morri holdings limited

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morri holdings limited Company Information

Share MORRI HOLDINGS LIMITED

Company Number

13010753

Shareholders

neal mortimer

paul riley

Group Structure

View All

Industry

Management consultancy activities (other than financial management)

 

Registered Address

17 moor park avenue, preston, lancashire, PR1 6AS

Website

-

morri holdings limited Estimated Valuation

£127.2k

Pomanda estimates the enterprise value of MORRI HOLDINGS LIMITED at £127.2k based on a Turnover of £240.9k and 0.53x industry multiple (adjusted for size and gross margin).

morri holdings limited Estimated Valuation

£124k

Pomanda estimates the enterprise value of MORRI HOLDINGS LIMITED at £124k based on an EBITDA of £29.1k and a 4.26x industry multiple (adjusted for size and gross margin).

morri holdings limited Estimated Valuation

£428.3k

Pomanda estimates the enterprise value of MORRI HOLDINGS LIMITED at £428.3k based on Net Assets of £160.8k and 2.66x industry multiple (adjusted for liquidity).

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Morri Holdings Limited Overview

Morri Holdings Limited is a live company located in lancashire, PR1 6AS with a Companies House number of 13010753. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in November 2020, it's largest shareholder is neal mortimer with a 50% stake. Morri Holdings Limited is a young, micro sized company, Pomanda has estimated its turnover at £240.9k with unknown growth in recent years.

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Morri Holdings Limited Health Check

Pomanda's financial health check has awarded Morri Holdings Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

2 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £240.9k, make it smaller than the average company (£436.9k)

£240.9k - Morri Holdings Limited

£436.9k - Industry AVG

growth

Growth

There is insufficient data available for this Key Performance Indicator!

- - Morri Holdings Limited

- - Industry AVG

production

Production

with a gross margin of 59.7%, this company has a comparable cost of product (59.7%)

59.7% - Morri Holdings Limited

59.7% - Industry AVG

profitability

Profitability

an operating margin of 12.1% make it more profitable than the average company (7.9%)

12.1% - Morri Holdings Limited

7.9% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (5)

2 - Morri Holdings Limited

5 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.6k, the company has an equivalent pay structure (£48.6k)

£48.6k - Morri Holdings Limited

£48.6k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £120.5k, this is equally as efficient (£120.5k)

£120.5k - Morri Holdings Limited

£120.5k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Morri Holdings Limited

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Morri Holdings Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Morri Holdings Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (26 weeks)

0 weeks - Morri Holdings Limited

26 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 9.5%, this is a lower level of debt than the average (54.8%)

9.5% - Morri Holdings Limited

54.8% - Industry AVG

MORRI HOLDINGS LIMITED financials

EXPORTms excel logo

Morri Holdings Limited's latest turnover from September 2023 is estimated at £240.9 thousand and the company has net assets of £160.8 thousand. According to their latest financial statements, Morri Holdings Limited has 2 employees and maintains cash reserves of £101 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021
Turnover240,938225,956216,343
Other Income Or Grants
Cost Of Sales97,12590,54286,463
Gross Profit143,813135,414129,880
Admin Expenses114,68687,7996,443
Operating Profit29,12747,615123,437
Interest Payable
Interest Receivable345020
Pre-Tax Profit29,13148,065123,457
Tax-7,283-9,132-23,457
Profit After Tax21,84838,933100,000
Dividends Paid
Retained Profit21,84838,933100,000
Employee Costs97,26895,38090,044
Number Of Employees222
EBITDA*29,12747,615123,437

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021
Tangible Assets
Intangible Assets
Investments & Other9,5049,5049,504
Debtors (Due After 1 year)
Total Fixed Assets9,5049,5049,504
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors168,030138,91060,000
Cash1012340,000
misc current assets
total current assets168,131138,933100,000
total assets177,635148,437109,504
Bank overdraft
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities16,8529,5029,502
total current liabilities16,8529,5029,502
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities16,8529,5029,502
net assets160,783138,935100,002
total shareholders funds160,783138,935100,002
Sep 2023Sep 2022Sep 2021
Operating Activities
Operating Profit29,12747,615123,437
Depreciation
Amortisation
Tax-7,283-9,132-23,457
Stock
Debtors29,12078,91060,000
Creditors
Accruals and Deferred Income7,3509,502
Deferred Taxes & Provisions
Cash flow from operations74-40,42749,482
Investing Activities
capital expenditure
Change in Investments9,504
cash flow from investments-9,504
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue2
interest345020
cash flow from financing345022
cash and cash equivalents
cash78-39,97740,000
overdraft
change in cash78-39,97740,000

morri holdings 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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Morri Holdings Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for morri holdings limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in PR1 area or any other competitors across 12 key performance metrics.

morri holdings limited Ownership

MORRI HOLDINGS LIMITED group structure

Morri Holdings Limited has 1 subsidiary company.

Ultimate parent company

MORRI HOLDINGS LIMITED

13010753

1 subsidiary

MORRI HOLDINGS LIMITED Shareholders

neal mortimer 50%
paul riley 50%

morri holdings limited directors

Morri Holdings Limited currently has 2 directors. The longest serving directors include Mr Paul Riley (Nov 2020) and Mr Neal Mortimer (Mar 2021).

officercountryagestartendrole
Mr Paul RileyEngland64 years Nov 2020- Director
Mr Neal MortimerEngland65 years Mar 2021- Director

P&L

September 2023

turnover

240.9k

+7%

operating profit

29.1k

0%

gross margin

59.7%

-0.4%

turnover

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

Balance Sheet

September 2023

net assets

160.8k

+0.16%

total assets

177.6k

+0.2%

cash

101

+3.39%

net assets

Total assets minus all liabilities

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morri holdings limited company details

company number

13010753

Type

Private limited with Share Capital

industry

70229 - Management consultancy activities (other than financial management)

incorporation date

November 2020

age

5

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

September 2023

previous names

N/A

accountant

SBCA

auditor

-

address

17 moor park avenue, preston, lancashire, PR1 6AS

Bank

-

Legal Advisor

-

morri holdings 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 morri holdings limited.

morri holdings 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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morri holdings limited Companies House Filings - See Documents

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