morton grange limited Company Information
Company Number
06903540
Website
www.mortongrange.co.ukRegistered Address
morton grange morton on swale, northallerton, north yorkshire, DL7 9RQ
Industry
Raising of poultry
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Shareholders
james edward sanderson 33.4%
lucy mary sanderson 33.3%
View Allmorton grange limited Estimated Valuation
Pomanda estimates the enterprise value of MORTON GRANGE LIMITED at £2.3m based on a Turnover of £5.1m and 0.45x industry multiple (adjusted for size and gross margin).
morton grange limited Estimated Valuation
Pomanda estimates the enterprise value of MORTON GRANGE LIMITED at £5.4m based on an EBITDA of £992.5k and a 5.44x industry multiple (adjusted for size and gross margin).
morton grange limited Estimated Valuation
Pomanda estimates the enterprise value of MORTON GRANGE LIMITED at £4.1m based on Net Assets of £2.2m and 1.83x industry multiple (adjusted for liquidity).
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Morton Grange Limited Overview
Morton Grange Limited is a live company located in north yorkshire, DL7 9RQ with a Companies House number of 06903540. It operates in the raising of poultry sector, SIC Code 01470. Founded in May 2009, it's largest shareholder is james edward sanderson with a 33.4% stake. Morton Grange Limited is a established, mid sized company, Pomanda has estimated its turnover at £5.1m with healthy growth in recent years.
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Morton Grange Limited Health Check
Pomanda's financial health check has awarded Morton Grange Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £5.1m, make it smaller than the average company (£16.3m)
- Morton Grange Limited
£16.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (5.5%)
- Morton Grange Limited
5.5% - Industry AVG
Production
with a gross margin of 16.1%, this company has a comparable cost of product (16.1%)
- Morton Grange Limited
16.1% - Industry AVG
Profitability
an operating margin of 17.2% make it more profitable than the average company (2%)
- Morton Grange Limited
2% - Industry AVG
Employees
with 16 employees, this is below the industry average (45)
16 - Morton Grange Limited
45 - Industry AVG
Pay Structure
on an average salary of £30.6k, the company has an equivalent pay structure (£30.6k)
- Morton Grange Limited
£30.6k - Industry AVG
Efficiency
resulting in sales per employee of £318.4k, this is equally as efficient (£309.1k)
- Morton Grange Limited
£309.1k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (35 days)
- Morton Grange Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is close to average (31 days)
- Morton Grange Limited
31 days - Industry AVG
Stock Days
it holds stock equivalent to 87 days, this is more than average (24 days)
- Morton Grange Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (7 weeks)
43 weeks - Morton Grange Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.7%, this is a lower level of debt than the average (52.6%)
35.7% - Morton Grange Limited
52.6% - Industry AVG
MORTON GRANGE LIMITED financials
Morton Grange Limited's latest turnover from April 2023 is estimated at £5.1 million and the company has net assets of £2.2 million. According to their latest financial statements, Morton Grange Limited has 16 employees and maintains cash reserves of £697.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 16 | 16 | 16 | 16 | 1 | 1 | 1 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 1,639,709 | 1,556,014 | 1,609,891 | 1,447,599 | 222,980 | 138,700 | 35,666 | 17,391 | 20,460 | 24,071 | 28,319 | 33,316 | 39,196 | 46,112 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65,205 | 65,205 | 61,365 | 52,149 | 47,809 | 43,369 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 1,639,709 | 1,556,014 | 1,609,891 | 1,447,599 | 222,980 | 138,700 | 35,666 | 17,391 | 85,665 | 89,276 | 89,684 | 85,465 | 87,005 | 89,481 |
Stock & work in progress | 1,028,333 | 908,098 | 720,753 | 713,169 | 181,420 | 168,245 | 132,495 | 115,372 | 34,803 | 41,250 | 42,939 | 41,017 | 35,115 | 28,125 |
Trade Debtors | 81,077 | 73,992 | 50,655 | 87,750 | 33,845 | 30,488 | 16,750 | 100,179 | 120,170 | 86,576 | 703,144 | 660,667 | 396,071 | 262,054 |
Group Debtors | 0 | 0 | 0 | 0 | 316,845 | 266,776 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 29,005 | 36,182 | 81,116 | 39,026 | 108,369 | 103,658 | 103,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 697,270 | 430,603 | 471,597 | 207,720 | 303,594 | 88,434 | 23,159 | 37,153 | 0 | 21,093 | 19,363 | 18,662 | 27,647 | 1,149 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 1,835,685 | 1,448,875 | 1,324,121 | 1,047,665 | 944,073 | 657,601 | 275,827 | 252,704 | 154,973 | 148,919 | 765,446 | 720,346 | 458,833 | 291,328 |
total assets | 3,475,394 | 3,004,889 | 2,934,012 | 2,495,264 | 1,167,053 | 796,301 | 311,493 | 270,095 | 240,638 | 238,195 | 855,130 | 805,811 | 545,838 | 380,809 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 18,500 | 18,500 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 345,867 | 286,253 | 477,914 | 263,441 | 35,937 | 33,017 | 29,294 | 184,806 | 49,447 | 31,074 | 100,573 | 110,955 | 116,308 | 187,801 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
