morgan sindall property services limited
morgan sindall property services limited Company Information
Company Number
04415196
Next Accounts
Sep 2025
Shareholders
morgan sindall group plc
Group Structure
View All
Industry
Other business support service activities n.e.c.
+1Registered Address
kent house 14-17 market place, london, W1W 8AJ
Website
http://lovell.co.ukmorgan sindall property services limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN SINDALL PROPERTY SERVICES LIMITED at £299.2m based on a Turnover of £185.2m and 1.62x industry multiple (adjusted for size and gross margin).
morgan sindall property services limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN SINDALL PROPERTY SERVICES LIMITED at £0 based on an EBITDA of £-14.2m and a 5.57x industry multiple (adjusted for size and gross margin).
morgan sindall property services limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN SINDALL PROPERTY SERVICES LIMITED at £20.2m based on Net Assets of £10.2m and 1.98x industry multiple (adjusted for liquidity).
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Morgan Sindall Property Services Limited Overview
Morgan Sindall Property Services Limited is a live company located in london, W1W 8AJ with a Companies House number of 04415196. It operates in the management of real estate on a fee or contract basis sector, SIC Code 68320. Founded in April 2002, it's largest shareholder is morgan sindall group plc with a 100% stake. Morgan Sindall Property Services Limited is a mature, mega sized company, Pomanda has estimated its turnover at £185.2m with high growth in recent years.
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Morgan Sindall Property Services Limited Health Check
Pomanda's financial health check has awarded Morgan Sindall Property Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 6 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
6 Weak
Size
annual sales of £185.2m, make it larger than the average company (£2.6m)
£185.2m - Morgan Sindall Property Services Limited
£2.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (5.6%)
18% - Morgan Sindall Property Services Limited
5.6% - Industry AVG
Production
with a gross margin of -4.5%, this company has a higher cost of product (53.5%)
-4.5% - Morgan Sindall Property Services Limited
53.5% - Industry AVG
Profitability
an operating margin of -10.7% make it less profitable than the average company (6.1%)
-10.7% - Morgan Sindall Property Services Limited
6.1% - Industry AVG
Employees
with 1103 employees, this is above the industry average (17)
1103 - Morgan Sindall Property Services Limited
17 - Industry AVG
Pay Structure
on an average salary of £48.2k, the company has an equivalent pay structure (£48.3k)
£48.2k - Morgan Sindall Property Services Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £167.9k, this is more efficient (£136.9k)
£167.9k - Morgan Sindall Property Services Limited
£136.9k - Industry AVG
Debtor Days
it gets paid by customers after 187 days, this is later than average (46 days)
187 days - Morgan Sindall Property Services Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (31 days)
18 days - Morgan Sindall Property Services Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (24 days)
1 days - Morgan Sindall Property Services Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (34 weeks)
0 weeks - Morgan Sindall Property Services Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.3%, this is a higher level of debt than the average (59.9%)
