morar north berwick ltd.
morar north berwick ltd. Company Information
Company Number
SC656877
Website
-Registered Address
stewart house pochard way, strathclyde business park, bellshill, ML4 3HB
Industry
Management of real estate on a fee or contract basis
Buying and selling of own real estate
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
christopher o'brien 50%
gary thomas sharp 50%
morar north berwick ltd. Estimated Valuation
Pomanda estimates the enterprise value of MORAR NORTH BERWICK LTD. at £3.3m based on a Turnover of £1.3m and 2.56x industry multiple (adjusted for size and gross margin).
morar north berwick ltd. Estimated Valuation
Pomanda estimates the enterprise value of MORAR NORTH BERWICK LTD. at £0 based on an EBITDA of £-426.1k and a 6.5x industry multiple (adjusted for size and gross margin).
morar north berwick ltd. Estimated Valuation
Pomanda estimates the enterprise value of MORAR NORTH BERWICK LTD. at £0 based on Net Assets of £-474.8k and 1.01x industry multiple (adjusted for liquidity).
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Morar North Berwick Ltd. Overview
Morar North Berwick Ltd. is a live company located in bellshill, ML4 3HB with a Companies House number of SC656877. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in March 2020, it's largest shareholder is christopher o'brien with a 50% stake. Morar North Berwick Ltd. is a startup, small sized company, Pomanda has estimated its turnover at £1.3m with unknown growth in recent years.
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Morar North Berwick Ltd. Health Check
Pomanda's financial health check has awarded Morar North Berwick Ltd. a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £1.3m, make it larger than the average company (£913.5k)
- Morar North Berwick Ltd.
£913.5k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Morar North Berwick Ltd.
- - Industry AVG
Production
with a gross margin of 61.4%, this company has a comparable cost of product (61.4%)
- Morar North Berwick Ltd.
61.4% - Industry AVG
Profitability
an operating margin of -37.3% make it less profitable than the average company (26.9%)
- Morar North Berwick Ltd.
26.9% - Industry AVG
Employees
with 9 employees, this is above the industry average (6)
- Morar North Berwick Ltd.
6 - Industry AVG
Pay Structure
on an average salary of £36k, the company has an equivalent pay structure (£36k)
- Morar North Berwick Ltd.
£36k - Industry AVG
Efficiency
resulting in sales per employee of £141.7k, this is equally as efficient (£156.8k)
- Morar North Berwick Ltd.
£156.8k - Industry AVG
Debtor Days
it gets paid by customers after 41 days, this is later than average (30 days)
- Morar North Berwick Ltd.
30 days - Industry AVG
Creditor Days
its suppliers are paid after 73 days, this is slower than average (33 days)
- Morar North Berwick Ltd.
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Morar North Berwick Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (16 weeks)
6 weeks - Morar North Berwick Ltd.
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 164.7%, this is a higher level of debt than the average (69.3%)
164.7% - Morar North Berwick Ltd.
69.3% - Industry AVG
MORAR NORTH BERWICK LTD. financials
Morar North Berwick Ltd.'s latest turnover from March 2023 is estimated at £1.3 million and the company has net assets of -£474.8 thousand. According to their latest financial statements, we estimate that Morar North Berwick Ltd. has 9 employees and maintains cash reserves of £139.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Tangible Assets | 450,000 | 500,000 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 450,000 | 500,000 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 144,325 | 150,000 | 150,000 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 139,914 | 100 | 100 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 284,239 | 150,100 | 150,100 |
| total assets | 734,239 | 650,100 | 150,100 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 98,474 | 0 | 0 |
| Group/Directors Accounts | 827,882 | 650,000 | 150,000 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 282,668 | 1,720 | 1,360 |
| total current liabilities | 1,209,024 | 651,720 | 151,360 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 1,209,024 | 651,720 | 151,360 |
| net assets | -474,785 | -1,620 | -1,260 |
| total shareholders funds | -474,785 | -1,620 | -1,260 |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 50,000 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | -5,675 | 0 | 150,000 |
| Creditors | 98,474 | 0 | 0 |
| Accruals and Deferred Income | 280,948 | 360 | 1,360 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 177,882 | 500,000 | 150,000 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 139,814 | 0 | 100 |
| overdraft | 0 | 0 | 0 |
| change in cash | 139,814 | 0 | 100 |
morar north berwick ltd. Credit Report and Business Information
Morar North Berwick Ltd. Competitor Analysis
Perform a competitor analysis for morar north berwick ltd. by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in ML4 area or any other competitors across 12 key performance metrics.
morar north berwick ltd. Ownership
MORAR NORTH BERWICK LTD. group structure
Morar North Berwick Ltd. has no subsidiary companies.
Ultimate parent company
MORAR NORTH BERWICK LTD.
SC656877
morar north berwick ltd. directors
Morar North Berwick Ltd. currently has 2 directors. The longest serving directors include Mr Gary Sharp (Mar 2020) and Mr Christopher O'Brien (Jun 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Gary Sharp | Scotland | 40 years | Mar 2020 | - | Director |
| Mr Christopher O'Brien | Scotland | 55 years | Jun 2024 | - | Director |
P&L
March 2023turnover
1.3m
-24%
operating profit
-476.1k
0%
gross margin
61.5%
-1.45%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-474.8k
+292.08%
total assets
734.2k
+0.13%
cash
139.9k
+1398.14%
net assets
Total assets minus all liabilities
Similar Companies
morar north berwick ltd. company details
company number
SC656877
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
68320 - Management of real estate on a fee or contract basis
68100 - Buying and selling of own real estate
incorporation date
March 2020
age
4
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
simply acquisition 018 ltd (December 2020)
simply acquisition 18 ltd (March 2020)
last accounts submitted
March 2023
address
stewart house pochard way, strathclyde business park, bellshill, ML4 3HB
accountant
-
auditor
-
morar north berwick 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 morar north berwick ltd..
morar north berwick ltd. Companies House Filings - See Documents
| date | description | view/download |
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