kev morgan rigging ltd.
kev morgan rigging ltd. Company Information
Company Number
07007337
Next Accounts
Jan 2025
Industry
Non-trading company
Directors
Shareholders
catherine grace morgan
david morgan
View AllGroup Structure
View All
Contact
Registered Address
17 paddock close, letchworth garden city, hertfordshire, SG6 1TB
Website
-kev morgan rigging ltd. Estimated Valuation
Pomanda estimates the enterprise value of KEV MORGAN RIGGING LTD. at £51.6k based on a Turnover of £142.2k and 0.36x industry multiple (adjusted for size and gross margin).
kev morgan rigging ltd. Estimated Valuation
Pomanda estimates the enterprise value of KEV MORGAN RIGGING LTD. at £236.4k based on an EBITDA of £34.5k and a 6.86x industry multiple (adjusted for size and gross margin).
kev morgan rigging ltd. Estimated Valuation
Pomanda estimates the enterprise value of KEV MORGAN RIGGING LTD. at £46.8k based on Net Assets of £39.1k and 1.2x industry multiple (adjusted for liquidity).
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Kev Morgan Rigging Ltd. Overview
Kev Morgan Rigging Ltd. is a dissolved company that was located in hertfordshire, SG6 1TB with a Companies House number of 07007337. It operated in the non-trading company sector, SIC Code 74990. Founded in September 2009, it's largest shareholder was catherine grace morgan with a 50% stake. The last turnover for Kev Morgan Rigging Ltd. was estimated at £142.2k.
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Kev Morgan Rigging Ltd. Health Check
Pomanda's financial health check has awarded Kev Morgan Rigging Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £142.2k, make it smaller than the average company (£3m)
- Kev Morgan Rigging Ltd.
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 114%, show it is growing at a faster rate (0.2%)
- Kev Morgan Rigging Ltd.
0.2% - Industry AVG
Production
with a gross margin of 14.3%, this company has a higher cost of product (31%)
- Kev Morgan Rigging Ltd.
31% - Industry AVG
Profitability
an operating margin of 24.3% make it more profitable than the average company (4.7%)
- Kev Morgan Rigging Ltd.
4.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (42)
2 - Kev Morgan Rigging Ltd.
42 - Industry AVG
Pay Structure
on an average salary of £36.1k, the company has an equivalent pay structure (£36.1k)
- Kev Morgan Rigging Ltd.
£36.1k - Industry AVG
Efficiency
resulting in sales per employee of £71.1k, this is less efficient (£126.3k)
- Kev Morgan Rigging Ltd.
£126.3k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (49 days)
- Kev Morgan Rigging Ltd.
49 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is quicker than average (39 days)
- Kev Morgan Rigging Ltd.
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kev Morgan Rigging Ltd.
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Kev Morgan Rigging Ltd.
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22%, this is a lower level of debt than the average (54.8%)
22% - Kev Morgan Rigging Ltd.
