Morfeys Removals Limited
06153132
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 12/03/2007
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 3 other boards
director · Since 12/03/2007
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 3 other boards
Persons with Significant Control
Mr Philip Owen Shanks
British · United Kingdom · Age 55
Meadow Croft, School Lane, Peasmarsh, TN31 6UW
Notified 06/04/2016
CompanyRankvs 632+ SIC 49410 peers88
Show leaderboard
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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/04/2025
Turnover
£839k
Annual revenue
Net Worth
£881k
Balance sheet strength
Cash
£323k
Cash in the bank
Profit Before Tax
£176k
Bottom line earnings
Net Current Assets
£716k
Working capital
Current Assets
£803k
Current Liabilities
£88k
Fixed Assets
£216k
Debtors
£481k
Cost of Sales
£555k
Gross Profit
£284k
Admin Expenses
£144k
Operating Profit
£140k
Profit After Tax
£131k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 9.14 | +£102k |
| 2024 | 8.44 | -£13k |
| 2023 | 21.48 | — |
Derived from filed accounts. Not audited figures.