Morgan Financial Practice Limited
04944617
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/11/2018
TEACHER
BRITISH · UNITED KINGDOM · Age 56
Also on 1 other board
Persons with Significant Control
Mr Christopher Thomas Morgan
British · Wales · Age 57
Five Oaks, 28 Wernoleu Road, Ammanford, SA18 2JL
Notified 06/04/2016
Mrs Rhian Einir Morgan
Welsh · Wales · Age 56
Five Oaks, 28 Wernoleu Road, Ammanford, SA18 2JL
Notified 07/11/2018
Charges1 outstanding
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 1043+ SIC 66190 peers63
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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 30/09/2025
Net Worth
£159k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£144k
Working capital
Current Assets
£193k
Current Liabilities
£50k
Fixed Assets
£88k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.89 | -£12k |
| 2024 | 4.45 | +£18k |
| 2023 | 2.52 | +£14k |
| 2022 | 3.77 | +£34k |
| 2021 | 3.18 | +£46k |
| 2020 | 3.72 | +£34k |
| 2019 | 1.57 | — |
Derived from filed accounts. Not audited figures.