morrison spowart ltd
morrison spowart ltd Company Information
Company Number
09535742
Next Accounts
Aug 2025
Shareholders
robinson glynn limited
Group Structure
View All
Industry
Solicitors
Registered Address
191 - 193 rushey green catford, london, se64bd, SE6 4BD
Website
www.morrisonspowart.commorrison spowart ltd Estimated Valuation
Pomanda estimates the enterprise value of MORRISON SPOWART LTD at £2.1m based on a Turnover of £3.4m and 0.61x industry multiple (adjusted for size and gross margin).
morrison spowart ltd Estimated Valuation
Pomanda estimates the enterprise value of MORRISON SPOWART LTD at £2.5m based on an EBITDA of £679.2k and a 3.75x industry multiple (adjusted for size and gross margin).
morrison spowart ltd Estimated Valuation
Pomanda estimates the enterprise value of MORRISON SPOWART LTD at £4.3m based on Net Assets of £2.5m and 1.74x industry multiple (adjusted for liquidity).
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Morrison Spowart Ltd Overview
Morrison Spowart Ltd is a live company located in se64bd, SE6 4BD with a Companies House number of 09535742. It operates in the solicitors sector, SIC Code 69102. Founded in April 2015, it's largest shareholder is robinson glynn limited with a 100% stake. Morrison Spowart Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.4m with rapid growth in recent years.
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Morrison Spowart Ltd Health Check
Pomanda's financial health check has awarded Morrison Spowart Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 1 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
1 Weak
Size
annual sales of £3.4m, make it larger than the average company (£1.2m)
- Morrison Spowart Ltd
£1.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (6.4%)
- Morrison Spowart Ltd
6.4% - Industry AVG
Production
with a gross margin of 67.4%, this company has a comparable cost of product (67.4%)
- Morrison Spowart Ltd
67.4% - Industry AVG
Profitability
an operating margin of 19.9% make it more profitable than the average company (10%)
- Morrison Spowart Ltd
10% - Industry AVG
Employees
with 19 employees, this is similar to the industry average (17)
19 - Morrison Spowart Ltd
17 - Industry AVG
Pay Structure
on an average salary of £39.2k, the company has an equivalent pay structure (£39.2k)
- Morrison Spowart Ltd
£39.2k - Industry AVG
Efficiency
resulting in sales per employee of £177.2k, this is more efficient (£74.1k)
- Morrison Spowart Ltd
£74.1k - Industry AVG
Debtor Days
it gets paid by customers after 128 days, this is later than average (67 days)
- Morrison Spowart Ltd
67 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Morrison Spowart Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morrison Spowart Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 95 weeks, this is more cash available to meet short term requirements (22 weeks)
95 weeks - Morrison Spowart Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.2%, this is a lower level of debt than the average (52.9%)
6.2% - Morrison Spowart Ltd
52.9% - Industry AVG
MORRISON SPOWART LTD financials
Morrison Spowart Ltd's latest turnover from November 2023 is estimated at £3.4 million and the company has net assets of £2.5 million. According to their latest financial statements, Morrison Spowart Ltd has 19 employees and maintains cash reserves of £298.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 19 | 18 | 18 | 18 | 18 | 17 | 16 | 16 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 4,428 | 15,229 | 17,798 | 2,316 | 5,122 | 9,198 | 8,089 | 4,672 |
| Intangible Assets | 33,334 | 66,667 | ||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 4,428 | 15,229 | 17,798 | 2,316 | 5,122 | 9,198 | 41,423 | 71,339 |
| Stock & work in progress | ||||||||
| Trade Debtors | 1,184,544 | 1,113,743 | 931,240 | 140,599 | 593,308 | 728,200 | 778,368 | 728,546 |
| Group Debtors | 580,697 | |||||||
| Misc Debtors | 1,147,935 | 467,010 | 151,173 | 8,903 | 16,313 | 13,775 | 13,359 | 3,189 |
| Cash | 298,555 | 729,078 | 759,936 | 614,915 | 431,905 | 302,116 | 211,812 | 129,576 |
