morro group limited
morro group limited Company Information
Company Number
10438619
Next Accounts
Dec 2025
Shareholders
project domus bidco limited
Group Structure
View All
Industry
Non-trading company
Registered Address
jessup house 2 station court, cannock, staffordshire, WS11 0EJ
morro group limited Estimated Valuation
Pomanda estimates the enterprise value of MORRO GROUP LIMITED at £0 based on a Turnover of £0 and 0.54x industry multiple (adjusted for size and gross margin).
morro group limited Estimated Valuation
Pomanda estimates the enterprise value of MORRO GROUP LIMITED at £0 based on an EBITDA of £0 and a 4.24x industry multiple (adjusted for size and gross margin).
morro group limited Estimated Valuation
Pomanda estimates the enterprise value of MORRO GROUP LIMITED at £2.3m based on Net Assets of £1.7m and 1.31x industry multiple (adjusted for liquidity).
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Morro Group Limited Overview
Morro Group Limited is a live company located in staffordshire, WS11 0EJ with a Companies House number of 10438619. It operates in the non-trading company sector, SIC Code 74990. Founded in October 2016, it's largest shareholder is project domus bidco limited with a 100% stake. Morro Group Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Morro Group Limited Health Check
Pomanda's financial health check has awarded Morro Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
2 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Morro Group Limited
- - Industry AVG
Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (6.7%)
- - Morro Group Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Morro Group Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Morro Group Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (34)
- Morro Group Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Morro Group Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Morro Group Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Morro Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Morro Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Morro Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 520000 weeks, this is more cash available to meet short term requirements (47 weeks)
- - Morro Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0%, this is a lower level of debt than the average (38.9%)
- - Morro Group Limited
- - Industry AVG
MORRO GROUP LIMITED financials
Morro Group Limited's latest turnover from March 2024 is 0 and the company has net assets of £1.7 million. According to their latest financial statements, we estimate that Morro Group Limited has 1 employee and maintains cash reserves of £20 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 57,887,170 | 57,022,256 | 57,353,393 | 47,583,178 | 30,518,450 | 30,501,527 | |||
| Other Income Or Grants | |||||||||
| Cost Of Sales | 50,475,300 | 51,541,261 | 50,112,935 | 40,012,015 | 25,845,487 | 25,733,407 | |||
| Gross Profit | 7,411,870 | 5,480,995 | 7,240,458 | 7,571,163 | 4,672,963 | 4,768,120 | |||
| Admin Expenses | 2,082,763 | 2,080,822 | 1,956,794 | 1,593,046 | 1,494,783 | 1,321,982 | |||
| Operating Profit | 5,329,107 | 3,400,173 | 5,283,664 | 5,978,117 | 3,178,180 | 3,446,138 | |||
| Interest Payable | 8 | 2,137 | 78,998 | 174,317 | |||||
| Interest Receivable | 15,618,042 | 1,894,953 | 13,922 | 106,564 | 71,283 | 18,613 | 6,248 | ||
| Pre-Tax Profit | 15,618,042 | 1,894,260 | 5,343,021 | 3,506,737 | 5,354,947 | 5,994,593 | 1,447,277 | 3,297,652 | |
| Tax | -1,024,045 | -520,290 | -1,016,930 | -1,138,414 | -627,755 | -647,197 | |||
| Profit After Tax | 15,618,042 | 1,894,260 | 4,318,976 | 2,986,447 | 4,338,017 | 4,856,179 | 819,522 | 2,650,455 | |
| Dividends Paid | 15,618,042 | 1,977,053 | 191,200 | 147,170 | 116,540 | 120,200 | 79,200 | 640,200 | |
| Retained Profit | -82,793 | 4,127,776 | 2,839,277 | 4,221,477 | 4,735,979 | 740,322 | 2,010,255 | ||
| Employee Costs | 3,775,017 | 3,140,767 | 2,861,135 | 3,703,057 | 2,814,411 | 1,977,799 | 2,032,901 | ||
| Number Of Employees | 78 | 77 | 74 | 59 | 46 | 51 | |||
| EBITDA* | 5,403,517 | 3,485,538 | 5,345,152 | 6,021,420 | 3,220,745 | 3,495,510 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 233,814 | 268,511 | 198,055 | 133,809 | 131,248 | 152,293 | |||
| Intangible Assets | |||||||||
| Investments & Other | 136,298 | 27,138 | 104 | 17,995 | 17,995 | 17,995 | 17,995 | 17,995 | 13,204,450 |
| Debtors (Due After 1 year) | 1,369,797 | 1,392,639 | 1,899,360 | 976,752 | 422,755 | 286,308 | |||
| Total Fixed Assets | 136,298 | 27,138 | 104 | 1,621,606 | 1,679,145 | 2,115,410 | 1,128,556 | 571,998 | 13,643,051 |
| Stock & work in progress | 10,144,545 | 8,272,730 | 6,796,988 | 6,354,910 | 7,874,951 | 4,651,096 | |||
| Trade Debtors | 8,789,189 | 5,404,016 | 5,769,090 | 6,181,339 | 3,469,421 | 3,345,026 | |||
| Group Debtors | 1,346,104 | 1,346,104 | 8,943,093 | 1,644,230 | 1,830,072 | 2,012,341 | 90,000 | ||
| Misc Debtors | 239,220 | 239,220 | 239,220 | 2,453,925 | 1,208,629 | 1,023,351 | 575,670 | 591,459 | 493,633 |
