morningside holdings ltd
morningside holdings ltd Company Information
Company Number
09917677
Next Accounts
Sep 2025
Shareholders
magnecorde limited
amarsat limited
View AllGroup Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
c/o chesterton house accounting, 2-3 rectory place, loughborough, leicestershire, LE11 1UW
Website
-morningside holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of MORNINGSIDE HOLDINGS LTD at £2m based on a Turnover of £1.7m and 1.13x industry multiple (adjusted for size and gross margin).
morningside holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of MORNINGSIDE HOLDINGS LTD at £41.4m based on an EBITDA of £8.7m and a 4.74x industry multiple (adjusted for size and gross margin).
morningside holdings ltd Estimated Valuation
Pomanda estimates the enterprise value of MORNINGSIDE HOLDINGS LTD at £196.4m based on Net Assets of £150.5m and 1.31x industry multiple (adjusted for liquidity).
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Morningside Holdings Ltd Overview
Morningside Holdings Ltd is a live company located in loughborough, LE11 1UW with a Companies House number of 09917677. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in December 2015, it's largest shareholder is magnecorde limited with a 24.7% stake. Morningside Holdings Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.7m with declining growth in recent years.
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Morningside Holdings Ltd Health Check
Pomanda's financial health check has awarded Morningside Holdings Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
6 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£18.9m)
£1.7m - Morningside Holdings Ltd
£18.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (10.5%)
-56% - Morningside Holdings Ltd
10.5% - Industry AVG
Production
with a gross margin of 36.4%, this company has a comparable cost of product (36.4%)
36.4% - Morningside Holdings Ltd
36.4% - Industry AVG
Profitability
an operating margin of 494.6% make it more profitable than the average company (4.5%)
494.6% - Morningside Holdings Ltd
4.5% - Industry AVG
Employees
with 5 employees, this is below the industry average (104)
5 - Morningside Holdings Ltd
104 - Industry AVG
Pay Structure
on an average salary of £82.3k, the company has a higher pay structure (£44.7k)
£82.3k - Morningside Holdings Ltd
£44.7k - Industry AVG
Efficiency
resulting in sales per employee of £349.8k, this is more efficient (£191.2k)
£349.8k - Morningside Holdings Ltd
£191.2k - Industry AVG
Debtor Days
it gets paid by customers after 2 days, this is earlier than average (45 days)
2 days - Morningside Holdings Ltd
45 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (44 days)
22 days - Morningside Holdings Ltd
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Morningside Holdings Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (14 weeks)
3 weeks - Morningside Holdings Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 3.9%, this is a lower level of debt than the average (69.6%)
3.9% - Morningside Holdings Ltd
69.6% - Industry AVG
MORNINGSIDE HOLDINGS LTD financials
Morningside Holdings Ltd's latest turnover from December 2023 is £1.7 million and the company has net assets of £150.5 million. According to their latest financial statements, Morningside Holdings Ltd has 5 employees and maintains cash reserves of £275.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 1,749,019 | 18,920,162 | 25,024,144 | 20,952,765 | ||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | 3,000 | 36,527 | 222,955 | |||||
| Gross Profit | 18,917,162 | 24,987,617 | 20,729,810 | |||||
| Admin Expenses | 22,056,257 | 9,363,159 | 9,567,039 | |||||
| Operating Profit | -3,139,095 | 15,624,458 | 11,162,771 | |||||
| Interest Payable | 85,963 | 98,200 | 12,479 | |||||
| Interest Receivable | 1,841,657 | 659,866 | 15,924 | 13,767 | ||||
| Pre-Tax Profit | 7,859,860 | 93,794,428 | 15,909,557 | 11,237,974 | ||||
| Tax | -1,515,175 | -1,383,078 | -1,817,357 | -1,158,846 | ||||
| Profit After Tax | 6,344,685 | 92,411,350 | 14,092,200 | 10,079,128 | ||||
| Dividends Paid | 8,000 | 12,000,000 | 1,048,429 | |||||
| Retained Profit | 6,336,685 | 80,411,350 | 13,043,771 | 10,079,128 | ||||
| Employee Costs | 411,327 | 1,037,400 | 1,365,242 | 1,382,264 | ||||
| Number Of Employees | 5 | 4 | 4 | 4 | 1 | 1 | ||
| EBITDA* | -3,041,872 | 15,728,758 | 11,241,902 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 464,449 | 2,345,057 | 1,938,142 | 1,250,798 | 54,598 | 161,871 | 22,635 | |
| Intangible Assets | ||||||||
| Investments & Other | 144,108,060 | 151,790,981 | 59,709,530 | 43,288,128 | 37,285,279 | 15,980,500 | 5,701,280 | 30 |
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 144,572,509 | 154,136,038 | 61,647,672 | 44,538,926 | 37,339,877 | 16,142,371 | 5,723,915 | 30 |
| Stock & work in progress | ||||||||
| Trade Debtors | 13,951 | 13,604,355 | 13,033,604 | 9,082,913 | 3,079 | 95,993 | 1,258 | |
| Group Debtors | 11,503,103 | 82,955 | ||||||
| Misc Debtors | 233,215 | 3,288,238 | 3,072,816 | 3,340,882 | 1,834,528 | 1,445,814 | 215,352 | 49,814 |
| Cash | 275,350 | 1,461,589 | 5,775,958 | 8,302,788 | 3,505,752 | 7,764,810 | 8,428,820 | 150,244 |
| misc current assets | 5,076,664 | 1,344,000 | ||||||
