morro land limited

Live EstablishedSmallDeclining

morro land limited Company Information

Share MORRO LAND LIMITED

Company Number

06248162

Directors

Clive Jessup

Matthew Moore

View All

Shareholders

morro group limited

Group Structure

View All

Industry

Other construction installation

 +1

Registered Address

jessup house, station court, girton road, cannock, staffordshire, WS11 0EJ

morro land limited Estimated Valuation

£314.5k

Pomanda estimates the enterprise value of MORRO LAND LIMITED at £314.5k based on a Turnover of £1m and 0.31x industry multiple (adjusted for size and gross margin).

morro land limited Estimated Valuation

£269.4k

Pomanda estimates the enterprise value of MORRO LAND LIMITED at £269.4k based on an EBITDA of £99k and a 2.72x industry multiple (adjusted for size and gross margin).

morro land limited Estimated Valuation

£1.7m

Pomanda estimates the enterprise value of MORRO LAND LIMITED at £1.7m based on Net Assets of £738.5k and 2.24x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Morro Land Limited Overview

Morro Land Limited is a live company located in cannock, WS11 0EJ with a Companies House number of 06248162. It operates in the development of building projects sector, SIC Code 41100. Founded in May 2007, it's largest shareholder is morro group limited with a 100% stake. Morro Land Limited is a established, small sized company, Pomanda has estimated its turnover at £1m with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Morro Land Limited Health Check

Pomanda's financial health check has awarded Morro Land Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £1m, make it smaller than the average company (£1.6m)

£1m - Morro Land Limited

£1.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -10%, show it is growing at a slower rate (9%)

-10% - Morro Land Limited

9% - Industry AVG

production

Production

with a gross margin of 9.9%, this company has a higher cost of product (27.2%)

9.9% - Morro Land Limited

27.2% - Industry AVG

profitability

Profitability

an operating margin of 9.9% make it more profitable than the average company (7.1%)

9.9% - Morro Land Limited

7.1% - Industry AVG

employees

Employees

with 4 employees, this is below the industry average (7)

4 - Morro Land Limited

7 - Industry AVG

paystructure

Pay Structure

on an average salary of £45.4k, the company has an equivalent pay structure (£45.4k)

£45.4k - Morro Land Limited

£45.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £250.2k, this is equally as efficient (£226.1k)

£250.2k - Morro Land Limited

£226.1k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Morro Land Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Morro Land Limited

- - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 672 days, this is more than average (109 days)

672 days - Morro Land Limited

109 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (18 weeks)

1 weeks - Morro Land Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 56.2%, this is a lower level of debt than the average (66.7%)

56.2% - Morro Land Limited

66.7% - Industry AVG

MORRO LAND LIMITED financials

EXPORTms excel logo

Morro Land Limited's latest turnover from March 2024 is £1 million and the company has net assets of £738.5 thousand. According to their latest financial statements, Morro Land Limited has 4 employees and maintains cash reserves of £24.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012May 2011May 2010
Turnover1,000,8454,800,4184,182,9531,368,338631,018213,757
Other Income Or Grants
Cost Of Sales901,7834,340,3024,155,4071,008,610457,069153,880
Gross Profit99,062460,11627,546359,729173,94959,877
Admin Expenses19-551,745161,636176,69059,877
Operating Profit99,043460,17125,801198,093-2,741
Interest Payable86
Interest Receivable51016595
Pre-Tax Profit99,553460,08525,801198,258-2,646
Tax-4,902-37,669
Profit After Tax99,553460,08520,899160,589-2,646
Dividends Paid
Retained Profit99,553460,08520,899160,589-2,646
Employee Costs181,643172,984126,920122,93042,28341,492
Number Of Employees443311
EBITDA*99,043460,17125,801198,093-2,741

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012May 2011May 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress1,662,2511,394,5602,925,9111,465,278
Trade Debtors11
Group Debtors
Misc Debtors10,163320,791320,791118,000
Cash24,29222,51521,646141,262189,2192
misc current assets
total current assets1,686,5431,427,238342,4483,387,9641,772,4972
total assets1,686,5431,427,238342,4483,387,9641,772,4972
Bank overdraft
Bank loan
Trade Creditors 941,1473,156
Group/Directors Accounts946,214778,085149,9383,187,0241,767,185
other short term finances
hp & lease commitments4,800
other current liabilities1,84710,22413,57241,848
total current liabilities948,061788,309163,6043,230,0191,775,141
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities948,061788,309163,6043,230,0191,775,141
net assets738,482638,929178,844157,945-2,6442
total shareholders funds738,482638,929178,844157,945-2,6442
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012May 2011May 2010
Operating Activities
Operating Profit99,043460,17125,801198,093-2,741
Depreciation
Amortisation
Tax-4,902-37,669
Stock267,6911,394,560-2,925,9111,460,6331,465,278
Debtors-10,163-310,63911202,791118,000
Creditors-94-1,053-2,0093,156
Accruals and Deferred Income-8,377-3,348-28,27641,848
Deferred Taxes & Provisions
Cash flow from operations-166,862-627,1922,917,470-1,463,161-1,582,863
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts168,129628,147-3,037,0861,419,8391,767,185
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments-4,8004,800
other long term liabilities
share issue2
interest510-8616595
cash flow from financing168,639628,061-3,037,0861,415,2041,772,0802
cash and cash equivalents
cash1,777869-119,616-47,957189,2172
overdraft
change in cash1,777869-119,616-47,957189,2172

morro land 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 morro land limited. Get real-time insights into morro land limited'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

Morro Land Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for morro land limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in WS11 area or any other competitors across 12 key performance metrics.

morro land limited Ownership

MORRO LAND LIMITED group structure

Morro Land Limited has no subsidiary companies.

Ultimate parent company

2 parents

MORRO LAND LIMITED

06248162

MORRO LAND LIMITED Shareholders

morro group limited 100%

morro land limited directors

Morro Land Limited currently has 3 directors. The longest serving directors include Mr Clive Jessup (May 2007) and Mr Matthew Moore (Mar 2022).

officercountryagestartendrole
Mr Clive JessupEngland59 years May 2007- Director
Mr Matthew MooreUnited Kingdom50 years Mar 2022- Director
Mr Thomas GoldsworthyUnited Kingdom35 years Sep 2022- Director

P&L

March 2024

turnover

1m

-79%

operating profit

99k

-78%

gross margin

9.9%

+3.26%

turnover

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

Balance Sheet

March 2024

net assets

738.5k

+0.16%

total assets

1.7m

+0.18%

cash

24.3k

+0.08%

net assets

Total assets minus all liabilities

Similar Companies

Similar companies unavailable for this selection

morro land limited company details

company number

06248162

Type

Private limited with Share Capital

industry

43290 - Other construction installation

41100 - Development of building projects

incorporation date

May 2007

age

18

incorporated

UK

ultimate parent company

accounts

Small Company

last accounts submitted

March 2024

previous names

jessup land limited (October 2023)

jessup renovations limited (November 2019)

accountant

-

auditor

RSM UK AUDIT LLP

address

jessup house, station court, girton road, cannock, staffordshire, WS11 0EJ

Bank

-

Legal Advisor

-

morro land 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 morro land limited. Currently there are 1 open charges and 0 have been satisfied in the past.

morro land 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 MORRO LAND LIMITED. This can take several minutes, an email will notify you when this has completed.

morro land limited Companies House Filings - See Documents

datedescriptionview/download