morgan sindall construction & infrastructure ltd

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morgan sindall construction & infrastructure ltd Company Information

Share MORGAN SINDALL CONSTRUCTION & INFRASTRUCTURE LTD

Company Number

04273754

Directors

John Morgan

Patrick Boyle

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Shareholders

morgan sindall holdings ltd

Group Structure

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Industry

Construction of commercial buildings

 

Registered Address

kent house, 14-17 market place, london, W1W 8AJ

morgan sindall construction & infrastructure ltd Estimated Valuation

£905.8m

Pomanda estimates the enterprise value of MORGAN SINDALL CONSTRUCTION & INFRASTRUCTURE LTD at £905.8m based on a Turnover of £1.7b and 0.53x industry multiple (adjusted for size and gross margin).

morgan sindall construction & infrastructure ltd Estimated Valuation

£260.7m

Pomanda estimates the enterprise value of MORGAN SINDALL CONSTRUCTION & INFRASTRUCTURE LTD at £260.7m based on an EBITDA of £47.4m and a 5.5x industry multiple (adjusted for size and gross margin).

morgan sindall construction & infrastructure ltd Estimated Valuation

£458.3m

Pomanda estimates the enterprise value of MORGAN SINDALL CONSTRUCTION & INFRASTRUCTURE LTD at £458.3m based on Net Assets of £303.1m and 1.51x industry multiple (adjusted for liquidity).

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Morgan Sindall Construction & Infrastructure Ltd Overview

Morgan Sindall Construction & Infrastructure Ltd is a live company located in london, W1W 8AJ with a Companies House number of 04273754. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in August 2001, it's largest shareholder is morgan sindall holdings ltd with a 100% stake. Morgan Sindall Construction & Infrastructure Ltd is a mature, mega sized company, Pomanda has estimated its turnover at £1.7b with low growth in recent years.

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Morgan Sindall Construction & Infrastructure Ltd Health Check

Pomanda's financial health check has awarded Morgan Sindall Construction & Infrastructure Ltd a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £1.7b, make it larger than the average company (£12.1m)

£1.7b - Morgan Sindall Construction & Infrastructure Ltd

£12.1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (7.6%)

4% - Morgan Sindall Construction & Infrastructure Ltd

7.6% - Industry AVG

production

Production

with a gross margin of 8.6%, this company has a higher cost of product (15.7%)

8.6% - Morgan Sindall Construction & Infrastructure Ltd

15.7% - Industry AVG

profitability

Profitability

an operating margin of 2.5% make it less profitable than the average company (4.5%)

2.5% - Morgan Sindall Construction & Infrastructure Ltd

4.5% - Industry AVG

employees

Employees

with 3376 employees, this is above the industry average (33)

3376 - Morgan Sindall Construction & Infrastructure Ltd

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £88.2k, the company has a higher pay structure (£55.2k)

£88.2k - Morgan Sindall Construction & Infrastructure Ltd

£55.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £509.8k, this is more efficient (£362.1k)

£509.8k - Morgan Sindall Construction & Infrastructure Ltd

£362.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 29 days, this is earlier than average (46 days)

29 days - Morgan Sindall Construction & Infrastructure Ltd

46 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 13 days, this is quicker than average (39 days)

13 days - Morgan Sindall Construction & Infrastructure Ltd

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Morgan Sindall Construction & Infrastructure Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (21 weeks)

6 weeks - Morgan Sindall Construction & Infrastructure Ltd

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 66.6%, this is a similar level of debt than the average (68%)

