mortons travel limited

4.5

mortons travel limited Company Information

Share MORTONS TRAVEL LIMITED
Live 
EstablishedSmallHealthy

Company Number

07922241

Registered Address

national express house, birmingham coach station, mill l, birmingham, B5 6DD

Industry

Other passenger land transport n.e.c.

 

Telephone

01256889082

Next Accounts Due

181 days late

Group Structure

View All

Directors

Thomas Stables4 Years

Simon Callander0 Years

View All

Shareholders

lucketts holdings limited 100%

mortons travel limited Estimated Valuation

£466.1k

Pomanda estimates the enterprise value of MORTONS TRAVEL LIMITED at £466.1k based on a Turnover of £2.1m and 0.22x industry multiple (adjusted for size and gross margin).

mortons travel limited Estimated Valuation

£4.1m

Pomanda estimates the enterprise value of MORTONS TRAVEL LIMITED at £4.1m based on an EBITDA of £1m and a 4.04x industry multiple (adjusted for size and gross margin).

mortons travel limited Estimated Valuation

£2.9m

Pomanda estimates the enterprise value of MORTONS TRAVEL LIMITED at £2.9m based on Net Assets of £1.9m and 1.55x industry multiple (adjusted for liquidity).

Valuation Calculator
This valuation is estimated based on financial data from December 2021 

Mortons Travel Limited AI Business Plan

In just minutes, we combine Pomanda’s company and industry data with cutting edge Artificial Intelligence to build a comprehensive 27 section business plan. You then have 60 days to tailor the information, decide which sections to include or exclude, and add your own branding logos, images and color scheme to create your perfect plan.

View Sample

Mortons Travel Limited Overview

Mortons Travel Limited is a live company located in birmingham, B5 6DD with a Companies House number of 07922241. It operates in the other passenger land transport sector, SIC Code 49390. Founded in January 2012, it's largest shareholder is lucketts holdings limited with a 100% stake. Mortons Travel Limited is a established, small sized company, Pomanda has estimated its turnover at £2.1m with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Mortons Travel Limited Health Check

Pomanda's financial health check has awarded Mortons Travel Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £2.1m, make it larger than the average company (£1m)

£2.1m - Mortons Travel Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 5%, show it is growing at a faster rate (-4.3%)

5% - Mortons Travel Limited

-4.3% - Industry AVG

production

Production

with a gross margin of 20.4%, this company has a comparable cost of product (20.4%)

20.4% - Mortons Travel Limited

20.4% - Industry AVG

profitability

Profitability

an operating margin of 26.7% make it more profitable than the average company (1.5%)

26.7% - Mortons Travel Limited

1.5% - Industry AVG

employees

Employees

with 26 employees, this is below the industry average (34)

26 - Mortons Travel Limited

34 - Industry AVG

paystructure

Pay Structure

on an average salary of £38.4k, the company has a higher pay structure (£22.5k)

£38.4k - Mortons Travel Limited

£22.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £80.2k, this is more efficient (£39.7k)

£80.2k - Mortons Travel Limited

£39.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 19 days, this is near the average (21 days)

19 days - Mortons Travel Limited

21 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 8 days, this is quicker than average (17 days)

8 days - Mortons Travel Limited

17 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 4 days, this is less than average (8 days)

4 days - Mortons Travel Limited

8 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (53 weeks)

21 weeks - Mortons Travel Limited

53 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 51%, this is a higher level of debt than the average (45.7%)

51% - Mortons Travel Limited

45.7% - Industry AVG

mortons travel limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for mortons travel limited. Get real-time insights into mortons travel limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Mortons Travel Limited Competitor Analysis

BETA
competitor_analysis_table_img

Perform a competitor analysis for mortons travel limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.

mortons travel limited Ownership

MORTONS TRAVEL LIMITED group structure

Mortons Travel Limited has no subsidiary companies.

Ultimate parent company

2 parents

MORTONS TRAVEL LIMITED

07922241

MORTONS TRAVEL LIMITED Shareholders

lucketts holdings limited 100%

mortons travel limited directors

Mortons Travel Limited currently has 5 directors. The longest serving directors include Mr Thomas Stables (Feb 2020) and Mr Simon Callander (Aug 2023).

officercountryagestartendrole
Mr Thomas StablesEngland51 years Feb 2020- Director
Mr Simon CallanderEngland56 years Aug 2023- Director
Mr Neil McEwanEngland47 years Aug 2023- Director
Mr Neil MilesEngland54 years Oct 2023- Director
Mrs Alexandra JensenUnited Kingdom54 years Oct 2023- Director

MORTONS TRAVEL LIMITED financials

EXPORTms excel logo

Mortons Travel Limited's latest turnover from December 2021 is £2.1 million and the company has net assets of £1.9 million. According to their latest financial statements, Mortons Travel Limited has 26 employees and maintains cash reserves of £273.7 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2021Dec 2020Aug 2019Aug 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Turnover2,085,5882,552,1381,710,0091,805,9923,437,8463,662,71310,236,66011,887,28310,776,959
Other Income Or Grants000000000
Cost Of Sales1,660,7022,001,6451,328,4751,349,2552,430,6882,592,2537,191,8208,188,4347,573,284
Gross Profit424,886550,493381,533456,7381,007,1571,070,4593,044,8403,698,8493,203,675
Admin Expenses-132,7081,675,6122,365292,780616,144391,2172,374,5033,166,9412,957,401
Operating Profit557,594-1,125,119379,168163,958391,013679,242670,337531,908246,274
Interest Payable22,69240,9930000000
Interest Receivable4584,1464,1111,4161,9181,3851,190455
Pre-Tax Profit534,906-1,166,054383,314168,069392,429681,160671,722533,099246,729
Tax-146,778198,093-72,830-31,933-78,486-136,232-141,062-122,613-59,215
Profit After Tax388,128-967,961310,484136,136313,943544,928530,660410,486187,514
Dividends Paid000000000
Retained Profit388,128-967,961310,484136,136313,943544,928530,660410,486187,514
Employee Costs998,1921,184,765708,900744,094787,7451,623,2184,474,1505,249,8094,874,832
Number Of Employees263639434898275328308
EBITDA*1,014,494-449,774839,116873,964848,5251,066,7161,030,583874,680554,907

