Morgan Innovation & Technology Ltd
02174066
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/10/1987
ADMINISTRATOR
BRITISH · ENGLAND · Age 79
Also on 15 other boards
secretary · Since 30/03/1992
BRITISH · ENGLAND · Age 79
Also on 15 other boards
Persons with Significant Control
Mr Nigel David Clarke
British · England · Age 50
Unit 17, Petersfield Business Park, Bedford Road, Petersfield, GU32 3QA
Notified 27/01/2026
Former PSCs
Mrs Susan Elizabeth Clarke
Ceased 27/01/2026
Mr Howard Morgan Clarke
Ceased 27/01/2026
Charges4 outstanding
HSBC UK BANK PLC
HSBC UK BANK PLC
SANTANDER UK PLC (AS SECURITY TRUSTEE)
SANTANDER UK PLC
RBS INVOICE FINANCE LIMITED
NATIONAL WESTMINSTER BANK PLC
SYKE AUTOMATED SYSTEMS LIMITED
CompanyRankvs 1310+ SIC 27900 peers41
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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 31/12/2024
Net Worth
-£244k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
-£79k
Working capital
Current Assets
£507k
Current Liabilities
£586k
Fixed Assets
£892
Debtors
£437k
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.87 | -£455k |
| 2023 | 1.68 | -£418k |
| 2022 | 2.87 | -£481k |
| 2021 | 3.24 | +£387k |
| 2020 | 2.29 | +£86k |
| 2019 | 1.66 | +£188k |
| 2018 | 1.32 | +£77k |
| 2016 | 1.42 | — |
Derived from filed accounts. Not audited figures.