mornadev ltd
mornadev ltd Company Information
Group Structure
View All
Industry
Other information service activities n.e.c.
Registered Address
840 ibis court centre park, warrington, cheshire, WA1 1RL
Website
mornadev.commornadev ltd Estimated Valuation
Pomanda estimates the enterprise value of MORNADEV LTD at £16.7k based on a Turnover of £25.5k and 0.65x industry multiple (adjusted for size and gross margin).
mornadev ltd Estimated Valuation
Pomanda estimates the enterprise value of MORNADEV LTD at £0 based on an EBITDA of £-3.2k and a 3.52x industry multiple (adjusted for size and gross margin).
mornadev ltd Estimated Valuation
Pomanda estimates the enterprise value of MORNADEV LTD at £11.2k based on Net Assets of £4.4k and 2.52x industry multiple (adjusted for liquidity).
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Mornadev Ltd Overview
Mornadev Ltd is a live company located in cheshire, WA1 1RL with a Companies House number of 11187902. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in February 2018, it's largest shareholder is laszlo mornailla with a 100% stake. Mornadev Ltd is a young, micro sized company, Pomanda has estimated its turnover at £25.5k with declining growth in recent years.
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Mornadev Ltd Health Check
Pomanda's financial health check has awarded Mornadev Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs
1 Strong
1 Regular
8 Weak
Size
annual sales of £25.5k, make it smaller than the average company (£799.1k)
- Mornadev Ltd
£799.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (7.5%)
- Mornadev Ltd
7.5% - Industry AVG
Production
with a gross margin of 36.2%, this company has a higher cost of product (70.7%)
- Mornadev Ltd
70.7% - Industry AVG
Profitability
an operating margin of -12.5% make it less profitable than the average company (5.4%)
- Mornadev Ltd
5.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (18)
1 - Mornadev Ltd
18 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Mornadev Ltd
£29k - Industry AVG
Efficiency
resulting in sales per employee of £25.5k, this is less efficient (£54.1k)
- Mornadev Ltd
£54.1k - Industry AVG
Debtor Days
it gets paid by customers after 64 days, this is later than average (29 days)
- Mornadev Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (32 days)
- Mornadev Ltd
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mornadev Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Mornadev Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.2%, this is a lower level of debt than the average (27.5%)
1.2% - Mornadev Ltd
27.5% - Industry AVG
MORNADEV LTD financials
Mornadev Ltd's latest turnover from February 2024 is estimated at £25.5 thousand and the company has net assets of £4.4 thousand. According to their latest financial statements, Mornadev Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| 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 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 166 | 332 | 499 | |||
| Intangible Assets | ||||||
| Investments & Other | ||||||
| Debtors (Due After 1 year) | ||||||
| Total Fixed Assets | 166 | 332 | 499 | |||
| Stock & work in progress | ||||||
| Trade Debtors | 4,487 | 7,526 | 10,637 | 19,993 | 14,892 | 27,515 |
| Group Debtors | ||||||
| Misc Debtors | ||||||
| Cash | ||||||
| misc current assets | ||||||
| total current assets | 4,487 | 7,526 | 10,637 | 19,993 | 14,892 | 27,515 |
| total assets | 4,487 | 7,692 | 10,969 | 20,492 | 14,892 | 27,515 |
| Bank overdraft | ||||||
| Bank loan | ||||||
| Trade Creditors | 52 | 52 | 1,171 | 7,430 | 8,435 | 11,670 |
| Group/Directors Accounts | ||||||
| other short term finances | ||||||
| hp & lease commitments | ||||||
| other current liabilities | ||||||
| total current liabilities | 52 | 52 | 1,171 | 7,430 | 8,435 | 11,670 |
| loans | ||||||
| hp & lease commitments | ||||||
| Accruals and Deferred Income | 13 | |||||
| other liabilities | ||||||
| provisions | ||||||
| total long term liabilities | 13 | |||||
| total liabilities | 52 | 65 | 1,171 | 7,430 | 8,435 | 11,670 |
| net assets | 4,435 | 7,627 | 9,798 | 13,062 | 6,457 | 15,845 |
| total shareholders funds | 4,435 | 7,627 | 9,798 | 13,062 | 6,457 | 15,845 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | ||||||
| Amortisation | ||||||
| Tax | ||||||
| Stock | ||||||
| Debtors | -3,039 | -3,111 | -9,356 | 5,101 | -12,623 | 27,515 |
| Creditors | -1,119 | -6,259 | -1,005 | -3,235 | 11,670 | |
| Accruals and Deferred Income | -13 | 13 | ||||
| Deferred Taxes & Provisions | ||||||
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | ||||||
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | ||||||
| Group/Directors Accounts | ||||||
| Other Short Term Loans | ||||||
| Long term loans | ||||||
| Hire Purchase and Lease Commitments | ||||||
| other long term liabilities | ||||||
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | ||||||
| overdraft | ||||||
| change in cash |
mornadev ltd Credit Report and Business Information
Mornadev Ltd Competitor Analysis
Perform a competitor analysis for mornadev ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in WA1 area or any other competitors across 12 key performance metrics.
mornadev ltd Ownership
MORNADEV LTD group structure
Mornadev Ltd has no subsidiary companies.
Ultimate parent company
MORNADEV LTD
11187902
mornadev ltd directors
Mornadev Ltd currently has 1 director, Mr Laszlo Mornailla serving since Feb 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Laszlo Mornailla | United Kingdom | 41 years | Feb 2018 | - | Director |
P&L
February 2024turnover
25.5k
-19%
operating profit
-3.2k
0%
gross margin
36.3%
+5.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
4.4k
-0.42%
total assets
4.5k
-0.42%
cash
0
0%
net assets
Total assets minus all liabilities
mornadev ltd company details
company number
11187902
Type
Private limited with Share Capital
industry
63990 - Other information service activities n.e.c.
incorporation date
February 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
840 ibis court centre park, warrington, cheshire, WA1 1RL
Bank
-
Legal Advisor
-
mornadev 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 did not find charges/mortgages relating to mornadev ltd.
mornadev 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 MORNADEV LTD. This can take several minutes, an email will notify you when this has completed.
mornadev ltd Companies House Filings - See Documents
| date | description | view/download |
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