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Morston Assets Three Limited

06843964

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

15 PALACE STREET, NORWICH, NR3 1RT
Incorporated 11/03/2009

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 26/09/2025

Due 10/10/2026

On track

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Thomas Frederick Teviot Harrison

director · Since 11/03/2009

COMPANY CHAIRMAN

BRITISH · UNITED KINGDOM · Age 80

Mr James Bunn

director · Since 21/01/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 9 other boards

Persons with Significant Control

Mr Thomas Frederick Teviot Harrison

75–100% shares
50–75% votes

British · England · Age 79

15, Palace Street, Norwich, NR3 1RT

Notified 06/04/2016

Mr James Bunn

25–50% votes

British · United Kingdom · Age 52

15, Palace Street, Norwich, NR3 1RT

Notified 21/01/2021

Charges1 outstanding

Charge
outstanding

PARAGON BANK PLC

Created 07/11/2025Registered 14/11/2025

CompanyRankvs 42312+ SIC 68209 peers
56

Financial strength84th percentile among SIC peers · 21/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 1.44× · 12/20
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 strength21/25 pts

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

Employees3/15 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 31/03/2025

Net Worth

£229k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£229k

Working capital

Current Assets

£749k

Current Liabilities

£520k

Fixed Assets

£1

0avg. employees

Balance Sheet

Assets less current liabilities£229k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.44-£8k
20241.46+£12k
20231.44+£44k
20221.32+£13k
20211.29-£5k
20201.43-£8k
20191.46

Derived from filed accounts. Not audited figures.