| total current assets | 12,025,619 | 18,354,182 | 21,882,378 | 20,726,583 | 5,426,314 | 14,383,281 | 9,989,430 | 200,058 |
| total assets | 156,598,128 | 172,490,220 | 83,530,050 | 65,265,509 | 42,766,191 | 30,525,652 | 15,713,345 | 200,088 |
| Bank overdraft | ||||||||
| Bank loan | 4,194,230 | 5,202,906 | ||||||
| Trade Creditors | 68,091 | 389,954 | 525,842 | 706,769 | 10,816 | 19,882 | 23,259 | |
| Group/Directors Accounts | 523 | 129,187 | 101 | 110,913 | ||||
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 221,209 | 3,807,319 | 1,902,338 | 1,742,112 | 233,317 | 432,776 | 3,986 | 200,800 |
| total current liabilities | 4,484,053 | 4,326,460 | 7,631,086 | 2,448,982 | 355,046 | 452,658 | 27,245 | 200,800 |
| loans | ||||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 1,587,793 | 154,491 | 301,047 | 262,381 | 113,891 | 43,985 | ||
| total long term liabilities | 1,587,793 | 154,491 | 301,047 | 262,381 | 113,891 | 43,985 | ||
| total liabilities | 6,071,846 | 4,480,951 | 7,932,133 | 2,711,363 | 468,937 | 496,643 | 27,245 | 200,800 |
| net assets | 150,526,282 | 168,009,269 | 75,597,917 | 62,554,146 | 42,297,254 | 30,029,009 | 15,686,100 | -712 |
| total shareholders funds | 150,526,282 | 168,009,269 | 75,597,917 | 62,554,146 | 42,297,254 | 30,029,009 | 15,686,100 | -712 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Aug 2018 | Aug 2017 | Aug 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | -3,139,095 | 15,624,458 | 11,162,771 | |||||
| Depreciation | 92,806 | 97,223 | 104,300 | 79,131 | 8,989 | 34,424 | 2,515 | |
| Amortisation | ||||||||
| Tax | -1,515,175 | -1,383,078 | -1,817,357 | -1,158,846 | ||||
| Stock | ||||||||
| Debtors | -5,142,324 | 786,173 | 3,682,625 | 10,503,233 | 378,755 | 1,325,197 | 166,796 | 49,814 |
| Creditors | -321,863 | -135,888 | -180,927 | 695,953 | -9,066 | -3,377 | 23,259 | |
| Accruals and Deferred Income | -3,586,110 | 1,904,981 | 160,226 | 1,508,795 | -199,459 | 428,790 | -196,814 | 200,800 |
| Deferred Taxes & Provisions | 1,433,302 | -146,556 | 38,666 | 148,490 | 69,906 | 43,985 | ||
| Cash flow from operations | -3,588,586 | 10,246,741 | 1,933,061 | |||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | -7,682,921 | 92,081,451 | 16,421,402 | 6,002,849 | 21,304,779 | 10,279,220 | 5,701,250 | 30 |
| cash flow from investments | -92,081,451 | -16,421,402 | -6,002,849 | |||||
| Financing Activities | ||||||||
| Bank loans | 4,194,230 | -5,202,906 | 5,202,906 | |||||
| Group/Directors Accounts | -128,664 | 129,187 | -101 | -110,812 | 110,913 | |||
| Other Short Term Loans | ||||||||
| Long term loans | ||||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | 1,755,694 | 561,666 | 3,445 | 13,767 | ||||
| cash flow from financing | -17,998,412 | 7,487,949 | 5,206,250 | 10,080,719 | ||||
| cash and cash equivalents | ||||||||
| cash | -1,186,239 | -4,314,369 | -2,526,830 | 4,797,036 | -4,259,058 | -664,010 | 8,278,576 | 150,244 |
| overdraft | ||||||||
| change in cash | -1,186,239 | -4,314,369 | -2,526,830 | 4,797,036 | -4,259,058 | -664,010 | 8,278,576 | 150,244 |
morningside holdings ltd Credit Report and Business Information
Morningside Holdings Ltd Competitor Analysis
Perform a competitor analysis for morningside holdings ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other small companies, companies in LE11 area or any other competitors across 12 key performance metrics.
morningside holdings ltd Ownership
MORNINGSIDE HOLDINGS LTD group structure
Morningside Holdings Ltd has 4 subsidiary companies.
Ultimate parent company
MORNINGSIDE HOLDINGS LTD
09917677
4 subsidiaries
morningside holdings ltd directors
Morningside Holdings Ltd currently has 5 directors. The longest serving directors include Mr Sanjay Gadhia (Dec 2015) and Mr Danesh Gadhia (Dec 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sanjay Gadhia | England | 46 years | Dec 2015 | - | Director |
| Mr Danesh Gadhia | United Kingdom | 59 years | Dec 2015 | - | Director |
| Mrs Sonal Gadhia | United Kingdom | 55 years | Dec 2015 | - | Director |
| Mr Sanjay Gadhia | United Kingdom | 46 years | Dec 2015 | - | Director |
| Ms Mira Gadhia | United Kingdom | 44 years | Dec 2015 | - | Director |
P&L
December 2023turnover
1.7m
-91%
operating profit
8.6m
0%
gross margin
36.4%
-63.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
150.5m
-0.1%
total assets
156.6m
-0.09%
cash
275.4k
-0.81%
net assets
Total assets minus all liabilities
Similar Companies
morningside holdings ltd company details
company number
09917677
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
December 2015
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SHARMAN FIELDING
address
c/o chesterton house accounting, 2-3 rectory place, loughborough, leicestershire, LE11 1UW
Bank
-
Legal Advisor
-
morningside holdings 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 4 charges/mortgages relating to morningside holdings ltd. Currently there are 4 open charges and 0 have been satisfied in the past.
morningside holdings 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 MORNINGSIDE HOLDINGS LTD. This can take several minutes, an email will notify you when this has completed.
morningside holdings ltd Companies House Filings - See Documents
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