more group (accounting) limited

more group (accounting) limited Company Information

Share MORE GROUP (ACCOUNTING) LIMITED
Live 
EstablishedSmallDeclining

Company Number

08282882

Industry

Accounting, and auditing activities

 

Shareholders

more group london limited

Group Structure

View All

Contact

Registered Address

65 compton street, london, EC1V 0BN

more group (accounting) limited Estimated Valuation

£865.6k

Pomanda estimates the enterprise value of MORE GROUP (ACCOUNTING) LIMITED at £865.6k based on a Turnover of £941.3k and 0.92x industry multiple (adjusted for size and gross margin).

more group (accounting) limited Estimated Valuation

£302.5k

Pomanda estimates the enterprise value of MORE GROUP (ACCOUNTING) LIMITED at £302.5k based on an EBITDA of £49.5k and a 6.12x industry multiple (adjusted for size and gross margin).

more group (accounting) limited Estimated Valuation

£450.6k

Pomanda estimates the enterprise value of MORE GROUP (ACCOUNTING) LIMITED at £450.6k based on Net Assets of £149.9k and 3.01x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

More Group (accounting) Limited Overview

More Group (accounting) Limited is a live company located in london, EC1V 0BN with a Companies House number of 08282882. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in November 2012, it's largest shareholder is more group london limited with a 100% stake. More Group (accounting) Limited is a established, small sized company, Pomanda has estimated its turnover at £941.3k with declining growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

More Group (accounting) Limited Health Check

Pomanda's financial health check has awarded More Group (Accounting) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £941.3k, make it larger than the average company (£139.3k)

£941.3k - More Group (accounting) Limited

£139.3k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -11%, show it is growing at a slower rate (7.9%)

-11% - More Group (accounting) Limited

7.9% - Industry AVG

production

Production

with a gross margin of 72.1%, this company has a comparable cost of product (72.1%)

72.1% - More Group (accounting) Limited

72.1% - Industry AVG

profitability

Profitability

an operating margin of -1.9% make it less profitable than the average company (14.4%)

-1.9% - More Group (accounting) Limited

14.4% - Industry AVG

employees

Employees

with 11 employees, this is above the industry average (3)

11 - More Group (accounting) Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £22.8k, the company has an equivalent pay structure (£22.8k)

£22.8k - More Group (accounting) Limited

£22.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £85.6k, this is equally as efficient (£76.3k)

£85.6k - More Group (accounting) Limited

£76.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 106 days, this is near the average (93 days)

106 days - More Group (accounting) Limited

93 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 60 days, this is slower than average (24 days)

60 days - More Group (accounting) Limited

24 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - More Group (accounting) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (19 weeks)

0 weeks - More Group (accounting) Limited

19 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 76.2%, this is a higher level of debt than the average (57.9%)

76.2% - More Group (accounting) Limited

57.9% - Industry AVG

MORE GROUP (ACCOUNTING) LIMITED financials

EXPORTms excel logo

More Group (Accounting) Limited's latest turnover from December 2023 is estimated at £941.3 thousand and the company has net assets of £149.9 thousand. According to their latest financial statements, More Group (Accounting) Limited has 11 employees and maintains cash reserves of £8.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Turnover941,2921,151,4491,083,5331,327,1361,488,9331,370,3681,206,9491,771,2763,065,1848,9289,798
Other Income Or Grants00000000000
Cost Of Sales263,000382,871376,676443,315246,606197,36982,247121,273361,4331,2081,309
Gross Profit678,292768,578706,858883,8211,242,3271,172,9991,124,7031,650,0032,703,7517,7208,488
Admin Expenses696,201772,019679,535928,5621,253,3561,239,2891,081,9121,569,3222,658,2017,7319,029
Operating Profit-17,909-3,44127,323-44,741-11,029-66,29042,79180,68145,550-11-541
Interest Payable4,3234,1783,0241,5250000000
Interest Receivable473507532020437629420226744
Pre-Tax Profit-21,759-7,11224,352-46,246-10,825-65,91443,08580,88345,816-7-537
Tax00-4,627000-8,186-16,176-9,16300
Profit After Tax-21,759-7,11219,725-46,246-10,825-65,91434,89964,70636,653-7-537
Dividends Paid00000000000
Retained Profit-21,759-7,11219,725-46,246-10,825-65,91434,89964,70636,653-7-537
Employee Costs250,894256,872225,850239,190243,939600,889515,060839,6851,641,07631,96132,419
Number Of Employees11111011112322304911
EBITDA*49,4583,92737,556-33,9033,954-53,86852,84982,54947,106-11-541

