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Morrison Carpets Limited

04654741

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

3 DURRANT ROAD, BOURNEMOUTH, BH2 6NE
Incorporated 03/02/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43330
Floor and wall covering

Officers

Mr Ian James Morrison

secretary · Since 14/03/2003

CARPET FITTER

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Mrs Deborah Elaine Morrison

director · Since 14/03/2003

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 58

Mr Ian James Morrison

director · Since 14/03/2003

CARPET FITTER

BRITISH · ENGLAND · Age 57

Also on 9 other boards

Persons with Significant Control

Mr Ian James Morrison

25–50% shares
25–50% votes

British · England · Age 57

34 Trentham Avenue, Castledean, Bournemouth, BH7 7HU

Notified 06/04/2016

Mrs Deborah Elaine Morrison

25–50% shares
25–50% votes

British · England · Age 58

34 Trentham Avenue, Castledean, Bournemouth, BH7 7HU

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 01/02/2005Registered 03/02/2005

CompanyRankvs 2501+ SIC 43330 peers
57

Financial strength91th percentile among SIC peers · 23/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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2501Morrison Carpets Limited
63
How is this score calculated?
Financial strength23/25 pts

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

Employees8/15 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 31/03/2025

Net Worth

£218k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£22k

Working capital

Current Assets

£199k

Current Liabilities

£221k

Fixed Assets

£248k

Debtors

£183k

2avg. employees

Tax at Year End(2024)

Corp tax£29k

Balance Sheet

Assets less current liabilities£226k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.90-£26k
20241.19+£13k
20230.85+£30k
20220.56+£66k
20210.56—

Derived from filed accounts. Not audited figures.