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Morvus Technology Limited

05115093

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

ABERLLECH, BRECON, LD3 8UB
Incorporated 28/04/2004

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

72110
Research and experimental development on biotechnology

Officers

Mrs Judith Carlyon Phillips Acis

secretary · Since 28/04/2004

BRITISH · Age 62

Also on 3 other boards

Mr David Graham Baynes Ba(Hons) Aca

director · Since 17/09/2010

DIRECTOR

BRITISH · UNITED KINGDOM · Age 62

Also on 52 other boards

Mr Jonathan Denis Beatson-Hird

director · Since 05/10/2012

CONSULTANT

BRITISH · WALES · Age 66

Also on 4 other boards

Professor Michael Grant Wyllie Phd

director · Since 22/03/2013

DIRECTOR

BRITISH · ENGLAND · Age 75

Also on 6 other boards

CompanyRankvs 2056+ SIC 72110 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees66th percentile among SIC peers · 10/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

Employees10/15 pts

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

Liquidity0/20 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

Going concern doubt: -10 pts

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

Going Concern Doubt

third parties which is uncertain. The directors have concluded that these circumstances represent a material uncertainty that may cast significant doubt upon the Company's ability to continue as a going concern and that, therefore, the Company may be unable to realise its assets and discharge its liabilities in the normal course of business. Nevertheless, the directors are confident that they h

Key FinancialsYear ending 31/10/2024

Net Worth

-£2.3M

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£2.4M

Debtors

£8k

2avg. employees
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2024-£5.1M
20230.03

Derived from filed accounts. Not audited figures.