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Morse Networks Ltd

05068978

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

HERE, 470 BATH ROAD, BRISTOL, BS4 3AP
Incorporated 10/03/2004

Compliance

Last accounts

30/06/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/10/2025

Due 13/11/2026

On track

Industry

62020
Information technology consultancy activities
62030
Computer facilities management activities
62090
Other information technology service activities

Officers

David Timothy Hewett

secretary · Since 10/03/2004

BRITISH · UNITED KINGDOM · Age 58

Mr David Timothy Hewett

director · Since 10/03/2004

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Mr James Gordon Reed

director · Since 10/03/2004

TECHNICAL DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mr Abri Coetzee

director · Since 01/07/2026

DUTCH · UNITED KINGDOM · Age 49

Persons with Significant Control

Mr David Timothy Hewett

Significant control

British · United Kingdom · Age 58

Unit 4 The Old Mill, Mead Lane, Bristol, BS31 3ER

Notified 06/04/2016

Mr James Gordon Reed

Significant control

British · United Kingdom · Age 52

Unit 4 The Old Mill, Mead Lane, Bristol, BS31 3ER

Notified 06/04/2016

CompanyRankvs 823+ SIC 62020 peers
88

Financial strength91th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 3.74× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 pts

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

Liquidity20/20 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2025

Net Worth

£153k

Balance sheet strength

Cash

£860k

Cash in the bank

Net Current Assets

£773k

Working capital

Current Assets

£1.1M

Current Liabilities

£282k

Fixed Assets

£29k

Debtors

£194k

12avg. employees

Tax at Year End(2024)

Corp tax£15k

Balance Sheet

Assets less current liabilities£801k
Signed by Mr James Gordon Reed Mr Abri Coetzee 28/07/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.74-£36k
20242.40-£63k
20232.51—

Derived from filed accounts. Not audited figures.