Morgans Electrical Ltd

POWER SEARCH PRICING

SOLUTIONS

morgans electrical ltd Company Information

Live

MatureMicroDeclining

Company Number

05624597

Next Accounts

Aug 2025

Industry

Electrical installation

Other construction installation

Directors

Peter Morgan

Shareholders

peter morgan

pene morgan

Group Structure

View All

Contact

Registered Address

7 brittons close, sharnbrook, bedford, MK44 1PW

Website

www.morganselectrical.com

morgans electrical ltd Estimated Valuation

£109.3k

Pomanda estimates the enterprise value of MORGANS ELECTRICAL LTD at £109.3k based on a Turnover of £298.3k and 0.37x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Morgans Electrical Ltd is a live company located in bedford, MK44 1PW with a Companies House number of 05624597. It operates in the electrical installation sector, SIC Code 43210. Founded in November 2005, it's largest shareholder is peter morgan with a 66.7% stake. Morgans Electrical Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £298.3k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Morgans Electrical Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Rating1out of 5

1 Strong

1 Regular

8 Weak

Size

annual sales of £298.3k, make it smaller than the average company (£1.5m)

Growth

3 year (CAGR) sales growth of -3%, show it is growing at a slower rate (8.4%)

EXPORT

Morgans Electrical Ltd's latest turnover from November 2023 is estimated at £298.3 thousand and the company has net assets of £27.7 thousand. According to their latest financial statements, Morgans Electrical Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Turnover	298,329	271,236	222,193	326,317	306,189	292,984	294,709	333,300	152,388	126,330	136,538	45,333	163,640	109,181	75,284
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	249,571	226,349	187,983	269,854	253,157	242,168	243,327	273,123	124,712	104,131	112,352	36,904	132,726	69,510	35,796
Gross Profit	48,759	44,887	34,211	56,463	53,032	50,816	51,382	60,177	27,676	22,199	24,187	8,429	30,914	39,671	39,488
Admin Expenses	46,150	43,292	33,892	56,871	42,970	50,705	49,313	88,017	-410	-2,726	28,436	28,689	-2,210	38,970	24,332
Operating Profit	2,609	1,595	319	-408	10,062	111	2,069	-27,840	28,086	24,925	-4,249	-20,260	33,124	701	15,156
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	369	789	668
Interest Receivable	0	0	0	0	0	0	0	43	182	196	127	98	77	8	0
Pre-Tax Profit	2,609	1,595	319	-408	10,062	111	2,069	-27,797	28,269	25,122	-4,122	-20,162	32,832	-80	14,488
Tax	-652	-303	-61	0	-1,912	-21	-393	0	-5,654	-5,276	0	0	-8,536	0	4
Profit After Tax	1,957	1,292	258	-408	8,150	90	1,676	-27,797	22,615	19,846	-4,122	-20,162	24,296	-80	14,492
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	7,500	4,000
Retained Profit	1,957	1,292	258	-408	8,150	90	1,676	-27,797	22,615	19,846	-4,122	-20,162	24,296	-7,580	10,492
Employee Costs	129,126	122,158	158,416	232,910	245,039	242,987	223,605	75,565	37,678	36,786	35,534	34,762	35,208	34,778	0
Number Of Employees	3	3	4	6	6	6	6	2	1	1	1	1	1	1	0
EBITDA*	2,609	1,595	319	-408	10,062	111	2,069	-27,840	32,823	27,712	-533	-15,389	38,488	4,801	21,023

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Tangible Assets	15,314	20,422	27,229	11,910	11,446	10,202	13,645	20,332	15,475	8,361	11,148	14,614	16,090	5,102	6,005
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	2,400
Investments & Other	0	0	0	0	0	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	15,314	20,422	27,229	11,910	11,446	10,202	13,645	20,332	15,475	8,361	11,148	14,614	16,090	5,102	8,405
Stock & work in progress	0	0	0	0	0	0	0	0	13,125	5,101	2,230	2,500	4,791	1,987	1,500
Trade Debtors	82,001	77,106	60,983	87,750	67,793	59,155	58,909	78,391	33,859	23,667	20,886	8,832	46,658	8,089	10,115
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0	2,482	0
Cash	0	0	0	0	0	0	0	0	34,380	38,593	39,968	10,713	28,326	2,478	9,885
misc current assets	0	0	0	0	0	0	0	3,138	0	0	0	0	0	0	0
total current assets	82,001	77,106	60,983	87,750	67,793	59,155	58,909	81,529	81,364	67,361	63,084	22,045	79,775	15,036	21,500
total assets	97,315	97,528	88,212	99,660	79,239	69,357	72,554	101,861	96,839	75,722	74,232	36,659	95,865	20,138	29,905
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	3,842	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	61,663	58,721	45,399	51,688	53,370	49,494	49,357	75,259	44,998	52,662	65,642	18,196	44,817	6,740	7,442
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	680	2,706
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	1,353	10,474
total current liabilities	61,663	58,721	45,399	51,688	53,370	49,494	49,357	75,259	44,998	52,662	65,642	18,196	44,817	12,615	20,622
loans	0	0	0	0	0	0	0	0	0	0	0	0	0	7,500	0
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	680
Accruals and Deferred Income	450	650	850	850	850	850	850	1,097	0	0	0	0	0	0	0
other liabilities	7,490	12,402	17,500	22,917	406	2,550	5,974	10,808	6,250	1,701	6,562	11,672	23,867	0	1,000
provisions	0	0	0	0	0	0	0	0	3,095	1,478	1,993	2,634	2,862	0	0
total long term liabilities	7,940	13,052	18,350	23,767	1,256	3,400	6,824	11,905	9,345	3,179	8,555	14,306	26,729	7,500	1,680
total liabilities	69,603	71,773	63,749	75,455	54,626	52,894	56,181	87,164	54,343	55,841	74,197	32,502	71,546	20,115	22,302
net assets	27,712	25,755	24,463	24,205	24,613	16,463	16,373	14,697	42,496	19,881	35	4,157	24,319	23	7,603
total shareholders funds	27,712	25,755	24,463	24,205	24,613	16,463	16,373	14,697	42,496	19,881	35	4,157	24,319	23	7,603

