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De Morgan & Co Limited

02999424

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

1 CORNHILL, LONDON, EC3V 3ND
Incorporated 08/12/1994

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/05/2026

On track

Confirmation statement

Last: 08/12/2025

Due 22/12/2026

On track

Industry

64303
Activities of venture and development capital companies

Officers

Mr Adrian Charles De Morgan

director · Since 22/12/1994

CHARTERED SURVEYOR

BRITISH · UNITED KINGDOM · Age 74

Also on 2 other boards

Mr Adrian Charles De Morgan

secretary · Since 11/01/2022

Also on 2 other boards

Persons with Significant Control

Mr Adrian Charles De Morgan

75–100% shares
75–100% votes

British · United Kingdom · Age 74

1, Cornhill, London, EC3V 3ND

Notified 22/12/2016

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 17/10/2013Registered 17/10/2013
charge
outstanding

COUNTY AND DISTRICT PROPERTIES LIMITED

Created 08/07/2004Registered 14/07/2004
charge
satisfied

HARRODS BANK LIMITED

Created 06/04/1999Registered 07/04/1999Satisfied 10/09/2013

CompanyRankvs 324+ SIC 64303 peers
62

Financial strength95th percentile among SIC peers · 24/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.61× · 6/20
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.

Employees12/15 pts

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

Liquidity6/20 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 31/08/2024

Net Worth

£3.0M

Balance sheet strength

Cash

£387

Cash in the bank

Net Current Assets

-£157k

Working capital

Current Assets

£244k

Current Liabilities

£401k

Fixed Assets

£3.4M

Debtors

£243k

2avg. employees

Balance Sheet

Assets less current liabilities£3.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.61-£75k
20230.77+£24k
20220.74+£279k
20210.05-£19k
20200.21+£8k
20190.20-£203k
20180.80

Derived from filed accounts. Not audited figures.