morsun properties limited

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morsun properties limited Company Information

Share MORSUN PROPERTIES LIMITED

Company Number

08497484

Directors

David Morris

Shareholders

david malcolm morris

dr david malcolm morris a/c lm

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Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

c/o dickinsons, brandon house, first floor, 90 the broadway, chesham, HP5 1EG

Website

-

morsun properties limited Estimated Valuation

£680k

Pomanda estimates the enterprise value of MORSUN PROPERTIES LIMITED at £680k based on a Turnover of £265.7k and 2.56x industry multiple (adjusted for size and gross margin).

morsun properties limited Estimated Valuation

£396.9k

Pomanda estimates the enterprise value of MORSUN PROPERTIES LIMITED at £396.9k based on an EBITDA of £78.4k and a 5.06x industry multiple (adjusted for size and gross margin).

morsun properties limited Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of MORSUN PROPERTIES LIMITED at £1.1m based on Net Assets of £650.5k and 1.71x industry multiple (adjusted for liquidity).

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Morsun Properties Limited Overview

Morsun Properties Limited is a live company located in chesham, HP5 1EG with a Companies House number of 08497484. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2013, it's largest shareholder is david malcolm morris with a 50.5% stake. Morsun Properties Limited is a established, micro sized company, Pomanda has estimated its turnover at £265.7k with declining growth in recent years.

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Morsun Properties Limited Health Check

Pomanda's financial health check has awarded Morsun Properties Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £265.7k, make it smaller than the average company (£922k)

£265.7k - Morsun Properties Limited

£922k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -8%, show it is growing at a slower rate (4.9%)

-8% - Morsun Properties Limited

4.9% - Industry AVG

production

Production

with a gross margin of 34.7%, this company has a higher cost of product (75.6%)

34.7% - Morsun Properties Limited

75.6% - Industry AVG

profitability

Profitability

an operating margin of 29.5% make it as profitable than the average company (29.5%)

29.5% - Morsun Properties Limited

29.5% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Morsun Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.5k, the company has an equivalent pay structure (£32.5k)

£32.5k - Morsun Properties Limited

£32.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £132.8k, this is less efficient (£178.7k)

£132.8k - Morsun Properties Limited

£178.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 57 days, this is later than average (30 days)

57 days - Morsun Properties Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 1188 days, this is slower than average (38 days)

1188 days - Morsun Properties Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Morsun Properties Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Morsun Properties Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 46.5%, this is a lower level of debt than the average (63.8%)

46.5% - Morsun Properties Limited

63.8% - Industry AVG

MORSUN PROPERTIES LIMITED financials

EXPORTms excel logo

Morsun Properties Limited's latest turnover from March 2024 is estimated at £265.7 thousand and the company has net assets of £650.5 thousand. According to their latest financial statements, Morsun Properties Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover265,672245,644366,022341,342373,77641,996113,60855,730127,143186,575195,895
Other Income Or Grants00000000000
Cost Of Sales173,500164,001246,963225,422249,78628,24675,33735,67384,898131,347137,762
Gross Profit92,17181,642119,059115,920123,99113,75038,27120,05742,24555,22858,133
Admin Expenses13,7245,61444,70641,964-31,009-64,916-35,088-37,976-13,32912,52212,236
Operating Profit78,44776,02874,35373,956155,00078,66673,35958,03355,57442,70645,897
Interest Payable00000000000
Interest Receivable000022234163330576180146
Pre-Tax Profit78,44776,02874,35373,956155,02278,90073,52258,36356,15042,88646,043
Tax-19,612-14,445-14,127-14,052-29,454-14,991-13,969-11,672-11,230-9,006-10,590
Profit After Tax58,83561,58360,22659,904125,56863,90959,55346,69044,92033,88035,453
Dividends Paid00000000000
Retained Profit58,83561,58360,22659,904125,56863,90959,55346,69044,92033,88035,453
Employee Costs64,99860,75559,08953,71754,78554,11552,35725,59026,24726,00024,811
Number Of Employees22222221111
EBITDA*78,44776,02874,35373,956155,24378,66673,52058,36655,83142,87846,069

