Back to search

Morrow Brothers Limited

01885223

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

433 WALTON SUMMIT CENTRE, PRESTON, PR5 8AR
Incorporated 12/02/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

33190
Repair of other equipment

Officers

Mr Alan Morrow

director · Since 09/01/1992

DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 6 other boards

Mr Kieron William Morrow

director · Since 31/03/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Mr Liam John Morrow

director · Since 02/01/2007

SALES DIRECTOR

BRITISH · ENGLAND · Age 49

Mrs Sandra Morrow

secretary · Since 31/03/2010

Charges4 outstanding

Charge
satisfied

GOLDSEAL WINDOWS (LEYLAND) LIMITED

Created 24/04/2019Registered 26/04/2019Satisfied 28/04/2023
Charge
satisfied

HSBC EQUIPMENT FINANCE (UK) LTD · HSBC ASSET FINANCE (UK) LTD

Created 26/04/2017Registered 26/04/2017Satisfied 22/02/2022
Charge
outstanding

HSBC BANK PLC

Created 15/06/2016Registered 16/06/2016
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 29/04/2016Registered 29/04/2016
Charge
satisfied

HSBC ASSET FINANCE (UK) LTD · HSBC EQUIPMENT FINANCE (UK) LTD

Created 27/01/2016Registered 03/02/2016Satisfied 22/02/2022
Charge
satisfied

HSBC ASSET FINANCE (UK) LTD · HSBC EQUIPMENT FINANCE (UK) LTD

Created 03/12/2015Registered 04/12/2015Satisfied 22/02/2022
Charge
outstanding

HSBC BANK PLC

Created 18/06/2015Registered 23/06/2015
Charge
outstanding

HSBC BANK PLC

Created 18/06/2015Registered 18/06/2015
Charge
satisfied

STEPHEN FAIRCLOUGH

Created 05/01/2015Registered 08/01/2015Satisfied 28/11/2016
charge
satisfied

BARCLAYS BANK PLC

Created 03/03/1989Registered 09/03/1989Satisfied 18/11/2016

CompanyRankvs 19530+ SIC 33190 peers
57

Financial strength82th percentile among SIC peers · 21/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Maracom Limited
90
2Hy-Ram Engineering Company Limited
90
3Garden Discount Centre Limited
90
4Leco Instruments (U.K.) Limited
90
5Fire Queen Limited
90
6Central Electrical Armature Winding Co. Limited
90
7Adcock Refrigeration And Air Conditioning Limited
90
8Comid Engineering Limited
90
9Quirepace Limited
90
10Carlisle Refrigeration Limited
90
1953Morrow Brothers Limited
67
How is this score calculated?
Financial strength21/25 pts

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

Employees14/15 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

£142k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£406k

Working capital

Current Assets

£348k

Current Liabilities

£754k

Fixed Assets

£551k

Debtors

£301k

19avg. employees-2

Tax at Year End(2017)

Corp tax£32k

Balance Sheet

Bank loans & overdrafts£18k
Assets less current liabilities£145k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46+£13k
20240.55-£24k
20230.47+£182k
20220.53-£100k
20211.31-£27k
20201.33-£23k
20191.04-£75k
20171.08—

Derived from filed accounts. Not audited figures.