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Morgan Richardson Limited

02949560

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

WESTGATE COURT, BILLERICAY, CM12 9DY
Incorporated 12/07/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Mr Terry Ronald Morgan

director · Since 12/07/1994

MANAGING DIRECTOR

ENGLISH · ENGLAND · Age 66

Also on 1 other board

Mrs Julie Morgan

secretary · Since 28/02/2010

Mrs Nicola Jane Wolfson

secretary · Since 31/01/2019

Persons with Significant Control

Mr Terry Ronald Morgan

25–50% shares
25–50% votes
Appoint directors

English · England · Age 66

Westgate Court, Billericay, CM12 9DY

Notified 06/04/2016

Mrs Julie Ann Morgan

25–50% shares
25–50% votes

English · England · Age 68

Westgate Court, Billericay, CM12 9DY

Notified 11/04/2023

Former PSCs

Mr Sidney George Richardson

Ceased 27/10/2022

Coastline Ltd

Ceased 10/07/2024

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 13/11/2001Registered 19/11/2001

CompanyRankvs 203+ SIC 65120 peers
74

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.63× · 16/20
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 strength24/25 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.

Liquidity16/20 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

£1.7M

Balance sheet strength

Cash

£296k

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£4.5M

Current Liabilities

£2.7M

Fixed Assets

£19k

Debtors

£36k

30avg. employees+1

Tax at Year End

Corp tax£343k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20251.63-£356k
20241.65-£394k
20221.98

Derived from filed accounts. Not audited figures.