morris perrin insurance consultants limited

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morris perrin insurance consultants limited Company Information

Share MORRIS PERRIN INSURANCE CONSULTANTS LIMITED

Company Number

11798843

Shareholders

jeremy perrin

kelly perrin

Group Structure

View All

Industry

Non-life insurance

 

Registered Address

units 1 & 2 field view, baynards green, bicester, OX27 7SG

morris perrin insurance consultants limited Estimated Valuation

£67.2k

Pomanda estimates the enterprise value of MORRIS PERRIN INSURANCE CONSULTANTS LIMITED at £67.2k based on a Turnover of £124.7k and 0.54x industry multiple (adjusted for size and gross margin).

morris perrin insurance consultants limited Estimated Valuation

£0

Pomanda estimates the enterprise value of MORRIS PERRIN INSURANCE CONSULTANTS LIMITED at £0 based on an EBITDA of £-687 and a 6.4x industry multiple (adjusted for size and gross margin).

morris perrin insurance consultants limited Estimated Valuation

£743

Pomanda estimates the enterprise value of MORRIS PERRIN INSURANCE CONSULTANTS LIMITED at £743 based on Net Assets of £437 and 1.7x industry multiple (adjusted for liquidity).

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Morris Perrin Insurance Consultants Limited Overview

Morris Perrin Insurance Consultants Limited is a live company located in bicester, OX27 7SG with a Companies House number of 11798843. It operates in the non-life insurance sector, SIC Code 65120. Founded in January 2019, it's largest shareholder is jeremy perrin with a 50% stake. Morris Perrin Insurance Consultants Limited is a young, micro sized company, Pomanda has estimated its turnover at £124.7k with unknown growth in recent years.

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Morris Perrin Insurance Consultants Limited Health Check

Pomanda's financial health check has awarded Morris Perrin Insurance Consultants Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1out of 5
positive_score

0 Strong

positive_score

3 Regular

positive_score

6 Weak

size

Size

annual sales of £124.7k, make it smaller than the average company (£2.2m)

£124.7k - Morris Perrin Insurance Consultants Limited

£2.2m - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Morris Perrin Insurance Consultants Limited

- - Industry AVG

production

Production

with a gross margin of 83.8%, this company has a comparable cost of product (100%)

83.8% - Morris Perrin Insurance Consultants Limited

100% - Industry AVG

profitability

Profitability

an operating margin of -0.5% make it less profitable than the average company (19%)

-0.5% - Morris Perrin Insurance Consultants Limited

19% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (25)

2 - Morris Perrin Insurance Consultants Limited

25 - Industry AVG

paystructure

Pay Structure

on an average salary of £63.8k, the company has an equivalent pay structure (£63.8k)

£63.8k - Morris Perrin Insurance Consultants Limited

£63.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £62.4k, this is less efficient (£157.5k)

£62.4k - Morris Perrin Insurance Consultants Limited

£157.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 195 days, this is near the average (207 days)

195 days - Morris Perrin Insurance Consultants Limited

207 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 206 days, this is quicker than average (272 days)

206 days - Morris Perrin Insurance Consultants Limited

272 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Morris Perrin Insurance Consultants Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Morris Perrin Insurance Consultants Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 99.4%, this is a higher level of debt than the average (78.3%)

99.4% - Morris Perrin Insurance Consultants Limited

78.3% - Industry AVG

MORRIS PERRIN INSURANCE CONSULTANTS LIMITED financials

EXPORTms excel logo

Morris Perrin Insurance Consultants Limited's latest turnover from January 2024 is estimated at £124.7 thousand and the company has net assets of £437. According to their latest financial statements, Morris Perrin Insurance Consultants Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020
Turnover124,72261,262000
Other Income Or Grants00000
Cost Of Sales20,18816,876000
Gross Profit104,53344,386000
Admin Expenses105,22041,783-1,09313,450-18,546
Operating Profit-6872,6031,093-13,45018,546
Interest Payable01,3191,8069150
Interest Receivable011425917
Pre-Tax Profit-6871,398-688-14,35618,563
Tax0-26600-3,527
Profit After Tax-6871,132-688-14,35615,036
Dividends Paid00000
Retained Profit-6871,132-688-14,35615,036
Employee Costs127,69957,000000
Number Of Employees21000
EBITDA*-6876,1664,134-10,35218,546