91.3% - Morgan Sindall Property Services Limited
59.9% - Industry AVG
MORGAN SINDALL PROPERTY SERVICES LIMITED financials
Morgan Sindall Property Services Limited's latest turnover from December 2023 is £185.2 million and the company has net assets of £10.2 million. According to their latest financial statements, Morgan Sindall Property Services Limited has 1,103 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 185,171,000 | 163,467,000 | 133,762,000 | 111,733,000 | 115,277,000 | 99,851,000 | 66,229,000 | 54,815,000 | 7,554,000 | 4,367,000 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 193,541,000 | 151,801,000 | 121,908,000 | 102,405,000 | 104,172,000 | 90,832,000 | 61,189,000 | 50,328,000 | 6,319,000 | 3,133,000 | |||||
| Gross Profit | -8,370,000 | 11,666,000 | 11,854,000 | 9,328,000 | 11,105,000 | 9,019,000 | 5,040,000 | 4,487,000 | 1,235,000 | 1,234,000 | |||||
| Admin Expenses | 11,371,000 | 9,347,000 | 9,273,000 | 9,574,000 | 8,071,000 | 8,030,000 | 6,959,000 | 3,825,000 | |||||||
| Operating Profit | -19,741,000 | 2,319,000 | 2,581,000 | -246,000 | 3,034,000 | 989,000 | -1,919,000 | 662,000 | 1,235,000 | 1,234,000 | |||||
| Interest Payable | 3,546,000 | 1,064,000 | 529,000 | 471,000 | 556,000 | 368,000 | 102,000 | 38,000 | |||||||
| Interest Receivable | 28,000 | 8,000 | 7,000 | 9,000 | 12,000 | 9,000 | 8,000 | ||||||||
| Pre-Tax Profit | -23,259,000 | 1,263,000 | 2,052,000 | -710,000 | 2,487,000 | 633,000 | -2,021,000 | 624,000 | 1,244,000 | 1,242,000 | |||||
| Tax | 5,454,000 | -232,000 | -275,000 | 168,000 | -378,000 | -80,000 | 354,000 | -125,000 | -245,000 | -268,000 | |||||
| Profit After Tax | -17,805,000 | 1,031,000 | 1,777,000 | -542,000 | 2,109,000 | 553,000 | -1,667,000 | 499,000 | 999,000 | 974,000 | |||||
| Dividends Paid | 4,800,000 | ||||||||||||||
| Retained Profit | -17,805,000 | 1,031,000 | 1,777,000 | -542,000 | 2,109,000 | 553,000 | -1,667,000 | 499,000 | -3,801,000 | 974,000 | |||||
| Employee Costs | 53,126,000 | 43,429,000 | 35,403,000 | 32,289,000 | 32,524,000 | 26,217,000 | 22,063,000 | 18,195,000 | |||||||
| Number Of Employees | 1,103 | 951 | 786 | 759 | 785 | 634 | 626 | 615 | |||||||
| EBITDA* | -14,224,000 | 5,793,000 | 5,117,000 | 2,038,000 | 5,876,000 | 3,291,000 | -1,173,000 | 821,000 | 1,373,000 | 1,372,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 10,364,000 | 8,234,000 | 4,508,000 | 4,669,000 | 6,772,000 | 3,911,000 | 298,000 | 435,000 | 573,000 | 711,000 | |||||
| Intangible Assets | 802,000 | 3,338,000 | 4,087,000 | 4,190,000 | 3,892,000 | 2,412,000 | 1,784,000 | 2,363,000 | |||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 460,000 | 498,000 | 253,000 | 262,000 | 230,000 | 64,000 | |||||||||
| Total Fixed Assets | 11,626,000 | 11,074,000 | 8,342,000 | 8,597,000 | 10,434,000 | 6,323,000 | 2,082,000 | 2,798,000 | 573,000 | 711,000 | |||||
| Stock & work in progress | 984,000 | 1,329,000 | 571,000 | 354,000 | 510,000 | 408,000 | |||||||||
| Trade Debtors | 95,305,000 | 84,303,000 | 57,510,000 | 7,471,000 | 3,056,000 | 3,144,000 | 3,436,000 | 3,867,000 | 1,961,000 | 507,000 | |||||
| Group Debtors | 262,000 | 93,000 | 967,000 | 967,000 | 14,967,000 | 558,000 | 59,000 | 3,100,000 | |||||||
| Misc Debtors | 8,037,000 | 3,002,000 | 2,192,000 | 2,193,000 | 1,595,000 | 970,000 | 325,000 | 9,934,000 | 989,000 | 198,000 | |||||
| Cash | 1,048,000 | 698,000 | 482,000 | 32,000 | 1,022,000 | 2,200,000 | |||||||||
| misc current assets | 28,777,000 | 28,383,000 | 23,342,000 | 335,000 | |||||||||||
