 20,575 | 22,326 | 24,077 | 25,828 | 27,579 | 29,330 | 31,081 | 32,832 | 1 |
| Intangible Assets | |||||||||
| Investments & Other | |||||||||
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 20,575 | 22,326 | 24,077 | 25,828 | 27,579 | 29,330 | 31,081 | 32,832 | 1 |
| Stock & work in progress | |||||||||
| Trade Debtors | 198,038 | 101,530 | |||||||
| Group Debtors | 667,917 | 7,678,713 | 427,587 | 174 | |||||
| Misc Debtors | |||||||||
| Cash | 1 | 326 | 17,818 | 598 | |||||
| misc current assets | |||||||||
| total current assets | 667,918 | 7,679,039 | 427,587 | 198,038 | 101,530 | 174 | 17,818 | 598 | |
| total assets | 688,493 | 7,701,365 | 451,664 | 223,866 | 129,109 | 29,330 | 31,255 | 50,650 | 599 |
| Bank overdraft | 11,003 | 342 | 4,912 | ||||||
| Bank loan | 8,704,664 | ||||||||
| Trade Creditors | 47,532 | 13,011 | 34,917 | 279,471 | 179,361 | 8,852 | 7,000 | ||
| Group/Directors Accounts | 2,480,010 | 174,541 | 460,243 | 62,306 | 61,381 | 80,793 | |||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 3,000 | 3,075 | 3,315 | 3,000 | 3,489 | 3,000 | |||
| total current liabilities | 2,530,542 | 8,895,291 | 509,478 | 279,471 | 179,361 | 74,500 | 69,782 | 83,793 | 7,000 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | |||||||||
| total long term liabilities | |||||||||
| total liabilities | 2,530,542 | 8,895,291 | 509,478 | 279,471 | 179,361 | 74,500 | 69,782 | 83,793 | 7,000 |
| net assets | -1,842,049 | -1,193,926 | -57,814 | -55,605 | -50,252 | -45,170 | -38,527 | -33,143 | -6,401 |
| total shareholders funds | -1,842,049 | -1,193,926 | -57,814 | -55,605 | -50,252 | -45,170 | -38,527 | -33,143 | -6,401 |
| Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | -6,334 | -5,212 | -26,552 | ||||||
| Depreciation | 1,751 | 1,751 | 1,751 | 1,751 | 1,751 | 1,751 | 1,751 | 2,189 | |
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -7,010,796 | 7,251,126 | 229,549 | 96,508 | 101,530 | -174 | 174 | ||
| Creditors | 34,521 | -21,906 | -244,554 | 100,110 | 170,509 | 8,852 | -7,000 | 7,000 | |
| Accruals and Deferred Income | -75 | -240 | 3,315 | -3,000 | -489 | 489 | 3,000 | ||
| Deferred Taxes & Provisions | |||||||||
| Cash flow from operations | 3,954 | -3,146 | -28,363 | ||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | |||||||||
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | -8,704,664 | 8,704,664 | |||||||
| Group/Directors Accounts | 2,305,469 | -285,702 | 460,243 | -62,306 | 925 | -19,412 | 80,793 | ||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | -309 | -172 | -190 | ||||||
| cash flow from financing | 616 | -19,584 | 80,603 | ||||||
| cash and cash equivalents | |||||||||
| cash | -325 | 326 | -17,818 | 17,220 | 598 | ||||
| overdraft | -11,003 | 11,003 | -342 | -4,570 | 4,912 | ||||
| change in cash | -325 | 11,329 | -11,003 | 342 | 4,570 | -22,730 | 17,220 | 598 |
mortons club limited Credit Report and Business Information
Mortons Club Limited Competitor Analysis
Perform a competitor analysis for mortons club limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in MK9 area or any other competitors across 12 key performance metrics.
mortons club limited Ownership
MORTONS CLUB LIMITED group structure
Mortons Club Limited has no subsidiary companies.
Ultimate parent company
MALOREY ASSETS LTD
#0048036
2 parents
MORTONS CLUB LIMITED
02003210
mortons club limited directors
Mortons Club Limited currently has 1 director, Mr Marlon Abela serving since Oct 2009.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Marlon Abela | England | 49 years | Oct 2009 | - | Director |
P&L
December 2017turnover
141.7k
+319%
operating profit
-365.2k
0%
gross margin
70.9%
-1.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2017net assets
-1.8m
+0.54%
total assets
688.5k
-0.91%
cash
1
-1%
net assets
Total assets minus all liabilities
mortons club limited company details
company number
02003210
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
March 1986
age
39
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2017
previous names
mortons limited (November 1987)
neutroace limited (July 1986)
accountant
-
auditor
-
address
the pinnacle, 170 midsummer boulevard, milton keynes, MK9 1BP
Bank
-
Legal Advisor
-
mortons club 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 8 charges/mortgages relating to mortons club limited. Currently there are 2 open charges and 6 have been satisfied in the past.
mortons club 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 MORTONS CLUB LIMITED. This can take several minutes, an email will notify you when this has completed.
mortons club limited Companies House Filings - See Documents
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