morris n limited
morris n limited Company Information
Company Number
06659269
Next Accounts
Oct 2025
Directors
Shareholders
mr nicholas gordon morris
Group Structure
View All
Industry
Other retail sale not in stores, stalls or markets
Registered Address
ascalon brunstock mews, brunstock, carlisle, CA6 4QG
Website
www.morrisminorgarage.commorris n limited Estimated Valuation
Pomanda estimates the enterprise value of MORRIS N LIMITED at £136.2k based on a Turnover of £498.7k and 0.27x industry multiple (adjusted for size and gross margin).
morris n limited Estimated Valuation
Pomanda estimates the enterprise value of MORRIS N LIMITED at £0 based on an EBITDA of £-4.3k and a 2.87x industry multiple (adjusted for size and gross margin).
morris n limited Estimated Valuation
Pomanda estimates the enterprise value of MORRIS N LIMITED at £247k based on Net Assets of £125.3k and 1.97x industry multiple (adjusted for liquidity).
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Morris N Limited Overview
Morris N Limited is a live company located in carlisle, CA6 4QG with a Companies House number of 06659269. It operates in the other retail sale not in stores, stalls or markets sector, SIC Code 47990. Founded in July 2008, it's largest shareholder is mr nicholas gordon morris with a 100% stake. Morris N Limited is a established, micro sized company, Pomanda has estimated its turnover at £498.7k with high growth in recent years.
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Morris N Limited Health Check
Pomanda's financial health check has awarded Morris N Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £498.7k, make it smaller than the average company (£1.1m)
- Morris N Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (10.9%)
- Morris N Limited
10.9% - Industry AVG
Production
with a gross margin of 17.5%, this company has a higher cost of product (31.7%)
- Morris N Limited
31.7% - Industry AVG
Profitability
an operating margin of -0.9% make it less profitable than the average company (4.4%)
- Morris N Limited
4.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (10)
2 - Morris N Limited
10 - Industry AVG
Pay Structure
on an average salary of £36.4k, the company has an equivalent pay structure (£36.4k)
- Morris N Limited
£36.4k - Industry AVG
Efficiency
resulting in sales per employee of £249.4k, this is more efficient (£205.6k)
- Morris N Limited
£205.6k - Industry AVG
Debtor Days
it gets paid by customers after 121 days, this is later than average (31 days)
- Morris N Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is close to average (37 days)
- Morris N Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morris N Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Morris N Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.5%, this is a lower level of debt than the average (62.6%)
49.5% - Morris N Limited
62.6% - Industry AVG
MORRIS N LIMITED financials
Morris N Limited's latest turnover from January 2024 is estimated at £498.7 thousand and the company has net assets of £125.3 thousand. According to their latest financial statements, Morris N Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 277,840 | 290,664 | |||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 152,427 | 190,121 | |||||||||||||
| Gross Profit | 125,413 | 100,543 | |||||||||||||
| Admin Expenses | 47,034 | 45,543 | |||||||||||||
| Operating Profit | 78,379 | 55,000 | |||||||||||||
| Interest Payable | 1 | 1,848 | |||||||||||||
| Interest Receivable | 44 | 251 | |||||||||||||
| Pre-Tax Profit | 78,422 | 53,403 | |||||||||||||
| Tax | -15,684 | -11,093 | |||||||||||||
| Profit After Tax | 62,738 | 42,310 | |||||||||||||
| Dividends Paid | 33,872 | 37,900 | |||||||||||||
| Retained Profit | 28,866 | 4,410 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 2 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||||
| EBITDA* | 82,075 | 59,983 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 82,631 | 109,638 | 6,180 | 8,029 | 10,623 | 14,746 | 19,729 | 23,943 | 28,976 | 39,010 | 52,202 | 43,593 | 58,057 | 5,801 | 1,423 |
| Intangible Assets | 5,750 | 11,500 | |||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 82,631 | 109,638 | 6,180 | 8,029 | 10,623 | 14,746 | 19,729 | 23,943 | 28,976 | 39,010 | 52,202 | 43,593 | 58,057 | 11,551 | 12,923 |
| Stock & work in progress | 76,681 | 63,000 | 50,000 | 47,888 | 52,947 | 51,028 | 42,105 | 32,994 | 22,500 | ||||||
| Trade Debtors | 165,423 | 153,120 | 141,641 | 139,530 | 38,358 | 39,036 | 118,230 | 135,636 | 43,094 | 35,807 | 31,441 | 28,701 | 41,945 | 26,978 | 30,260 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 4,043 | 4,555 | |||||||||||||
| Cash | 27,582 | 8,072 | 7,740 | 4,504 | 500 | 7,814 | 500 | 500 | 3 | ||||||
| misc current assets | |||||||||||||||
