morgan reach limited
morgan reach limited Company Information
Company Number
09668929
Next Accounts
Dec 2024
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Directors
Shareholders
kamran hameed shaikh
amber shaikh
Group Structure
View All
Contact
Registered Address
morgan reach house, 136 hagley road, birmingham, west midlands, B16 9NX
Website
www.morganreach.commorgan reach limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN REACH LIMITED at £454.4k based on a Turnover of £535.4k and 0.85x industry multiple (adjusted for size and gross margin).
morgan reach limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN REACH LIMITED at £0 based on an EBITDA of £-20.2k and a 3.62x industry multiple (adjusted for size and gross margin).
morgan reach limited Estimated Valuation
Pomanda estimates the enterprise value of MORGAN REACH LIMITED at £35.3k based on Net Assets of £28k and 1.26x industry multiple (adjusted for liquidity).
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Morgan Reach Limited Overview
Morgan Reach Limited is a live company located in birmingham, B16 9NX with a Companies House number of 09668929. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2015, it's largest shareholder is kamran hameed shaikh with a 51% stake. Morgan Reach Limited is a young, small sized company, Pomanda has estimated its turnover at £535.4k with healthy growth in recent years.
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Morgan Reach Limited Health Check
Pomanda's financial health check has awarded Morgan Reach Limited a 2.5 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
1 Regular
6 Weak
Size
annual sales of £535.4k, make it smaller than the average company (£18.1m)
- Morgan Reach Limited
£18.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (7.2%)
- Morgan Reach Limited
7.2% - Industry AVG
Production
with a gross margin of 20.7%, this company has a higher cost of product (35.1%)
- Morgan Reach Limited
35.1% - Industry AVG
Profitability
an operating margin of -3.8% make it less profitable than the average company (5%)
- Morgan Reach Limited
5% - Industry AVG
Employees
with 1 employees, this is below the industry average (104)
1 - Morgan Reach Limited
104 - Industry AVG
Pay Structure
on an average salary of £41.7k, the company has an equivalent pay structure (£41.7k)
- Morgan Reach Limited
£41.7k - Industry AVG
Efficiency
resulting in sales per employee of £535.4k, this is more efficient (£179.7k)
- Morgan Reach Limited
£179.7k - Industry AVG
Debtor Days
it gets paid by customers after 137 days, this is later than average (46 days)
- Morgan Reach Limited
46 days - Industry AVG
Creditor Days
its suppliers are paid after 130 days, this is slower than average (46 days)
- Morgan Reach Limited
46 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morgan Reach Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Morgan Reach Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.2%, this is a higher level of debt than the average (69.1%)
86.2% - Morgan Reach Limited
69.1% - Industry AVG
MORGAN REACH LIMITED financials
Morgan Reach Limited's latest turnover from March 2023 is estimated at £535.4 thousand and the company has net assets of £28 thousand. According to their latest financial statements, Morgan Reach Limited has 1 employee and maintains cash reserves of 0 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 175 | 234 | 45,223 | 60,297 | 871 | 767 | 562 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 175 | 234 | 45,223 | 60,297 | 871 | 767 | 562 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 202,200 | 190,582 | 179,238 | 141,559 | 124,170 | 48,763 | 57,585 | 2,253 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 17,195 | 31,469 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,529 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 202,200 | 190,582 | 196,433 | 173,028 | 124,170 | 48,763 | 57,585 | 12,782 |
| total assets | 202,375 | 190,816 | 241,656 | 233,325 | 125,041 | 49,530 | 58,147 | 12,782 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 152,350 | 135,826 | 94,794 | 86,606 | 65,752 | 9,392 | 38,127 | 3,508 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 152,350 | 135,826 | 94,794 | 86,606 | 65,752 | 9,392 | 38,127 | 3,508 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,838 | 338 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 17,200 | 6,510 | 99,466 | 117,160 | 42,896 | 22,000 | 4,000 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 22,038 | 6,848 | 99,466 | 117,160 | 42,896 | 22,000 | 4,000 | 0 |
| total liabilities | 174,388 | 142,674 | 194,260 | 203,766 | 108,648 | 31,392 | 42,127 | 3,508 |
| net assets | 27,987 | 48,142 | 47,396 | 29,559 | 16,393 | 18,138 | 16,020 | 9,274 |
| total shareholders funds | 27,987 | 48,142 | 47,396 | 29,559 | 16,393 | 18,138 | 16,020 | 9,274 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 0 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 11,618 | -5,851 | 23,405 | 48,858 | 75,407 | -8,822 | 55,332 | 2,253 |
| Creditors | 16,524 | 41,032 | 8,188 | 20,854 | 56,360 | -28,735 | 34,619 | 3,508 |
| Accruals and Deferred Income | 4,500 | 338 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 10,690 | -92,956 | -17,694 | 74,264 | 20,896 | 18,000 | 4,000 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -10,529 | 10,529 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -10,529 | 10,529 |
morgan reach limited Credit Report and Business Information
Morgan Reach Limited Competitor Analysis
Perform a competitor analysis for morgan reach limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in B16 area or any other competitors across 12 key performance metrics.
morgan reach limited Ownership
MORGAN REACH LIMITED group structure
Morgan Reach Limited has no subsidiary companies.
Ultimate parent company
MORGAN REACH LIMITED
09668929
morgan reach limited directors
Morgan Reach Limited currently has 1 director, Dr Kamran Shaikh serving since Jul 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Kamran Shaikh | England | 45 years | Jul 2015 | - | Director |
P&L
March 2023turnover
535.4k
+11%
operating profit
-20.2k
0%
gross margin
20.7%
+2.17%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
28k
-0.42%
total assets
202.4k
+0.06%
cash
0
0%
net assets
Total assets minus all liabilities
morgan reach limited company details
company number
09668929
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2015
age
9
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
TABS 2 TAX LTD
auditor
-
address
morgan reach house, 136 hagley road, birmingham, west midlands, B16 9NX
Bank
-
Legal Advisor
-
morgan reach 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 reach limited.
morgan reach 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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morgan reach limited Companies House Filings - See Documents
| date | description | view/download |
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