Morley Electrical Services Limited
04961853
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Philip John Morley
British · England · Age 53
Unit A6, Chaucer Business Park, Polegate, BN26 6QH
Notified 06/04/2016
Charges1 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 31999+ SIC 43210 peers31
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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 31/12/2024
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£6k
Working capital
Current Assets
£18k
Current Liabilities
£24k
Fixed Assets
£3k
Debtors
£11k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.75 | — |
| 2023 | 1.26 | — |
| 2022 | 1.47 | -£6k |
| 2021 | 2.08 | — |
Derived from filed accounts. Not audited figures.