morgan hall legal limited

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morgan hall legal limited Company Information

Share MORGAN HALL LEGAL LIMITED

Company Number

06540154

Shareholders

mr altaf husen bhurawala

Group Structure

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Industry

Other personal service activities n.e.c.

 

Registered Address

73-77 ilford hill, ilford, essex, IG1 2DG

morgan hall legal limited Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of MORGAN HALL LEGAL LIMITED at £1.8m based on a Turnover of £2.2m and 0.82x industry multiple (adjusted for size and gross margin).

morgan hall legal limited Estimated Valuation

£116.5k

Pomanda estimates the enterprise value of MORGAN HALL LEGAL LIMITED at £116.5k based on an EBITDA of £26.4k and a 4.42x industry multiple (adjusted for size and gross margin).

morgan hall legal limited Estimated Valuation

£44.7k

Pomanda estimates the enterprise value of MORGAN HALL LEGAL LIMITED at £44.7k based on Net Assets of £18.5k and 2.41x industry multiple (adjusted for liquidity).

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Morgan Hall Legal Limited Overview

Morgan Hall Legal Limited is a live company located in essex, IG1 2DG with a Companies House number of 06540154. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in March 2008, it's largest shareholder is mr altaf husen bhurawala with a 100% stake. Morgan Hall Legal Limited is a established, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.

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Morgan Hall Legal Limited Health Check

Pomanda's financial health check has awarded Morgan Hall Legal Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

6 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £2.2m, make it larger than the average company (£693.7k)

£2.2m - Morgan Hall Legal Limited

£693.7k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 34%, show it is growing at a faster rate (4%)

34% - Morgan Hall Legal Limited

4% - Industry AVG

production

Production

with a gross margin of 39.4%, this company has a comparable cost of product (39.4%)

39.4% - Morgan Hall Legal Limited

39.4% - Industry AVG

profitability

Profitability

an operating margin of -0.1% make it less profitable than the average company (5.5%)

-0.1% - Morgan Hall Legal Limited

5.5% - Industry AVG

employees

Employees

with 5 employees, this is below the industry average (14)

5 - Morgan Hall Legal Limited

14 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)

£26.4k - Morgan Hall Legal Limited

£26.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £443k, this is more efficient (£74.2k)

£443k - Morgan Hall Legal Limited

£74.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 3 days, this is earlier than average (29 days)

3 days - Morgan Hall Legal Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 425 days, this is slower than average (37 days)

425 days - Morgan Hall Legal Limited

37 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 7 days, this is less than average (37 days)

7 days - Morgan Hall Legal Limited

37 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 28 weeks, this is less cash available to meet short term requirements (46 weeks)

28 weeks - Morgan Hall Legal Limited

46 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (46.8%)

98.9% - Morgan Hall Legal Limited

46.8% - Industry AVG

MORGAN HALL LEGAL LIMITED financials

EXPORTms excel logo

Morgan Hall Legal Limited's latest turnover from July 2020 is estimated at £2.2 million and the company has net assets of £18.5 thousand. According to their latest financial statements, Morgan Hall Legal Limited has 5 employees and maintains cash reserves of £927.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Turnover2,215,0241,196,0611,277,471915,619948,9891,416,4191,504,2691,287,281838,799738,3611,040,828
Other Income Or Grants
Cost Of Sales1,342,732716,592773,859540,495547,538843,838904,542731,517482,512418,784584,226
Gross Profit872,292479,469503,612375,123401,451572,581599,727555,765356,286319,577456,603
Admin Expenses875,285479,064483,407388,260405,747583,532596,831568,633339,878304,199428,027
Operating Profit-2,99340520,205-13,137-4,296-10,9512,896-12,86816,40815,37828,576
Interest Payable61211181417391
Interest Receivable464
Pre-Tax Profit-2,59019420,025-13,554-4,687-10,9512,896-12,86816,40815,37828,576
Tax-37-3,805-608-3,938-3,998-8,001
Profit After Tax-2,59015716,220-13,554-4,687-10,9512,288-12,86812,47011,38020,575
Dividends Paid
Retained Profit-2,59015716,220-13,554-4,687-10,9512,288-12,86812,47011,38020,575
Employee Costs132,140243,678231,451199,536212,549501,010499,910470,228309,118256,124372,796
Number Of Employees59988191918121015
EBITDA*26,35328,58949,48917,19126,83018,08833,03119,11948,88540,28031,175

