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Morden Ceilings Limited

02089687

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

2ND FLOOR, SHAW HOUSE, GUILDFORD, GU1 3QT
Incorporated 15/01/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr David James Minors

director · Since 23/03/1991

DIRECTOR

BRITISH · ENGLAND · Age 79

Also on 4 other boards

Mr Jeffrey Head

director · Since 21/01/2021

DIRECTOR

BRITISH · ENGLAND · Age 69

Also on 2 other boards

Persons with Significant Control

Morden New Project Limited

75–100% shares
75–100% votes

Old Westminister House, 38 Upper Mulgrave Road, Cheam, SM2 7AZ

Reg: 08105311 · England & Wales · Private Limited Company

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

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CompanyRankvs 15+ SIC 82990 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 7.93× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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

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

Going Concern Doubt

as to the company's ability to continue as a going concern. The directors consider that the company has adequate steps available to it to be able to mitigate the impact of a future reduction in revenues and protect the cash flow of the company. 1.3 Reporting

Key FinancialsYear ending 31/12/2020

Net Worth

£389k

Balance sheet strength

Cash

£387k

Cash in the bank

Net Current Assets

£639k

Working capital

Current Assets

£731k

Current Liabilities

£92k

Fixed Assets

£0

Debtors

£344k

7avg. employees

Balance Sheet

Assets less current liabilities£639k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20207.93+£388k
20194.64

Derived from filed accounts. Not audited figures.