Morfa Developments Limited
01041042
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/06/2025
total exemption full
Next accounts due
31/03/2027
Confirmation statement
Last: 12/11/2025
Due 26/11/2026
Industry
Officers
secretary · Since 29/03/1996
COMPANY DIRECTOR
BRITISH · WALES · Age 79
Also on 1 other board
director · Since 26/09/1996
COMPANY DIRECTOR
BRITISH · WALES · Age 68
Also on 3 other boards
Persons with Significant Control
Mrs Mair John
Welsh · Wales · Age 69
5th Floor, Hodge House, Cardiff, CF10 1DY
Notified 18/04/2019
Former PSCs
Mrs Janet Mary Mathias
Ceased 18/04/2019
Charges2 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BANK OF WALES AND THE GOVERNOR AND THE COMPANY OF THE BANK OF SCOTLAND
BANK OF WALES PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
THE SECRETARY OF STATE FOR WALES.
BANK OF WALES PLC · THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND · BANK OF WALES
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 88147+ SIC 68100 peers32
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
-£68k
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£68k
Working capital
Current Assets
£4k
Current Liabilities
£72k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | +£0 |
| 2025 | 0.05 | — |
| 2024 | 0.03 | — |
| 2023 | 0.03 | — |
| 2022 | 0.03 | — |
| 2021 | 0.04 | — |
| 2020 | 0.05 | — |
| 2019 | 0.08 | — |
Derived from filed accounts. Not audited figures.