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Morgan Marine Limited

00856716

active
ltd
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 5 outstanding charges (-10)

Details

Llandybie, Ammanford, SA18 3GY
Incorporated 13/08/1965

Compliance

Last accounts

30/06/2025

medium

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 01/01/2026

Due 15/01/2027

On track

Industry

25620
Machining

Officers

Mr Rhydian Marc Jones

director · Since 26/09/2017

DIRECTOR

WELSH · WALES · Age 39

Also on 1 other board

Mr Eirian Lyn Thomas

director · Since 01/02/2018

DIRECTOR

WELSH · WALES · Age 44

Also on 1 other board

Mr Matthew Ashley Thomas

director · Since 01/02/2020

PRODUCTION DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Mr David Howard Jones

director · Since 07/10/2022

DIRECTOR

BRITISH · WALES · Age 56

Mr Howell Edward Morse

director · Since 02/01/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Ms Claire Elizabeth Erasmus

director · Since 01/07/2025

DIRECTOR

BRITISH · WALES · Age 37

Also on 1 other board

Rhydian Marc Jones

director · Since 26/09/2017

Welsh · Wales · Age 39

Eirian Lyn Thomas

director · Since 01/02/2018

Welsh · Wales · Age 44

Matthew Ashley Thomas

director · Since 01/02/2020

British · United Kingdom · Age 50

David Howard Jones

director · Since 07/10/2022

British · Wales · Age 56

Howell Edward Morse

director · Since 02/01/2023

British · United Kingdom · Age 49

Claire Elizabeth Erasmus

director · Since 01/07/2025

British · Wales · Age 37

Former

David John Jenkins

director · Resigned 30/11/1992

David Alan Picton Evans

director · Resigned 12/04/1994

Suzanne Elizabeth Mainprice

director · Resigned 12/04/1994

David Alan Picton Evans

secretary · Resigned 31/05/1994

Richard Lancelot Hill

director · Resigned 03/03/1995

Neal Leslie Dennis

secretary · Resigned 30/05/1995

Mark Evans

secretary · Resigned 22/07/1995

Tudor William Davies

director · Resigned 31/08/1995

David John Martin Morgan

director · Resigned 31/01/1996

John Harold Morgan

director · Resigned 16/06/1996

Roger Henry Charles Morgan

secretary · Resigned 03/09/1996

Michael John Atkins

director · Resigned 04/09/1996

Robert Ian Young

director · Resigned 28/05/1999

Carol Galloway

secretary · Resigned 12/07/2002

Paul Raymond Gregory Jones

director · Resigned 26/07/2002

Martin Wyn Ingram

director · Resigned 30/09/2003

Roger Henry Charles Morgan

director · Resigned 27/10/2003

Kevin Luther Howells

director · Resigned 05/04/2005

John Bretherton

secretary · Resigned 30/04/2005

Martyn Wyn Ingram Jones

director · Resigned 17/07/2006

Suzanne Adele David

secretary · Resigned 24/08/2006

Christopher Hugh Brooks

director · Resigned 28/09/2007

John Bretherton

director · Resigned 18/03/2008

Heather Elaine Ingram-Jones

director · Resigned 03/11/2008

Sarah Elizabeth Evans

director · Resigned 20/05/2016

Brian Parrott

director · Resigned 26/09/2017

Steven Brown

director · Resigned 01/07/2019

Richard Brynmor Morgan

director · Resigned 24/05/2022

Susan Jayne Paton

director · Resigned 15/08/2022

Susan Jayne Paton

secretary · Resigned 15/08/2022

David Howard Jones

director · Resigned 31/08/2022

Martyn Wyn Ingram-Jones

director · Resigned 07/09/2022

Persons with Significant Control

Jmmt Holdings Limited

75–100% shares
75–100% votes

37 Parc Starling, Johnstown, Carmarthen, SA31 3HX

Reg: 14059594 · Companies House · Uk

Notified 07/09/2022

Former PSCs

Ms Susan Jayne Paton

Ceased 07/09/2022

Mr Martyn Wyn Ingram-Jones

Ceased 07/09/2022

Morgan Grp Limited

Ceased 07/09/2022

Charges5 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 11/03/2026Registered 25/03/2026
Charge
outstanding

BARCLAYS BANK PLC

Created 04/06/2025Registered 06/06/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 24/10/2024Registered 26/10/2024
Charge
satisfied

ECAPITAL COMMERCIAL FINANCE LIMITED

Created 07/09/2022Registered 08/09/2022Satisfied 25/11/2024
Charge
satisfied

MORGAN GRP LIMITED

Created 01/08/2022Registered 05/08/2022Satisfied 06/06/2025
Charge
outstanding

BARCLAYS BANK PLC

Created 16/07/2019Registered 18/07/2019
Charge
outstanding

CARMARTHEN COUNTY COUNCIL

Created 24/08/2017Registered 25/08/2017

Change History

officer appointedERASMUS, Claire Elizabeth
2026-08-15
officer appointedJONES, David Howard
2026-08-15
officer appointedJONES, Rhydian Marc
2026-08-15
officer appointedMORSE, Howell Edward
2026-08-15
officer appointedTHOMAS, Eirian Lyn
2026-08-15
officer appointedTHOMAS, Matthew Ashley
2026-08-15
statusactive
2026-08-15

Active

typeltd
2026-08-15

Private Limited Company

address line1Llandybie
2026-08-15

LLANDYBIE

post townAmmanford
2026-08-15

AMMANFORD

CompanyRankvs 254+ SIC 25620 peers
65

Financial strength97th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.92× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Liquidity16/20 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

Going concern doubt: -10 pts

Outstanding charges: -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 30/06/2025

Turnover

£21.1M

Annual revenue

Net Worth

£5.1M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£3.4M

Working capital

Current Assets

£7.0M

Current Liabilities

£3.7M

Fixed Assets

£3.5M

Debtors

£5.5M

Cost of Sales

£13.8M

Gross Profit

£7.3M

Admin Expenses

£5.4M

Operating Profit

£2.0M

Profit After Tax

£1.6M

209avg. employees

Tax at Year End

Corp tax£101k

Director Loans

Company owes directors£12k

People Costs

Wages & salaries£6.2M
NI contributions£551k

Balance Sheet

Intangible assets£4k
Assets less current liabilities£6.8M
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20251.92+£0
20251.92+£1.6M
20241.82+£1.3M
20231.69

Derived from filed accounts. Not audited figures.