| misc current assets | ||||||||
| total current assets | 2,631,034 | 2,309,831 | 1,842,349 | 1,345,114 | 1,041,526 | 1,044,091 | 1,003,539 | 861,311 |
| total assets | 2,635,462 | 2,325,060 | 1,860,147 | 1,347,430 | 1,046,648 | 1,053,289 | 1,044,962 | 932,650 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 66,459 | 31,523 | 27,429 | 14,105 | 2,836 | 7,347 | 59,653 | |
| Group/Directors Accounts | 41,841 | 64,403 | 160,121 | 233,209 | ||||
| other short term finances | 18,152 | 57,891 | ||||||
| hp & lease commitments | ||||||||
| other current liabilities | 143,930 | 303,320 | 323,328 | 250,833 | 220,009 | 234,473 | 300,233 | 484,245 |
| total current liabilities | 162,082 | 369,779 | 354,851 | 320,103 | 298,517 | 397,430 | 540,789 | 601,789 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 578 | 3,244 | 4,117 | 131 | 597 | 1,153 | ||
| total long term liabilities | 578 | 3,244 | 4,117 | 131 | 597 | 1,153 | ||
| total liabilities | 162,660 | 373,023 | 358,968 | 320,234 | 299,114 | 398,583 | 540,789 | 601,789 |
| net assets | 2,472,802 | 1,952,037 | 1,501,179 | 1,027,196 | 747,534 | 654,706 | 504,173 | 330,861 |
| total shareholders funds | 2,472,802 | 1,952,037 | 1,501,179 | 1,027,196 | 747,534 | 654,706 | 504,173 | 330,861 |
| Nov 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 10,801 | 8,330 | 4,949 | 3,901 | 4,905 | 4,571 | 4,619 | 3,265 |
| Amortisation | 33,334 | 33,333 | 33,333 | |||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 751,726 | 498,340 | 352,214 | 120,578 | -132,354 | -49,752 | 59,992 | 731,735 |
| Creditors | -66,459 | 34,936 | 4,094 | 13,324 | 11,269 | -4,511 | -52,306 | 59,653 |
| Accruals and Deferred Income | -159,390 | -20,008 | 72,495 | 30,824 | -14,464 | -65,760 | -184,012 | 484,245 |
| Deferred Taxes & Provisions | -2,666 | -873 | 3,986 | -466 | -556 | 1,153 | ||
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -41,841 | -22,562 | -95,718 | -73,088 | 233,209 | |||
| Other Short Term Loans | 18,152 | -57,891 | 57,891 | |||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -430,523 | -30,858 | 145,021 | 183,010 | 129,789 | 90,304 | 82,236 | 129,576 |
| overdraft | ||||||||
| change in cash | -430,523 | -30,858 | 145,021 | 183,010 | 129,789 | 90,304 | 82,236 | 129,576 |
morrison spowart ltd Credit Report and Business Information
Morrison Spowart Ltd Competitor Analysis
Perform a competitor analysis for morrison spowart ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SE6 area or any other competitors across 12 key performance metrics.
morrison spowart ltd Ownership
MORRISON SPOWART LTD group structure
Morrison Spowart Ltd has no subsidiary companies.
Ultimate parent company
MORRISON SPOWART LTD
09535742
morrison spowart ltd directors
Morrison Spowart Ltd currently has 2 directors. The longest serving directors include Miss Kirsty Strouts (Jun 2023) and Ms Emma Sackville (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Miss Kirsty Strouts | United Kingdom | 48 years | Jun 2023 | - | Director |
| Ms Emma Sackville | United Kingdom | 58 years | Jun 2023 | - | Director |
P&L
November 2023turnover
3.4m
+27%
operating profit
668.4k
0%
gross margin
67.5%
-3.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
2.5m
+0.27%
total assets
2.6m
+0.13%
cash
298.6k
-0.59%
net assets
Total assets minus all liabilities
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morrison spowart ltd company details
company number
09535742
Type
Private limited with Share Capital
industry
69102 - Solicitors
incorporation date
April 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
191 - 193 rushey green catford, london, se64bd, SE6 4BD
Bank
-
Legal Advisor
-
morrison spowart 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 2 charges/mortgages relating to morrison spowart ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
morrison spowart ltd 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 MORRISON SPOWART LTD. This can take several minutes, an email will notify you when this has completed.
morrison spowart ltd Companies House Filings - See Documents
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