morgan hunt uk limited
morgan hunt uk limited Company Information
Company Number
04349535
Website
www.morganhunt.comRegistered Address
3rd floor standon house, 21 mansell street, london, E1 8AA
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Telephone
02074198900
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
morgan hunt holdings limited 100%
morgan hunt uk limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN HUNT UK LIMITED at £20.5m based on a Turnover of £48.5m and 0.42x industry multiple (adjusted for size and gross margin).
morgan hunt uk limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN HUNT UK LIMITED at £10.1m based on an EBITDA of £1.4m and a 7.02x industry multiple (adjusted for size and gross margin).
morgan hunt uk limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN HUNT UK LIMITED at £0 based on Net Assets of £-80k and 1.37x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Morgan Hunt Uk Limited Overview
Morgan Hunt Uk Limited is a live company located in london, E1 8AA with a Companies House number of 04349535. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in January 2002, it's largest shareholder is morgan hunt holdings limited with a 100% stake. Morgan Hunt Uk Limited is a mature, large sized company, Pomanda has estimated its turnover at £48.5m with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Morgan Hunt Uk Limited Health Check
Pomanda's financial health check has awarded Morgan Hunt Uk Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £48.5m, make it larger than the average company (£4.8m)
£48.5m - Morgan Hunt Uk Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (5.9%)
- Morgan Hunt Uk Limited
5.9% - Industry AVG
Production
with a gross margin of 25.6%, this company has a comparable cost of product (22%)
25.6% - Morgan Hunt Uk Limited
22% - Industry AVG
Profitability
an operating margin of 2.8% make it less profitable than the average company (3.7%)
2.8% - Morgan Hunt Uk Limited
3.7% - Industry AVG
Employees
with 129 employees, this is above the industry average (33)
129 - Morgan Hunt Uk Limited
33 - Industry AVG
Pay Structure
on an average salary of £62.4k, the company has a higher pay structure (£45.4k)
£62.4k - Morgan Hunt Uk Limited
£45.4k - Industry AVG
Efficiency
resulting in sales per employee of £376.2k, this is more efficient (£126.9k)
£376.2k - Morgan Hunt Uk Limited
£126.9k - Industry AVG
Debtor Days
it gets paid by customers after 52 days, this is later than average (40 days)
52 days - Morgan Hunt Uk Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (5 days)
2 days - Morgan Hunt Uk Limited
5 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Morgan Hunt Uk Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (16 weeks)
3 weeks - Morgan Hunt Uk Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.8%, this is a higher level of debt than the average (62.1%)
100.8% - Morgan Hunt Uk Limited
62.1% - Industry AVG
MORGAN HUNT UK LIMITED financials
Morgan Hunt Uk Limited's latest turnover from March 2024 is £48.5 million and the company has net assets of -£80 thousand. According to their latest financial statements, Morgan Hunt Uk Limited has 129 employees and maintains cash reserves of £564 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 48,528,000 | 50,467,000 | 48,538,000 | 48,246,000 | 60,726,000 | 68,918,931 | 66,602,109 | 77,780,673 | 89,780,339 | 92,376,370 | 80,302,258 | 66,028,237 | 60,914,906 | 71,708,762 | 86,626,021 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 36,087,000 | 37,758,000 | 36,649,000 | 37,683,000 | 46,809,000 | 53,736,413 | 52,714,020 | 63,209,095 | 71,775,770 | 74,092,818 | 65,207,030 | 52,748,621 | 47,983,505 | 57,457,242 | 67,958,004 |
