Back to search

Morrison Express Corp. (U.K.) Limited

05323344

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

2 COMMUNICATIONS ROAD, NEWBURY, RG19 6AB
Incorporated 04/01/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52242
Cargo handling for air transport activities

Officers

Ms Pei-Lin Chang

director · Since 23/10/2020

COMPANY DIRECTOR

TAIWANESE · TAIWAN · Age 56

Sam Thomas Vass

director · Since 30/06/2026

BRITISH · ENGLAND · Age 42

Asok Kumar Rajamoney

director · Since 30/06/2026

MALAYSIAN · TAIWAN · Age 57

Former

Danny Tsui-Yuen Chiu

director · Resigned 30/06/2026

Nancy Mckenzie

director · Resigned 30/06/2026

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 01/12/2009Registered 02/12/2009

CompanyRankvs 470+ SIC 52242 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.81× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength0/25 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.

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£394k

Balance sheet strength

Cash

£34k

Cash in the bank

Profit Before Tax

-£324k

Bottom line earnings

Net Current Assets

-£401k

Working capital

Current Assets

£1.7M

Current Liabilities

£2.1M

Fixed Assets

£7k

Debtors

£1.7M

10avg. employees

Balance Sheet

Assets less current liabilities-£394k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20250.81-£324k
20240.95-£400k
20231.20

Derived from filed accounts. Not audited figures.