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William Morfoot Limited

00714208

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

THE AIRFIELD, THETFORD, IP25 7SD
Incorporated 01/02/1962

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 07/08/2025

Due 21/08/2026

On track

Industry

01610
Support activities for crop production
42910
Construction of water projects

Officers

Justin Morfoot

director · Since 12/07/2006

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 49

Timothy Charles Sisson

director · Since 27/06/2008

MANAGER

BRITISH · ENGLAND · Age 47

Persons with Significant Control

Mr Justin Morfoot

25–50% shares
25–50% votes

British · England · Age 49

The Airfield, Shipdham, Thetford, IP25 7SD

Notified 06/04/2016

Mr Timothy Charles Sisson

25–50% shares
25–50% votes

British · England · Age 47

The Airfield, Shipdham, Thetford, IP25 7SD

Notified 06/04/2016

Former PSCs

Mr William Alexander Morfoot

Ceased 22/01/2018

Charges2 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 05/11/2010Registered 18/11/2010
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 14/11/2008Registered 25/11/2008
charge
satisfied

ABBEY NATIONAL PLC

Created 20/07/2005Registered 23/07/2005Satisfied 10/12/2010
charge
satisfied

BARCLAYS BANK LTD

Created 09/09/1980Registered 16/09/1980Satisfied 03/08/2005

CompanyRankvs 126+ SIC 01610 peers
70

Financial strength92th percentile among SIC peers · 23/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.05× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£203k

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£885k

Current Liabilities

£847k

Fixed Assets

£2.6M

Debtors

£499k

23avg. employees+2

Tax at Year End(2020)

Corp tax£340

Director Loans(2024)

Company owes directors£34k

Balance Sheet

Bank loans & overdrafts£18k
Assets less current liabilities£2.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.05+£337k
2024+£440k
20230.58-£23k
20220.72-£49k
20210.81-£112k
20200.90

Derived from filed accounts. Not audited figures.