| total current assets | 165,423 | 153,120 | 141,641 | 139,530 | 146,664 | 114,663 | 118,230 | 135,636 | 100,834 | 88,199 | 84,888 | 87,543 | 84,550 | 60,472 | 52,763 |
| total assets | 248,054 | 262,758 | 147,821 | 147,559 | 157,287 | 129,409 | 137,959 | 159,579 | 129,810 | 127,209 | 137,090 | 131,136 | 142,607 | 72,023 | 65,686 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 45,148 | 39,229 | 31,473 | 32,455 | 13,305 | 13,264 | 45,991 | 47,881 | 59,502 | 73,275 | 80,712 | 71,341 | 71,402 | 60,400 | 54,469 |
| Group/Directors Accounts | 4,761 | 9,426 | |||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 19,201 | 15,565 | |||||||||||||
| total current liabilities | 45,148 | 39,229 | 31,473 | 32,455 | 37,267 | 38,255 | 45,991 | 47,881 | 59,502 | 73,275 | 80,712 | 71,341 | 71,402 | 60,400 | 54,469 |
| loans | 10,675 | 18,241 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 77,591 | 93,926 | 3,110 | 10,676 | 20,254 | 30,236 | 40,218 | 30,265 | 30,265 | ||||||
| provisions | 2,114 | 2,114 | 5,795 | 7,802 | 10,440 | 8,718 | 11,611 | 909 | |||||||
| total long term liabilities | 77,591 | 93,926 | 5,224 | 12,790 | 26,049 | 38,038 | 50,658 | 49,658 | 60,117 | 909 | |||||
| total liabilities | 122,739 | 133,155 | 31,473 | 32,455 | 37,267 | 38,255 | 51,215 | 60,671 | 85,551 | 111,313 | 131,370 | 120,999 | 131,519 | 61,309 | 54,469 |
| net assets | 125,315 | 129,603 | 116,348 | 115,104 | 120,020 | 91,154 | 86,744 | 98,908 | 44,259 | 15,896 | 5,720 | 10,137 | 11,088 | 10,714 | 11,217 |
| total shareholders funds | 125,315 | 129,603 | 116,348 | 115,104 | 120,020 | 91,154 | 86,744 | 98,908 | 44,259 | 15,896 | 5,720 | 10,137 | 11,088 | 10,714 | 11,217 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 78,379 | 55,000 | |||||||||||||
| Depreciation | 3,696 | 4,983 | 10,034 | 13,192 | 12,556 | 14,464 | 4,813 | 381 | 459 | ||||||
| Amortisation | 5,750 | 5,750 | 5,750 | ||||||||||||
| Tax | -15,684 | -11,093 | |||||||||||||
| Stock | -76,681 | 13,681 | 63,000 | -50,000 | 2,112 | -5,059 | 1,919 | 8,923 | 9,111 | 10,494 | 22,500 | ||||
| Debtors | 12,303 | 11,479 | 2,111 | 97,129 | -1,190 | -74,639 | -17,406 | 92,542 | 7,287 | 4,366 | 2,740 | -13,244 | 14,967 | -3,282 | 30,260 |
| Creditors | 5,919 | 7,756 | -982 | 19,150 | 41 | -32,727 | -1,890 | -11,621 | -13,773 | -7,437 | 9,371 | -61 | 11,002 | 5,931 | 54,469 |
| Accruals and Deferred Income | -19,201 | 3,636 | 15,565 | ||||||||||||
| Deferred Taxes & Provisions | -2,114 | -3,681 | -2,007 | -2,638 | 1,722 | -2,893 | 10,702 | 909 | |||||||
| Cash flow from operations | 57,577 | 41,253 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -4,761 | -4,665 | 9,426 | ||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -10,675 | -7,566 | 18,241 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -16,335 | 93,926 | -3,110 | -7,566 | -9,578 | -9,982 | -9,982 | 9,953 | 30,265 | ||||||
| share issue | |||||||||||||||
| interest | 43 | -1,597 | |||||||||||||
| cash flow from financing | -4,622 | 4,719 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -27,582 | 19,510 | 8,072 | -7,740 | 3,236 | 4,004 | -7,314 | 7,314 | 497 | 3 | |||||
| overdraft | |||||||||||||||
| change in cash | -27,582 | 19,510 | 8,072 | -7,740 | 3,236 | 4,004 | -7,314 | 7,314 | 497 | 3 |
morris n limited Credit Report and Business Information
Morris N Limited Competitor Analysis
Perform a competitor analysis for morris n limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in CA6 area or any other competitors across 12 key performance metrics.
morris n limited Ownership
MORRIS N LIMITED group structure
Morris N Limited has no subsidiary companies.
Ultimate parent company
MORRIS N LIMITED
06659269
morris n limited directors
Morris N Limited currently has 1 director, Mr Nicholas Morris serving since Jul 2008.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nicholas Morris | England | 54 years | Jul 2008 | - | Director |
P&L
January 2024turnover
498.7k
+32%
operating profit
-4.3k
0%
gross margin
17.6%
-6.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
125.3k
-0.03%
total assets
248.1k
-0.06%
cash
0
0%
net assets
Total assets minus all liabilities
morris n limited company details
company number
06659269
Type
Private limited with Share Capital
industry
47990 - Other retail sale not in stores, stalls or markets
incorporation date
July 2008
age
17
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
ascalon brunstock mews, brunstock, carlisle, CA6 4QG
Bank
-
Legal Advisor
-
morris n 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 2 charges/mortgages relating to morris n limited. Currently there are 2 open charges and 0 have been satisfied in the past.
morris n 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 MORRIS N LIMITED. This can take several minutes, an email will notify you when this has completed.
morris n limited Companies House Filings - See Documents
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