Morco Products Limited
00064585
Healthy
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/11/1992
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 65
Also on 2 other boards
director · Since 01/10/2016
SALES DIRECTOR
BRITISH · ENGLAND · Age 39
Also on 1 other board
secretary · Since 01/04/2026
Persons with Significant Control
Morco Products Holdings Limited
Morco House, Riverview Road, Beverley, HU17 0LD
Reg: 14685129 · Companies House · Private Limited Company
Notified 08/11/2023
Former PSCs
Mr Charles Anthony Gillett
Ceased 04/05/2018
Mr Charles Richard Ellison Gillett
Ceased 08/11/2023
Charges0 outstanding
MIDLAND BANK PLC
CompanyRankvs 31+ SIC 46740 peers79
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/03/2025
Turnover
£16.6M
Annual revenue
Net Worth
£17.5M
Balance sheet strength
Cash
£12.1M
Cash in the bank
Profit Before Tax
-£240k
Bottom line earnings
Net Current Assets
£19.8M
Working capital
Current Assets
£21.9M
Current Liabilities
£2.1M
Fixed Assets
£499k
Debtors
£6.7M
Cost of Sales
£11.1M
Gross Profit
£5.6M
Admin Expenses
£6.2M
Operating Profit
-£762k
Profit After Tax
-£202k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 10.68 | -£1.1M |
| 2024 | 9.10 | -£887k |
| 2023 | 5.29 | — |
Derived from filed accounts. Not audited figures.