Morgan (Power Generation) Limited
06899722
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/05/2024
medium
Next accounts due
31/05/2026
Confirmation statement
Last: 15/01/2026
Due 29/01/2027
Industry
Officers
secretary · Since 08/05/2009
CO DIRECTOR
BRITISH · UNITED KINGDOM · Age 83
Also on 7 other boards
director · Since 08/05/2009
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 84
Also on 24 other boards
Persons with Significant Control
Morgans Of Usk Group Limited
21, Gold Tops, Newport, NP20 4PG
Reg: 07856398 · Companies House England And Wales · Company Limited By Shares
Notified 06/04/2016
CompanyRankvs 2480+ SIC 35110 peers72
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con
Key FinancialsYear ending 31/05/2024
Net Worth
£464k
Balance sheet strength
Cash
£544k
Cash in the bank
Profit Before Tax
-£7k
Bottom line earnings
Net Current Assets
£439k
Working capital
Current Assets
£729k
Current Liabilities
£289k
Fixed Assets
£28k
Debtors
£148k
Admin Expenses
£87k
Operating Profit
-£10k
Profit After Tax
-£6k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.52 | -£6k |
| 2023 | 2.09 | — |
| 2022 | 0.64 | — |
| 2021 | 0.02 | — |
| 2020 | 0.03 | — |
| 2019 | 0.12 | — |
Derived from filed accounts. Not audited figures.