strangways morrison limited

strangways morrison limited Company Information

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Company Number

11478413

Industry

Development of building projects

 

Shareholders

addison developments limited

Group Structure

View All

Contact

Registered Address

the estate office, melbury sampford, dorchester, dorset, DT2 0LF

strangways morrison limited Estimated Valuation

£398.9k

Pomanda estimates the enterprise value of STRANGWAYS MORRISON LIMITED at £398.9k based on a Turnover of £725.2k and 0.55x industry multiple (adjusted for size and gross margin).

strangways morrison limited Estimated Valuation

£0

Pomanda estimates the enterprise value of STRANGWAYS MORRISON LIMITED at £0 based on an EBITDA of £-8k and a 3.86x industry multiple (adjusted for size and gross margin).

strangways morrison limited Estimated Valuation

£18.1k

Pomanda estimates the enterprise value of STRANGWAYS MORRISON LIMITED at £18.1k based on Net Assets of £11.7k and 1.56x industry multiple (adjusted for liquidity).

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Strangways Morrison Limited Overview

Strangways Morrison Limited is a live company located in dorchester, DT2 0LF with a Companies House number of 11478413. It operates in the development of building projects sector, SIC Code 41100. Founded in July 2018, it's largest shareholder is addison developments limited with a 100% stake. Strangways Morrison Limited is a young, small sized company, Pomanda has estimated its turnover at £725.2k with healthy growth in recent years.

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Strangways Morrison Limited Health Check

Pomanda's financial health check has awarded Strangways Morrison Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

1 Strong

positive_score

4 Regular

positive_score

5 Weak

size

Size

annual sales of £725.2k, make it smaller than the average company (£2.4m)

£725.2k - Strangways Morrison Limited

£2.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (5.9%)

4% - Strangways Morrison Limited

5.9% - Industry AVG

production

Production

with a gross margin of 26.1%, this company has a comparable cost of product (26.1%)

26.1% - Strangways Morrison Limited

26.1% - Industry AVG

profitability

Profitability

an operating margin of -1.1% make it less profitable than the average company (8%)

-1.1% - Strangways Morrison Limited

8% - Industry AVG

employees

Employees

with 5 employees, this is similar to the industry average (6)

5 - Strangways Morrison Limited

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)

£48.5k - Strangways Morrison Limited

£48.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £145k, this is less efficient (£284.5k)

£145k - Strangways Morrison Limited

£284.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Strangways Morrison Limited

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 19 days, this is quicker than average (31 days)

19 days - Strangways Morrison Limited

31 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Strangways Morrison Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 68 weeks, this is more cash available to meet short term requirements (12 weeks)

68 weeks - Strangways Morrison Limited

12 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 75.5%, this is a similar level of debt than the average (73.1%)

75.5% - Strangways Morrison Limited

73.1% - Industry AVG

STRANGWAYS MORRISON LIMITED financials

EXPORTms excel logo

Strangways Morrison Limited's latest turnover from March 2024 is estimated at £725.2 thousand and the company has net assets of £11.7 thousand. According to their latest financial statements, Strangways Morrison Limited has 5 employees and maintains cash reserves of £47.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Turnover725,169543,8901,500,196638,989584,819703,083
Other Income Or Grants000000
Cost Of Sales535,810403,1571,132,886482,184426,927501,351
Gross Profit189,359140,733367,310156,805157,892201,733
Admin Expenses197,39640,054331,256147,311167,028217,824
Operating Profit-8,037100,67936,0549,494-9,136-16,091
Interest Payable061,76441,52276700
Interest Receivable7,0585,4861646520
Pre-Tax Profit-97944,401-5,3048,733-9,131-16,071
Tax0-8,4360-1,65900
Profit After Tax-97935,965-5,3047,074-9,131-16,071
Dividends Paid000000
Retained Profit-97935,965-5,3047,074-9,131-16,071
Employee Costs242,28992,13589,00787,01086,97185,336
Number Of Employees522222
EBITDA*-8,037100,67936,0549,494-9,136-16,091