| Gross Profit | 12,441,000 | 12,709,000 | 11,889,000 | 10,563,000 | 13,917,000 | 15,182,518 | 13,888,089 | 14,571,578 | 18,004,569 | 18,283,552 | 15,095,228 | 13,279,616 | 12,931,401 | 14,251,520 | 18,668,017 |
| Admin Expenses | 11,084,000 | 11,367,000 | 10,364,000 | 10,223,000 | 14,376,000 | 14,568,172 | 14,324,137 | 29,436,625 | 16,541,007 | 17,389,397 | 12,442,358 | 11,581,497 | 10,396,457 | 13,496,597 | 16,404,550 |
| Operating Profit | 1,357,000 | 1,342,000 | 1,525,000 | 340,000 | -459,000 | 614,346 | -436,048 | -14,865,047 | 1,463,562 | 894,155 | 2,652,870 | 1,698,119 | 2,534,944 | 754,923 | 2,263,467 |
| Interest Payable | 183,000 | 264,000 | 187,000 | 150,000 | 254,000 | 248,376 | 238,628 | 143,047 | 335,044 | 241,677 | 219,014 | 195,308 | 183,574 | 192,288 | 253,984 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 261 | 2,050 | 4,089 | 15,250 |
| Pre-Tax Profit | 1,174,000 | 1,078,000 | -512,000 | 82,000 | -713,000 | 365,970 | -674,676 | -15,008,094 | 1,128,518 | 652,478 | 2,433,856 | 1,503,072 | 2,353,420 | 566,724 | 2,024,733 |
| Tax | 12,000 | -255,000 | -314,000 | 26,000 | 10,000 | -22,792 | 100,051 | 203,119 | -146,512 | -498,433 | -181,554 | -248,330 | -191,305 | 46,688 | -497,934 |
| Profit After Tax | 1,186,000 | 823,000 | -826,000 | 108,000 | -703,000 | 343,178 | -574,625 | -14,804,975 | 982,006 | 154,045 | 2,252,302 | 1,254,742 | 2,162,115 | 613,412 | 1,526,799 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,186,000 | 823,000 | -826,000 | 108,000 | -703,000 | 343,178 | -574,625 | -14,804,975 | 982,006 | 154,045 | 2,252,302 | 1,254,742 | 2,162,115 | 613,412 | 1,526,799 |
| Employee Costs | 8,049,000 | 8,168,000 | 7,807,000 | 7,341,000 | 9,573,000 | 9,942,334 | 9,532,677 | 10,458,902 | 83,166,414 | 84,918,626 | 74,116,782 | 60,643,736 | 55,365,594 | 66,574,960 | 78,199,609 |
| Number Of Employees | 129 | 126 | 122 | 155 | 207 | 206 | 205 | 219 | 245 | 219 | 179 | 1,785 | 1,635 | 1,986 | 2,062 |
| EBITDA* | 1,436,000 | 1,452,000 | 1,696,000 | 553,000 | -221,000 | 881,639 | -52,429 | -14,608,937 | 1,895,781 | 1,196,784 | 2,931,613 | 2,079,291 | 2,930,940 | 1,212,956 | 2,716,374 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 66,000 | 105,000 | 153,000 | 453,000 | 512,000 | 578,010 | 680,426 | 897,206 | 1,141,357 | 1,251,313 | 363,077 | 452,458 | 458,323 | 665,500 | 852,043 |
| Intangible Assets | 0 | 1,000 | 26,000 | 80,000 | 151,000 | 145,175 | 189,257 | 264,344 | 265,848 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 368,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 66,000 | 106,000 | 179,000 | 533,000 | 1,031,000 | 723,185 | 869,683 | 1,161,550 | 1,407,205 | 1,251,313 | 363,077 | 452,458 | 458,323 | 665,500 | 852,043 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 6,977,000 | 6,444,000 | 7,563,000 | 6,667,000 | 7,986,000 | 9,502,640 | 8,683,314 | 7,410,485 | 10,486,283 | 13,338,489 | 11,316,889 | 8,736,418 | 6,708,448 | 6,781,025 | 9,672,019 |
| Group Debtors | 859,000 | 851,000 | 852,000 | 2,351,000 | 819,000 | 722,696 | 0 | 16,312 | 13,799,433 | 13,304,556 | 13,418,840 | 11,377,038 | 9,667,963 | 7,019,293 | 5,869,927 |
| Misc Debtors | 1,012,000 | 1,503,000 | 1,219,000 | 1,589,000 | 1,332,000 | 1,747,742 | 2,451,743 | 2,833,945 | 2,202,330 | 2,890,807 | 1,220,990 | 1,205,562 | 2,046,259 | 1,996,892 | 2,279,503 |
| Cash | 564,000 | 583,000 | 1,109,000 | 926,000 | 1,956,000 | 565,417 | 574,735 | 533,449 | 1,673,654 | 12,272 | 34,339 | 52,442 | 85,961 | 41,141 | 1,460,416 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 9,412,000 | 9,381,000 | 10,743,000 | 11,533,000 | 12,093,000 | 12,538,495 | 11,709,792 | 10,794,191 | 28,161,700 | 29,546,124 | 25,991,058 | 21,371,460 | 18,508,631 | 15,838,351 | 19,281,865 |