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020
Tangible Assets10,2432,0273,9426,9838,593
Intangible Assets00000
Investments & Other00000
Debtors (Due After 1 year)00000
Total Fixed Assets10,2432,0273,9426,9838,593
Stock & work in progress00000
Trade Debtors66,74244,867000
Group Debtors00000
Misc Debtors021,33755,06326,4386,066
Cash006,49113,4224,426
misc current assets0064700
total current assets66,74266,20462,20139,86010,492
total assets76,98568,23166,14346,84319,085
Bank overdraft003,6004,0000
Bank loan00000
Trade Creditors 11,40419,5540060
Group/Directors Accounts00000
other short term finances00000
hp & lease commitments00000
other current liabilities0037,52416,0633,889
total current liabilities11,40419,55441,12420,0633,949
loans0024,17826,0000
hp & lease commitments00000
Accruals and Deferred Income44,50822,708000
other liabilities20,63624,444000
provisions040174900
total long term liabilities65,14447,55324,92726,0000
total liabilities76,54867,10766,05146,0633,949
net assets4371,1249278015,136
total shareholders funds4371,1249278015,136
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020
Operating Activities
Operating Profit-6872,6031,093-13,45018,546
Depreciation03,5633,0413,0980
Amortisation00000
Tax0-26600-3,527
Stock00000
Debtors53811,14128,62520,3726,066
Creditors-8,15019,5540-6060
Accruals and Deferred Income21,800-14,81621,46112,1743,889
Deferred Taxes & Provisions-401-34874900
Cash flow from operations12,024-851-2,281-18,61012,902
Investing Activities
capital expenditure-8,216-1,6480-1,488-8,593
Change in Investments00000
cash flow from investments-8,216-1,6480-1,488-8,593
Financing Activities
Bank loans00000
Group/Directors Accounts00000
Other Short Term Loans 00000
Long term loans0-24,178-1,82226,0000
Hire Purchase and Lease Commitments00000
other long term liabilities-3,80824,444000
share issue0-10000100
interest0-1,205-1,781-90617
cash flow from financing-3,808-1,039-3,60325,094117
cash and cash equivalents
cash0-6,491-6,9318,9964,426
overdraft0-3,600-4004,0000
change in cash0-2,891-6,5314,9964,426

morris perrin insurance consultants 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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Morris Perrin Insurance Consultants Limited Competitor Analysis

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Perform a competitor analysis for morris perrin insurance consultants limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in OX27 area or any other competitors across 12 key performance metrics.

morris perrin insurance consultants limited Ownership

MORRIS PERRIN INSURANCE CONSULTANTS LIMITED group structure

Morris Perrin Insurance Consultants Limited has no subsidiary companies.

Ultimate parent company

MORRIS PERRIN INSURANCE CONSULTANTS LIMITED

11798843

MORRIS PERRIN INSURANCE CONSULTANTS LIMITED Shareholders

jeremy perrin 50%
kelly perrin 50%

morris perrin insurance consultants limited directors

Morris Perrin Insurance Consultants Limited currently has 2 directors. The longest serving directors include Mrs Kelly Perrin (Jan 2019) and Mr Jeremy Perrin (Jan 2019).

officercountryagestartendrole
Mrs Kelly PerrinEngland41 years Jan 2019- Director
Mr Jeremy PerrinEngland50 years Jan 2019- Director

P&L

January 2024

turnover

124.7k

+104%

operating profit

-687

0%

gross margin

83.9%

+15.68%

turnover

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

Balance Sheet

January 2024

net assets

437

-0.61%

total assets

77k

+0.13%

cash

0

0%

net assets

Total assets minus all liabilities

morris perrin insurance consultants limited company details

company number

11798843

Type

Private limited with Share Capital

industry

65120 - Non-life insurance

incorporation date

January 2019

age

6

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

January 2024

previous names

morris perrin limited (May 2019)

accountant

STYLES & ASSOCIATES LIMITED

auditor

-

address

units 1 & 2 field view, baynards green, bicester, OX27 7SG

Bank

-

Legal Advisor

-

morris perrin insurance consultants 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 morris perrin insurance consultants limited.

morris perrin insurance consultants 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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morris perrin insurance consultants limited Companies House Filings - See Documents

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