morgan rose solicitors limited
morgan rose solicitors limited Company Information
Company Number
08719298
Website
www.morgan-rose.comRegistered Address
holborn gate 330 high holborn, london, WC1V 7QT
Industry
Solicitors
Telephone
02072422520
Next Accounts Due
December 2024
Group Structure
View All
Directors
Simon Rose11 Years
Shareholders
simon paul timothy rose 100%
morgan rose solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN ROSE SOLICITORS LIMITED at £856k based on a Turnover of £1.4m and 0.6x industry multiple (adjusted for size and gross margin).
morgan rose solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN ROSE SOLICITORS LIMITED at £397.4k based on an EBITDA of £105.4k and a 3.77x industry multiple (adjusted for size and gross margin).
morgan rose solicitors limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN ROSE SOLICITORS LIMITED at £79.1k based on Net Assets of £50.8k and 1.56x industry multiple (adjusted for liquidity).
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Morgan Rose Solicitors Limited Overview
Morgan Rose Solicitors Limited is a live company located in london, WC1V 7QT with a Companies House number of 08719298. It operates in the solicitors sector, SIC Code 69102. Founded in October 2013, it's largest shareholder is simon paul timothy rose with a 100% stake. Morgan Rose Solicitors Limited is a established, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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Morgan Rose Solicitors Limited Health Check
Pomanda's financial health check has awarded Morgan Rose Solicitors Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.4m, make it larger than the average company (£1.1m)
- Morgan Rose Solicitors Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (6.1%)
- Morgan Rose Solicitors Limited
6.1% - Industry AVG
Production
with a gross margin of 66.9%, this company has a comparable cost of product (66.9%)
- Morgan Rose Solicitors Limited
66.9% - Industry AVG
Profitability
an operating margin of 0.6% make it less profitable than the average company (10.1%)
- Morgan Rose Solicitors Limited
10.1% - Industry AVG
Employees
with 5 employees, this is below the industry average (19)
5 - Morgan Rose Solicitors Limited
19 - Industry AVG
Pay Structure
on an average salary of £34.9k, the company has an equivalent pay structure (£34.9k)
- Morgan Rose Solicitors Limited
£34.9k - Industry AVG
Efficiency
resulting in sales per employee of £287.3k, this is more efficient (£62.8k)
- Morgan Rose Solicitors Limited
£62.8k - Industry AVG
Debtor Days
it gets paid by customers after 130 days, this is later than average (57 days)
- Morgan Rose Solicitors Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 190 days, this is slower than average (31 days)
- Morgan Rose Solicitors Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morgan Rose Solicitors Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (32 weeks)
0 weeks - Morgan Rose Solicitors Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 94.8%, this is a higher level of debt than the average (47.4%)
94.8% - Morgan Rose Solicitors Limited
47.4% - Industry AVG
MORGAN ROSE SOLICITORS LIMITED financials
Morgan Rose Solicitors Limited's latest turnover from March 2023 is estimated at £1.4 million and the company has net assets of £50.8 thousand. According to their latest financial statements, Morgan Rose Solicitors Limited has 5 employees and maintains cash reserves of £885 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 5 | 5 | 6 | 6 | 8 | 9 | 10 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,052 | 0 | 7,912 | 33,010 | 39,792 | 77,585 | 40,096 | 58,402 | 78,762 | 0 |
| Intangible Assets | 96,429 | 192,857 | 289,286 | 385,714 | 482,143 | 578,571 | 771,429 | 964,286 | 1,157,143 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 98,481 | 192,857 | 297,198 | 418,724 | 521,935 | 656,156 | 811,525 | 1,022,688 | 1,235,905 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 192,086 | 0 |
| Trade Debtors | 513,450 | 693,636 | 326,217 | 429,925 | 575,729 | 89,825 | 126,057 | 52,217 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 364,834 | 344,933 | 554,803 | 353,933 | 446,989 | 688,685 | 593,268 | 432,910 | 0 | 0 |
| Cash | 885 | 240 | 240 | 103 | 12 | 1,620 | 12 | 35,012 | 62,780 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 879,169 | 1,038,809 | 881,260 | 783,961 | 1,022,730 | 780,130 | 719,337 | 520,139 | 254,866 | 0 |