| total assets | 9,478,000 | 9,487,000 | 10,922,000 | 12,066,000 | 13,124,000 | 13,261,680 | 12,579,475 | 11,955,741 | 29,568,905 | 30,797,437 | 26,354,135 | 21,823,918 | 18,966,954 | 16,503,851 | 20,133,908 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 228,000 | 165,000 | 252,000 | 259,000 | 597,000 | 599,806 | 815,818 | 856,538 | 837,264 | 2,216,302 | 361,761 | 639,537 | 943,654 | 1,058,041 | 1,778,402 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 1,500,000 | 0 | 0 | 0 | 0 | 5,500 | 0 | 0 | 0 |
| other short term finances | 4,613,000 | 3,512,000 | 2,845,000 | 2,613,000 | 4,119,000 | 5,293,465 | 5,997,373 | 0 | 7,819,360 | 7,607,782 | 5,767,439 | 4,642,003 | 3,765,480 | 3,361,896 | 4,464,355 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,782 | 3,161 | 4,966 | 24,966 | 22,861 | 34,999 | 39,359 |
| other current liabilities | 4,717,000 | 4,488,000 | 7,032,000 | 7,689,000 | 6,752,000 | 6,536,014 | 5,277,067 | 10,035,361 | 6,531,134 | 7,583,381 | 6,918,553 | 5,457,380 | 4,444,199 | 4,397,409 | 6,770,606 |
| total current liabilities | 9,558,000 | 8,165,000 | 10,129,000 | 10,561,000 | 11,468,000 | 12,429,285 | 13,590,258 | 10,891,899 | 15,194,540 | 17,410,626 | 13,052,719 | 10,769,386 | 9,176,194 | 8,852,345 | 13,052,722 |
| loans | 0 | 2,470,000 | 2,768,000 | 2,659,000 | 3,000,000 | 1,500,000 | 0 | 1,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,548 | 0 | 3,612 | 9,030 | 0 | 22,861 | 65,953 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 118,000 | 114,000 | 109,000 | 27,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 2,588,000 | 2,882,000 | 2,768,000 | 3,027,000 | 1,500,000 | 0 | 1,500,000 | 5,548 | 0 | 3,612 | 9,030 | 0 | 22,861 | 65,953 |
| total liabilities | 9,558,000 | 10,753,000 | 13,011,000 | 13,329,000 | 14,495,000 | 13,929,285 | 13,590,258 | 12,391,899 | 15,200,088 | 17,410,626 | 13,056,331 | 10,778,416 | 9,176,194 | 8,875,206 | 13,118,675 |
| net assets | -80,000 | -1,266,000 | -2,089,000 | -1,263,000 | -1,371,000 | -667,605 | -1,010,783 | -436,158 | 14,368,817 | 13,386,811 | 13,297,804 | 11,045,502 | 9,790,760 | 7,628,645 | 7,015,233 |
| total shareholders funds | -80,000 | -1,266,000 | -2,089,000 | -1,263,000 | -1,371,000 | -667,605 | -1,010,783 | -436,158 | 14,368,817 | 13,386,811 | 13,297,804 | 11,045,502 | 9,790,760 | 7,628,645 | 7,015,233 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 1,357,000 | 1,342,000 | 1,525,000 | 340,000 | -459,000 | 614,346 | -436,048 | -14,865,047 | 1,463,562 | 894,155 | 2,652,870 | 1,698,119 | 2,534,944 | 754,923 | 2,263,467 |
| Depreciation | 78,000 | 85,000 | 117,000 | 132,000 | 133,000 | 145,354 | 224,656 | 256,110 | 432,219 | 302,629 | 278,743 | 381,172 | 395,996 | 458,033 | 452,907 |
| Amortisation | 1,000 | 25,000 | 54,000 | 81,000 | 105,000 | 121,939 | 158,963 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 12,000 | -255,000 | -314,000 | 26,000 | 10,000 | -22,792 | 100,051 | 203,119 | -146,512 | -498,433 | -181,554 | -248,330 | -191,305 | 46,688 | -497,934 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 50,000 | -836,000 | -973,000 | 470,000 | -1,836,078 | 838,021 | 874,315 | -16,227,304 | -3,045,806 | 3,577,133 | 4,637,701 | 2,896,348 | 2,625,460 | -2,024,239 | 17,821,449 |
| Creditors | 63,000 | -87,000 | -7,000 | -338,000 | -2,806 | -216,012 | -40,720 | 19,274 | -1,379,038 | 1,854,541 | -277,776 | -304,117 | -114,387 | -720,361 | 1,778,402 |
