
Company Number
06454468
Next Accounts
May 2025
Shareholders
morston assets three ltd
Group Structure
View All
Industry
Buying and selling of own real estate
Registered Address
325-327 oldfield lane north, greenford, middlesex, UB6 0FX
Website
-Pomanda estimates the enterprise value of MORSTON ASSETS THREE (WIGAN) LIMITED at £263.1k based on a Turnover of £137.5k and 1.91x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MORSTON ASSETS THREE (WIGAN) LIMITED at £0 based on an EBITDA of £-322 and a 4.11x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MORSTON ASSETS THREE (WIGAN) LIMITED at £38.5k based on Net Assets of £25.5k and 1.51x industry multiple (adjusted for liquidity).
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Morston Assets Three (wigan) Limited is a dissolved company that was located in middlesex, UB6 0FX with a Companies House number of 06454468. It operated in the buying and selling of own real estate sector, SIC Code 68100. Founded in December 2007, it's largest shareholder was morston assets three ltd with a 100% stake. The last turnover for Morston Assets Three (wigan) Limited was estimated at £137.5k.
Pomanda's financial health check has awarded Morston Assets Three (Wigan) Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
6 Weak
Size
annual sales of £137.5k, make it smaller than the average company (£633.7k)
- Morston Assets Three (wigan) Limited
£633.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (3.4%)
- Morston Assets Three (wigan) Limited
3.4% - Industry AVG
Production
with a gross margin of 25.3%, this company has a higher cost of product (68%)
- Morston Assets Three (wigan) Limited
68% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (51.3%)
- Morston Assets Three (wigan) Limited
51.3% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Morston Assets Three (wigan) Limited
4 - Industry AVG
Pay Structure
on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)
- Morston Assets Three (wigan) Limited
£35.3k - Industry AVG
Efficiency
resulting in sales per employee of £137.5k, this is less efficient (£201.1k)
- Morston Assets Three (wigan) Limited
£201.1k - Industry AVG
Debtor Days
it gets paid by customers after 67 days, this is later than average (22 days)
- Morston Assets Three (wigan) Limited
22 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Morston Assets Three (wigan) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morston Assets Three (wigan) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Morston Assets Three (wigan) Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Morston Assets Three (wigan) Limited
- - Industry AVG
Morston Assets Three (Wigan) Limited's latest turnover from March 2018 is estimated at £137.5 thousand and the company has net assets of £25.5 thousand. According to their latest financial statements, we estimate that Morston Assets Three (Wigan) Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|
Turnover | 102,978 | 103,917 | 4,366 | ||||||
Other Income Or Grants | |||||||||
Cost Of Sales | 4,554 | -88,903 | 27,385 | 211 | 93,933 | 4,526 | |||
Gross Profit | 98,424 | 192,820 | -23,019 | -211 | -93,933 | -4,526 | |||
Admin Expenses | 13,278 | 2,102 | 22 | 13,320 | |||||
Operating Profit | 85,146 | 190,718 | -23,041 | -13,531 | |||||
Interest Payable | 260 | ||||||||
Interest Receivable | 67 | ||||||||
Pre-Tax Profit | 94,886 | 190,718 | -22,974 | -13,531 | -97,745 | 20,234 | |||
Tax | -19,926 | -43,866 | -498 | -997 | 18,626 | -5,037 | |||
Profit After Tax | 74,960 | 146,852 | -23,472 | -14,528 | -79,119 | 15,197 | |||
Dividends Paid | |||||||||
Retained Profit | 74,960 | 146,852 | -23,472 | -14,528 | -79,119 | 15,197 | |||
Employee Costs | |||||||||
Number Of Employees | |||||||||
EBITDA* | 85,146 | 190,718 | -23,041 | -13,531 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|
Tangible Assets | |||||||||
Intangible Assets | |||||||||
Investments & Other | |||||||||
Debtors (Due After 1 year) | |||||||||
Total Fixed Assets | |||||||||
Stock & work in progress | 1,093,933 | 1,093,933 | 1,000,000 | 1,000,000 | 1,000,000 | 1,093,933 | |||
Trade Debtors | 25,455 | 140,429 | |||||||
Group Debtors | 26,585 | 115,309 | |||||||
Misc Debtors | 324 | 11,465 | 17,001 | 18,626 | |||||