| total assets | 977,650 | 1,231,666 | 1,178,458 | 1,202,685 | 1,544,665 | 1,436,286 | 1,530,862 | 1,542,827 | 1,490,771 | 0 |
| Bank overdraft | 0 | 64,670 | 77,491 | 57,674 | 69,367 | 68,868 | 62,542 | 20,989 | 0 | 0 |
| Bank loan | 85,882 | 130,000 | 80,578 | 73,405 | 94,714 | 0 | 87,652 | 0 | 0 | 0 |
| Trade Creditors | 247,820 | 281,450 | 209,589 | 228,575 | 172,229 | 85,229 | 48,482 | 12,952 | 238,182 | 0 |
| Group/Directors Accounts | 100,000 | 125,000 | 63,244 | 157,804 | 231,011 | 5,000 | 88,914 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 209,819 | 158,615 | 153,410 | 125,836 | 192,466 | 134,565 | 142,131 | 349,598 | 0 | 0 |
| total current liabilities | 643,521 | 759,735 | 584,312 | 643,294 | 759,787 | 293,662 | 429,721 | 383,539 | 238,182 | 0 |
| loans | 282,917 | 380,986 | 507,295 | 472,542 | 698,920 | 1,101,475 | 1,040,444 | 1,097,903 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,219,333 | 0 |
| provisions | 390 | 0 | 1,503 | 1,945 | 1,093 | 5,040 | 8,024 | 11,680 | 15,752 | 0 |
| total long term liabilities | 283,307 | 380,986 | 508,798 | 474,487 | 700,013 | 1,070,365 | 1,048,468 | 1,109,583 | 1,235,085 | 0 |
| total liabilities | 926,828 | 1,140,721 | 1,093,110 | 1,117,781 | 1,459,800 | 1,364,027 | 1,478,189 | 1,493,122 | 1,473,267 | 0 |
| net assets | 50,822 | 90,945 | 85,348 | 84,904 | 84,865 | 72,259 | 52,673 | 49,705 | 17,504 | 0 |
| total shareholders funds | 50,822 | 90,945 | 85,348 | 84,904 | 84,865 | 72,259 | 52,673 | 49,705 | 17,504 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 684 | 7,912 | 25,098 | 25,100 | 40,261 | 38,804 | 22,172 | 20,884 | 20,710 | |
| Amortisation | 96,428 | 96,429 | 96,428 | 96,429 | 96,428 | 192,858 | 192,857 | 192,857 | 192,857 | |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -192,086 | 192,086 | 0 |
| Debtors | -160,285 | 157,549 | 97,162 | -238,860 | 244,208 | 59,185 | 234,198 | 485,127 | 0 | 0 |
| Creditors | -33,630 | 71,861 | -18,986 | 56,346 | 87,000 | 36,747 | 35,530 | -225,230 | 238,182 | 0 |
| Accruals and Deferred Income | 51,204 | 5,205 | 27,574 | -66,630 | 57,901 | -7,566 | -207,467 | 349,598 | 0 | 0 |
| Deferred Taxes & Provisions | 390 | -1,503 | -442 | 852 | -3,947 | -2,984 | -3,656 | -4,072 | 15,752 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | -44,118 | 49,422 | 7,173 | -21,309 | 94,714 | -87,652 | 87,652 | 0 | 0 | 0 |
| Group/Directors Accounts | -25,000 | 61,756 | -94,560 | -73,207 | 226,011 | -83,914 | 88,914 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -98,069 | -126,309 | 34,753 | -226,378 | -402,555 | 61,031 | -57,459 | 1,097,903 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,219,333 | 1,219,333 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 645 | 0 | 137 | 91 | -1,608 | 1,608 | -35,000 | -27,768 | 62,780 | 0 |
| overdraft | -64,670 | -12,821 | 19,817 | -11,693 | 499 | 6,326 | 41,553 | 20,989 | 0 | 0 |
| change in cash | 65,315 | 12,821 | -19,680 | 11,784 | -2,107 | -4,718 | -76,553 | -48,757 | 62,780 | 0 |
morgan rose solicitors limited Credit Report and Business Information
Morgan Rose Solicitors Limited Competitor Analysis
Perform a competitor analysis for morgan rose solicitors limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in WC1V area or any other competitors across 12 key performance metrics.
morgan rose solicitors limited Ownership
MORGAN ROSE SOLICITORS LIMITED group structure
Morgan Rose Solicitors Limited has no subsidiary companies.
Ultimate parent company
MORGAN ROSE SOLICITORS LIMITED
08719298
morgan rose solicitors limited directors
Morgan Rose Solicitors Limited currently has 1 director, Mr Simon Rose serving since Oct 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Rose | 59 years | Oct 2013 | - | Director |
P&L
March 2023turnover
1.4m
-14%
operating profit
8.3k
0%
gross margin
67%
+5.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
50.8k
-0.44%
total assets
977.7k
-0.21%
cash
885
+2.69%
net assets
Total assets minus all liabilities
morgan rose solicitors limited company details
company number
08719298
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
October 2013
age
11
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
morgan rose partners limited (March 2014)
last accounts submitted
March 2023
address
holborn gate 330 high holborn, london, WC1V 7QT
accountant
RBS ACCOUNTANTS LIMITED
auditor
-
morgan rose solicitors 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 rose solicitors limited.
morgan rose solicitors limited Companies House Filings - See Documents
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