Morro Partnerships Limited in Cannock, WS11 0EJ

Description

Data updated on: 01-11-2023

Morro Partnerships is a business situated at WS11 0EJ Cannock at Jessup House, 2 Station Court. The firm was set up in 1988 and is established under reg. no. 02216084. The firm has been present on the UK market for 36 years now and its state is active. one year from now this business changed its registered name from Jessup Brothers to Morro Partnerships Limited. This firm's SIC and NACE codes are 41100 and has the NACE code: Development of building projects. 2022-03-31 is the last time company accounts were filed.

32 transactions have been registered in 2014 with a sum total of £2,913,047. In 2013 there were less transactions (exactly 16) that added up to £1,354,939.

Currently, the directors chosen by this particular business are as follow: Thomas G. assigned this position two years ago, Christopher T. assigned this position on 2022-05-03 and Matthew M. assigned this position in 2022.

Previous company's names
Morro Partnerships Limited 2023-10-09
Jessup Brothers Limited 1988-02-02

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2020-03-31	2021-03-31	2022-03-31
Currency

Balance Sheet
Cash Bank On Hand	6 314 719	6 188 021	18 947 812	18 170 746	11 737 277
Current Assets	15 503 107	18 546 606	35 409 733	40 868 524	39 817 599
Debtors	4 537 292	4 483 634	9 654 469	15 479 144	20 438 637
Net Assets Liabilities	10 932 339	10 971 025	23 078 598	27 237 134	26 151 306
Other Debtors	286 308	422 755	285 259	329 040
Property Plant Equipment	152 293	131 248	268 511	233 814	144 747
Total Inventories	4 651 096	7 874 951	6 807 452	7 218 634	7 641 685

