morton & jones limited Company Information
Company Number
06572110
Website
www.mortonandjones.comRegistered Address
25 grosvenor road, wrexham, north wales, LL11 1BT
Industry
Construction of utility projects for electricity and telecommunications
Telephone
01978358003
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
morton & jones holdings limited 100%
morton & jones limited Estimated Valuation
Pomanda estimates the enterprise value of MORTON & JONES LIMITED at £2.3m based on a Turnover of £8.1m and 0.29x industry multiple (adjusted for size and gross margin).
morton & jones limited Estimated Valuation
Pomanda estimates the enterprise value of MORTON & JONES LIMITED at £5.7m based on an EBITDA of £1.3m and a 4.19x industry multiple (adjusted for size and gross margin).
morton & jones limited Estimated Valuation
Pomanda estimates the enterprise value of MORTON & JONES LIMITED at £3.8m based on Net Assets of £2.7m and 1.44x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Morton & Jones Limited Overview
Morton & Jones Limited is a live company located in north wales, LL11 1BT with a Companies House number of 06572110. It operates in the construction of utility projects for electricity and telecommunications sector, SIC Code 42220. Founded in April 2008, it's largest shareholder is morton & jones holdings limited with a 100% stake. Morton & Jones Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.1m with healthy growth in recent years.
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Morton & Jones Limited Health Check
Pomanda's financial health check has awarded Morton & Jones Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
5 Strong
![positive_score](/assets/images/scoreRate1.png)
3 Regular
![positive_score](/assets/images/scoreRate0.png)
4 Weak
![size](/assets/images/scoreRate2.png)
Size
annual sales of £8.1m, make it larger than the average company (£2.8m)
- Morton & Jones Limited
£2.8m - Industry AVG
![growth](/assets/images/scoreRate0.png)
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a slower rate (15.1%)
- Morton & Jones Limited
15.1% - Industry AVG
![production](/assets/images/scoreRate1.png)
Production
with a gross margin of 27.7%, this company has a comparable cost of product (27.7%)
- Morton & Jones Limited
27.7% - Industry AVG
![profitability](/assets/images/scoreRate1.png)
Profitability
an operating margin of 13.4% make it as profitable than the average company (13.7%)
- Morton & Jones Limited
13.7% - Industry AVG
![employees](/assets/images/scoreRate2.png)
Employees
with 58 employees, this is above the industry average (8)
58 - Morton & Jones Limited
8 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £53.3k, the company has an equivalent pay structure (£53.3k)
- Morton & Jones Limited
£53.3k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £138.8k, this is less efficient (£276.4k)
- Morton & Jones Limited
£276.4k - Industry AVG
![debtordays](/assets/images/scoreRate2.png)
Debtor Days
it gets paid by customers after 31 days, this is earlier than average (41 days)
- Morton & Jones Limited
41 days - Industry AVG
![creditordays](/assets/images/scoreRate0.png)
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (35 days)
- Morton & Jones Limited
35 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 33 days, this is more than average (13 days)
- Morton & Jones Limited
13 days - Industry AVG
![cashbalance](/assets/images/scoreRate2.png)
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (24 weeks)
58 weeks - Morton & Jones Limited
24 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate2.png)
Debt Level
it has a ratio of liabilities to total assets of 24.4%, this is a lower level of debt than the average (77.9%)
24.4% - Morton & Jones Limited
77.9% - Industry AVG
MORTON & JONES LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Morton & Jones Limited's latest turnover from March 2023 is estimated at £8.1 million and the company has net assets of £2.7 million. According to their latest financial statements, Morton & Jones Limited has 58 employees and maintains cash reserves of £780.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 58 | 62 | 64 | 58 | 48 | 56 | 58 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,066,250 | 781,574 | 645,235 | 517,820 | 523,827 | 349,557 | 312,785 | 307,171 | 195,958 | 206,144 | 166,413 | 153,139 | 174,475 | 203,014 |
Intangible Assets | 131,250 | 156,250 | 181,250 | 206,250 | 231,250 | 256,250 | 281,250 | 306,250 | 331,250 | 356,250 | 381,250 | 406,250 | 431,250 | 456,250 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 20,632 | 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 |
Total Fixed Assets | 1,197,500 | 937,824 | 826,485 | 724,070 | 755,077 | 605,807 | 614,667 | 613,421 | 527,208 | 562,394 | 547,663 | 559,389 | 605,725 | 659,264 |
Stock & work in progress | 539,145 | 186,291 | 197,701 | 207,646 | 116,295 | 90,697 | 176,271 | 183,985 | 133,489 | 170,778 | 208,040 | 191,096 | 172,875 | 159,789 |
Trade Debtors | 690,174 | 465,482 | 554,713 | 235,506 | 405,621 | 458,707 | 470,386 | 539,760 | 417,501 | 665,584 | 305,622 | 366,594 | 234,783 | 218,342 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 308,457 | 24,740 | 7,848 | 172,288 | 488,472 | 664,427 | 664,110 | 503,396 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 780,395 | 939,262 | 1,397,991 | 957,560 | 1,888,741 | 1,393,346 | 1,106,460 | 803,958 | 470,404 | 574,414 | 461,144 | 398,930 | 334,860 | 154,929 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,318,171 | 1,615,775 | 2,158,253 | 1,573,000 | 2,899,129 | 2,607,177 | 2,417,227 | 2,031,099 | 1,021,394 | 1,410,776 | 974,806 | 956,620 | 742,518 | 533,060 |
