mormor limited

Live (In Liquidation)EstablishedMicroDeclining

mormor limited Company Information

Share MORMOR LIMITED

Company Number

08318641

Directors

Sven Gray

Shareholders

sven bennie gray

executors of estate of reginald riton davis

Group Structure

View All

Industry

Activities of head offices

 

Registered Address

79 caroline street, birmingham, B3 1UP

mormor limited Estimated Valuation

£142

Pomanda estimates the enterprise value of MORMOR LIMITED at £142 based on a Turnover of £363 and 0.39x industry multiple (adjusted for size and gross margin).

mormor limited Estimated Valuation

£11.9m

Pomanda estimates the enterprise value of MORMOR LIMITED at £11.9m based on an EBITDA of £3.8m and a 3.1x industry multiple (adjusted for size and gross margin).

mormor limited Estimated Valuation

£24.9m

Pomanda estimates the enterprise value of MORMOR LIMITED at £24.9m based on Net Assets of £11.8m and 2.11x industry multiple (adjusted for liquidity).

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Mormor Limited Overview

Mormor Limited is a live company located in birmingham, B3 1UP with a Companies House number of 08318641. It operates in the activities of head offices sector, SIC Code 70100. Founded in December 2012, it's largest shareholder is sven bennie gray with a 100% stake. Mormor Limited is a established, micro sized company, Pomanda has estimated its turnover at £363.9 with declining growth in recent years.

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Mormor Limited Health Check

Pomanda's financial health check has awarded Mormor Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £363.9, make it smaller than the average company (£21.4m)

£363.9 - Mormor Limited

£21.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -98%, show it is growing at a slower rate (9.8%)

-98% - Mormor Limited

9.8% - Industry AVG

production

Production

with a gross margin of 19.6%, this company has a higher cost of product (33.6%)

19.6% - Mormor Limited

33.6% - Industry AVG

profitability

Profitability

an operating margin of 1050671.5% make it more profitable than the average company (6%)

1050671.5% - Mormor Limited

6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (115)

1 - Mormor Limited

115 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.7k, the company has an equivalent pay structure (£50.7k)

£50.7k - Mormor Limited

£50.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £363.9, this is less efficient (£204.3k)

£363.9 - Mormor Limited

£204.3k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 67 days, this is later than average (44 days)

67 days - Mormor Limited

44 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Mormor Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Mormor Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Mormor Limited

- - Industry AVG

debtlevel

Debt Level

There is insufficient data available for this Key Performance Indicator!

- - Mormor Limited

- - Industry AVG

MORMOR LIMITED financials

EXPORTms excel logo

Mormor Limited's latest turnover from September 2024 is estimated at £364 and the company has net assets of £11.8 million. According to their latest financial statements, we estimate that Mormor Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Dec 2015Dec 2014Dec 2013
Turnover36446,776,85245,585,66245,271,22746,997,04928,902,62790,02691,15429,212,40929,785,142
Other Income Or Grants
Cost Of Sales29238,096,46336,909,50637,306,02638,117,93823,589,27473,14474,31024,068,23824,711,659
Gross Profit718,680,3898,676,1567,965,2018,879,1125,313,35216,88216,8445,144,1715,073,483
Admin Expenses-3,822,9808,680,3898,676,1567,964,5848,881,0195,304,322-70-11,160,80336,1805,161,323-6,598,782
Operating Profit3,823,051617-1,9079,0307011,177,685-19,336-17,15211,672,265
Interest Payable2020
Interest Receivable21211
Pre-Tax Profit3,823,051617-1,9079,0105111,177,685-19,334-17,14011,672,277
Tax-955,763-117-1,712-10-2,235,537-2,684,624
Profit After Tax2,867,288500-1,9077,298418,942,148-19,334-17,1408,987,653
Dividends Paid
Retained Profit2,867,288500-1,9077,298418,942,148-19,334-17,1408,987,653
Employee Costs50,6715,405,4395,406,1415,622,6695,686,5653,512,73738,11836,8363,279,9853,415,619
Number Of Employees111412213613786119196
EBITDA*3,823,051617-1,9079,0307011,177,685-19,336-17,15211,672,265

