Morspan Construction Limited
05687184
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
30/04/2025
full
Next accounts due
31/01/2027
Confirmation statement
Last: 05/06/2025
Due 19/06/2026
Industry
Officers
director · Since 25/01/2006
FABRICATION CONTRACTOR
BRITISH · WALES · Age 59
Also on 2 other boards
director · Since 01/05/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 1 other board
director · Since 30/10/2015
DIRECTOR
BRITISH · WALES · Age 49
Also on 2 other boards
Persons with Significant Control
Rawt Investments Limited
21, Gold Tops, Newport, NP20 4PG
Reg: 12048856 · Companies House England And Wales · Company Limted By Shares
Notified 30/04/2020
Former PSCs
Ra Holdings Limited
Ceased 30/04/2020
R.A. 2019 Limited
Ceased 30/04/2020
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 1110+ SIC 41201 peers66
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 30/04/2024
Turnover
£16.0M
Annual revenue
Net Worth
£2.7M
Balance sheet strength
Cash
£666k
Cash in the bank
Profit Before Tax
£783k
Bottom line earnings
Net Current Assets
£2.4M
Working capital
Current Assets
£6.6M
Current Liabilities
£4.2M
Fixed Assets
£555k
Debtors
£5.6M
Cost of Sales
£13.9M
Gross Profit
£2.1M
Admin Expenses
£1.3M
Operating Profit
£809k
Profit After Tax
£564k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.57 | +£564k |
| 2023 | 1.52 | -£102k |
| 2022 | 1.66 | -£419k |
| 2021 | 1.59 | -£164k |
| 2020 | 2.65 | +£319k |
| 2019 | 1.45 | — |
Derived from filed accounts. Not audited figures.