54.8% - Industry AVG
KEV MORGAN RIGGING LTD. financials
Kev Morgan Rigging Ltd.'s latest turnover from September 2021 is estimated at £142.2 thousand and the company has net assets of £39.1 thousand. According to their latest financial statements, Kev Morgan Rigging Ltd. has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 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 | 2 | 2 | 2 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 1 | 1 | 1 | 1,537 | 3,058 | 4,579 | 6,100 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 2,000 | 3,000 | 4,000 | 5,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 1 | 1 | 1 | 1,537 | 3,058 | 4,579 | 7,100 | 2,000 | 3,000 | 4,000 | 5,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 50,102 | 22,848 | 19,034 | 130 | 250 | 4,557 | 947 | 431 | 4,500 | 8,188 | 3,468 | 6,151 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 11,331 | 7,043 | 5,968 | 13,434 | 19,615 | 18,808 | 11,253 | 16,167 | 13,080 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 50,102 | 22,848 | 19,034 | 11,461 | 7,293 | 10,525 | 14,381 | 20,046 | 23,308 | 19,441 | 19,635 | 19,231 |
| total assets | 50,102 | 22,849 | 19,035 | 11,462 | 8,830 | 13,583 | 18,960 | 27,146 | 25,308 | 22,441 | 23,635 | 24,231 |
| Bank overdraft | 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 |
| Trade Creditors | 10,995 | 11,664 | 12,808 | 10,401 | 7,796 | 11,020 | 10,159 | 16,992 | 13,723 | 9,452 | 15,453 | 19,068 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 10,995 | 11,664 | 12,808 | 10,401 | 7,796 | 11,020 | 10,159 | 16,992 | 13,723 | 9,452 | 15,453 | 19,068 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,508 | 3,261 | 4,760 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,508 | 3,261 | 4,760 | 0 | 0 |
| total liabilities | 10,995 | 11,664 | 12,808 | 10,401 | 7,796 | 11,020 | 10,159 | 18,500 | 16,984 | 14,212 | 15,453 | 19,068 |
| net assets | 39,107 | 11,185 | 6,227 | 1,061 | 1,034 | 2,563 | 8,801 | 8,646 | 8,324 | 8,229 | 8,182 | 5,163 |
| total shareholders funds | 39,107 | 11,185 | 6,227 | 1,061 | 1,034 | 2,563 | 8,801 | 8,646 | 8,324 | 8,229 | 8,182 | 5,163 |
| Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 0 | 1,536 | 1,521 | 1,521 | 1,521 | 1,521 | 0 | 0 | 0 | 0 | ||
| Amortisation | 0 | 0 | 0 | 0 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 27,254 | 3,814 | 18,904 | -120 | -4,307 | 3,610 | 516 | -4,069 | -3,688 | 4,720 | -2,683 | 6,151 |
| Creditors | -669 | -1,144 | 2,407 | 2,605 | -3,224 | 861 | -6,833 | 3,269 | 4,271 | -6,001 | -3,615 | 19,068 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | -1,508 | -1,753 | -1,499 | 4,760 | 0 | 0 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 0 | 0 | -11,331 | 4,288 | 1,075 | -7,466 | -6,181 | 807 | 7,555 | -4,914 | 3,087 | 13,080 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | -11,331 | 4,288 | 1,075 | -7,466 | -6,181 | 807 | 7,555 | -4,914 | 3,087 | 13,080 |
kev morgan rigging ltd. Credit Report and Business Information
Kev Morgan Rigging Ltd. Competitor Analysis
Perform a competitor analysis for kev morgan rigging ltd. by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in SG6 area or any other competitors across 12 key performance metrics.
kev morgan rigging ltd. Ownership
KEV MORGAN RIGGING LTD. group structure
Kev Morgan Rigging Ltd. has no subsidiary companies.
Ultimate parent company
KEV MORGAN RIGGING LTD.
07007337
kev morgan rigging ltd. directors
Kev Morgan Rigging Ltd. currently has 1 director, Mrs Catherine Morgan serving since Oct 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Catherine Morgan | 60 years | Oct 2021 | - | Director |
P&L
September 2021turnover
142.2k
+36%
operating profit
34.5k
0%
gross margin
14.4%
-14.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2021net assets
39.1k
+2.5%
total assets
50.1k
+1.19%
cash
0
0%
net assets
Total assets minus all liabilities
kev morgan rigging ltd. company details
company number
07007337
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
September 2009
age
15
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2021
previous names
N/A
accountant
-
auditor
-
address
17 paddock close, letchworth garden city, hertfordshire, SG6 1TB
Bank
-
Legal Advisor
-
kev morgan rigging ltd. 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 kev morgan rigging ltd..
kev morgan rigging ltd. 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 KEV MORGAN RIGGING LTD.. This can take several minutes, an email will notify you when this has completed.
kev morgan rigging ltd. Companies House Filings - See Documents
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