morris homes (kettering) limitedEstimated Valuation
£15.2m
Pomanda estimates the enterprise value of MORRIS HOMES (KETTERING) LIMITED at £15.2m based on a Turnover of £27.1m and 0.56x industry multiple (adjusted for size and gross margin).
morris homes (kettering) limitedEstimated Valuation
£11.3m
Pomanda estimates the enterprise value of MORRIS HOMES (KETTERING) LIMITED at £11.3m based on an EBITDA of £2.3m and a 4.95x industry multiple (adjusted for size and gross margin).
morris homes (kettering) limitedEstimated Valuation
£855.1k
Pomanda estimates the enterprise value of MORRIS HOMES (KETTERING) LIMITED at £855.1k based on Net Assets of £642k and 1.33x industry multiple (adjusted for liquidity).
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Morris Homes (kettering) LimitedOverview
Morris Homes (kettering) Limited is a live company located in wilmslow, SK9 5NW with a Companies House number of 02973349. It operates in the construction of domestic buildings sector, SIC Code 41202. Founded in October 1994, it's largest shareholder is
morris homes (north) ltd
with a 100% stake. Morris Homes (kettering) Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£27.1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Morris Homes (Kettering) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
3 Regular
2 Weak
Size
annual sales of £27.1m, make it larger than the average company (£394.9k)
£27.1m - Morris Homes (kettering) Limited
£394.9k - Industry AVG
Growth
3 year (CAGR) sales growth of 40%, show it is growing at a faster rate (10%)
40% - Morris Homes (kettering) Limited
10% - Industry AVG
Production
with a gross margin of 16.6%, this company has a comparable cost of product (20.7%)
16.6% - Morris Homes (kettering) Limited
20.7% - Industry AVG
Profitability
an operating margin of 8.4% make it more profitable than the average company (4.8%)
8.4% - Morris Homes (kettering) Limited
4.8% - Industry AVG
Employees
with 151 employees, this is above the industry average (3)
151 - Morris Homes (kettering) Limited
3 - Industry AVG
Pay Structure
on an average salary of £42k, the company has an equivalent pay structure (£42k)
£42k - Morris Homes (kettering) Limited
£42k - Industry AVG
Efficiency
resulting in sales per employee of £179.7k, this is equally as efficient (£180.1k)
£179.7k - Morris Homes (kettering) Limited
£180.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Morris Homes (kettering) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Morris Homes (kettering) Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 457 days, this is more than average (279 days)
457 days - Morris Homes (kettering) Limited
279 days - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Morris Homes (kettering) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.7%, this is a higher level of debt than the average (70.5%)
98.7% - Morris Homes (kettering) Limited
70.5% - Industry AVG
MORRIS HOMES (KETTERING) LIMITED financials
EXPORT
Morris Homes (Kettering) Limited's latest turnover from April 2024 is £27.1 million and the company has net assets of £642 thousand. According to their latest financial statements, we estimate that Morris Homes (Kettering) Limited has 151 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
27,139,000
33,734,000
29,299,000
9,991,000
680,000
325,000
341,000
Other Income Or Grants
Cost Of Sales
22,648,000
26,245,000
22,509,000
7,848,000
506,000
294,000
-59,000
396,000
Gross Profit
4,491,000
7,489,000
6,790,000
2,143,000
174,000
31,000
59,000
-55,000
Admin Expenses
2,212,000
2,155,000
1,665,000
246,000
-6,000
-9,000
-6,000
5,000
Operating Profit
2,279,000
5,334,000
5,125,000
1,897,000
174,000
37,000
9,000
65,000
-60,000
Interest Payable
6,242,000
3,987,000
2,390,000
506,000
186,000
6,000
9,000
6,000
25,000
Interest Receivable
Pre-Tax Profit
-3,963,000
1,347,000
2,735,000
1,391,000
-12,000
31,000
59,000
-85,000
Tax
-4,000
-255,000
-336,000
-264,000
-5,000
12,000
-42,000
16,000
Profit After Tax
-3,967,000
1,092,000
2,399,000
1,127,000
-12,000
26,000
12,000
17,000
-69,000
Dividends Paid
153,000
Retained Profit
-3,967,000
1,092,000
2,399,000
1,127,000
-12,000
-127,000
12,000
