morgan credit energy wales limited
morgan credit energy wales limited Company Information
Company Number
07261843
Website
-Registered Address
one new street, wells, somerset, BA5 2LA
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
morgan credit ltd 100%
morgan credit energy wales limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN CREDIT ENERGY WALES LIMITED at £1.9m based on a Turnover of £4.4m and 0.43x industry multiple (adjusted for size and gross margin).
morgan credit energy wales limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN CREDIT ENERGY WALES LIMITED at £0 based on an EBITDA of £-52 and a 3.38x industry multiple (adjusted for size and gross margin).
morgan credit energy wales limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN CREDIT ENERGY WALES LIMITED at £0 based on Net Assets of £-91.4k and 2.27x industry multiple (adjusted for liquidity).
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Morgan Credit Energy Wales Limited Overview
Morgan Credit Energy Wales Limited is a live company located in somerset, BA5 2LA with a Companies House number of 07261843. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 2010, it's largest shareholder is morgan credit ltd with a 100% stake. Morgan Credit Energy Wales Limited is a established, small sized company, Pomanda has estimated its turnover at £4.4m with healthy growth in recent years.
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Morgan Credit Energy Wales Limited Health Check
Pomanda's financial health check has awarded Morgan Credit Energy Wales Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £4.4m, make it larger than the average company (£3.6m)
- Morgan Credit Energy Wales Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a faster rate (4.9%)
- Morgan Credit Energy Wales Limited
4.9% - Industry AVG
Production
with a gross margin of 17%, this company has a higher cost of product (37.7%)
- Morgan Credit Energy Wales Limited
37.7% - Industry AVG
Profitability
an operating margin of 0% make it less profitable than the average company (6.1%)
- Morgan Credit Energy Wales Limited
6.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (23)
3 - Morgan Credit Energy Wales Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.8k, the company has an equivalent pay structure (£47.8k)
- Morgan Credit Energy Wales Limited
£47.8k - Industry AVG
Efficiency
resulting in sales per employee of £1.5m, this is more efficient (£152k)
- Morgan Credit Energy Wales Limited
£152k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (40 days)
- Morgan Credit Energy Wales Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 159 days, this is slower than average (31 days)
- Morgan Credit Energy Wales Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morgan Credit Energy Wales Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Morgan Credit Energy Wales Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 106%, this is a higher level of debt than the average (60.9%)
106% - Morgan Credit Energy Wales Limited
60.9% - Industry AVG
MORGAN CREDIT ENERGY WALES LIMITED financials
Morgan Credit Energy Wales Limited's latest turnover from July 2023 is estimated at £4.4 million and the company has net assets of -£91.4 thousand. According to their latest financial statements, Morgan Credit Energy Wales Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 523 | 1,047 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 0 | 523 | 1,047 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1,526,532 | 1,541,607 | 1,594,743 | 1,316,696 | 1,320,844 | 1,277,391 | 1,235,504 | 1,221,042 | 1,132,989 | 1,016,000 | 911,171 | 740,605 | 14,540 |
| Group Debtors | 0 | 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 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 19,262 | 80 | 701 | 12,163 | 8,286 | 81,452 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,526,532 | 1,541,607 | 1,594,743 | 1,316,696 | 1,320,844 | 1,277,391 | 1,235,526 | 1,240,304 | 1,133,069 | 1,016,701 | 923,334 | 748,891 | 95,992 |
| total assets | 1,526,532 | 1,542,130 | 1,595,790 | 1,316,696 | 1,320,844 | 1,277,391 | 1,235,526 | 1,240,304 | 1,133,069 | 1,016,701 | 923,334 | 748,891 | 95,992 |
| Bank overdraft | 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 |
| Trade Creditors | 1,614,134 | 1,627,848 | 1,679,966 | 1,259,293 | 1,273,042 | 1,205,124 | 1,188,211 | 1,195,624 | 1,089,086 | 977,199 | 888,034 | 719,821 | 536,548 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 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 | 0 |
| total current liabilities | 1,614,134 | 1,627,848 | 1,679,966 | 1,259,293 | 1,273,042 | 1,205,124 | 1,188,211 | 1,195,624 | 1,089,086 | 977,199 | 888,034 | 719,821 | 536,548 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 3,716 | 2,355 | 27,138 | 2,530 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 3,767 | 5,599 | 7,575 | 8,234 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,767 | 5,599 | 7,575 | 11,950 | 2,355 | 27,138 | 2,530 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,617,901 | 1,633,447 | 1,687,541 | 1,271,243 | 1,275,397 | 1,232,262 | 1,190,741 | 1,195,624 | 1,089,086 | 977,199 | 888,034 | 719,821 | 536,548 |
| net assets | -91,369 | -91,317 | -91,751 | 45,453 | 45,447 | 45,129 | 44,785 | 44,680 | 43,983 | 39,502 | 35,300 | 29,070 | -440,556 |
| total shareholders funds | -91,369 | -91,317 | -91,751 | 45,453 | 45,447 | 45,129 | 44,785 | 44,680 | 43,983 | 39,502 | 35,300 | 29,070 | -440,556 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -15,075 | -53,136 | 278,047 | -4,148 | 43,453 | 41,887 | 14,462 | 88,053 | 116,989 | 104,829 | 170,566 | 726,065 | 14,540 |
| Creditors | -13,714 | -52,118 | 420,673 | -13,749 | 67,918 | 16,913 | -7,413 | 106,538 | 111,887 | 89,165 | 168,213 | 183,273 | 536,548 |
| Accruals and Deferred Income | 0 | 0 | -3,716 | 1,361 | -24,783 | 24,608 | 2,530 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 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 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 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 | 0 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -1,832 | -1,976 | -659 | 8,234 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | -22 | -19,240 | 19,182 | -621 | -11,462 | 3,877 | -73,166 | 81,452 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | -22 | -19,240 | 19,182 | -621 | -11,462 | 3,877 | -73,166 | 81,452 |
morgan credit energy wales limited Credit Report and Business Information
Morgan Credit Energy Wales Limited Competitor Analysis
Perform a competitor analysis for morgan credit energy wales limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
morgan credit energy wales limited Ownership
MORGAN CREDIT ENERGY WALES LIMITED group structure
Morgan Credit Energy Wales Limited has no subsidiary companies.
Ultimate parent company
MORGAN CREDIT LTD
#0049344
1 parent
MORGAN CREDIT ENERGY WALES LIMITED
07261843
morgan credit energy wales limited directors
Morgan Credit Energy Wales Limited currently has 4 directors. The longest serving directors include Mrs Susan Bryant (Jul 2010) and Mr Keith Bryant (Jul 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Susan Bryant | 60 years | Jul 2010 | - | Director | |
| Mr Keith Bryant | 62 years | Jul 2010 | - | Director | |
| Mr Bryant Keith Ralph | Wales | 62 years | Feb 2011 | - | Director |
| Mr Ramez Sawabini | Kingdom Of Bahrain | 68 years | May 2015 | - | Director |
P&L
July 2023turnover
4.4m
+9%
operating profit
-52
0%
gross margin
17%
+0.05%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
July 2023net assets
-91.4k
0%
total assets
1.5m
-0.01%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
morgan credit energy wales limited company details
company number
07261843
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 2010
age
14
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
one new street, wells, somerset, BA5 2LA
last accounts submitted
July 2023
morgan credit energy wales 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 credit energy wales limited.
morgan credit energy wales limited Companies House Filings - See Documents
| date | description | view/download |
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