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J.D. & M. Morgan Limited

01796576

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Current liabilities exceed current assets (-10)
  • 6 outstanding charges (-10)

Details

PENGAY FARM, CARMARTHEN, SA17 5UG
Incorporated 02/03/1984

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

01190
Growing of other non-perennial crops

Officers

Megan Morgan

secretary · Since 31/12/1990

BRITISH · WALES · Age 77

Also on 3 other boards

Megan Morgan

director · Since 31/12/1990

FARMER

BRITISH · WALES · Age 77

Also on 3 other boards

Mr Ian Justin Morgan

director · Since 18/11/2022

BUILDER

BRITISH · WALES · Age 52

Also on 1 other board

Mr Paul John Morgan

director · Since 18/11/2022

BUILDER

BRITISH · UNITED KINGDOM · Age 48

Also on 8 other boards

Mr Steven Mark Morgan

director · Since 18/11/2022

BUILDER

BRITISH · WALES · Age 52

Persons with Significant Control

Mr Ian Justin Morgan

25–50% shares
25–50% votes

British · Wales · Age 52

Pengay Farm, Ferryside, Carmarthen, SA17 5UG

Notified 01/01/2021

Mr Paul John Morgan

25–50% shares
25–50% votes

British · Wales · Age 48

Pengay Farm, Ferryside, Carmarthen, SA17 5UG

Notified 01/01/2021

Mr Steven Mark Morgan

25–50% shares
25–50% votes

British · Wales · Age 52

Pengay Farm, Ferryside, Carmarthen, SA17 5UG

Notified 01/01/2021

Former PSCs

Mr John David Morgan

Ceased 08/04/2024

Charges6 outstanding

Charge
outstanding

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CompanyRankvs 94+ SIC 01190 peers
54

Financial strength79th percentile among SIC peers · 20/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.09× · 2/20
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 strength20/25 pts

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

Employees12/15 pts

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

Liquidity2/20 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 31/03/2025

Net Worth

£526k

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

-£469k

Working capital

Current Assets

£49k

Current Liabilities

£518k

Fixed Assets

£1.5M

Debtors

£11k

8avg. employees

Tax at Year End

Corp tax£10k

Balance Sheet

Assets less current liabilities£1.0M
Signed by Mr Ian Morgan Mr Paul Morgan Mr Steven Morgan 23/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£62k
20240.12+£52k
20230.11+£64k
20220.45+£132k
202159.58-£1k
20201.33-£6k
20191.12-£6k
20180.52+£10k
20170.37

Derived from filed accounts. Not audited figures.