Pomanda estimates the enterprise value of MORELANDS ELECTRICAL LIMITED at £343k based on a Turnover of £898.5k and 0.38x industry multiple (adjusted for size and gross margin).
morelands electrical limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of MORELANDS ELECTRICAL LIMITED at £0 based on an EBITDA of £-5.4k and a 3.78x industry multiple (adjusted for size and gross margin).
morelands electrical limitedEstimated Valuation
£35.2k
Pomanda estimates the enterprise value of MORELANDS ELECTRICAL LIMITED at £35.2k based on Net Assets of £16.1k and 2.2x industry multiple (adjusted for liquidity).
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Morelands Electrical LimitedOverview
Morelands Electrical Limited is a live company located in london, EC2V 7BG with a Companies House number of 04162720. It operates in the electrical installation sector, SIC Code 43210. Founded in February 2001, it's largest shareholder is
john doherty
with a 50% stake. Morelands Electrical Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£898.5k with
declining
growth in recent years.
Pomanda's financial health check has awarded Morelands Electrical Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 9 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
1 Strong
2 Regular
9 Weak
Size
annual sales of £898.5k, make it smaller than the average company (£1.4m)
£898.5k - Morelands Electrical Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -12%, show it is growing at a slower rate (3%)
-12% - Morelands Electrical Limited
3% - Industry AVG
Production
with a gross margin of 25.4%, this company has a comparable cost of product (25.4%)
25.4% - Morelands Electrical Limited
25.4% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (6.7%)
-0.9% - Morelands Electrical Limited
6.7% - Industry AVG
Employees
with 6 employees, this is below the industry average (19)
6 - Morelands Electrical Limited
19 - Industry AVG
Pay Structure
on an average salary of £39.9k, the company has an equivalent pay structure (£39.9k)
£39.9k - Morelands Electrical Limited
£39.9k - Industry AVG
Efficiency
resulting in sales per employee of £149.7k, this is more efficient (£121.7k)
£149.7k - Morelands Electrical Limited
£121.7k - Industry AVG
Debtor Days
it gets paid by customers after 86 days, this is later than average (63 days)
86 days - Morelands Electrical Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 37 days, this is quicker than average (44 days)
37 days - Morelands Electrical Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 28 days, this is more than average (10 days)
28 days - Morelands Electrical Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 10 weeks, this is less cash available to meet short term requirements (26 weeks)
10 weeks - Morelands Electrical Limited
26 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.1%, this is a higher level of debt than the average (63.9%)
96.1% - Morelands Electrical Limited
63.9% - Industry AVG
MORELANDS ELECTRICAL LIMITED financials
EXPORT
Morelands Electrical Limited's latest turnover from February 2022 is estimated at £898.5 thousand and the company has net assets of £16.1 thousand. According to their latest financial statements, Morelands Electrical Limited has 6 employees and maintains cash reserves of £61.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Turnover
898,476
871,053
837,185
1,334,036
1,332,049
1,727,327
1,183,280
2,145,290
1,300,106
1,746,482
2,418,750
1,960,434
1,418,173
Other Income Or Grants
Cost Of Sales
670,531
651,984
625,708
977,910
956,340
1,228,387
827,335
1,488,490
897,494
1,178,298
1,609,729
1,220,021
881,696
Gross Profit
227,945
219,070
211,477
356,127
375,710
498,940
355,944
656,799
402,611
568,183
809,021
740,413
536,478
Admin Expenses
236,520
91,132
283,936
395,350
473,015
552,888
356,492
597,854
589,965
518,754
681,032
715,600
298,226
Operating Profit
-8,575
127,938
-72,459
-39,223
-97,305
-53,948
-548
58,945
-187,354
49,429
127,989
24,813
238,252
Interest Payable
295
284
Interest Receivable
639
130
514
377
75
232
589
186
664
793
191
55
55
Pre-Tax Profit
-7,936
128,068
-71,945
-39,140
-97,514
-53,716
41
59,132
-186,690
50,222
128,180
24,868
238,307
Tax
-24,333
-8
-12,418
-12,053
-33,327
-6,963
-66,726
Profit After Tax
-7,936
103,735
-71,945
-39,140
-97,514
-53,716
33
46,714
-186,690
38,169
94,853
17,905
171,581
Dividends Paid
Retained Profit
-7,936
103,735
-71,945
-39,140
-97,514
-53,716
33
46,714
-186,690
38,169
94,853
17,905
171,581
Employee Costs
239,369
278,521
410,022
444,289
425,944
564,258
355,780
597,425
337,900
474,478
740,161
647,994
488,219
Number Of Employees
6
7
10
11
11
14
9
15
9
13
20
18
13
EBITDA*
-5,377
132,019
-72,459
-35,069
-97,305
-53,948
11,087
78,422
-164,795
76,425
149,063
47,975
255,788
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Tangible Assets
7,512
10,710
14,791
14,617
16,129
24,182
34,903
40,913
62,752
78,147
86,566
69,242
54,318
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
7,512
