patrick morgan search limited
patrick morgan search limited Company Information
Group Structure
View All
Industry
Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
Registered Address
59 berkshire road, london, E9 5NB
Website
p-morgan.compatrick morgan search limited Estimated Valuation
Pomanda estimates the enterprise value of PATRICK MORGAN SEARCH LIMITED at £90.7k based on a Turnover of £537.3k and 0.17x industry multiple (adjusted for size and gross margin).
patrick morgan search limited Estimated Valuation
Pomanda estimates the enterprise value of PATRICK MORGAN SEARCH LIMITED at £0 based on an EBITDA of £-321.3k and a 2.77x industry multiple (adjusted for size and gross margin).
patrick morgan search limited Estimated Valuation
Pomanda estimates the enterprise value of PATRICK MORGAN SEARCH LIMITED at £598k based on Net Assets of £384.1k and 1.56x industry multiple (adjusted for liquidity).
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Patrick Morgan Search Limited Overview
Patrick Morgan Search Limited is a live company located in london, E9 5NB with a Companies House number of 09790603. It operates in the other activities of employment placement agencies sector, SIC Code 78109. Founded in September 2015, it's largest shareholder is james o'dowd with a 100% stake. Patrick Morgan Search Limited is a established, small sized company, Pomanda has estimated its turnover at £537.3k with declining growth in recent years.
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Patrick Morgan Search Limited Health Check
Pomanda's financial health check has awarded Patrick Morgan Search Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £537.3k, make it smaller than the average company (£7.2m)
- Patrick Morgan Search Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -37%, show it is growing at a slower rate (5%)
- Patrick Morgan Search Limited
5% - Industry AVG
Production
with a gross margin of 25.1%, this company has a comparable cost of product (25.1%)
- Patrick Morgan Search Limited
25.1% - Industry AVG
Profitability
an operating margin of -66.5% make it less profitable than the average company (4.4%)
- Patrick Morgan Search Limited
4.4% - Industry AVG
Employees
with 11 employees, this is below the industry average (37)
11 - Patrick Morgan Search Limited
37 - Industry AVG
Pay Structure
on an average salary of £51.5k, the company has an equivalent pay structure (£51.5k)
- Patrick Morgan Search Limited
£51.5k - Industry AVG
Efficiency
resulting in sales per employee of £48.8k, this is less efficient (£166.9k)
- Patrick Morgan Search Limited
£166.9k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (45 days)
- Patrick Morgan Search Limited
45 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (8 days)
- Patrick Morgan Search Limited
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Patrick Morgan Search Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (14 weeks)
6 weeks - Patrick Morgan Search Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 40.3%, this is a lower level of debt than the average (66.6%)
40.3% - Patrick Morgan Search Limited
66.6% - Industry AVG
PATRICK MORGAN SEARCH LIMITED financials
Patrick Morgan Search Limited's latest turnover from September 2023 is estimated at £537.3 thousand and the company has net assets of £384.1 thousand. According to their latest financial statements, Patrick Morgan Search Limited has 11 employees and maintains cash reserves of £28.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 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 | 11 | 9 | 6 | 5 | 5 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 248,168 | 263,198 | 6,453 | 5,366 | 5,719 | 487 | 649 | 866 |
| 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 | 248,168 | 263,198 | 6,453 | 5,366 | 5,719 | 487 | 649 | 866 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 23,013 | 156,835 | 81,858 | 133,372 | 2,018 | 36,239 | 28,037 | 10,687 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 343,568 | 370,313 | 107,895 | 0 | 0 | 0 | 0 | 0 |
| Cash | 28,530 | 451,837 | 174,749 | 384,477 | 105,961 | 3,368 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 47,686 | 0 | 0 | 0 |
| total current assets | 395,111 | 978,985 | 364,502 | 517,849 | 155,665 | 39,607 | 28,037 | 10,687 |
| total assets | 643,279 | 1,242,183 | 370,955 | 523,215 | 161,384 | 40,094 | 28,686 | 11,553 |
| Bank overdraft | 0 | 8 | 4 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,178 | 143,647 | 4,271 | 182,640 | 57,458 | 37,776 | 26,982 | 11,083 |
| 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 | 214,754 | 302,890 | 69,174 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 217,932 | 446,545 | 73,449 | 182,640 | 57,458 | 37,776 | 26,982 | 11,083 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 2,310 | 1,920 | 1,580 | 360 |
| other liabilities | 0 | 0 | 0 | 125,000 | 0 | 0 | 0 | 0 |
| provisions | 41,259 | 66,899 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 41,259 | 66,899 | 0 | 125,000 | 2,310 | 1,920 | 1,580 | 360 |
| total liabilities | 259,191 | 513,444 | 73,449 | 307,640 | 59,768 | 39,696 | 28,562 | 11,443 |
| net assets | 384,088 | 728,739 | 297,506 | 215,575 | 101,616 | 398 | 124 | 110 |
| total shareholders funds | 384,088 | 728,739 | 297,506 | 215,575 | 101,616 | 398 | 124 | 110 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 35,982 | 5,299 | 2,271 | 1,789 | 1,906 | 162 | 217 | 289 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -160,567 | 337,395 | 56,381 | 131,354 | -34,221 | 8,202 | 17,350 | 10,687 |
| Creditors | -140,469 | 139,376 | -178,369 | 125,182 | 19,682 | 10,794 | 15,899 | 11,083 |
| Accruals and Deferred Income | -88,136 | 233,716 | 69,174 | -2,310 | 390 | 340 | 1,220 | 360 |
| Deferred Taxes & Provisions | -25,640 | 66,899 | 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 | 0 | 0 | -125,000 | 125,000 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | -423,307 | 277,088 | -209,728 | 278,516 | 102,593 | 3,368 | 0 | 0 |
| overdraft | -8 | 4 | 4 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -423,299 | 277,084 | -209,732 | 278,516 | 102,593 | 3,368 | 0 | 0 |
patrick morgan search limited Credit Report and Business Information
Patrick Morgan Search Limited Competitor Analysis
Perform a competitor analysis for patrick morgan search limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in E 9 area or any other competitors across 12 key performance metrics.
patrick morgan search limited Ownership
PATRICK MORGAN SEARCH LIMITED group structure
Patrick Morgan Search Limited has no subsidiary companies.
Ultimate parent company
PATRICK MORGAN SEARCH LIMITED
09790603
patrick morgan search limited directors
Patrick Morgan Search Limited currently has 1 director, Mr James O'Dowd serving since Sep 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James O'Dowd | United Kingdom | 34 years | Sep 2015 | - | Director |
P&L
September 2023turnover
537.3k
-70%
operating profit
-357.3k
0%
gross margin
25.2%
-3.58%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
384.1k
-0.47%
total assets
643.3k
-0.48%
cash
28.5k
-0.94%
net assets
Total assets minus all liabilities
patrick morgan search limited company details
company number
09790603
Type
Private limited with Share Capital
industry
78109 - Activities of employment placement agencies (other than motion picture, television and other theatrical casting) n.e.c.
incorporation date
September 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
59 berkshire road, london, E9 5NB
Bank
-
Legal Advisor
-
patrick morgan search 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 found 2 charges/mortgages relating to patrick morgan search limited. Currently there are 1 open charges and 1 have been satisfied in the past.
patrick morgan search 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.
Click to start generating capital raising & share issue transactions for PATRICK MORGAN SEARCH LIMITED. This can take several minutes, an email will notify you when this has completed.
patrick morgan search limited Companies House Filings - See Documents
| date | description | view/download |
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