morton training limited Company Information
Company Number
10071857
Website
www.mortontraining.co.ukRegistered Address
morton park drain lane,, holme-on-spalding-moor, york, east yorkshire, YO43 4DG
Industry
Educational support activities
Telephone
01430860057
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
linda morton 23.6%
andrew morton 23.6%
View Allmorton training limited Estimated Valuation
Pomanda estimates the enterprise value of MORTON TRAINING LIMITED at £339.5k based on a Turnover of £491k and 0.69x industry multiple (adjusted for size and gross margin).
morton training limited Estimated Valuation
Pomanda estimates the enterprise value of MORTON TRAINING LIMITED at £103.2k based on an EBITDA of £29.7k and a 3.48x industry multiple (adjusted for size and gross margin).
morton training limited Estimated Valuation
Pomanda estimates the enterprise value of MORTON TRAINING LIMITED at £136.2k based on Net Assets of £151.3k and 0.9x industry multiple (adjusted for liquidity).
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Morton Training Limited Overview
Morton Training Limited is a live company located in york, YO43 4DG with a Companies House number of 10071857. It operates in the educational support services sector, SIC Code 85600. Founded in March 2016, it's largest shareholder is linda morton with a 23.6% stake. Morton Training Limited is a young, micro sized company, Pomanda has estimated its turnover at £491k with rapid growth in recent years.
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Morton Training Limited Health Check
Pomanda's financial health check has awarded Morton Training Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £491k, make it larger than the average company (£378.2k)
- Morton Training Limited
£378.2k - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (4.3%)
- Morton Training Limited
4.3% - Industry AVG
Production
with a gross margin of 62.4%, this company has a comparable cost of product (62.4%)
- Morton Training Limited
62.4% - Industry AVG
Profitability
an operating margin of 2.5% make it as profitable than the average company (2.9%)
- Morton Training Limited
2.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (10)
3 - Morton Training Limited
10 - Industry AVG
Pay Structure
on an average salary of £26.8k, the company has an equivalent pay structure (£26.8k)
- Morton Training Limited
£26.8k - Industry AVG
Efficiency
resulting in sales per employee of £163.7k, this is more efficient (£49.7k)
- Morton Training Limited
£49.7k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (23 days)
- Morton Training Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is slower than average (19 days)
- Morton Training Limited
19 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (24 days)
- Morton Training Limited
24 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 44 weeks, this is less cash available to meet short term requirements (101 weeks)
44 weeks - Morton Training Limited
101 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 39.6%, this is a higher level of debt than the average (34.8%)
39.6% - Morton Training Limited
34.8% - Industry AVG
MORTON TRAINING LIMITED financials
Morton Training Limited's latest turnover from March 2023 is estimated at £491 thousand and the company has net assets of £151.3 thousand. According to their latest financial statements, Morton Training Limited has 3 employees and maintains cash reserves of £70.1 thousand 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 | |
---|---|---|---|---|---|---|---|
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 | 3 | 3 | 3 | 3 | 2 | 2 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
---|---|---|---|---|---|---|---|
Tangible Assets | 103,197 | 101,312 | 90,976 | 65,946 | 48,015 | 46,215 | 31,782 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 103,197 | 101,312 | 90,976 | 65,946 | 48,015 | 46,215 | 31,782 |
Stock & work in progress | 650 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 75,210 | 34,782 | 57,061 | 16,332 | 32,262 | 24,801 | 35,684 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,437 | 200 | 268 | 263 | 0 | 0 | 0 |
Cash | 70,130 | 88,788 | 30,367 | 7,972 | 3,819 | 34,420 | 27,542 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 147,427 | 123,770 | 87,696 | 24,567 | 36,081 | 59,221 | 63,226 |
total assets | 250,624 | 225,082 | 178,672 | 90,513 | 84,096 | 105,436 | 95,008 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 13,611 | 19,732 | 28,463 | 35,620 | 26,495 | 9,217 | 13,654 |
Group/Directors Accounts | 7,496 | 4,475 | 5,311 | 5,850 | 170 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 61,360 | 62,361 | 60,551 | 19,928 | 29,169 | 40,506 | 65,838 |
total current liabilities | 82,467 | 86,568 | 94,325 | 61,398 | 55,834 | 49,723 | 79,492 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 16,841 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 16,841 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 99,308 | 86,568 | 94,325 | 61,398 | 55,834 | 49,723 | 79,492 |
net assets | 151,316 | 138,514 | 84,347 | 29,115 | 28,262 | 55,713 | 15,516 |
total shareholders funds | 151,316 | 138,514 | 84,347 | 29,115 | 28,262 | 55,713 | 15,516 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | 17,253 | 13,237 | 15,041 | 9,550 | 8,991 | 8,668 | 0 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||
Stock | 650 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 41,665 | -22,347 | 40,734 | -15,667 | 7,461 | -10,883 | 35,684 |
Creditors | -6,121 | -8,731 | -7,157 | 9,125 | 17,278 | -4,437 | 13,654 |
Accruals and Deferred Income | -1,001 | 1,810 | 40,623 | -9,241 | -11,337 | -25,332 | 65,838 |
Deferred Taxes & Provisions | 16,841 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 3,021 | -836 | -539 | 5,680 | 170 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | -18,658 | 58,421 | 22,395 | 4,153 | -30,601 | 6,878 | 27,542 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -18,658 | 58,421 | 22,395 | 4,153 | -30,601 | 6,878 | 27,542 |
morton training limited Credit Report and Business Information
Morton Training Limited Competitor Analysis
Perform a competitor analysis for morton training limited by selecting its closest rivals, whether from the EDUCATION sector, other micro companies, companies in YO43 area or any other competitors across 12 key performance metrics.
morton training limited Ownership
MORTON TRAINING LIMITED group structure
Morton Training Limited has no subsidiary companies.
Ultimate parent company
MORTON TRAINING LIMITED
10071857
morton training limited directors
Morton Training Limited currently has 3 directors. The longest serving directors include Mrs Linda Morton (Mar 2016) and Mr Andrew Morton (Mar 2016).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Linda Morton | England | 68 years | Mar 2016 | - | Director |
Mr Andrew Morton | England | 68 years | Mar 2016 | - | Director |
Miss Helen Morton | England | 39 years | Jan 2023 | - | Director |
P&L
March 2023turnover
491k
+76%
operating profit
12.4k
0%
gross margin
62.5%
+1.06%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
151.3k
+0.09%
total assets
250.6k
+0.11%
cash
70.1k
-0.21%
net assets
Total assets minus all liabilities
morton training limited company details
company number
10071857
Type
Private limited with Share Capital
industry
85600 - Educational support activities
incorporation date
March 2016
age
8
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
March 2023
address
morton park drain lane,, holme-on-spalding-moor, york, east yorkshire, YO43 4DG
accountant
WOOLLEY & CO - ACCOUNTANTS AND CHARTERED TAX ADVISORS
auditor
-
morton training 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 morton training limited.
morton training limited Companies House Filings - See Documents
date | description | view/download |
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