	Nov 2023	Nov 2022	Nov 2021	Nov 2020	Nov 2019	Nov 2018	Nov 2017	Nov 2016	Nov 2015	Nov 2014	Nov 2013	Nov 2012	Nov 2011	Nov 2010	Nov 2009
Operating Activities
Operating Profit	2,609	1,595	319	-408	10,062	111	2,069	-27,840	28,086	24,925	-4,249	-20,260	33,124	701	15,156
Depreciation	0	0	0	0	0	0	0	0	4,737	2,787	3,716	4,871	5,364	1,700	3,467
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	2,400	2,400
Tax	-652	-303	-61	0	-1,912	-21	-393	0	-5,654	-5,276	0	0	-8,536	0	4
Stock	0	0	0	0	0	0	0	-13,125	8,024	2,871	-270	-2,291	2,804	487	1,500
Debtors	4,895	16,123	-26,767	19,957	8,638	246	-19,482	44,532	10,192	2,781	12,054	-37,826	36,087	456	10,115
Creditors	2,942	13,322	-6,289	-1,682	3,876	137	-25,902	30,261	-7,664	-12,980	47,446	-26,621	38,077	-702	7,442
Accruals and Deferred Income	-200	-200	0	0	0	0	-247	1,097	0	0	0	0	-1,353	-9,121	10,474
Deferred Taxes & Provisions	0	0	0	0	0	0	0	-3,095	1,617	-515	-641	-228	2,862	0	0
Cash flow from operations	-196	-1,709	20,736	-22,047	3,388	-19	-4,991	-30,984	2,906	3,289	34,488	-2,121	30,647	-5,965	27,328
Investing Activities
capital expenditure	5,108	6,807	-15,319	-464	-1,244	3,443	6,687	-4,857	-11,851	0	-250	-3,395	-16,352	-797	-14,272
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	5,108	6,807	-15,319	-464	-1,244	3,443	6,687	-4,857	-11,851	0	-250	-3,395	-16,352	-797	-14,272
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	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long term loans	0	0	0	0	0	0	0	0	0	0	0	0	-7,500	7,500	0
Hire Purchase and Lease Commitments	0	0	0	0	0	0	0	0	0	0	0	0	-680	-2,706	3,386
other long term liabilities	-4,912	-5,098	-5,417	22,511	-2,144	-3,424	-4,834	4,558	4,549	-4,861	-5,110	-12,195	23,867	-1,000	1,000
share issue	0	0	0	0	0	0	0	-2	0	0	0	0	0	0	-2,889
interest	0	0	0	0	0	0	0	43	182	196	127	98	-292	-781	-668
cash flow from financing	-4,912	-5,098	-5,417	22,511	-2,144	-3,424	-4,834	4,599	4,731	-4,665	-4,983	-12,097	15,395	3,013	829
cash and cash equivalents
cash	0	0	0	0	0	0	0	-34,380	-4,213	-1,375	29,255	-17,613	25,848	-7,407	9,885
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	-3,842	3,842	0
change in cash	0	0	0	0	0	0	0	-34,380	-4,213	-1,375	29,255	-17,613	29,690	-11,249	9,885

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for morgans electrical ltd. Get real-time insights into morgans electrical ltd's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for morgans electrical ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in MK44 area or any other competitors across 12 key performance metrics.

MORGANS ELECTRICAL LTD group structure

Morgans Electrical Ltd has no subsidiary companies.

Ultimate parent company

MORGANS ELECTRICAL LTD

05624597

MORGANS ELECTRICAL LTD Shareholders

peter morgan	66.67%
pene morgan	33.33%

Morgans Electrical Ltd currently has 1 director, Mr Peter Morgan serving since Nov 2005.

officer	country	age	start	end	role
Mr Peter Morgan		56 years	Nov 2005	-	Director

P&L

November 2023

turnover

298.3k

+10%

operating profit

2.6k

gross margin

16.4%

-1.24%

turnover

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

Balance Sheet

November 2023

net assets

27.7k

+0.08%

total assets

97.3k

cash

net assets

Total assets minus all liabilities

Similar Companies

pure site solutions limited

erneston & hpender el limited

mcallister av limited

1.5

capital electrical contracting ltd

neville design & build ltd

company number

05624597

Type

Private limited with Share Capital

industry

43210 - Electrical installation

43290 - Other construction installation

incorporation date

November 2005

ultimate parent company

None

previous names

plm power ltd (August 2008)

address

7 brittons close, sharnbrook, bedford, MK44 1PW

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 did not find charges/mortgages relating to morgans electrical ltd.

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 MORGANS ELECTRICAL LTD. This can take several minutes, an email will notify you when this has completed.

morgans electrical ltd Company Information

morgans electrical ltd Estimated Valuation

morgans electrical ltd Estimated Valuation

morgans electrical ltd Estimated Valuation

Morgans Electrical Ltd Overview

Morgans Electrical Ltd Health Check

MORGANS ELECTRICAL LTD financials

morgans electrical ltd Credit Report and Business Information

Morgans Electrical Ltd Competitor Analysis

morgans electrical ltd Ownership

morgans electrical ltd directors

morgans electrical ltd company details

morgans electrical ltd Charges & Mortgages

morgans electrical ltd Capital Raised & Share Issues BETA

morgans electrical ltd Companies House Filings - See Documents