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Morbec Sports Limited

03139746

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

LEVEL ONE, BUCKHURST HILL, IG9 5BS
Incorporated 20/12/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47710
Retail sale of clothing in specialised stores

Officers

Vicki Lawrence

secretary · Since 20/12/1995

BRITISH

Mr Robert Lawrence

director · Since 06/09/2011

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Mr Robert Lawrence

25–50% shares
25–50% votes

British · England · Age 62

Level One, 86 Queens Road, Buckhurst Hill, IG9 5BS

Notified 06/04/2016

Mrs Vicki Lawrence

25–50% shares
25–50% votes

British · England · Age 57

Level One, 86 Queens Road, Buckhurst Hill, IG9 5BS

Notified 20/12/2021

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 23/06/1997Registered 01/07/1997
charge
outstanding

BURDALE ACCEPTANCES LIMITED

Created 22/10/1996Registered 01/11/1996

CompanyRankvs 9801+ SIC 47710 peers
30

Financial strength2th percentile among SIC peers · 1/25
Employees45th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.06× · 2/20
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 strength1/25 pts

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

Employees7/15 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 31/12/2024

Net Worth

-£187k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£186k

Working capital

Current Assets

£12k

Current Liabilities

£198k

Fixed Assets

£250

1avg. employees

Balance Sheet

Assets less current liabilities-£185k
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.06-£17k
20230.09-£12k
20220.12

Derived from filed accounts. Not audited figures.