10,710
14,791
14,617
16,129
24,182
34,903
40,913
62,752
78,147
86,566
69,242
54,318
Stock & work in progress
52,000
36,500
47,750
50,000
30,515
50,115
71,637
57,984
93,115
110,396
113,817
63,614
Trade Debtors
213,085
191,860
123,663
266,878
285,804
318,915
139,984
361,139
208,615
240,832
389,942
311,489
230,766
Group Debtors
Misc Debtors
74,421
81,142
79,093
76,487
5,120
4,000
Cash
61,680
194,104
66,494
70,620
30,000
185,637
50,025
24,491
241,021
76,308
40
22,013
misc current assets
total current assets
401,186
503,606
317,000
463,985
346,319
318,915
380,856
486,801
291,090
574,968
576,646
425,346
316,393
total assets
408,698
514,316
331,791
478,602
362,448
343,097
415,759
527,714
353,842
653,115
663,212
494,588
370,711
Bank overdraft
8,734
Bank loan
Trade Creditors
68,472
79,371
56,874
147,619
168,051
212,851
233,192
345,180
208,730
306,767
345,369
286,295
194,169
Group/Directors Accounts
6,084
other short term finances
hp & lease commitments
other current liabilities
236,647
263,430
129,665
108,786
148,242
total current liabilities
305,119
342,801
186,539
256,405
331,111
212,851
233,192
345,180
208,730
306,767
345,369
286,295
194,169
loans
hp & lease commitments
Accruals and Deferred Income
1,397
other liabilities
87,528
147,528
225,000
230,000
9,292
23,838
33,502
18,805
4,959
provisions
total long term liabilities
87,528
147,528
225,000
230,000
1,397
9,292
23,838
33,502
18,805
4,959
total liabilities
392,647
490,329
411,539
486,405
331,111
214,248
233,192
345,180
218,022
330,605
378,871
305,100
199,128
net assets
16,051
23,987
-79,748
-7,803
31,337
128,849
182,567
182,534
135,820
322,510
284,341
189,488
171,583
total shareholders funds
16,051
23,987
-79,748
-7,803
31,337
128,849
182,567
182,534
135,820
322,510
284,341
189,488
171,583
Feb 2022
Feb 2021
Feb 2020
Feb 2019
Feb 2018
Feb 2017
Feb 2016
Feb 2015
Feb 2014
Feb 2013
Feb 2012
Feb 2011
Feb 2010
Operating Activities
Operating Profit
-8,575
127,938
-72,459
-39,223
-97,305
-53,948
-548
58,945
-187,354
49,429
127,989
24,813
238,252
Depreciation
3,198
4,081
4,154
11,635
19,477
22,559
26,996
21,074
23,162
17,536
Amortisation
Tax
-24,333
-8
-12,418
-12,053
-33,327
-6,963
-66,726
Stock
15,500
-11,250
-2,250
19,485
30,515
-50,115
-21,522
13,653
-35,131
-17,281
-3,421
50,203
63,614
Debtors
14,504
70,246
-140,609
57,561
-33,111
173,811
-220,035
156,524
-32,217
-149,110
78,453
80,723
230,766
Creditors
-10,899
22,497
-90,745
-20,432
-44,800
-20,341
-111,988
136,450
-98,037
-38,602
59,074
92,126
194,169
Accruals and Deferred Income
-26,783
133,765
20,879
-39,456
146,845
1,397
Deferred Taxes & Provisions
Cash flow from operations
-73,063
204,952
534
-172,003
7,336
-196,588
140,648
32,277
-195,484
192,161
99,778
2,212
88,851
Investing Activities
capital expenditure
-174
-2,642
8,053
10,721
-5,625
2,362
-7,164
-18,577
-38,398
-38,086
-71,854
Change in Investments
cash flow from investments
-174
-2,642
8,053
10,721
-5,625
2,362
-7,164
-18,577
-38,398
-38,086
-71,854
Financing Activities
Bank loans
Group/Directors Accounts
-6,084
6,084
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-60,000
-77,472
-5,000
230,000
-9,292
-14,546
-9,664
14,697
13,846
4,959
share issue
2
-2
2
interest
639
130
514
82
-209
232
589
186
664
793
191
55
55
cash flow from financing
-59,361
-77,342
-4,486
223,998
5,877
230
589
-9,106
-13,882
-8,871
14,888
13,901
5,016
cash and cash equivalents
cash
-132,424
127,610
-4,126
40,620
30,000
-185,637
135,612
25,534
-216,530
164,713
76,268
-21,973
22,013
overdraft
-8,734
8,734
change in cash
-132,424
127,610
-4,126
49,354
21,266
-185,637
135,612
25,534
-216,530
164,713
76,268
-21,973
22,013
morelands electrical 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 morelands electrical limited. Get real-time insights into morelands electrical limited's credit score, group structure and payment trends.
Perform a competitor analysis for morelands electrical limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EC2V area or any other competitors across 12 key performance metrics.
morelands electrical limited Ownership
MORELANDS ELECTRICAL LIMITED group structure
Morelands Electrical Limited has no subsidiary companies.
Ultimate parent company
MORELANDS ELECTRICAL LIMITED
04162720
MORELANDS ELECTRICAL LIMITED Shareholders
The largest shareholders in Morelands Electrical Limited include John Doherty and Gregg Hastings.
john doherty
50%
gregg hastings
50%
morelands electrical limited directors
Morelands Electrical Limited currently has 2 directors.
The longest serving directors include
Mr John Doherty (Feb 2001) and
Mr Gregg Hastings (Feb 2001).
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 1 charges/mortgages relating to morelands electrical limited. Currently there are 1 open charges and 0 have been satisfied in the past.
morelands electrical 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.
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morelands electrical limitedCompanies House Filings - See Documents
