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Morganic Solutions Limited

06620370

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)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

UNIT 1 ASH HILL COMMON BUNNY LANE, ROMSEY, SO51 6FU
Incorporated 16/06/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Darryl Paul Parsons

director · Since 16/06/2008

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Persons with Significant Control

Mr Darryl Paul Parsons

75–100% shares

British · England · Age 55

Unit 1 Ash Hill Common, Bunny Lane, Romsey, SO51 6FU

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 18/07/2008Registered 23/07/2008

CompanyRankvs 2551+ SIC 25110 peers
37

Financial strength12th percentile among SIC peers · 3/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 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 30/06/2025

Net Worth

-£427

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£8k

Working capital

Current Assets

£30k

Current Liabilities

£38k

Fixed Assets

£7k

3avg. employees-1

Balance Sheet

Assets less current liabilities-£427
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.80
20241.58
20231.50
20221.63+£34k
20211.04+£40k
20200.71+£5k
20190.41

Derived from filed accounts. Not audited figures.