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Tangible Assets27,38634,23239,91646,70051,85843,74450,28357,91862,39324,19214,730
Intangible Assets180,000202,500225,000247,500270,000292,500315,000337,500360,000382,500405,000
Investments & Other541,720541,720541,720366,720366,720366,720366,720
Debtors (Due After 1 year)
Total Fixed Assets749,106778,452806,636660,920688,578702,964732,003395,418422,393406,692419,730
Stock & work in progress28,35027,23029,16541,45055,98068,45066,75062,65096,75056,15059,135
Trade Debtors18,20616,33038,0182,6318,9805,26913,00359,7342,2067,42733,666
Group Debtors
Misc Debtors6,300
Cash927,698
misc current assets2,952
total current assets980,55443,56067,18344,08164,96073,71979,753122,38498,95663,57795,753
total assets1,729,660822,012873,819705,001753,538776,683811,756517,802521,349470,269515,483
Bank overdraft2,0034,2401,31412,019
Bank loan
Trade Creditors 1,564,063673,836726,345569,513574,942753,689777,811486,145476,824438,214494,808
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities147,057125,043122,261129,421148,270
total current liabilities1,711,120800,882852,846700,248735,231753,689777,811486,145476,824438,214494,808
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities1,711,120800,882852,846700,248735,231753,689777,811486,145476,824438,214494,808
net assets18,54021,13020,9734,75318,30722,99433,94531,65744,52532,05520,675
total shareholders funds18,54021,13020,9734,75318,30722,99433,94531,65744,52532,05520,675
Jul 2020Jul 2019Jul 2018Jul 2017Jul 2016Jul 2015Jul 2014Jul 2013Jul 2012Jul 2011Jul 2010
Operating Activities
Operating Profit-2,99340520,205-13,137-4,296-10,9512,896-12,86816,40815,37828,576
Depreciation6,8465,6846,7847,8288,6266,5397,6359,4879,9772,4022,599
Amortisation22,50022,50022,50022,50022,50022,50022,50022,50022,50022,500
Tax-37-3,805-608-3,938-3,998-8,001
Stock1,120-1,935-12,285-14,530-12,4701,7004,100-34,10040,600-2,98559,135
Debtors8,176-21,68835,387-6,3493,711-7,734-46,73157,528-5,221-26,23933,666
Creditors890,227-52,509156,832-5,429-178,747-24,122291,6669,32138,610-56,594494,808
Accruals and Deferred Income22,0142,782-7,160-18,849148,270
Deferred Taxes & Provisions
Cash flow from operations929,2982,448172,25413,7925,112366,7205,01248,1788,912425,181
Investing Activities
capital expenditure-2,670-16,740-5,012-48,178-11,864-422,329
Change in Investments175,000366,720
cash flow from investments-175,000-2,670-16,740-366,720-5,012-48,178-11,864-422,329
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest403-211-181-417-391
cash flow from financing403-211-181-417-391100
cash and cash equivalents
cash927,698
overdraft-2,003-2,2372,926-10,70512,019
change in cash929,7012,237-2,92610,705-12,019

morgan hall legal limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Morgan Hall Legal Limited Competitor Analysis

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Perform a competitor analysis for morgan hall legal limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in IG1 area or any other competitors across 12 key performance metrics.

morgan hall legal limited Ownership

MORGAN HALL LEGAL LIMITED group structure

Morgan Hall Legal Limited has no subsidiary companies.

Ultimate parent company

MORGAN HALL LEGAL LIMITED

06540154

MORGAN HALL LEGAL LIMITED Shareholders

mr altaf husen bhurawala 100%

morgan hall legal limited directors

Morgan Hall Legal Limited currently has 1 director, Mr Altaf Bhurawala serving since Mar 2008.

officercountryagestartendrole
Mr Altaf BhurawalaEngland61 years Mar 2008- Director

P&L

July 2020

turnover

2.2m

+85%

operating profit

-3k

0%

gross margin

39.4%

-1.76%

turnover

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

Balance Sheet

July 2020

net assets

18.5k

-0.12%

total assets

1.7m

+1.1%

cash

927.7k

0%

net assets

Total assets minus all liabilities

morgan hall legal limited company details

company number

06540154

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

incorporation date

March 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

July 2021

previous names

morgan hall solicitors limited (October 2021)

morgan hall limited (February 2011)

accountant

-

auditor

-

address

73-77 ilford hill, ilford, essex, IG1 2DG

Bank

-

Legal Advisor

-

morgan hall legal 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 morgan hall legal limited.

morgan hall legal 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.

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morgan hall legal limited Companies House Filings - See Documents

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