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Morgan Wealth Management Limited

05255485

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

10 BARN ROAD, CARMARTHEN, SA31 1DE
Incorporated 11/10/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

65120
Non-life insurance

Officers

Gareth Lyn Morgan

director · Since 11/10/2004

EXECUTIVE

BRITISH · WALES · Age 54

Persons with Significant Control

Mr Gareth Lyn Morgan

75–100% shares

British · Wales · Age 54

Blaenffos Farm, Blaenffos Farm, Newcastle Emlyn, SA38 9JD

Notified 11/10/2016

CompanyRankvs 453+ SIC 65120 peers
74

Financial strength74th percentile among SIC peers · 19/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 26.92× · 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 strength19/25 pts

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

Employees5/15 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 31/10/2024

Net Worth

£186k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£185k

Working capital

Current Assets

£192k

Current Liabilities

£7k

Fixed Assets

£1k

1avg. employees
Signed by 05255485 2023-11-01 2024-10-31 05255485 2024-10-31 05255485 bus: 1 1 2024-10-31 05255485 core:CurrentFinancialInstrumentPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
202426.92+£22k
202313.68+£45k
20227.14+£70k
20219.52

Derived from filed accounts. Not audited figures.