Pomanda estimates the enterprise value of MORLEY DEVELOPMENTS LTD at £36.6k based on a Turnover of £32.4k and 1.13x industry multiple (adjusted for size and gross margin).
morley developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MORLEY DEVELOPMENTS LTD at £0 based on an EBITDA of £-1.3k and a 3.32x industry multiple (adjusted for size and gross margin).
morley developments ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MORLEY DEVELOPMENTS LTD at £0 based on Net Assets of £-1.2k and 1.45x industry multiple (adjusted for liquidity).
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Morley Developments LtdOverview
Morley Developments Ltd is a live company located in ilford, IG1 1RL with a Companies House number of 12961523. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2020, it's largest shareholder is
gurjit singh aulak
with a 100% stake. Morley Developments Ltd is a young,
micro sized company, Pomanda has estimated its turnover at
£32.4k with
unknown
growth in recent years.
Pomanda's financial health check has awarded Morley Developments Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1out of 5
1 Strong
1 Regular
6 Weak
Size
annual sales of £32.4k, make it smaller than the average company (£1.5m)
£32.4k - Morley Developments Ltd
£1.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Morley Developments Ltd
- - Industry AVG
Production
with a gross margin of 18.1%, this company has a higher cost of product (48.4%)
18.1% - Morley Developments Ltd
48.4% - Industry AVG
Profitability
an operating margin of -4% make it less profitable than the average company (15.9%)
-4% - Morley Developments Ltd
15.9% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Morley Developments Ltd
5 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
£41k - Morley Developments Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £32.4k, this is less efficient (£225.3k)
£32.4k - Morley Developments Ltd
£225.3k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (26 days)
1 days - Morley Developments Ltd
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Morley Developments Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Morley Developments Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Morley Developments Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 100.1%, this is a higher level of debt than the average (68.9%)
100.1% - Morley Developments Ltd
68.9% - Industry AVG
MORLEY DEVELOPMENTS LTD financials
EXPORT
Morley Developments Ltd's latest turnover from October 2023 is estimated at £32.4 thousand and the company has net assets of -£1.2 thousand. According to their latest financial statements, Morley Developments Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Oct 2023
Oct 2022
Oct 2021
Turnover
32,380
32,996
32,583
Other Income Or Grants
Cost Of Sales
26,522
26,916
27,126
Gross Profit
5,858
6,080
5,457
Admin Expenses
7,164
6,080
5,334
Operating Profit
-1,306
123
Interest Payable
Interest Receivable
Pre-Tax Profit
-1,306
123
Tax
-23
Profit After Tax
-1,306
100
Dividends Paid
Retained Profit
-1,306
100
Employee Costs
40,979
40,839
39,724
Number Of Employees
1
1
1
EBITDA*
-1,306
123
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023
Oct 2022
Oct 2021
Tangible Assets
1,198,000
1,748,000
1,338,000
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,198,000
1,748,000
1,338,000
Stock & work in progress
Trade Debtors
100
100
100
Group Debtors
Misc Debtors
Cash
misc current assets
total current assets
100
100
100
total assets
1,198,100
1,748,100
1,338,100
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
loans
hp & lease commitments
Accruals and Deferred Income
500
other liabilities
1,198,806
1,748,000
1,338,000
provisions
total long term liabilities
1,199,306
1,748,000
1,338,000
total liabilities
1,199,306
1,748,000
1,338,000
net assets
-1,206
100
100
total shareholders funds
-1,206
100
100
Oct 2023
Oct 2022
Oct 2021
Operating Activities
Operating Profit
-1,306
123
Depreciation
Amortisation
Tax
-23
Stock
Debtors
100
Creditors
Accruals and Deferred Income
500
Deferred Taxes & Provisions
Cash flow from operations
-806
Investing Activities
capital expenditure
550,000
-410,000
-1,338,000
Change in Investments
cash flow from investments
550,000
-410,000
-1,338,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-549,194
410,000
1,338,000
share issue
interest
cash flow from financing
-549,194
410,000
1,338,000
cash and cash equivalents
cash
overdraft
change in cash
morley developments 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 morley developments ltd. Get real-time insights into morley developments ltd's credit score, group structure and payment trends.
Perform a competitor analysis for morley developments ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in IG1 area or any other competitors across 12 key performance metrics.
morley developments ltd Ownership
MORLEY DEVELOPMENTS LTD group structure
Morley Developments Ltd has no subsidiary companies.
Ultimate parent company
MORLEY DEVELOPMENTS LTD
12961523
MORLEY DEVELOPMENTS LTD Shareholders
The sole shareholder of Morley Developments Ltd is Gurjit Singh Aulak.
gurjit singh aulak
100%
morley developments ltd directors
Morley Developments Ltd currently has 2 directors.
The longest serving directors include
Mr Gurjit Aulak (Oct 2020) and
Mr Gurjit Aulak (Oct 2020).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023
net assets
-1.2k
-13.06%
total assets
1.2m
-0.31%
cash
0
0%
net assets
Total assets minus all liabilities
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morley developments ltd company details
company number
12961523
Type
Private limited with Share Capital
industry
68100 - Buying and selling of own real estate
41100 - Development of building projects
incorporation date
October 2020
age
5
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
-
address
7a connaught road, ilford, IG1 1RL
Bank
-
Legal Advisor
-
morley developments 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 morley developments ltd.
morley developments 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.
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morley developments ltdCompanies House Filings - See Documents