Cash | |||||||||
misc current assets | |||||||||
total current assets | 25,455 | 26,909 | 115,309 | 1,234,362 | 1,093,933 | 1,011,465 | 1,017,001 | 1,018,626 | 1,093,933 |
total assets | 25,455 | 26,909 | 115,309 | 1,234,362 | 1,093,933 | 1,011,465 | 1,017,001 | 1,018,626 | 1,093,933 |
Bank overdraft | |||||||||
Bank loan | |||||||||
Trade Creditors | 1,272 | ||||||||
Group/Directors Accounts | 1,055,261 | 1,016,600 | 1,113,385 | 1,095,449 | 1,077,509 | 1,073,697 | |||
other short term finances | |||||||||
hp & lease commitments | |||||||||
other current liabilities | 1,130 | 88,223 | 57,937 | 32,401 | 5,037 | 5,037 | |||
total current liabilities | 1,130 | 88,223 | 1,114,470 | 1,049,001 | 1,113,385 | 1,095,449 | 1,082,546 | 1,078,734 | |
loans | |||||||||
hp & lease commitments | |||||||||
Accruals and Deferred Income | |||||||||
other liabilities | |||||||||
provisions | |||||||||
total long term liabilities | |||||||||
total liabilities | 1,130 | 88,223 | 1,114,470 | 1,049,001 | 1,113,385 | 1,095,449 | 1,082,546 | 1,078,734 | |
net assets | 25,455 | 25,779 | 27,086 | 119,892 | 44,932 | -101,920 | -78,448 | -63,920 | 15,199 |
total shareholders funds | 25,455 | 25,779 | 27,086 | 119,892 | 44,932 | -101,920 | -78,448 | -63,920 | 15,199 |
Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||
Operating Profit | 85,146 | 190,718 | -23,041 | -13,531 | |||||
Depreciation | |||||||||
Amortisation | |||||||||
Tax | -19,926 | -43,866 | -498 | -997 | 18,626 | -5,037 | |||
Stock | -1,093,933 | 93,933 | -93,933 | 1,093,933 | |||||
Debtors | -1,454 | -88,400 | -25,120 | 140,429 | -11,465 | -5,536 | -1,625 | 18,626 | |
Creditors | -1,272 | 1,272 | |||||||
Accruals and Deferred Income | -1,130 | -87,093 | 30,286 | 25,536 | 32,401 | -5,037 | 5,037 | ||
Deferred Taxes & Provisions | |||||||||
Cash flow from operations | -48,401 | 96,785 | -18,003 | -17,940 | |||||
Investing Activities | |||||||||
capital expenditure | |||||||||
Change in Investments | |||||||||
cash flow from investments | |||||||||
Financing Activities | |||||||||
Bank loans | |||||||||
Group/Directors Accounts | -1,055,261 | 38,661 | -96,785 | 17,936 | 17,940 | 3,812 | 1,073,697 | ||
Other Short Term Loans | |||||||||
Long term loans | |||||||||
Hire Purchase and Lease Commitments | |||||||||
other long term liabilities | |||||||||
share issue | |||||||||
interest | -260 | 67 | |||||||
cash flow from financing | 38,401 | -96,785 | 18,003 | 17,940 | 3,812 | 1,073,699 | |||
cash and cash equivalents | |||||||||
cash | |||||||||
overdraft | |||||||||
change in cash |
Perform a competitor analysis for morston assets three (wigan) limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other undefined companies, companies in UB6 area or any other competitors across 12 key performance metrics.
MORSTON ASSETS THREE (WIGAN) LIMITED group structure
Morston Assets Three (Wigan) Limited has no subsidiary companies.
Ultimate parent company
1 parent
MORSTON ASSETS THREE (WIGAN) LIMITED
06454468
Morston Assets Three (Wigan) Limited currently has 2 directors. The longest serving directors include Mr Thomas Harrison (Jan 2008) and Mr Neil Quinsey (Oct 2013).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Thomas Harrison | United Kingdom | 78 years | Jan 2008 | - | Director |
Mr Neil Quinsey | 50 years | Oct 2013 | - | Director |
P&L
March 2018turnover
137.5k
0%
operating profit
-322
0%
gross margin
25.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
25.5k
-0.01%
total assets
25.5k
-0.05%
cash
0
0%
net assets
Total assets minus all liabilities
company number
06454468
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
December 2007
age
18
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2018
previous names
hallco 1554 limited (August 2012)
accountant
-
auditor
-
address
325-327 oldfield lane north, greenford, middlesex, UB6 0FX
Bank
-
Legal Advisor
-
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 morston assets three (wigan) limited.
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 MORSTON ASSETS THREE (WIGAN) LIMITED. This can take several minutes, an email will notify you when this has completed.
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