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Morgan Bros (Metalwork Solutions) Ltd

07037174

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 1 CHAPEL LANE BUSINESS PARK, COPPULL, PR7 4NB
Incorporated 10/10/2009

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 15/08/2025

Due 29/08/2026

On track

Industry

24330
Cold forming or folding

Officers

Mr Thomas James Morgan

director · Since 18/02/2010

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 3 other boards

Mr Paul William Morgan

director · Since 01/02/2017

DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Mr Mark Prendergast

director · Since 09/08/2023

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Thomas James Morgan

25–50% shares
25–50% votes

British · England · Age 39

Chandler House, 7 Ferry Road Office Park, Preston, PR2 2YH

Notified 06/04/2016

Mr Paul William Morgan

25–50% shares
25–50% votes

British · England · Age 43

Chandler House, 7 Ferry Road Office Park, Preston, PR2 2YH

Notified 31/07/2022

Former PSCs

Mr Jeremy Paul Morgan

Ceased 31/07/2022

Charges2 outstanding

Charge
outstanding

INTERBAY FUNDING LTD (REGISTRATION NUMBER: 05595882)

Created 05/07/2024Registered 10/07/2024
Charge
outstanding

INTERBAY FUNDING LTD

Created 05/07/2024Registered 05/07/2024
Charge
satisfied

SANTANDER UK PLC AS SECURITY TRUSTEE

Created 17/10/2019Registered 21/10/2019Satisfied 05/07/2024
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/02/2016Registered 20/02/2016Satisfied 06/05/2020
Charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 08/02/2016Registered 11/02/2016Satisfied 06/05/2020
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 15/07/2010Registered 20/07/2010Satisfied 06/05/2020

CompanyRankvs 12+ SIC 24330 peers
74

Financial strength82th percentile among SIC peers · 21/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.74× · 20/20
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.

Employees13/15 pts

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

Liquidity20/20 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 31/01/2025

Net Worth

£1.4M

Balance sheet strength

Cash

£24k

Cash in the bank

Net Current Assets

£1.3M

Working capital

Current Assets

£2.0M

Current Liabilities

£742k

Fixed Assets

£816k

Debtors

£1.0M

36avg. employees-1

Tax at Year End(2023)

Corp tax-£556

Balance Sheet

Assets less current liabilities£2.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.74+£4k
20242.16+£27k
20232.19+£161k
20222.09+£225k
20211.92+£237k
20201.45+£259k
20191.13

Derived from filed accounts. Not audited figures.