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Tangible Assets55,41964,45373,12366,63568,24781,93589,9794,0484,66800
Intangible Assets240,000300,000000000000
Investments & Other620620610010010010010010000
Debtors (Due After 1 year)00000000000
Total Fixed Assets295,425364,65973,32966,73568,34782,03590,0794,1484,76800
Stock & work in progress00000000000
Trade Debtors274,804377,615373,868423,829490,025351,222288,160334,789499,0371,3001,300
Group Debtors000000001,21300
Misc Debtors50,13281,26534,63918,84158,950109,83696,32896,32793,38900
Cash8,5319,49719,47122,53916,89437,50562,87254,873106,523791,402
misc current assets00000000000
total current assets333,467468,377427,978465,209565,869498,563447,360485,989700,1621,3792,702
total assets628,892833,036501,307531,944634,216580,598537,439490,137704,9301,3792,702
Bank overdraft5,5565,5565,5563,2410000000
Bank loan00000000000
Trade Creditors 43,68456,43470,39684,58353,33628,22382,18383,71450,1961,8233,139
Group/Directors Accounts63,49957,9492,39232,428167,80400012,54400
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities336,152445,782349,205352,104354,001482,475319,442305,508605,98100
total current liabilities448,891565,721427,549472,356575,141510,698401,625389,222668,7211,8233,139
loans30,09335,64841,20446,7590000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000000000
total long term liabilities30,09335,64841,20446,7590000000
total liabilities478,984601,369468,753519,115575,141510,698401,625389,222668,7211,8233,139
net assets149,908231,66732,55412,82959,07569,900135,814100,91536,209-444-437
total shareholders funds149,908231,66732,55412,82959,07569,900135,814100,91536,209-444-437
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit-17,909-3,44127,323-44,741-11,029-66,29042,79180,68145,550-11-541
Depreciation7,3677,36810,23310,83814,98312,42210,0581,8681,55600
Amortisation60,0000000000000
Tax00-4,627000-8,186-16,176-9,16300
Stock00000000000
Debtors-133,94450,373-34,163-106,30587,91776,570-46,628-162,523592,33901,300
Creditors-12,750-13,962-14,18731,24725,113-53,960-1,53133,51848,373-1,3163,139
Accruals and Deferred Income-109,63096,577-2,899-1,897-128,474163,03313,934-300,473605,98100
Deferred Taxes & Provisions00000000000
Cash flow from operations61,02236,16950,006101,752-187,324-21,365103,694-38,05999,958-1,3271,298
Investing Activities
capital expenditure1,667-298,698-16,721-9,226-1,295-4,378-95,989-1,248-6,22400
Change in Investments-20001060000010000
cash flow from investments1,867-298,698-16,827-9,226-1,295-4,378-95,989-1,248-6,32400
Financing Activities
Bank loans00000000000
Group/Directors Accounts5,55055,557-30,036-135,376167,80400-12,54412,54400
Other Short Term Loans 00000000000
Long term loans-5,555-5,556-5,55546,7590000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue-60,000206,22500000000100
interest-3,850-3,671-2,971-1,50520437629420226744
cash flow from financing-63,855252,555-38,562-90,122168,008376294-12,34212,8114104
cash and cash equivalents
cash-966-9,974-3,0685,645-20,611-25,3677,999-51,650106,444-1,3231,402
overdraft002,3153,2410000000
change in cash-966-9,974-5,3832,404-20,611-25,3677,999-51,650106,444-1,3231,402

more group (accounting) 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 more group (accounting) limited. Get real-time insights into more group (accounting) 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

More Group (accounting) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for more group (accounting) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC1V area or any other competitors across 12 key performance metrics.

more group (accounting) limited Ownership

MORE GROUP (ACCOUNTING) LIMITED group structure

More Group (Accounting) Limited has 2 subsidiary companies.

Ultimate parent company

1 parent

MORE GROUP (ACCOUNTING) LIMITED

08282882

2 subsidiaries

MORE GROUP (ACCOUNTING) LIMITED Shareholders

more group london limited 100%

more group (accounting) limited directors

More Group (Accounting) Limited currently has 2 directors. The longest serving directors include Mr Daniel Mould (Oct 2013) and Mr Michael Conroy (Apr 2017).

officercountryagestartendrole
Mr Daniel MouldUnited Kingdom40 years Oct 2013- Director
Mr Michael ConroyUnited Kingdom47 years Apr 2017- Director

P&L

December 2023

turnover

941.3k

-18%

operating profit

-17.9k

0%

gross margin

72.1%

+7.96%

turnover

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

Balance Sheet

December 2023

net assets

149.9k

-0.35%

total assets

628.9k

-0.25%

cash

8.5k

-0.1%

net assets

Total assets minus all liabilities

more group (accounting) limited company details

company number

08282882

Type

Private limited with Share Capital

industry

69201 - Accounting, and auditing activities

incorporation date

November 2012

age

12

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

more group accounting limited (January 2013)

accountant

-

auditor

-

address

65 compton street, london, EC1V 0BN

Bank

-

Legal Advisor

-

more group (accounting) 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 more group (accounting) limited.

more group (accounting) 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 MORE GROUP (ACCOUNTING) LIMITED. This can take several minutes, an email will notify you when this has completed.

more group (accounting) limited Companies House Filings - See Documents

datedescriptionview/download