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets1,171,8151,172,0531,171,3551,171,5781,171,8001,172,042237399731579,739579,911
Intangible Assets00000000000
Investments & Other0000001,171,2811,171,280413,92900
Debtors (Due After 1 year)00000000000
Total Fixed Assets1,171,8151,172,0531,171,3551,171,5781,171,8001,172,0421,171,5181,171,679414,660579,739579,911
Stock & work in progress00000000000
Trade Debtors42,04037,36881,36069,29756,0591004,0973,2952,256
Group Debtors00000000000
Misc Debtors1,4741,4581,4586746446346342,171000
Cash0000044,41817,93347,329216,62713,63858,314
misc current assets00000000000
total current assets43,51438,82682,81869,97156,70345,05318,56749,500220,72416,93360,570
total assets1,215,3291,210,8791,254,1731,241,5491,228,5031,217,0951,190,0851,221,179635,384596,672640,481
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 564,808619,193724,070771,672818,530000520,863527,217604,906
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000860,374897,4221,020,047000
total current liabilities564,808619,193724,070771,672818,530860,374897,4221,020,047520,863527,217604,906
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities00000000000
provisions00000194456714600
total long term liabilities00000194456714600
total liabilities564,808619,193724,070771,672818,530860,568897,4671,020,114521,009527,217604,906
net assets650,521591,686530,103469,877409,973356,527292,618201,065114,37569,45535,575
total shareholders funds650,521591,686530,103469,877409,973356,527292,618201,065114,37569,45535,575
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit78,44776,02874,35373,956155,00078,66673,35958,03355,57442,70645,897
Depreciation00002430161333257172172
Amortisation00000000000
Tax-19,612-14,445-14,127-14,052-29,454-14,991-13,969-11,672-11,230-9,006-10,590
Stock00000000000
Debtors4,688-43,99212,84713,26856,0681-1,537-1,9268021,0392,256
Creditors-54,385-104,877-47,602-46,858818,53000-520,863-6,354-77,689604,906
Accruals and Deferred Income0000-860,374-37,048-122,6251,020,047000
Deferred Taxes & Provisions0000-194149-22-7914600
Cash flow from operations-238698-223-22227,68326,775-61,559547,72537,591-44,856638,129
Investing Activities
capital expenditure238-698223222-1-1,171,8051-1578,7510-580,083
Change in Investments00000-1,171,2811757,351413,92900
cash flow from investments238-698223222-1-5240-757,352164,8220-580,083
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities00000000000
share issue0000-72,122032,00040,00000122
interest000022234163330576180146
cash flow from financing0000-72,10023432,16340,330576180268
cash and cash equivalents
cash0000-44,41826,485-29,396-169,298202,989-44,67658,314
overdraft00000000000
change in cash0000-44,41826,485-29,396-169,298202,989-44,67658,314

morsun properties 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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Morsun Properties Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for morsun properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HP5 area or any other competitors across 12 key performance metrics.

morsun properties limited Ownership

MORSUN PROPERTIES LIMITED group structure

Morsun Properties Limited has no subsidiary companies.

Ultimate parent company

MORSUN PROPERTIES LIMITED

08497484

MORSUN PROPERTIES LIMITED Shareholders

david malcolm morris 50.53%
dr david malcolm morris a/c lm 24.74%
dr david malcom morris a/c am 24.74%

morsun properties limited directors

Morsun Properties Limited currently has 1 director, Dr David Morris serving since Apr 2013.

officercountryagestartendrole
Dr David MorrisUnited Kingdom72 years Apr 2013- Director

P&L

March 2024

turnover

265.7k

+8%

operating profit

78.4k

0%

gross margin

34.7%

+4.39%

turnover

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

Balance Sheet

March 2024

net assets

650.5k

+0.1%

total assets

1.2m

0%

cash

0

0%

net assets

Total assets minus all liabilities

morsun properties limited company details

company number

08497484

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

April 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

churitsu limited (May 2013)

accountant

-

auditor

-

address

c/o dickinsons, brandon house, first floor, 90 the broadway, chesham, HP5 1EG

Bank

-

Legal Advisor

-

morsun properties 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 morsun properties limited.

morsun properties 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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morsun properties limited Companies House Filings - See Documents

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