66.6% - Morgan Sindall Construction & Infrastructure Ltd

68% - Industry AVG

MORGAN SINDALL CONSTRUCTION & INFRASTRUCTURE LTD financials

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Morgan Sindall Construction & Infrastructure Ltd's latest turnover from December 2023 is £1.7 billion and the company has net assets of £303.1 million. According to their latest financial statements, Morgan Sindall Construction & Infrastructure Ltd has 3,376 employees and maintains cash reserves of £77.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,721,187,0001,474,820,0001,416,470,0001,533,146,0001,395,839,0001,267,996,0001,325,703,0001,261,955,0001,183,798,0001,133,857,0001,203,151,0001,142,580,0001,244,590,0001,233,039,0001,490,543,000
Other Income Or Grants
Cost Of Sales1,573,827,0001,340,271,0001,286,178,0001,424,636,0001,289,070,0001,168,789,0001,239,759,0001,189,746,0001,167,540,0001,074,950,0001,134,684,0001,053,941,0001,143,130,0001,122,621,0001,372,624,000
Gross Profit147,360,000134,549,000130,292,000108,510,000106,769,00099,207,00085,944,00072,209,00016,258,00058,907,00068,467,00088,639,000101,460,000110,418,000117,919,000
Admin Expenses105,097,00092,125,00080,518,00080,254,00078,808,00073,356,00068,307,00066,443,00064,832,00057,782,00058,108,00083,605,00091,971,00095,032,00093,989,000
Operating Profit42,263,00042,424,00049,774,00028,256,00027,961,00025,851,00017,637,0005,766,000-48,574,0001,125,00010,359,0005,034,0009,489,00015,386,00023,930,000
Interest Payable8,467,000402,000548,000284,000310,000338,000628,000174,0008,00012,0007,000448,000558,000
Interest Receivable14,621,0001,704,000426,000274,000661,000532,000845,000682,000114,000124,000173,000351,000249,000107,000145,000
Pre-Tax Profit51,417,00043,726,00049,652,00028,246,00028,312,00026,045,00018,482,0005,820,000-48,634,0001,241,00010,520,0005,378,0009,738,00015,045,00023,517,000
Tax-9,352,000-6,872,000-12,543,000-6,614,000-4,459,000-4,984,000-3,479,000-619,00011,391,000-484,000-1,320,000-583,000-581,000-5,107,000-7,248,000
Profit After Tax42,065,00036,854,00037,109,00021,632,00023,853,00021,061,00015,003,0005,201,000-37,243,000757,0009,200,0004,795,0009,157,0009,938,00016,269,000
Dividends Paid42,600,00035,000,00037,209,0007,250,0006,142,000
Retained Profit-535,0001,854,000-100,00021,632,00023,853,00021,061,00015,003,0005,201,000-37,243,000-6,493,0009,200,0004,795,0009,157,0009,938,00010,127,000
Employee Costs297,737,000272,281,000261,112,000253,958,000240,002,000248,577,000231,199,000209,747,000195,920,000184,812,000184,337,000193,741,000215,086,000218,904,000259,543,000
Number Of Employees3,3763,2903,1563,3343,3543,4103,3283,1513,4323,3673,3413,6834,2554,5695,756
EBITDA*47,366,00046,703,00053,607,00032,829,00032,740,00030,293,00017,637,0007,441,000-46,990,0002,717,00020,931,00016,287,00020,736,00026,646,00035,043,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets148,077,000142,824,000156,827,000151,648,000152,063,000142,773,000131,370,0005,124,0005,728,0005,535,0003,669,0004,479,0005,526,0005,601,0005,724,000
Intangible Assets126,572,000129,572,000120,502,000120,502,000120,502,000120,502,000120,502,000120,502,000120,502,000120,502,000120,502,000120,502,000129,309,000138,116,000146,923,000
Investments & Other111,371,000111,371,000111,371,000111,371,000111,371,000111,384,000111,898,000112,339,000111,538,000111,371,000111,371,000111,371,000
Debtors (Due After 1 year)28,512,00028,061,00033,822,00028,438,00027,565,00017,028,00016,836,00013,334,0009,043,00017,861,00013,213,00010,518,00014,589,00018,294,000
Total Fixed Assets274,649,000272,396,000277,329,000272,150,000272,565,000263,275,000251,872,000251,299,000246,811,000255,269,000248,755,000246,870,000149,424,000162,011,000152,647,000
Stock & work in progress346,000232,000259,000387,000194,000410,000702,0002,900,0005,718,000
Trade Debtors137,857,000150,654,000136,988,000124,122,000140,057,00049,315,00058,680,00043,836,00055,122,000210,150,000214,645,000219,070,000220,965,000203,495,000226,960,000
Group Debtors389,393,000308,309,000283,472,000290,592,000243,157,000248,323,000289,611,000133,189,000128,433,000241,175,000212,091,000204,655,000203,284,000195,401,000149,191,000
Misc Debtors25,148,00015,149,00038,475,00012,728,0003,530,0003,241,0004,018,00079,238,00096,852,0006,234,0001,732,0002,009,0003,896,0005,706,00014,968,000
Cash77,560,00067,665,00095,520,00086,219,00068,127,00070,213,00070,693,000116,925,00059,220,00046,682,000111,000,00098,281,000138,688,000130,977,00093,814,000
misc current assets89,470,000148,0006,996,0007,353,0001,059,0003,100,000
total current assets634,254,000542,374,000555,315,000513,661,000454,871,000460,908,000423,382,000380,443,000347,367,000505,300,000542,762,000524,425,000567,535,000538,479,000490,651,000
total assets908,903,000814,770,000832,644,000785,811,000727,436,000724,183,000675,254,000631,742,000594,178,000760,569,000791,517,000771,295,000716,959,000700,490,000643,298,000
Bank overdraft
