morston assets three (wigan) limited

Dissolved 

morston assets three (wigan) limited Company Information

Share MORSTON ASSETS THREE (WIGAN) LIMITED

Company Number

06454468

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

-

morston assets three (wigan) limited Estimated Valuation

£263.1k

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).

morston assets three (wigan) limited Estimated Valuation

£0

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).

morston assets three (wigan) limited Estimated Valuation

£38.5k

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 Overview

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.

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Morston Assets Three (wigan) Limited Health Check

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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £137.5k, make it smaller than the average company (£633.7k)

£137.5k - Morston Assets Three (wigan) Limited

£633.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (3.4%)

10% - Morston Assets Three (wigan) Limited

3.4% - Industry AVG

production

Production

with a gross margin of 25.3%, this company has a higher cost of product (68%)

25.3% - Morston Assets Three (wigan) Limited

68% - Industry AVG

profitability

Profitability

an operating margin of -0.2% make it less profitable than the average company (51.3%)

-0.2% - Morston Assets Three (wigan) Limited

51.3% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (4)

1 - Morston Assets Three (wigan) Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)

£35.3k - Morston Assets Three (wigan) Limited

£35.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £137.5k, this is less efficient (£201.1k)

£137.5k - Morston Assets Three (wigan) Limited

£201.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (22 days)

67 days - Morston Assets Three (wigan) Limited

22 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Morston Assets Three (wigan) Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Morston Assets Three (wigan) Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Morston Assets Three (wigan) Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Morston Assets Three (wigan) Limited

- - Industry AVG

MORSTON ASSETS THREE (WIGAN) LIMITED financials

EXPORTms excel logo

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 HousePomanda Estimates

Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover137,497102,978103,9174,366
Other Income Or Grants
Cost Of Sales102,7394,554-88,90327,38521193,9334,526
Gross Profit34,75898,424192,820-23,019-211-93,933-4,526
Admin Expenses35,0801,30792,80613,2782,1022213,320-14,814-25,633
Operating Profit-322-1,307-92,80685,146190,718-23,041-13,531-79,11921,107
Interest Payable260
Interest Receivable67
Pre-Tax Profit-322-1,307-92,80694,886190,718-22,974-13,531-97,74520,234
Tax-19,926-43,866-498-99718,626-5,037
Profit After Tax-322-1,307-92,80674,960146,852-23,472-14,528-79,11915,197
Dividends Paid
Retained Profit-322-1,307-92,80674,960146,852-23,472-14,528-79,11915,197
Employee Costs35,29635,03935,67232,72532,39233,10332,539
Number Of Employees1111111
EBITDA*-322-1,307-92,80685,146190,718-23,041-13,531-79,11921,107

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress1,093,9331,093,9331,000,0001,000,0001,000,0001,093,933
Trade Debtors25,455140,429
Group Debtors26,585115,309
Misc Debtors32411,46517,00118,626
Cash
misc current assets
total current assets25,45526,909115,3091,234,3621,093,9331,011,4651,017,0011,018,6261,093,933
total assets25,45526,909115,3091,234,3621,093,9331,011,4651,017,0011,018,6261,093,933
Bank overdraft
Bank loan
Trade Creditors 1,272
Group/Directors Accounts1,055,2611,016,6001,113,3851,095,4491,077,5091,073,697
other short term finances
hp & lease commitments
other current liabilities1,13088,22357,93732,4015,0375,037
total current liabilities1,13088,2231,114,4701,049,0011,113,3851,095,4491,082,5461,078,734
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,13088,2231,114,4701,049,0011,113,3851,095,4491,082,5461,078,734
net assets25,45525,77927,086119,89244,932-101,920-78,448-63,92015,199
total shareholders funds25,45525,77927,086119,89244,932-101,920-78,448-63,92015,199
Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-322-1,307-92,80685,146190,718-23,041-13,531-79,11921,107
Depreciation
Amortisation
Tax-19,926-43,866-498-99718,626-5,037
Stock-1,093,93393,933-93,9331,093,933
Debtors-1,454-88,400-25,120140,429-11,465-5,536-1,62518,626
Creditors-1,2721,272
Accruals and Deferred Income-1,130-87,09330,28625,53632,401-5,0375,037
Deferred Taxes & Provisions
Cash flow from operations21,055,261-48,40196,785-18,003-17,94014,814-1,072,826
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts-1,055,26138,661-96,78517,93617,9403,8121,073,697
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-22
interest-26067
cash flow from financing-2-1,055,26138,401-96,78518,00317,9403,8121,073,699
cash and cash equivalents
cash
overdraft
change in cash

morston assets three (wigan) 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 morston assets three (wigan) limited. Get real-time insights into morston assets three (wigan) limited's credit score, group structure and payment trends.

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Morston Assets Three (wigan) Limited Competitor Analysis

competitor_analysis_table_img

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 Ownership

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 Shareholders

morston assets three ltd 100%

morston assets three (wigan) limited directors

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).

officercountryagestartendrole
Mr Thomas HarrisonUnited Kingdom78 years Jan 2008- Director
Mr Neil Quinsey50 years Oct 2013- Director

P&L

March 2018

turnover

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 2018

net assets

25.5k

-0.01%

total assets

25.5k

-0.05%

cash

0

0%

net assets

Total assets minus all liabilities

morston assets three (wigan) limited company details

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

-

morston assets three (wigan) 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 did not find charges/mortgages relating to morston assets three (wigan) limited.

morston assets three (wigan) 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 MORSTON ASSETS THREE (WIGAN) LIMITED. This can take several minutes, an email will notify you when this has completed.

morston assets three (wigan) limited Companies House Filings - See Documents

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