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Morecom Ltd

06713435

active
Private Limited Company
Companies House
Health Score
82 / 100

Healthy

30/30
Filing
20/30
Financial
32/40
Risk
  • 4 outstanding charges (-8)

Details

SUMMIT HOUSE 10 WATERSIDE COURT, NEWPORT, NP20 5NT
Incorporated 02/10/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

61100
Wired telecommunications activities

Officers

Mr Christopher Mark Wise

director · Since 11/05/2009

ENGINEER

BRITISH · WALES · Age 49

Mr Samuel Dafydd Morgan

director · Since 12/09/2011

ENGINEER

BRITISH · WALES · Age 51

Also on 2 other boards

Persons with Significant Control

Mr Samuel Dafydd Morgan

25–50% shares

British · Wales · Age 51

Summit House, 10 Waterside Court, Newport, NP20 5NT

Notified 01/07/2016

Mr Christopher Mark Wise

25–50% shares

British · Wales · Age 49

Summit House, 10 Waterside Court, Newport, NP20 5NT

Notified 01/07/2016

Former PSCs

Mr Dafydd Rhys Morgan

Ceased 07/05/2020

Charges4 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 03/06/2021Registered 07/06/2021
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 12/04/2021Registered 19/04/2021
Charge
outstanding

BARCLAYS BANK PLC

Created 02/10/2017Registered 06/10/2017
charge
outstanding

BARCLAYS BANK PLC

Created 13/07/2010Registered 23/07/2010

CompanyRankvs 722+ SIC 61100 peers
57

Financial strength92th percentile among SIC peers · 23/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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722Morecom Ltd
67
How is this score calculated?
Financial strength23/25 pts

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

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 30/03/2025

Net Worth

£401k

Balance sheet strength

Cash

£78k

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£334k

Current Liabilities

£254k

Fixed Assets

£511k

Debtors

£256k

0avg. employees

Tax at Year End

Corp tax£8k

Balance Sheet

Assets less current liabilities£592k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent Ratio
20251.32

Derived from filed accounts. Not audited figures.