moorgate homes ltd
moorgate homes ltd Company Information
Company Number
09247761
Website
-Registered Address
solo house, the courtyard, london road, horsham, west sussex, RH12 1AT
Industry
Buying and selling of own real estate
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
ian poulsum 50%
wayne varney 25%
View Allmoorgate homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MOORGATE HOMES LTD at £418k based on a Turnover of £253.5k and 1.65x industry multiple (adjusted for size and gross margin).
moorgate homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MOORGATE HOMES LTD at £0 based on an EBITDA of £0 and a 4.05x industry multiple (adjusted for size and gross margin).
moorgate homes ltd Estimated Valuation
Pomanda estimates the enterprise value of MOORGATE HOMES LTD at £0 based on Net Assets of £-739.7k and 1.23x industry multiple (adjusted for liquidity).
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Moorgate Homes Ltd Overview
Moorgate Homes Ltd is a live company located in horsham, RH12 1AT with a Companies House number of 09247761. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2014, it's largest shareholder is ian poulsum with a 50% stake. Moorgate Homes Ltd is a established, micro sized company, Pomanda has estimated its turnover at £253.5k with high growth in recent years.
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Moorgate Homes Ltd Health Check
Pomanda's financial health check has awarded Moorgate Homes Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £253.5k, make it smaller than the average company (£864k)
- Moorgate Homes Ltd
£864k - Industry AVG
Growth
3 year (CAGR) sales growth of 26%, show it is growing at a faster rate (2.3%)
- Moorgate Homes Ltd
2.3% - Industry AVG
Production
with a gross margin of 26.3%, this company has a higher cost of product (69.3%)
- Moorgate Homes Ltd
69.3% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Moorgate Homes Ltd
- - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Moorgate Homes Ltd
4 - Industry AVG
Pay Structure
on an average salary of £37k, the company has an equivalent pay structure (£37k)
- Moorgate Homes Ltd
£37k - Industry AVG
Efficiency
resulting in sales per employee of £126.8k, this is less efficient (£188.3k)
- Moorgate Homes Ltd
£188.3k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (26 days)
- Moorgate Homes Ltd
26 days - Industry AVG
Creditor Days
its suppliers are paid after 1445 days, this is slower than average (31 days)
- Moorgate Homes Ltd
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Moorgate Homes Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Moorgate Homes Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 160913.5%, this is a higher level of debt than the average (64.3%)
160913.5% - Moorgate Homes Ltd
64.3% - Industry AVG
MOORGATE HOMES LTD financials
Moorgate Homes Ltd's latest turnover from October 2023 is estimated at £253.5 thousand and the company has net assets of -£739.7 thousand. According to their latest financial statements, Moorgate Homes Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 2,127,602 | 2,590,113 | 2,530,668 | 2,448,239 | 3,640,426 | 2,170,781 | 1,498,417 |
| Trade Debtors | 460 | 460 | 0 | 0 | 0 | 0 | 0 | 3,657 | 540 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 5,632 | 10,631 | 10,632 | 5,000 | 3,057 | 0 | 0 |
| Cash | 0 | 0 | 167 | 8,251 | 1,392 | 446 | 2,262 | 1,077 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 460 | 460 | 2,133,401 | 2,608,995 | 2,542,692 | 2,453,685 | 3,645,745 | 2,175,515 | 1,498,957 |
| total assets | 460 | 460 | 2,133,401 | 2,608,995 | 2,542,692 | 2,453,685 | 3,645,745 | 2,175,515 | 1,498,957 |
| Bank overdraft | 0 | 0 | 1,224,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 740,202 | 740,202 | 0 | 0 | 21,274 | 0 | 0 | 0 | 1,498,954 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 1,632,083 | 1,371,402 | 2,509,825 | 2,437,926 | 3,612,736 | 2,160,106 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 4,751 | 13,589 | 11,589 | 15,756 | 33,006 | 15,406 | 0 |
| total current liabilities | 740,202 | 740,202 | 2,860,834 | 1,384,991 | 2,542,688 | 2,453,682 | 3,645,742 | 2,175,512 | 1,498,954 |
| loans | 0 | 0 | 0 | 1,224,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 1,224,000 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 740,202 | 740,202 | 2,860,834 | 2,608,991 | 2,542,688 | 2,453,682 | 3,645,742 | 2,175,512 | 1,498,954 |
| net assets | -739,742 | -739,742 | -727,433 | 4 | 4 | 3 | 3 | 3 | 3 |
| total shareholders funds | -739,742 | -739,742 | -727,433 | 4 | 4 | 3 | 3 | 3 | 3 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||
| Stock | 0 | -2,127,602 | -462,511 | 59,445 | 82,429 | -1,192,187 | 1,469,645 | 672,364 | 1,498,417 |
| Debtors | 0 | -5,172 | -4,999 | -1 | 5,632 | 1,943 | -600 | 3,117 | 540 |
| Creditors | 0 | 740,202 | 0 | -21,274 | 21,274 | 0 | 0 | -1,498,954 | 1,498,954 |
| Accruals and Deferred Income | 0 | -4,751 | -8,838 | 2,000 | -4,167 | -17,250 | 17,600 | 15,406 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | -1,632,083 | 260,681 | -1,138,423 | 71,899 | -1,174,810 | 1,452,630 | 2,160,106 | 0 |
| Long term loans | 0 | 0 | -1,224,000 | 1,224,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | -167 | -8,084 | 6,859 | 946 | -1,816 | 1,185 | 1,077 | 0 |
| overdraft | 0 | -1,224,000 | 1,224,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 1,223,833 | -1,232,084 | 6,859 | 946 | -1,816 | 1,185 | 1,077 | 0 |
moorgate homes ltd Credit Report and Business Information
Moorgate Homes Ltd Competitor Analysis
Perform a competitor analysis for moorgate homes ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in RH12 area or any other competitors across 12 key performance metrics.
moorgate homes ltd Ownership
MOORGATE HOMES LTD group structure
Moorgate Homes Ltd has no subsidiary companies.
Ultimate parent company
MOORGATE HOMES LTD
09247761
moorgate homes ltd directors
Moorgate Homes Ltd currently has 3 directors. The longest serving directors include Mr Ian Poulsum (Oct 2014) and Lee Casselman (Oct 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ian Poulsum | England | 55 years | Oct 2014 | - | Director |
| Lee Casselman | United Kingdom | 56 years | Oct 2014 | - | Director |
| Mr Wayne Varney | England | 56 years | Jul 2022 | - | Director |
P&L
October 2023turnover
253.5k
+1%
operating profit
0
0%
gross margin
26.3%
-2.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
-739.7k
0%
total assets
460
0%
cash
0
0%
net assets
Total assets minus all liabilities
moorgate homes ltd company details
company number
09247761
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
incorporation date
October 2014
age
10
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
solo house, the courtyard, london road, horsham, west sussex, RH12 1AT
accountant
-
auditor
-
moorgate homes ltd 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 9 charges/mortgages relating to moorgate homes ltd. Currently there are 2 open charges and 7 have been satisfied in the past.
moorgate homes ltd Companies House Filings - See Documents
| date | description | view/download |
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