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Morsapack Limited

05127146

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT D1 & D2 15-16 HOLLOWAY DRIVE, MANCHESTER, M28 2LA
Incorporated 13/05/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Robert Mcewan

director · Since 01/07/2014

SALES DIRECTOR

ENGLISH · ENGLAND · Age 47

Mr Mark Barter

director · Since 01/10/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 5 other boards

Mr Roger Barter

director · Since 03/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Wp Industrial Limited

75–100% shares

26, Mead Avenue, Yeovil, BA22 8RT

Reg: 08025205 · England And Wales · Limited Company

Notified 03/04/2025

Former PSCs

Mr James Edward Mcewan

Ceased 03/03/2020

Myrna Investments Ltd

Ceased 03/04/2025

Morsavest Ltd

Ceased 03/04/2025

Charges0 outstanding

Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 30/05/2017Registered 30/05/2017Satisfied 24/04/2025
charge
satisfied

LLOYDS TSB BANK PLC

Created 05/11/2007Registered 06/11/2007Satisfied 09/06/2017
charge
satisfied

CITY INVOICE FINANCE LIMITED

Created 21/06/2005Registered 23/06/2005Satisfied 11/01/2008
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 01/06/2004Registered 09/06/2004Satisfied 13/02/2007

CompanyRankvs 2919+ SIC 46900 peers
77

Financial strength85th percentile among SIC peers · 21/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.2× · 12/20
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 strength21/25 pts

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

Employees14/15 pts

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

Liquidity12/20 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 31/12/2024

Net Worth

£232k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£198k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.0M

Fixed Assets

£67k

Debtors

£827k

14avg. employees+3

Tax at Year End

Corp tax£62k

Director Loans(2020)

Directors owe company£53k

Balance Sheet

Intangible assets£0
Assets less current liabilities£265k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.20-£48k
20231.21+£1k
20221.21-£141k
20211.42-£43k
20201.51+£68k£2.5M
20201.37-£2k£798k
20191.51+£9k£886k
20181.29£1.3M

Derived from filed accounts. Not audited figures.