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 | 486,017 | 543,602 | 511,387 | 625,537 | 393,443 | 90,459 | 67,540 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 831,884 | 848,355 | 1,007,801 | 894,978 | 429,380 | 123,476 | 96,834 | 184,806 | 49,447 | 31,074 | 100,573 | 110,955 | 116,308 | 187,801 |
loans | 0 | 290,219 | 309,707 | 241,015 | 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 | 498 | 3,781 | 8,639 | 0 | 0 | 0 | 0 |
provisions | 409,200 | 295,098 | 306,442 | 219,438 | 41,376 | 25,147 | 5,307 | 2,205 | 1,791 | 2,007 | 2,379 | 2,488 | 2,752 | 2,848 |
total long term liabilities | 409,200 | 585,317 | 616,149 | 460,453 | 41,376 | 25,147 | 5,307 | 2,703 | 5,572 | 10,646 | 2,379 | 2,488 | 2,752 | 2,848 |
total liabilities | 1,241,084 | 1,433,672 | 1,623,950 | 1,355,431 | 470,756 | 148,623 | 102,141 | 187,509 | 55,019 | 41,720 | 102,952 | 113,443 | 119,060 | 190,649 |
net assets | 2,234,310 | 1,571,217 | 1,310,062 | 1,139,833 | 696,297 | 647,678 | 209,352 | 82,586 | 185,619 | 196,475 | 752,178 | 692,368 | 426,778 | 190,160 |
total shareholders funds | 2,234,310 | 1,571,217 | 1,310,062 | 1,139,833 | 696,297 | 647,678 | 209,352 | 82,586 | 185,619 | 196,475 | 752,178 | 692,368 | 426,778 | 190,160 |
Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 116,557 | 114,429 | 123,795 | 116,172 | 31,417 | 9,573 | 6,294 | 3,069 | 3,611 | 4,248 | 4,997 | 5,880 | 6,917 | 8,138 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | ||||||||||||||
Stock | 120,235 | 187,345 | 7,584 | 531,749 | 13,175 | 35,750 | 17,123 | 80,569 | -6,447 | -1,689 | 1,922 | 5,902 | 6,990 | 28,125 |
Debtors | -92 | -21,597 | 4,995 | -332,283 | 58,137 | 280,749 | 19,994 | -19,991 | 33,594 | -616,568 | 42,477 | 264,596 | 134,017 | 262,054 |
Creditors | 59,614 | -191,661 | 214,473 | 227,504 | 2,920 | 3,723 | -155,512 | 135,359 | 18,373 | -69,499 | -10,382 | -5,353 | -71,493 | 187,801 |
Accruals and Deferred Income | -57,585 | 32,215 | -114,150 | 232,094 | 302,984 | 22,919 | 67,540 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 114,102 | -11,344 | 87,004 | 178,062 | 16,229 | 19,840 | 3,102 | 414 | -216 | -372 | -109 | -264 | -96 | 2,848 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -65,205 | 0 | 3,840 | 9,216 | 4,340 | 4,440 | 43,369 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | -18,500 | 0 | 12,500 | 6,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -290,219 | -19,488 | 68,692 | 241,015 | 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 | -498 | -3,283 | -4,858 | 8,639 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 266,667 | -40,994 | 263,877 | -95,874 | 215,160 | 65,275 | -13,994 | 37,153 | -21,093 | 1,730 | 701 | -8,985 | 26,498 | 1,149 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 266,667 | -40,994 | 263,877 | -95,874 | 215,160 | 65,275 | -13,994 | 37,153 | -21,093 | 1,730 | 701 | -8,985 | 26,498 | 1,149 |
morton grange limited Credit Report and Business Information
Morton Grange Limited Competitor Analysis
Perform a competitor analysis for morton grange limited by selecting its closest rivals, whether from the AGRICULTURE, FORESTRY AND FISHING sector, other mid companies, companies in DL7 area or any other competitors across 12 key performance metrics.
morton grange limited Ownership
MORTON GRANGE LIMITED group structure
Morton Grange Limited has no subsidiary companies.
Ultimate parent company
MORTON GRANGE LIMITED
06903540
morton grange limited directors
Morton Grange Limited currently has 3 directors. The longest serving directors include Mr James Sanderson (May 2009) and Mr Albert Sanderson (Apr 2019).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr James Sanderson | 48 years | May 2009 | - | Director | |
Mr Albert Sanderson | 83 years | Apr 2019 | - | Director | |
Mrs Lucy Sanderson | 52 years | Apr 2019 | - | Director |
P&L
April 2023turnover
5.1m
+56%
operating profit
876k
0%
gross margin
16.1%
-14.32%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
2.2m
+0.42%
total assets
3.5m
+0.16%
cash
697.3k
+0.62%
net assets
Total assets minus all liabilities
morton grange limited company details
company number
06903540
Type
Private limited with Share Capital
industry
01470 - Raising of poultry
incorporation date
May 2009
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2023
previous names
morton grange poultry limited (September 2009)
accountant
-
auditor
-
address
morton grange morton on swale, northallerton, north yorkshire, DL7 9RQ
Bank
-
Legal Advisor
-
morton grange 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 1 charges/mortgages relating to morton grange limited. Currently there are 1 open charges and 0 have been satisfied in the past.
morton grange limited Companies House Filings - See Documents
date | description | view/download |
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