conor morgan cars ltd
conor morgan cars ltd Company Information
Company Number
NI621858
Website
conormorgancarsales.co.ukRegistered Address
35 deerpark road, bellaghy, BT45 8LB
Industry
Sale of used cars and light motor vehicles
Telephone
-
Next Accounts Due
September 2024
Group Structure
View All
Directors
Conor Morgan10 Years
Shareholders
conor morgan 100%
conor morgan cars ltd Estimated Valuation
The estimated valuation range for conor morgan cars ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £366.1k
conor morgan cars ltd Estimated Valuation
The estimated valuation range for conor morgan cars ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £366.1k
conor morgan cars ltd Estimated Valuation
The estimated valuation range for conor morgan cars ltd, derived from financial data as of December 2022 and the most recent industry multiples, is between £0 to £366.1k
Get a detailed valuation report, edit figures and unlock valuation multiples.
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Conor Morgan Cars Ltd Overview
Conor Morgan Cars Ltd is a live company located in bellaghy, BT45 8LB with a Companies House number of NI621858. It operates in the sale of used cars and light motor vehicles sector, SIC Code 45112. Founded in December 2013, it's largest shareholder is conor morgan with a 100% stake. Conor Morgan Cars Ltd is a established, small sized company, Pomanda has estimated its turnover at £2m with healthy growth in recent years.
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Conor Morgan Cars Ltd Health Check
Pomanda's financial health check has awarded Conor Morgan Cars Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2m, make it smaller than the average company (£6.5m)
- Conor Morgan Cars Ltd
£6.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (6.6%)
- Conor Morgan Cars Ltd
6.6% - Industry AVG
Production
with a gross margin of 6.8%, this company has a higher cost of product (11%)
- Conor Morgan Cars Ltd
11% - Industry AVG
Profitability
an operating margin of -3.2% make it less profitable than the average company (3.2%)
- Conor Morgan Cars Ltd
3.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (12)
3 - Conor Morgan Cars Ltd
12 - Industry AVG
Pay Structure
on an average salary of £32.9k, the company has an equivalent pay structure (£32.9k)
- Conor Morgan Cars Ltd
£32.9k - Industry AVG
Efficiency
resulting in sales per employee of £656.9k, this is more efficient (£500.7k)
- Conor Morgan Cars Ltd
£500.7k - Industry AVG
Debtor Days
it gets paid by customers after 31 days, this is later than average (6 days)
- Conor Morgan Cars Ltd
6 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (16 days)
- Conor Morgan Cars Ltd
16 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Conor Morgan Cars Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Conor Morgan Cars Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 179.8%, this is a higher level of debt than the average (66.1%)
179.8% - Conor Morgan Cars Ltd
66.1% - Industry AVG
conor morgan cars ltd Credit Report and Business Information
Conor Morgan Cars Ltd Competitor Analysis
Perform a competitor analysis for conor morgan cars ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
conor morgan cars ltd Ownership
CONOR MORGAN CARS LTD group structure
Conor Morgan Cars Ltd has no subsidiary companies.
Ultimate parent company
CONOR MORGAN CARS LTD
NI621858
conor morgan cars ltd directors
Conor Morgan Cars Ltd currently has 1 director, Mr Conor Morgan serving since Dec 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Conor Morgan | Northern Ireland | 52 years | Dec 2013 | - | Director |
CONOR MORGAN CARS LTD financials
Conor Morgan Cars Ltd's latest turnover from December 2022 is estimated at £2 million and the company has net assets of -£177 thousand. According to their latest financial statements, Conor Morgan Cars Ltd has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | |||||||||
| Interest Receivable | |||||||||
| Pre-Tax Profit | |||||||||
| Tax | |||||||||
| Profit After Tax | |||||||||
| Dividends Paid | |||||||||
| Retained Profit | |||||||||
| Employee Costs | |||||||||
| Number Of Employees | 3 | 2 | 3 | 3 | 3 | 3 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 51,193 | 57,574 | 43,730 | 42,489 | 28,345 | 21,544 | 26,356 | 24,748 | 28,525 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,000 | 8,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 51,193 | 57,574 | 43,730 | 42,489 | 28,345 | 21,544 | 26,356 | 30,748 | 36,525 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 114,400 | 124,750 |
| Trade Debtors | 170,462 | 230,589 | 238,987 | 208,837 | 196,398 | 119,553 | 139,643 | 0 | 1,143 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36,086 | 3,789 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 170,462 | 230,589 | 238,987 | 208,837 | 196,398 | 119,553 | 139,643 | 150,486 | 129,682 |
| total assets | 221,655 | 288,163 | 282,717 | 251,326 | 224,743 | 141,097 | 165,999 | 181,234 | 166,207 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 396,526 | 400,705 | 405,895 | 145,341 | 132,212 | 227,587 | 228,281 | 71,399 | 20,368 |
| Group/Directors Accounts | 0 | 0 | 0 | 204,892 | 193,942 | 0 | 0 | 155,131 | 154,856 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 396,526 | 400,705 | 405,895 | 350,233 | 326,154 | 227,587 | 228,281 | 226,530 | 175,224 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 2,100 | 2,150 | 1,600 | 1,600 | 1,300 | 950 | 2,100 | 3,150 | 1,200 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,100 | 2,150 | 1,600 | 1,600 | 1,300 | 950 | 2,100 | 3,150 | 1,200 |
| total liabilities | 398,626 | 402,855 | 407,495 | 351,833 | 327,454 | 228,537 | 230,381 | 229,680 | 176,424 |
| net assets | -176,971 | -114,692 | -124,778 | -100,507 | -102,711 | -87,440 | -64,382 | -48,446 | -10,217 |
| total shareholders funds | -176,971 | -114,692 | -124,778 | -100,507 | -102,711 | -87,440 | -64,382 | -48,446 | -10,217 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 5,945 | 6,743 | |||||||
| Amortisation | 2,000 | 2,000 | |||||||
| Tax | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -114,400 | -10,350 | 124,750 |
| Debtors | -60,127 | -8,398 | 30,150 | 12,439 | 76,845 | -20,090 | 139,643 | -1,143 | 1,143 |
| Creditors | -4,179 | -5,190 | 260,554 | 13,129 | -95,375 | -694 | 156,882 | 51,031 | 20,368 |
| Accruals and Deferred Income | -50 | 550 | 0 | 300 | 350 | -1,150 | -1,050 | 1,950 | 1,200 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | -204,892 | 10,950 | 193,942 | 0 | -155,131 | 275 | 154,856 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -36,086 | 32,297 | 3,789 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -36,086 | 32,297 | 3,789 |
P&L
December 2022turnover
2m
+4%
operating profit
-62.3k
0%
gross margin
6.8%
+7.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
-177k
+0.54%
total assets
221.7k
-0.23%
cash
0
0%
net assets
Total assets minus all liabilities
conor morgan cars ltd company details
company number
NI621858
Type
Private limited with Share Capital
industry
45112 - Sale of used cars and light motor vehicles
incorporation date
December 2013
age
11
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
35 deerpark road, bellaghy, BT45 8LB
last accounts submitted
December 2022
conor morgan cars 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 conor morgan cars ltd.
conor morgan cars ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
