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Morgan Developments Wales Limited

05933239

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
10/30
Financial
30/40
Risk
  • Negative net worth (-10)
  • 5 outstanding charges (-10)

Details

THE OLD TIN WORKS, CARMARTHEN, SA31 1NR
Incorporated 13/09/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Paul John Morgan

director · Since 13/09/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 48

Also on 8 other boards

Mr Matthew John Morgan

director · Since 11/08/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 5 other boards

Persons with Significant Control

Mr Paul John Morgan

Appoint directors

British · Wales · Age 48

The Old Tin Works, Priory Street, Carmarthen, SA31 1NR

Notified 06/04/2016

Morgan Homes Limited

25–50% shares
25–50% votes

Ty Pengau, Ferryside, Carmarthen, SA17 5UG

Reg: 07707200 · England And Wales · Private Company Limited By Shares

Notified 01/03/2020

Cartrefi A&M Ltd

25–50% shares
25–50% votes

Parcyficer, Llanybri, Carmarthen, SA33 5HH

Reg: 12497010 · England And Wales · Private Company Limited By Shares

Notified 01/03/2020

Jtg Enterprises Limited

25–50% shares
25–50% votes

Gravells Service Centre, Pembrey Road, Kidwelly, SA17 4TF

Reg: 06364538 · England And Wales · Private Company Limited By Shares

Notified 01/02/2024

Former PSCs

Mr Mark Morgan

Ceased 01/03/2020

Mr Ian Morgan

Ceased 01/03/2020

Mr Huw Smith

Ceased 01/02/2024

Charges5 outstanding

Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 10/10/2025Registered 13/10/2025
Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 26/04/2024Registered 26/04/2024
Charge
outstanding

PRINCIPALITY BUILDING SOCIETY

Created 17/11/2022Registered 30/11/2022
Charge
outstanding

JTG ENTERPRISES LIMITED

Created 27/04/2022Registered 16/05/2022
Charge
outstanding

JTG ENTERPRISES LIMITED

Created 27/04/2022Registered 09/05/2022
Charge
satisfied

JULIAN HODGE BANK LIMITED

Created 09/02/2022Registered 11/02/2022Satisfied 16/03/2023
Charge
satisfied

JULIAN HODGE BANK LIMITED

Created 22/01/2021Registered 01/02/2021Satisfied 16/03/2023

CompanyRankvs 42582+ SIC 41202 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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42582Morgan Developments Wales Limited
41
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.

Employees9/15 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 31/01/2025

Net Worth

-£568k

Balance sheet strength

Cash

£26k

Cash in the bank

Net Current Assets

-£644k

Working capital

Current Assets

£9.7M

Current Liabilities

£10.4M

Fixed Assets

£125k

Debtors

£40k

2avg. employees

Balance Sheet

Bank loans & overdrafts£9.1M
Assets less current liabilities-£519k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94-£499k
20240.99-£179k
20221.04—
20211.00—

Derived from filed accounts. Not audited figures.