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2021Dec 2020Aug 2019Aug 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Tangible Assets2,224,3822,846,7012,592,1793,029,8242,867,9482,401,1992,242,7292,271,4942,153,743
Intangible Assets0000223,479268,175312,871357,566402,262
Investments & Other000000000
Debtors (Due After 1 year)000000000
Total Fixed Assets2,224,3822,846,7012,592,1793,029,8243,091,4272,669,3742,555,6002,629,0602,556,005
Stock & work in progress19,34337,89267,91835,00000000
Trade Debtors110,95663,45299,454162,643274,583316,138312,507309,834288,981
Group Debtors925,1991,549,378885,448622,79200000
Misc Debtors229,18188,43456,968112,39596,52562,615000
Cash273,659151,215634,719470,903625,286507,269259,851294,154182,040
misc current assets000000000
total current assets1,558,3381,890,3711,744,5071,403,733996,394886,022572,358603,988471,021
total assets3,782,7204,737,0724,336,6864,433,5574,087,8213,555,3963,127,9583,233,0483,027,026
Bank overdraft000000000
Bank loan000000000
Trade Creditors 36,810206,56589,93447,500278,94567,2771,296,3221,873,9641,768,148
Group/Directors Accounts239,8461,187,890038000000
other short term finances000000000
hp & lease commitments67,98566,108436,572540,204319,327317,958000
other current liabilities312,832260,294268,147189,816444,499791,467000
total current liabilities657,4731,720,857794,653777,9001,042,7711,176,7021,296,3221,873,9641,768,148
loans000000000
hp & lease commitments705,673773,659907,3331,305,257805,916705,096000
Accruals and Deferred Income000000000
other liabilities000000702,966761,0741,071,354
provisions565,156776,266200,449226,633251,5930000
total long term liabilities1,270,8291,549,9251,107,7821,531,8901,057,509705,096702,966761,0741,071,354
total liabilities1,928,3023,270,7821,902,4352,309,7902,100,2801,881,7981,999,2882,635,0382,839,502
net assets1,854,4181,466,2902,434,2512,123,7671,987,5411,673,5981,128,670598,010187,524
total shareholders funds1,854,4181,466,2902,434,2512,123,7671,987,5411,673,5981,128,670598,010187,524
Dec 2021Dec 2020Aug 2019Aug 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013
Operating Activities
Operating Profit557,594-1,125,119379,168163,958391,013679,242670,337531,908246,274
Depreciation456,900675,345459,948665,310412,816342,778315,551298,076263,937
Amortisation00044,69644,69644,69644,69544,69644,696
Tax-146,778198,093-72,830-31,933-78,486-136,232-141,062-122,613-59,215
Stock-18,549-30,02632,91835,00000000
Debtors-435,928659,394144,040526,722-7,64566,2462,67320,853288,981
Creditors-169,755116,63142,434-231,445211,668-1,229,045-577,642105,8161,768,148
Accruals and Deferred Income52,538-7,85378,331-254,683-346,968791,467000
Deferred Taxes & Provisions-211,110575,817-26,184-24,960251,5930000
Cash flow from operations993,866-196,454683,909-230,779893,977426,660309,206837,0301,974,859
Investing Activities
capital expenditure165,419-929,867-22,303-648,403-879,565-501,248-286,786-415,827-2,864,638
Change in Investments000000000
cash flow from investments165,419-929,867-22,303-648,403-879,565-501,248-286,786-415,827-2,864,638
Financing Activities
Bank loans000000000
Group/Directors Accounts-948,0441,187,890-38038000000
Other Short Term Loans 000000000
Long term loans000000000
Hire Purchase and Lease Commitments-66,109-504,138-501,556720,218102,1891,023,054000
other long term liabilities00000-702,966-58,108-310,2801,071,354
share issue00090000010
interest-22,688-40,9354,1464,1111,4161,9181,3851,190455
cash flow from financing-1,036,841642,817-497,790724,799103,605322,006-56,723-309,0901,071,819
cash and cash equivalents
cash122,444-483,504163,816-154,383118,017247,418-34,303112,114182,040
overdraft000000000
change in cash122,444-483,504163,816-154,383118,017247,418-34,303112,114182,040

P&L

December 2021

turnover

2.1m

-18%

operating profit

557.6k

-150%

gross margin

20.4%

-5.55%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2021

net assets

1.9m

+0.26%

total assets

3.8m

-0.2%

cash

273.7k

+0.81%

net assets

Total assets minus all liabilities

mortons travel limited company details

company number

07922241

Type

Private limited with Share Capital

industry

49390 - Other passenger land transport n.e.c.

incorporation date

January 2012

age

12

accounts

Full Accounts

ultimate parent company

previous names

N/A

incorporated

UK

address

national express house, birmingham coach station, mill l, birmingham, B5 6DD

last accounts submitted

December 2021

mortons travel 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 mortons travel limited. Currently there are 0 open charges and 2 have been satisfied in the past.

charges

mortons travel limited Companies House Filings - See Documents

datedescriptionview/download