Bank loan
Trade Creditors 59,331,00056,247,00061,428,000117,008,00074,308,00073,007,00062,309,00066,195,00071,902,00082,450,00077,490,00079,124,00090,788,00068,452,00086,842,000
Group/Directors Accounts11,581,00015,011,000127,916,000129,297,000134,491,00015,159,00011,499,0002,579,000
other short term finances
hp & lease commitments1,502,0002,403,0002,012,0001,919,0002,316,0002,362,00039,00076,00073,00069,000
other current liabilities523,853,000429,551,000408,038,000342,369,000341,338,000361,569,000354,032,000311,893,000271,569,000273,602,000296,310,000273,158,000324,304,000364,233,000318,431,000
total current liabilities584,686,000488,201,000471,478,000461,296,000417,962,000436,938,000416,341,000389,669,000358,521,000484,044,000503,170,000486,842,000430,251,000444,184,000407,852,000
loans9,728,00013,932,00014,802,00015,522,00015,016,00017,722,000
hp & lease commitments4,864,0006,966,0007,401,0007,761,0007,508,0008,861,00040,000116,000189,000
Accruals and Deferred Income
other liabilities
provisions32,454,00031,876,000103,908,00029,686,00023,664,00024,250,00022,914,0009,292,0008,678,00012,444,00017,699,00022,916,00021,245,000
total long term liabilities21,091,00022,904,00059,355,00022,604,00019,340,00020,986,00011,457,0009,292,0008,678,00012,484,00017,815,00023,105,00021,245,000
total liabilities605,777,000511,105,000530,833,000483,900,000437,302,000457,924,000427,798,000398,961,000367,199,000496,528,000520,985,000509,947,000451,496,000444,184,000407,852,000
net assets303,126,000303,665,000301,811,000301,911,000290,134,000266,259,000247,456,000232,781,000226,979,000264,041,000270,532,000261,348,000265,463,000256,306,000235,446,000
total shareholders funds303,126,000303,665,000301,811,000301,911,000290,134,000266,259,000247,456,000232,781,000226,979,000264,041,000270,532,000261,348,000265,463,000256,306,000235,446,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit42,263,00042,424,00049,774,00028,256,00027,961,00025,851,00017,637,0005,766,000-48,574,0001,125,00010,359,0005,034,0009,489,00015,386,00023,930,000
Depreciation5,103,0004,279,0003,833,0004,573,0004,779,0004,442,0001,675,0001,584,0001,592,0001,766,0002,446,0002,440,0002,453,0002,306,000
Amortisation8,806,0008,807,0008,807,0008,807,0008,807,000
Tax-9,352,000-6,872,000-12,543,000-6,614,000-4,459,000-4,984,000-3,479,000-619,00011,391,000-484,000-1,320,000-583,000-581,000-5,107,000-7,248,000
Stock-346,000114,000-27,000-128,000387,000-194,000-216,000-292,000-2,198,000-2,818,0005,718,000
Debtors78,737,0009,416,00036,877,00041,571,00096,402,000-51,238,00099,548,000-19,853,000-185,970,00033,739,0005,429,000-6,482,00019,838,00031,777,000391,119,000
Creditors3,084,000-5,181,000-55,580,00042,700,0001,301,00010,698,000-3,886,000-5,707,000-10,548,0004,960,000-1,634,000-11,664,00022,336,000-18,390,00086,842,000
Accruals and Deferred Income94,302,00021,513,00065,669,0001,031,000-20,231,0007,537,00042,139,00040,324,000-2,033,000-22,708,00023,152,000-51,146,000-39,929,00045,802,000318,431,000
Deferred Taxes & Provisions578,000-72,032,00074,222,0006,022,000-586,0001,336,00013,622,000614,000-3,766,000-5,255,000-5,217,0001,671,00021,245,000
Cash flow from operations57,241,000-25,285,00088,498,00034,397,000-87,291,00096,004,000-33,488,00062,034,000133,637,000-54,315,00030,699,000-38,661,0006,167,00019,992,00036,231,000
Investing Activities
capital expenditure-7,356,000654,000-9,012,000-4,158,000-14,069,000-15,845,000-126,246,000-1,071,000-1,777,000-3,458,000-9,762,000-1,399,000-2,365,000-2,330,000-163,760,000
Change in Investments-13,000-514,000-441,000801,000167,000111,371,000
cash flow from investments-7,356,000654,000-9,012,000-4,158,000-14,056,000-15,331,000-125,805,000-1,872,000-1,944,000-3,458,000-9,762,000-112,770,000-2,365,000-2,330,000-163,760,000
Financing Activities
Bank loans
Group/Directors Accounts-11,581,000-3,430,000-112,905,000-1,381,000-5,194,000119,332,0003,660,0008,920,0002,579,000
Other Short Term Loans
Long term loans-4,204,000-870,000-720,000506,000-2,706,00017,722,000
Hire Purchase and Lease Commitments-3,003,000-44,000-267,000-144,000-1,399,00011,223,000-39,000-77,000-73,000-69,000258,000
other long term liabilities
share issue-4,000-9,855,00022,000-2,258,000-328,000601,000181,0002,000-16,000-8,910,00010,922,000225,319,000
interest6,154,0001,302,000-122,000-10,000351,000194,000845,00054,000-60,000116,000161,000344,000249,000-341,000-413,000
cash flow from financing-1,057,000388,000-1,109,000-9,503,000-3,732,00026,881,000-11,064,000-2,814,000-112,861,000-1,336,000-5,118,000111,024,0003,909,00019,501,000227,485,000
cash and cash equivalents
cash9,895,000-27,855,0009,301,00018,092,000-2,086,000-480,000-46,232,00057,705,00012,538,000-64,318,00012,719,000-40,407,0007,711,00037,163,00093,814,000
overdraft
change in cash9,895,000-27,855,0009,301,00018,092,000-2,086,000-480,000-46,232,00057,705,00012,538,000-64,318,00012,719,000-40,407,0007,711,00037,163,00093,814,000