| total current assets | 105,636,000 | 89,332,000 | 60,848,000 | 39,127,000 | 34,511,000 | 28,831,000 | 19,063,000 | 14,391,000 | 4,031,000 | 6,005,000 | |||||
| total assets | 117,262,000 | 100,406,000 | 69,190,000 | 47,724,000 | 44,945,000 | 35,154,000 | 21,145,000 | 17,189,000 | 4,604,000 | 6,716,000 | |||||
| Bank overdraft | 18,447,000 | 17,579,000 | 15,510,000 | 13,995,000 | 13,273,000 | 9,771,000 | 859,000 | ||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 9,792,000 | 5,185,000 | 5,950,000 | 7,785,000 | 5,225,000 | 4,663,000 | 6,748,000 | 4,260,000 | 287,000 | 170,000 | |||||
| Group/Directors Accounts | 40,263,000 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | 3,227,000 | 1,569,000 | 561,000 | 559,000 | 1,099,000 | 1,085,000 | |||||||||
| other current liabilities | 28,305,000 | 42,835,000 | 17,034,000 | 16,922,000 | 15,042,000 | 13,783,000 | 7,383,000 | 5,089,000 | 1,612,000 | 874,000 | |||||
| total current liabilities | 100,034,000 | 67,168,000 | 39,055,000 | 39,261,000 | 34,639,000 | 29,302,000 | 14,990,000 | 9,349,000 | 1,899,000 | 1,044,000 | |||||
| loans | 10,440,000 | 6,296,000 | 6,506,000 | 9,108,000 | 4,418,000 | ||||||||||
| hp & lease commitments | 7,015,000 | 5,220,000 | 3,148,000 | 3,253,000 | 4,554,000 | 2,209,000 | |||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 124,000 | 160,000 | 146,000 | 206,000 | |||||||||||
| total long term liabilities | 7,015,000 | 5,220,000 | 3,148,000 | 3,253,000 | 4,554,000 | 2,209,000 | 62,000 | 80,000 | 73,000 | 103,000 | |||||
| total liabilities | 107,049,000 | 72,388,000 | 42,203,000 | 42,514,000 | 39,193,000 | 31,511,000 | 15,052,000 | 9,429,000 | 1,972,000 | 1,147,000 | |||||
| net assets | 10,213,000 | 28,018,000 | 26,987,000 | 5,210,000 | 5,752,000 | 3,643,000 | 6,093,000 | 7,760,000 | 2,632,000 | 5,569,000 | |||||
| total shareholders funds | 10,213,000 | 28,018,000 | 26,987,000 | 5,210,000 | 5,752,000 | 3,643,000 | 6,093,000 | 7,760,000 | 2,632,000 | 5,569,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -19,741,000 | 2,319,000 | 2,581,000 | -246,000 | 3,034,000 | 989,000 | -1,919,000 | 662,000 | 1,235,000 | 1,234,000 | |||||
| Depreciation | 2,620,000 | 1,490,000 | 1,031,000 | 1,031,000 | 1,614,000 | 1,304,000 | 137,000 | 138,000 | 138,000 | 138,000 | |||||
| Amortisation | 2,897,000 | 1,984,000 | 1,505,000 | 1,253,000 | 1,228,000 | 998,000 | 609,000 | 21,000 | |||||||
| Tax | 5,454,000 | -232,000 | -275,000 | 168,000 | -378,000 | -80,000 | 354,000 | -125,000 | -245,000 | -268,000 | |||||
| Stock | -345,000 | 758,000 | 217,000 | -156,000 | 102,000 | 408,000 | |||||||||
| Debtors | 16,261,000 | 27,755,000 | 50,122,000 | 4,078,000 | 703,000 | -13,583,000 | 4,369,000 | 11,350,000 | -796,000 | 3,805,000 | |||||
| Creditors | 4,607,000 | -765,000 | -1,835,000 | 2,560,000 | 562,000 | -2,085,000 | 2,488,000 | 3,973,000 | 117,000 | 170,000 | |||||
| Accruals and Deferred Income | -14,530,000 | 25,801,000 | 112,000 | 1,880,000 | 1,259,000 | 6,400,000 | 2,294,000 | 3,477,000 | 738,000 | 874,000 | |||||
| Deferred Taxes & Provisions | -124,000 | -36,000 | 14,000 | -60,000 | 206,000 | ||||||||||
| Cash flow from operations | -34,609,000 | 2,084,000 | -47,220,000 | 2,724,000 | 6,514,000 | 20,577,000 | -442,000 | -3,190,000 | 2,719,000 | -1,451,000 | |||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 40,263,000 | ||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -10,440,000 | 4,144,000 | -210,000 | -2,602,000 | 4,690,000 | 4,418,000 | |||||||||