17,000
-69,000
Employee Costs
6,341,255
6,850,886
5,186,262
38,247
Number Of Employees
151
161
121
1
4
1
1
1
2
EBITDA*
2,279,000
5,334,000
5,125,000
1,897,000
174,000
37,000
9,000
65,000
-60,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
28,359,000
22,594,000
22,680,000
28,155,000
8,773,000
348,000
348,000
348,000
Trade Debtors
5,000
6,000
Group Debtors
20,633,000
15,711,000
2,039,000
3,000
Misc Debtors
1,000
1,000
25,000
Cash
176,000
185,000
193,000
misc current assets
total current assets
48,992,000
38,305,000
24,719,000
28,155,000
8,776,000
5,000
531,000
534,000
566,000
total assets
48,992,000
38,305,000
24,719,000
28,155,000
8,776,000
5,000
531,000
534,000
566,000
Bank overdraft
Bank loan
5,397,000
Trade Creditors
3,000
39,000
Group/Directors Accounts
14,713,000
6,718,000
399,000
399,000
399,000
other short term finances
29,153,000
20,736,000
16,504,000
16,156,000
hp & lease commitments
other current liabilities
4,484,000
6,242,000
4,698,000
10,881,000
3,388,000
5,000
5,000
17,000
30,000
total current liabilities
48,350,000
33,696,000
21,202,000
27,037,000
8,785,000
5,000
404,000
419,000
468,000
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
48,350,000
33,696,000
21,202,000
27,037,000
8,785,000
5,000
404,000
419,000
468,000
net assets
642,000
4,609,000
3,517,000
1,118,000
-9,000
127,000
115,000
98,000
total shareholders funds
642,000
4,609,000
3,517,000
1,118,000
-9,000
127,000
115,000
98,000
Apr 2024
Apr 2023
Apr 2022
Apr 2021
Apr 2020
Apr 2019
Apr 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
2,279,000
5,334,000
5,125,000
1,897,000
174,000
37,000
9,000
65,000
-60,000
Depreciation
Amortisation
Tax
-4,000
-255,000
-336,000
-264,000
-5,000
12,000
-42,000
16,000
Stock
5,765,000
-86,000
-5,475,000
19,382,000
8,773,000
-348,000
348,000
Debtors
4,922,000
13,672,000
2,039,000
-3,000
3,000
-5,000
-2,000
6,000
-24,000
25,000
Creditors
-3,000
-36,000
39,000
Accruals and Deferred Income
-1,758,000
1,544,000
-6,183,000
7,493,000
3,388,000
-5,000
-12,000
-13,000
30,000
Deferred Taxes & Provisions
Cash flow from operations
-10,170,000
-6,963,000
2,042,000
-10,253,000
-5,214,000
382,000
-2,000
-348,000
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
-5,397,000
5,397,000
Group/Directors Accounts
7,995,000
6,718,000
-399,000
399,000
Other Short Term Loans
8,417,000
4,232,000
348,000
16,156,000
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
3,000
167,000
interest
-6,242,000
-3,987,000
-2,390,000
-506,000
-186,000
-6,000
-9,000
-6,000
-25,000
cash flow from financing
10,170,000
6,963,000
-2,042,000
10,253,000
5,214,000
-405,000
-9,000
-6,000
541,000
cash and cash equivalents
cash
-176,000
-9,000
-8,000
193,000
overdraft
change in cash
-176,000
-9,000
-8,000
193,000
morris homes (kettering) 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 morris homes (kettering) limited. Get real-time insights into morris homes (kettering) limited's credit score, group structure and payment trends.
Morris Homes (kettering) Limited Competitor Analysis
Perform a competitor analysis for morris homes (kettering) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in SK9 area or any other competitors across 12 key performance metrics.
morris homes (kettering) limited Ownership
MORRIS HOMES (KETTERING) LIMITED group structure
Morris Homes (Kettering) Limited has no subsidiary companies.
The sole shareholder of Morris Homes (Kettering) Limited is Morris Homes (North) Ltd.
morris homes (north) ltd
100%
morris homes (kettering) limited directors
Morris Homes (Kettering) Limited currently has 6 directors.
The longest serving directors include
Mr Michael Gaskell (Feb 1995) and
Mr David Hesson (Jun 2019).
morris homes (kettering) 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 57 charges/mortgages relating to morris homes (kettering) limited. Currently there are 7 open charges and 50 have been satisfied in the past.
morris homes (kettering) 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 MORRIS HOMES (KETTERING) LIMITED. This can take several minutes, an email will notify you when this has completed.
morris homes (kettering) limitedCompanies House Filings - See Documents