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Tangible Assets000000
Intangible Assets000000
Investments & Other000000
Debtors (Due After 1 year)000000
Total Fixed Assets000000
Stock & work in progress004,862,6363,246,3622,695,9442,583,098
Trade Debtors0003803800
Group Debtors000000
Misc Debtors34929,01810,9072,9831,505656
Cash47,168221,71536,4707,3163,8295,234
misc current assets000000
total current assets47,517250,7334,910,0133,257,0412,701,6582,588,988
total assets47,517250,7334,910,0133,257,0412,701,6582,588,988
Bank overdraft001,205,14625,13200
Bank loan000000
Trade Creditors 28,217036,53919,39637,2441,825
Group/Directors Accounts4014013,686,2253,224,7382,684,8312,600,814
other short term finances000000
hp & lease commitments000000
other current liabilities7,245237,6995,4355,8034,6852,320
total current liabilities35,863238,1004,933,3453,275,0692,726,7602,604,959
loans000000
hp & lease commitments000000
Accruals and Deferred Income000000
other liabilities000000
provisions000000
total long term liabilities000000
total liabilities35,863238,1004,933,3453,275,0692,726,7602,604,959
net assets11,65412,633-23,332-18,028-25,102-15,971
total shareholders funds11,65412,633-23,332-18,028-25,102-15,971
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019
Operating Activities
Operating Profit-8,037100,67936,0549,494-9,136-16,091
Depreciation000000
Amortisation000000
Tax0-8,4360-1,65900
Stock0-4,862,6361,616,274550,418112,8462,583,098
Debtors-28,66918,1117,5441,4781,229656
Creditors28,217-36,53917,143-17,84835,4191,825
Accruals and Deferred Income-230,454232,264-3681,1182,3652,320
Deferred Taxes & Provisions000000
Cash flow from operations-181,6055,132,493-1,570,989-560,791-85,427-2,595,700
Investing Activities
capital expenditure000000
Change in Investments000000
cash flow from investments000000
Financing Activities
Bank loans000000
Group/Directors Accounts0-3,685,824461,487539,90784,0172,600,814
Other Short Term Loans 000000
Long term loans000000
Hire Purchase and Lease Commitments000000
other long term liabilities000000
share issue00000100
interest7,058-56,278-41,358-761520
cash flow from financing7,058-3,742,102420,129539,14684,0222,600,934
cash and cash equivalents
cash-174,547185,24529,1543,487-1,4055,234
overdraft0-1,205,1461,180,01425,13200
change in cash-174,5471,390,391-1,150,860-21,645-1,4055,234

strangways morrison limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Strangways Morrison Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for strangways morrison limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in DT2 area or any other competitors across 12 key performance metrics.

strangways morrison limited Ownership

STRANGWAYS MORRISON LIMITED group structure

Strangways Morrison Limited has no subsidiary companies.

Ultimate parent company

1 parent

STRANGWAYS MORRISON LIMITED

11478413

STRANGWAYS MORRISON LIMITED Shareholders

addison developments limited 100%

strangways morrison limited directors

Strangways Morrison Limited currently has 6 directors. The longest serving directors include Mr Simon Morrison (Jul 2018) and Mr Kevin Jutson (Mar 2020).

officercountryagestartendrole
Mr Simon MorrisonEngland40 years Jul 2018- Director
Mr Kevin JutsonEngland47 years Mar 2020- Director
Mr Kevin Jutson47 years Mar 2020- Director
Mr James TownshendUnited Kingdom70 years Feb 2023- Director
Hon. Mrs Charlotte TownshendEngland69 years Feb 2023- Director
Mr Marcus ScraceEngland65 years Feb 2023- Director

P&L

March 2024

turnover

725.2k

+33%

operating profit

-8k

0%

gross margin

26.2%

+0.92%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

11.7k

-0.08%

total assets

47.5k

-0.81%

cash

47.2k

-0.79%

net assets

Total assets minus all liabilities

strangways morrison limited company details

company number

11478413

Type

Private limited with Share Capital

industry

41100 - Development of building projects

incorporation date

July 2018

age

6

incorporated

UK

ultimate parent company

accounts

Total Exemption Full

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

the estate office, melbury sampford, dorchester, dorset, DT2 0LF

Bank

-

Legal Advisor

-

strangways morrison 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 4 charges/mortgages relating to strangways morrison limited. Currently there are 4 open charges and 0 have been satisfied in the past.

strangways morrison 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.

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strangways morrison limited Companies House Filings - See Documents

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