Morelag Insulation Ltd
06189561
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Steven Reed
British · England · Age 58
Unit D9, The Seedbed Centre, Loughton, IG10 3TQ
Notified 06/04/2016
Mrs Sharon Reed
British · England · Age 56
Unit D9, The Seedbed Centre, Loughton, IG10 3TQ
Notified 24/10/2022
Charges1 outstanding
BARCLAYS BANK PLC
CompanyRankvs 498+ SIC 43290 peers77
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 29/09/2025
Net Worth
£506k
Balance sheet strength
Cash
£143k
Cash in the bank
Net Current Assets
£518k
Working capital
Current Assets
£932k
Current Liabilities
£413k
Fixed Assets
£11k
Debtors
£788k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.25 | +£68k |
| 2024 | 2.36 | +£211k |
| 2023 | 1.84 | — |
Derived from filed accounts. Not audited figures.