Other Financial Data
Audit Fees Expenses	7 700	7 800
Fees For Non-audit Services	20 600	22 400	40 182	26 000	33 827
Company Contributions To Money Purchase Plans Directors	180 000
Director Remuneration	29 092	31 507	170 067	149 028
Dividend Recommended By Directors		2 241 738
Number Directors Accruing Benefits Under Money Purchase Scheme	2	2
Accrued Liabilities	31 323	57 691
Accumulated Depreciation Impairment Property Plant Equipment	194 910	206 043	216 626	254 335	217 163
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-3 192		2 354	-1 244
Administrative Expenses	1 397 870	1 496 438	2 430 758	2 614 547	2 808 796
Amounts Owed By Associates	90 000
Amounts Owed By Group Undertakings	614 780		1 767 185	3 187 024	7 777 308
Applicable Tax Rate	20	20	19	19	19
Average Number Employees During Period	51	46	77	78	90
Cash Cash Equivalents Cash Flow Value	6 314 719
Comprehensive Income Expense	2 287 259	2 280 424	2 973 247	4 158 536	809 125
Corporation Tax Payable	377 685	335 340	94 504	649 642
Cost Sales	25 677 663	25 766 057	50 345 066	48 949 475	59 631 944
Creditors	4 754 364	7 724 824	12 599 351	13 862 555	13 809 635
Current Tax For Period	577 684	575 339	667 974	984 642	225 213
Depreciation Amortisation Expense	49 371	42 565
Depreciation Expense Property Plant Equipment	49 372	42 565	85 365	74 410	45 256
Disposals Decrease In Depreciation Impairment Property Plant Equipment		31 432		36 701	82 428
Disposals Property Plant Equipment		50 162		69 114	147 439
Dividend Per Share Interim		21 978
Dividends Paid	640 200	2 241 738			1 894 953
Dividends Paid Classified As Financing Activities	-640 200	-2 241 738
Dividends Paid On Shares Interim	640 200	2 241 738			1 894 953
Fixed Assets	186 788	149 243	286 506	251 809	162 742
Further Item Interest Expense Component Total Interest Expense		14 301
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total		-14 000
Further Operating Expense Item Component Total Operating Expenses	27 650	38 600	-265 232	-356 631	-34 500
Future Minimum Lease Payments Under Non-cancellable Operating Leases	907	69 350	38 600	38 600	40 500
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-3 147 394	3 021 154
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	5 110 847	12 757
Gain Loss On Disposal Assets Income Statement Subtotal	-2 148	-3 580
Gain Loss On Disposals Property Plant Equipment	-2 148	-3 580	-497	-1 663	11 739
Gross Profit Loss	4 139 826	4 286 613	5 457 239	7 219 695	3 883 276
Income Taxes Paid Refund Classified As Operating Activities	-260 410	-617 684
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	3 183 618	-126 698
Increase Decrease In Current Tax From Adjustment For Prior Periods	-459	1 633	-168 379
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	720 695	3 223 855
Increase From Depreciation Charge For Year Property Plant Equipment		42 565		74 410	45 256
Interest Paid Classified As Operating Activities		-14 301
Interest Payable Similar Charges Finance Costs		14 301
Investments Fixed Assets	34 495	17 995	17 995	17 995	17 995
Net Cash Flows From Used In Financing Activities	671 661	2 209 186
Net Cash Flows From Used In Investing Activities	-15 273	-5 803
Net Cash Flows From Used In Operating Activities	-3 840 006	-2 076 685
Net Cash Generated From Operations	-4 100 416	-2 708 670
Net Current Assets Liabilities	10 748 743	10 821 782	22 810 382	27 005 969	26 007 964
Net Interest Received Paid Classified As Investing Activities	-52 361	-14 403
Number Shares Issued Fully Paid		102		102	102
Operating Profit Loss	2 806 139	2 852 469	3 384 675	5 131 610
Other Creditors	7 771	2 139	19 643	4 120	731
Other Deferred Tax Expense Credit	-6 443	-3 192	16 978	2 354	-1 244
Other Interest Receivable Similar Income Finance Income	52 361	14 403	105 145	13 922	7 040
Other Loans Classified Under Investments	34 495	-16 500	17 995	17 995
Other Operating Income Format1	64 183	62 294	358 194	526 462	151 473
Other Taxation Social Security Payable	68 850	77 379	150 358	170 569	177 345
Par Value Share		1		1	1
Pension Other Post-employment Benefit Costs Other Pension Costs	180 000	2 665	97 303	65 656
Prepayments Accrued Income	35 184	45 155
Proceeds From Sales Property Plant Equipment	-4 500	-17 650
Profit Loss	2 287 259	2 280 424	2 973 247	4 158 536	809 125
Profit Loss On Ordinary Activities Before Tax	2 858 500	2 852 571	3 489 820	5 145 532	1 033 094
Property Plant Equipment Gross Cost	347 203	337 291	485 137	488 149	361 910
Provisions	3 192		18 290	20 644	19 400
Provisions For Liabilities Balance Sheet Subtotal	3 192		18 290	20 644	19 400
Purchase Property Plant Equipment	-41 588	-40 250
Recoverable Value-added Tax	438 240	546 304	746 377	634 607	789 778
Social Security Costs	143 923	163 550	266 578	295 775
Staff Costs Employee Benefits Expense	2 032 901	1 827 664	2 861 135	3 140 768
Tax Expense Credit Applicable Tax Rate	571 700	570 514	663 066	977 651	196 288
Tax Tax Credit On Profit Or Loss On Ordinary Activities	571 241	572 147	516 573	986 996	223 969
Total Additions Including From Business Combinations Property Plant Equipment		40 250		72 126	21 200
Total Assets Less Current Liabilities	10 935 531	10 971 025	23 096 888	27 257 778	26 170 706
Total Operating Lease Payments	6 055	605	39 343	50 043	44 334
Trade Creditors Trade Payables	4 268 735	6 446 960	2 700 476	4 219 338	4 798 452
Trade Debtors Trade Receivables	3 044 610	3 469 420	4 308 813	7 276 937	7 260 721
Turnover Revenue	29 817 489	30 052 670	55 802 305	56 169 170	63 515 220
Wages Salaries	1 708 978	1 661 449	2 497 254	2 779 337
Work In Progress	4 651 096	7 874 951	6 807 452	7 218 634	7 641 685
Accrued Liabilities Deferred Income			7 738 736	8 798 736	8 833 107
Amounts Recoverable On Contracts			1 512 252	1 477 764
Corporation Tax Recoverable					217 144
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				2 355	-1 244
Further Item Operating Income Component Total Other Operating Income			7 454	4 393	77 880
Gain Loss On Disposals Other Non-current Assets					-199 899
Government Grant Income			257 778	436 229	34 500
Loans From Directors			507
Other Revenue					19 643
Prepayments			329 808	1 213 268	670 473
Rental Leasing Income			15 082	7 960
Tax Decrease From Utilisation Tax Losses				533
Tax Increase Decrease From Effect Capital Allowances Depreciation			-393	-2 358	5 900
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				9 881	23 025
Tax Increase Decrease From Other Short-term Timing Differences			22 279	2 355
Total Current Tax Expense Credit			499 595	984 642