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Dec 2015Dec 2014Dec 2013
Tangible Assets11,815,3018,0018,0018,0018,0018,001
Intangible Assets
Investments & Other8,0018,0018,0018,0018,000
Debtors (Due After 1 year)
Total Fixed Assets11,815,3018,0018,0018,0018,0018,0018,0018,0018,0018,0018,000
Stock & work in progress
Trade Debtors678,940,0798,940,0798,940,0798,940,0799,694,1199,830,2379,907,300
Group Debtors9,715,1209,716,1709,702,508
Misc Debtors1,166
Cash593703624,560
misc current assets
total current assets678,940,0798,940,0798,940,0798,940,0799,694,1199,715,1209,717,3959,702,8789,830,5999,911,860
total assets11,815,3688,948,0808,948,0808,948,0808,948,0809,702,1209,723,1219,725,3969,710,8799,838,6009,919,860
Bank overdraft600
Bank loan
Trade Creditors 752,133860,087924,207
Group/Directors Accounts2,8002,800747,406
other short term finances
hp & lease commitments
other current liabilities769,532772,4484,294
total current liabilities752,133772,932775,248751,700860,087924,207
loans
hp & lease commitments
Accruals and Deferred Income500500
other liabilities
provisions
total long term liabilities500500
total liabilities500752,633772,932775,248751,700860,087924,207
net assets11,815,3688,948,0808,948,0808,948,0808,947,5808,949,4878,950,1898,950,1488,959,1798,978,5138,995,653
total shareholders funds11,815,3688,948,0808,948,0808,948,0808,947,5808,949,4878,950,1898,950,1488,959,1798,978,5138,995,653
Sep 2024Sep 2023Sep 2022Sep 2021Sep 2020Mar 2019Mar 2018Mar 2017Dec 2015Dec 2014Dec 2013
Operating Activities
Operating Profit3,823,051617-1,9079,0307011,177,685-19,336-17,15211,672,265
Depreciation
Amortisation
Tax-955,763-117-1,712-10-2,235,537-2,684,624
Stock
Debtors-8,940,012-754,040-21,001-2,2169,717,336-127,729-77,0639,907,300
Creditors-752,133752,133-860,087-64,120924,207
Accruals and Deferred Income-500-769,032-2,916772,4484,294
Deferred Taxes & Provisions
Cash flow from operations11,807,30011,420-640-2,740-747,400-4,2094,548
Investing Activities
capital expenditure-11,807,300-8,001
Change in Investments-8,0018,00118,000
cash flow from investments-11,807,300-8,001-1-8,000
Financing Activities
Bank loans
Group/Directors Accounts-2,8002,800747,406
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-8,0008,0008,000
interest-20-2021211
cash flow from financing-10,820-2010,800747,408128,011
cash and cash equivalents
cash-59598-4,1984,560
overdraft-600600
change in cash600-659598-4,1984,560

mormor limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Mormor Limited Competitor Analysis

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Perform a competitor analysis for mormor limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in B 3 area or any other competitors across 12 key performance metrics.

mormor limited Ownership

MORMOR LIMITED group structure

Mormor Limited has 1 subsidiary company.

Ultimate parent company

MORMOR LIMITED

08318641

1 subsidiary

MORMOR LIMITED Shareholders

sven bennie gray 99.99%
executors of estate of reginald riton davis 0.01%

mormor limited directors

Mormor Limited currently has 1 director, Mr Sven Gray serving since May 2013.

officercountryagestartendrole
Mr Sven Gray89 years May 2013- Director

P&L

September 2024

turnover

363.9

-100%

operating profit

3.8m

0%

gross margin

19.7%

+5.83%

turnover

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

Balance Sheet

September 2024

net assets

11.8m

+0.32%

total assets

11.8m

+0.32%

cash

0

0%

net assets

Total assets minus all liabilities

mormor limited company details

company number

08318641

Type

Private limited with Share Capital

industry

70100 - Activities of head offices

incorporation date

December 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2024

previous names

N/A

accountant

-

auditor

-

address

79 caroline street, birmingham, B3 1UP

Bank

-

Legal Advisor

-

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

mormor 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.

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mormor limited Companies House Filings - See Documents

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