Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
Registered Address
110 carlton avenue east, wembley, HA9 8LY
Website
-
julie morris ltdEstimated Valuation
£217.9k
Pomanda estimates the enterprise value of JULIE MORRIS LTD at £217.9k based on a Turnover of £303.1k and 0.72x industry multiple (adjusted for size and gross margin).
julie morris ltdEstimated Valuation
£498.6k
Pomanda estimates the enterprise value of JULIE MORRIS LTD at £498.6k based on an EBITDA of £135.5k and a 3.68x industry multiple (adjusted for size and gross margin).
julie morris ltdEstimated Valuation
£517.5k
Pomanda estimates the enterprise value of JULIE MORRIS LTD at £517.5k based on Net Assets of £317.7k and 1.63x industry multiple (adjusted for liquidity).
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Julie Morris LtdOverview
Julie Morris Ltd is a live company located in wembley, HA9 8LY with a Companies House number of 12391309. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in January 2020, it's largest shareholder is
julie morris
with a 65% stake. Julie Morris Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£303.1k with
declining
growth in recent years.
Pomanda's financial health check has awarded Julie Morris Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
1 Regular
3 Weak
Size
annual sales of £303.1k, make it smaller than the average company (£676.7k)
£303.1k - Julie Morris Ltd
£676.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -9%, show it is growing at a slower rate (8.6%)
-9% - Julie Morris Ltd
8.6% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (55.7%)
100% - Julie Morris Ltd
55.7% - Industry AVG
Profitability
an operating margin of 44.3% make it more profitable than the average company (8%)
44.3% - Julie Morris Ltd
8% - Industry AVG
Employees
with 2 employees, this is below the industry average (7)
2 - Julie Morris Ltd
7 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
£35.2k - Julie Morris Ltd
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £151.6k, this is more efficient (£71.8k)
£151.6k - Julie Morris Ltd
£71.8k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (57 days)
0 days - Julie Morris Ltd
57 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Julie Morris Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Julie Morris Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 337 weeks, this is more cash available to meet short term requirements (23 weeks)
337 weeks - Julie Morris Ltd
23 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14%, this is a lower level of debt than the average (54%)
14% - Julie Morris Ltd
54% - Industry AVG
JULIE MORRIS LTD financials
EXPORT
Julie Morris Ltd's latest turnover from February 2024 is £303.1 thousand and the company has net assets of £317.7 thousand. According to their latest financial statements, Julie Morris Ltd has 2 employees and maintains cash reserves of £335.6 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Feb 2024
Jan 2023
Jan 2022
Jan 2021
Turnover
303,109
930,333
1,221,252
403,947
Other Income Or Grants
Cost Of Sales
320,179
503,975
166,063
Gross Profit
303,109
610,154
717,277
237,884
Admin Expenses
168,885
590,732
544,688
139,583
Operating Profit
134,224
19,422
172,589
98,301
Interest Payable
Interest Receivable
Pre-Tax Profit
134,224
19,422
172,589
98,301
Tax
-24,716
-3,690
-32,792
-18,677
Profit After Tax
109,508
15,732
139,797
79,624
Dividends Paid
Retained Profit
109,508
15,732
139,797
79,624
Employee Costs
70,355
64,210
510,548
29,263
Number Of Employees
2
2
18
1
EBITDA*
135,510
19,422
172,589
98,301
* Earnings Before Interest, Tax, Depreciation and Amortisation
Feb 2024
Jan 2023
Jan 2022
Jan 2021
Tangible Assets
28,720
3,973
95
118
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
28,720
3,973
95
118
Stock & work in progress
Trade Debtors
35
264,897
313,229
113,644
Group Debtors
Misc Debtors
5,000
Cash
335,568
misc current assets
total current assets
340,603
264,897
313,229
113,644
total assets
369,323
268,870
313,324
113,762
Bank overdraft
Bank loan
Trade Creditors
10,557
70,895
34,138
Group/Directors Accounts
6,727
23,160
23,008
other short term finances
hp & lease commitments
other current liabilities
44,935
total current liabilities
51,662
33,717
93,903
34,138
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
51,662
33,717
93,903
34,138
net assets
317,661
235,153
219,421
79,624
total shareholders funds
317,661
235,153
219,421
79,624
Feb 2024
Jan 2023
Jan 2022
Jan 2021
Operating Activities
Operating Profit
134,224
19,422
172,589
98,301
Depreciation
1,286
Amortisation
Tax
-24,716
-3,690
-32,792
-18,677
Stock
Debtors
-259,862
-48,332
199,585
113,644
Creditors
-10,557
-60,338
36,757
34,138
Accruals and Deferred Income
44,935
Deferred Taxes & Provisions
Cash flow from operations
405,034
3,726
-23,031
118
Investing Activities
capital expenditure
-26,033
-3,878
23
-118
Change in Investments
cash flow from investments
-26,033
-3,878
23
-118
Financing Activities
Bank loans
Group/Directors Accounts
-16,433
152
23,008
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
-27,000
interest
cash flow from financing
-43,433
152
23,008
cash and cash equivalents
cash
335,568
overdraft
change in cash
335,568
julie morris ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for julie morris ltd. Get real-time insights into julie morris ltd's credit score, group structure and payment trends.
Perform a competitor analysis for julie morris ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in HA9 area or any other competitors across 12 key performance metrics.
julie morris ltd Ownership
JULIE MORRIS LTD group structure
Julie Morris Ltd has no subsidiary companies.
Ultimate parent company
JULIE MORRIS LTD
12391309
JULIE MORRIS LTD Shareholders
The largest shareholders in Julie Morris Ltd include Julie Morris and Richard Nimmo.
julie morris
65%
richard nimmo
35%
julie morris ltd directors
Julie Morris Ltd currently has 2 directors.
The longest serving directors include
Mrs Julie Morris (Jan 2020) and
Mr Richard Nimmo (Apr 2022).
69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
ACCOUNTANCY HUB
auditor
-
address
110 carlton avenue east, wembley, HA9 8LY
Bank
-
Legal Advisor
-
julie morris 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 julie morris ltd.
julie morris 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 JULIE MORRIS LTD. This can take several minutes, an email will notify you when this has completed.
julie morris ltdCompanies House Filings - See Documents