| Cash | 20,000 | 20,000 | 20,000 | 20,000,126 | 21,024,316 | 15,527,200 | 11,905,714 | 6,383,452 | 6,629,207 |
| misc current assets | |||||||||
| total current assets | 1,605,324 | 1,605,324 | 9,202,313 | 41,387,785 | 35,909,691 | 30,760,859 | 26,847,705 | 20,331,624 | 15,208,962 |
| total assets | 1,741,622 | 1,632,462 | 9,202,417 | 43,009,391 | 37,588,836 | 32,876,269 | 27,976,261 | 20,903,622 | 28,852,013 |
| Bank overdraft | 3,825,000 | ||||||||
| Bank loan | |||||||||
| Trade Creditors | 4,240,128 | 2,723,275 | 10,061,491 | 9,194,271 | 6,446,961 | 4,286,278 | |||
| Group/Directors Accounts | 7,596,989 | 507 | 5,233 | 11,580 | 14,759 | 813,664 | |||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 2 | 2 | 2 | 9,664,918 | 9,886,620 | 685,745 | 872,567 | 484,313 | 679,180 |
| total current liabilities | 2 | 2 | 7,596,991 | 13,905,553 | 12,615,128 | 10,758,816 | 10,081,597 | 7,744,938 | 8,790,458 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | 1,312 | ||||||||
| other liabilities | |||||||||
| provisions | 20,644 | 18,290 | 3,192 | ||||||
| total long term liabilities | 20,644 | 18,290 | 1,312 | 3,192 | |||||
| total liabilities | 2 | 2 | 7,596,991 | 13,926,197 | 12,633,418 | 10,760,128 | 10,081,597 | 7,744,938 | 8,793,650 |
| net assets | 1,741,620 | 1,632,460 | 1,605,426 | 29,083,194 | 24,955,418 | 22,116,141 | 17,894,664 | 13,158,684 | 20,058,363 |
| total shareholders funds | 1,741,620 | 1,632,460 | 1,605,426 | 29,083,194 | 24,955,418 | 22,116,141 | 17,894,664 | 13,158,684 | 20,058,363 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | 5,329,107 | 3,400,173 | 5,283,664 | 5,978,117 | 3,178,180 | 3,446,138 | |||
| Depreciation | 45,256 | 74,410 | 85,365 | 61,488 | 43,303 | 42,565 | 49,372 | ||
| Amortisation | |||||||||
| Tax | -1,024,045 | -520,290 | -1,016,930 | -1,138,414 | -627,755 | -647,197 | |||
| Stock | -10,144,545 | 1,871,815 | 1,475,742 | 442,078 | -1,520,041 | 3,223,855 | 4,651,096 | ||
| Debtors | -7,596,989 | -3,430,598 | 4,607,627 | -2,330,747 | 772,198 | 3,067,857 | 2,281,009 | 4,214,967 | |
| Creditors | -4,240,128 | 1,516,853 | -7,338,216 | 867,220 | 2,747,310 | 2,160,683 | 4,286,278 | ||
| Accruals and Deferred Income | -9,664,916 | -221,702 | 9,199,563 | -185,510 | 388,254 | -194,867 | 679,180 | ||
| Deferred Taxes & Provisions | -20,644 | 2,354 | 18,290 | -3,192 | 3,192 | ||||
| Cash flow from operations | -802,465 | 5,699,890 | 3,795,656 | 6,470,754 | -949,250 | -1,049,100 | |||
| Investing Activities | |||||||||
| capital expenditure | -47,493 | 1,682,105 | 560,362 | ||||||
| Change in Investments | 109,160 | 27,034 | -17,891 | -13,186,455 | 13,204,450 | ||||
| cash flow from investments | -47,493 | 14,868,560 | -12,644,088 | ||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -7,596,989 | 7,596,482 | -4,726 | -6,347 | -3,179 | -798,905 | 813,664 | ||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | 15,618,042 | 1,894,953 | 13,914 | 106,564 | 71,283 | 16,476 | -72,750 | -174,317 | |
| cash flow from financing | 109,160 | 8,048,087 | -17,903,540 | 9,188 | 100,217 | 68,104 | -782,428 | -6,899,087 | 17,873,791 |
| cash and cash equivalents | |||||||||
| cash | -19,980,126 | -1,024,190 | 5,497,116 | 3,621,486 | 5,522,262 | -245,755 | 6,629,207 | ||
| overdraft | -3,825,000 | 3,825,000 | |||||||
| change in cash | -19,980,126 | -1,024,190 | 5,497,116 | 3,621,486 | 5,522,262 | 3,579,245 | 2,804,207 |
morro group limited Credit Report and Business Information
Morro Group Limited Competitor Analysis
Perform a competitor analysis for morro group limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other young companies, companies in WS11 area or any other competitors across 12 key performance metrics.
morro group limited Ownership
MORRO GROUP LIMITED group structure
Morro Group Limited has 4 subsidiary companies.
Ultimate parent company
2 parents
MORRO GROUP LIMITED
10438619
4 subsidiaries
morro group limited directors
Morro Group Limited currently has 2 directors. The longest serving directors include Mr Matthew Moore (Mar 2022) and Mr Thomas Goldsworthy (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Matthew Moore | United Kingdom | 50 years | Mar 2022 | - | Director |
| Mr Thomas Goldsworthy | United Kingdom | 35 years | Sep 2022 | - | Director |
P&L
March 2024turnover
0
0%
operating profit
0
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
1.7m
+0.07%
total assets
1.7m
+0.07%
cash
20k
0%
net assets
Total assets minus all liabilities
morro group limited company details
company number
10438619
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
jessup group limited (October 2023)
accountant
-
auditor
RSM UK AUDIT LLP
address
jessup house 2 station court, cannock, staffordshire, WS11 0EJ
Bank
-
Legal Advisor
-
morro group 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 morro group limited. Currently there are 2 open charges and 0 have been satisfied in the past.
morro group 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 MORRO GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
morro group limited Companies House Filings - See Documents
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