| Hire Purchase and Lease Commitments | 3,453,000 | 3,080,000 | -103,000 | -1,841,000 | 2,359,000 | 3,294,000 | |||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -3,518,000 | -1,056,000 | -529,000 | -464,000 | -547,000 | -356,000 | -102,000 | -38,000 | 9,000 | 8,000 | |||||
| cash flow from financing | 29,758,000 | 6,168,000 | 19,158,000 | -4,907,000 | 6,502,000 | 4,353,000 | -102,000 | 4,591,000 | 873,000 | 4,603,000 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | 350,000 | 216,000 | 482,000 | -32,000 | -990,000 | -1,178,000 | 2,200,000 | ||||||||
| overdraft | 868,000 | 2,069,000 | 1,515,000 | 722,000 | 3,502,000 | 8,912,000 | 859,000 | ||||||||
| change in cash | -518,000 | -1,853,000 | -1,033,000 | -722,000 | -3,502,000 | -8,912,000 | -891,000 | -990,000 | -1,178,000 | 2,200,000 |
morgan sindall property services limited Credit Report and Business Information
Morgan Sindall Property Services Limited Competitor Analysis
Perform a competitor analysis for morgan sindall property services limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other mega companies, companies in W 1 area or any other competitors across 12 key performance metrics.
morgan sindall property services limited Ownership
MORGAN SINDALL PROPERTY SERVICES LIMITED group structure
Morgan Sindall Property Services Limited has 3 subsidiary companies.
Ultimate parent company
1 parent
MORGAN SINDALL PROPERTY SERVICES LIMITED
04415196
3 subsidiaries
morgan sindall property services limited directors
Morgan Sindall Property Services Limited currently has 7 directors. The longest serving directors include Mr John Morgan (Dec 2013) and Ms Natasha Kyriakou (Feb 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Morgan | 69 years | Dec 2013 | - | Director | |
| Ms Natasha Kyriakou | United Kingdom | 44 years | Feb 2022 | - | Director |
| Mr Patrick Boyle | England | 57 years | Apr 2023 | - | Director |
| Mr Simon Butler | United Kingdom | 47 years | Sep 2023 | - | Director |
| Mr Darren Eaton | 52 years | Sep 2023 | - | Director | |
| Ms Joanne Jamieson | 49 years | Apr 2024 | - | Director | |
| Culdip Gangotra | United Kingdom | 55 years | May 2024 | - | Director |
P&L
December 2023turnover
185.2m
+13%
operating profit
-19.7m
-951%
gross margin
-4.5%
-163.34%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
10.2m
-0.64%
total assets
117.3m
+0.17%
cash
1m
+0.5%
net assets
Total assets minus all liabilities
morgan sindall property services limited company details
company number
04415196
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
68320 - Management of real estate on a fee or contract basis
incorporation date
April 2002
age
23
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
lovell respond limited (November 2014)
bms property care limited (April 2009)
accountant
-
auditor
ERNST & YOUNG LLP
address
kent house 14-17 market place, london, W1W 8AJ
Bank
-
Legal Advisor
-
morgan sindall property services 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 1 charges/mortgages relating to morgan sindall property services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
morgan sindall property services 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 MORGAN SINDALL PROPERTY SERVICES LIMITED. This can take several minutes, an email will notify you when this has completed.
morgan sindall property services limited Companies House Filings - See Documents
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