| Accruals and Deferred Income | 229,000 | -2,544,000 | -657,000 | 937,000 | 215,986 | 1,258,947 | -4,758,294 | 3,504,227 | -1,052,247 | 664,828 | 1,461,173 | 1,013,181 | 46,790 | -2,373,197 | 6,770,606 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,690,000 | -598,000 | 1,691,000 | 708,000 | 1,838,258 | 1,063,761 | -5,625,707 | 5,344,987 | 2,363,790 | -359,413 | -704,245 | -356,323 | 46,578 | 190,325 | -7,054,001 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | -368,000 | 368,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -1,500,000 | 1,500,000 | 0 | 0 | 0 | -5,500 | 5,500 | 0 | 0 | 0 |
| Other Short Term Loans | 1,101,000 | 667,000 | 232,000 | -1,506,000 | -1,174,465 | -703,908 | 5,997,373 | -7,819,360 | 211,578 | 1,840,343 | 1,125,436 | 876,523 | 403,584 | -1,102,459 | 4,464,355 |
| Long term loans | -2,470,000 | -298,000 | 109,000 | -341,000 | 1,500,000 | 1,500,000 | -1,500,000 | 1,500,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,330 | 9,169 | -5,417 | -25,418 | 11,135 | -34,999 | -47,452 | 105,312 |
| other long term liabilities | -118,000 | 4,000 | 5,000 | 82,000 | 27,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -183,000 | -264,000 | -187,000 | -150,000 | -254,000 | -248,376 | -238,628 | -143,047 | -335,044 | -241,677 | -219,014 | -195,047 | -181,524 | -188,199 | -238,734 |
| cash flow from financing | -1,670,000 | 109,000 | 159,000 | -1,915,000 | 98,140 | -952,284 | 5,758,745 | -6,474,737 | -114,297 | 1,528,211 | 875,504 | 698,111 | 187,061 | -1,338,110 | 9,819,367 |
| cash and cash equivalents | |||||||||||||||
| cash | -19,000 | -526,000 | 183,000 | -1,030,000 | 1,390,583 | -9,318 | 41,286 | -1,140,205 | 1,661,382 | -22,067 | -18,103 | -33,519 | 44,820 | -1,419,275 | 1,460,416 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -19,000 | -526,000 | 183,000 | -1,030,000 | 1,390,583 | -9,318 | 41,286 | -1,140,205 | 1,661,382 | -22,067 | -18,103 | -33,519 | 44,820 | -1,419,275 | 1,460,416 |
morgan hunt uk limited Credit Report and Business Information
Morgan Hunt Uk Limited Competitor Analysis
Perform a competitor analysis for morgan hunt uk limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in E 1 area or any other competitors across 12 key performance metrics.
morgan hunt uk limited Ownership
MORGAN HUNT UK LIMITED group structure
Morgan Hunt Uk Limited has no subsidiary companies.
Ultimate parent company
2 parents
MORGAN HUNT UK LIMITED
04349535
morgan hunt uk limited directors
Morgan Hunt Uk Limited currently has 6 directors. The longest serving directors include Mr Daniel Taylor (Apr 2015) and Mr Darren Montagu (May 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Daniel Taylor | United Kingdom | 53 years | Apr 2015 | - | Director |
| Mr Darren Montagu | United Kingdom | 52 years | May 2019 | - | Director |
| Gillies MacDonald | United Kingdom | 49 years | Jun 2019 | - | Director |
| Ms Clare Keniry | United Kingdom | 51 years | Nov 2019 | - | Director |
| Mr Robert Fry | United Kingdom | 51 years | Jan 2020 | - | Director |
| Mr Keith Widdowson | United Kingdom | 57 years | Jan 2020 | - | Director |
P&L
March 2024turnover
48.5m
-4%
operating profit
1.4m
+1%
gross margin
25.7%
+1.8%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-80k
-0.94%
total assets
9.5m
0%
cash
564k
-0.03%
net assets
Total assets minus all liabilities
morgan hunt uk limited company details
company number
04349535
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
January 2002
age
22
accounts
Full Accounts
ultimate parent company
previous names
morgan hunt public sector limited (April 2011)
morgan hunt temps limited (September 2002)
incorporated
UK
address
3rd floor standon house, 21 mansell street, london, E1 8AA
last accounts submitted
March 2024
morgan hunt uk 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 morgan hunt uk limited. Currently there are 3 open charges and 5 have been satisfied in the past.
morgan hunt uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