total assets | 3,515,671 | 2,553,599 | 2,984,738 | 2,297,070 | 3,654,206 | 3,212,984 | 3,031,894 | 2,644,520 | 1,548,602 | 1,973,170 | 1,522,469 | 1,516,009 | 1,348,243 | 1,192,324 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 272,312 | 285,182 | 295,950 | 178,738 | 236,465 | 103,541 | 208,909 | 268,142 | 474,389 | 1,199,583 | 1,170,993 | 330,485 | 310,645 | 214,241 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 12,458 | 309,934 | 9,161 | 62,713 | 0 | 0 | 0 | 905,834 | 932,025 | 938,962 |
other short term finances | 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 | 0 |
other current liabilities | 424,911 | 410,276 | 391,926 | 396,219 | 282,925 | 234,232 | 457,224 | 375,824 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 697,223 | 695,458 | 687,876 | 574,957 | 531,848 | 647,707 | 675,294 | 706,679 | 474,389 | 1,199,583 | 1,170,993 | 1,236,319 | 1,242,670 | 1,153,203 |
loans | 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 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 159,139 | 104,990 | 76,987 | 59,630 | 58,569 | 34,965 | 29,433 | 30,939 | 18,576 | 21,702 | 11,352 | 10,236 | 13,065 | 15,709 |
total long term liabilities | 159,139 | 104,990 | 76,987 | 59,630 | 58,569 | 34,965 | 29,433 | 30,939 | 18,576 | 21,702 | 11,352 | 10,236 | 13,065 | 15,709 |
total liabilities | 856,362 | 800,448 | 764,863 | 634,587 | 590,417 | 682,672 | 704,727 | 737,618 | 492,965 | 1,221,285 | 1,182,345 | 1,246,555 | 1,255,735 | 1,168,912 |
net assets | 2,659,309 | 1,753,151 | 2,219,875 | 1,662,483 | 3,063,789 | 2,530,312 | 2,327,167 | 1,906,902 | 1,055,637 | 751,885 | 340,124 | 269,454 | 92,508 | 23,412 |
total shareholders funds | 2,659,309 | 1,753,151 | 2,219,875 | 1,662,483 | 3,063,789 | 2,530,312 | 2,327,167 | 1,906,902 | 1,055,637 | 751,885 | 340,124 | 269,454 | 92,508 | 23,412 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 240,967 | 159,957 | 30,767 | 18,957 | 101,088 | 65,430 | 3,196 | 64,937 | 55,957 | 48,876 | 43,920 | 59,378 | 47,821 | 49,755 |
Amortisation | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 |
Tax | ||||||||||||||
Stock | 352,854 | -11,410 | -9,945 | 91,351 | 25,598 | -85,574 | -7,714 | 50,496 | -37,289 | -37,262 | 16,944 | 18,221 | 13,086 | 159,789 |
Debtors | 508,409 | -72,339 | 154,767 | -486,299 | -229,041 | -11,362 | 91,340 | 625,655 | -248,083 | 359,962 | -60,972 | 131,811 | 16,441 | 218,342 |
Creditors | -12,870 | -10,768 | 117,212 | -57,727 | 132,924 | -105,368 | -59,233 | -206,247 | -725,194 | 28,590 | 840,508 | 19,840 | 96,404 | 214,241 |
Accruals and Deferred Income | 14,635 | 18,350 | -4,293 | 113,294 | 48,693 | -222,992 | 81,400 | 375,824 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 54,149 | 28,003 | 17,357 | 1,061 | 23,604 | 5,532 | -1,506 | 12,363 | -3,126 | 10,350 | 1,116 | -2,829 | -2,644 | 15,709 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | -20,632 | 20,632 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | -12,458 | -297,476 | 300,773 | -53,552 | 62,713 | 0 | 0 | -905,834 | -26,191 | -6,937 | 938,962 |
Other Short Term Loans | 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 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | -158,867 | -458,729 | 440,431 | -931,181 | 495,395 | 286,886 | 302,502 | 333,554 | -104,010 | 113,270 | 62,214 | 64,070 | 179,931 | 154,929 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -158,867 | -458,729 | 440,431 | -931,181 | 495,395 | 286,886 | 302,502 | 333,554 | -104,010 | 113,270 | 62,214 | 64,070 | 179,931 | 154,929 |
morton & jones limited Credit Report and Business Information
Morton & Jones Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for morton & jones limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in LL11 area or any other competitors across 12 key performance metrics.
morton & jones limited Ownership
MORTON & JONES LIMITED group structure
Morton & Jones Limited has no subsidiary companies.
Ultimate parent company
MORTON & JONES LIMITED
06572110
morton & jones limited directors
Morton & Jones Limited currently has 4 directors. The longest serving directors include Mr Kenneth Morton (Apr 2008) and Mr John Jones (Apr 2008).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Kenneth Morton | 70 years | Apr 2008 | - | Director | |
Mr John Jones | 75 years | Apr 2008 | - | Director | |
Mr Alun Jones | Wales | 40 years | Apr 2020 | - | Director |
Mr Terence Morton | Wales | 34 years | Apr 2020 | - | Director |
P&L
March 2023turnover
8.1m
+12%
operating profit
1.1m
0%
gross margin
27.7%
+7.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.7m
+0.52%
total assets
3.5m
+0.38%
cash
780.4k
-0.17%
net assets
Total assets minus all liabilities
morton & jones limited company details
company number
06572110
Type
Private limited with Share Capital
industry
42220 - Construction of utility projects for electricity and telecommunications
incorporation date
April 2008
age
16
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
25 grosvenor road, wrexham, north wales, LL11 1BT
accountant
M D COXEY & CO LIMITED
auditor
-
morton & jones 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 morton & jones limited.
![charges](/assets/images/company_charges.png)
morton & jones limited Companies House Filings - See Documents
date | description | view/download |
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