morgan sindall construction & infrastructure ltd Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Morgan Sindall Construction & Infrastructure Ltd Competitor Analysis

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Perform a competitor analysis for morgan sindall construction & infrastructure ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mega companies, companies in W 1 area or any other competitors across 12 key performance metrics.

morgan sindall construction & infrastructure ltd Ownership

MORGAN SINDALL CONSTRUCTION & INFRASTRUCTURE LTD group structure

Morgan Sindall Construction & Infrastructure Ltd has 3 subsidiary companies.

MORGAN SINDALL CONSTRUCTION & INFRASTRUCTURE LTD Shareholders

morgan sindall holdings ltd 100%

morgan sindall construction & infrastructure ltd directors

Morgan Sindall Construction & Infrastructure Ltd currently has 6 directors. The longest serving directors include Mr John Morgan (Dec 2013) and Mr Patrick Boyle (Mar 2014).

officercountryagestartendrole
Mr John Morgan69 years Dec 2013- Director
Mr Patrick BoyleEngland57 years Mar 2014- Director
Mr Simon SmithUnited Kingdom54 years Jun 2017- Director
Mr Mark AtkinsonUnited Kingdom46 years Dec 2020- Director
Mr Oliver Templar-CoatesEngland45 years Sep 2022- Director
Culdip GangotraUnited Kingdom55 years May 2024- Director

P&L

December 2023

turnover

1.7b

+17%

operating profit

42.3m

0%

gross margin

8.6%

-6.16%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

303.1m

0%

total assets

908.9m

+0.12%

cash

77.6m

+0.15%

net assets

Total assets minus all liabilities

morgan sindall construction & infrastructure ltd company details

company number

04273754

Type

Private limited with Share Capital

industry

41201 - Construction of commercial buildings

incorporation date

August 2001

age

24

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

December 2023

previous names

morgan sindall construction & infrastructure limited (January 2016)

morgan sindall plc (December 2015)

See more

accountant

-

auditor

ERNST & YOUNG LLP

address

kent house, 14-17 market place, london, W1W 8AJ

Bank

LLOYDS TSB BANK PLC

Legal Advisor

-

morgan sindall construction & infrastructure ltd 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 2 charges/mortgages relating to morgan sindall construction & infrastructure ltd. Currently there are 0 open charges and 2 have been satisfied in the past.

morgan sindall construction & infrastructure ltd 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 MORGAN SINDALL CONSTRUCTION & INFRASTRUCTURE LTD. This can take several minutes, an email will notify you when this has completed.

morgan sindall construction & infrastructure ltd Companies House Filings - See Documents

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