Wayne Morgan Transport Ltd
07559529
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 10/03/2011
director · Since 01/10/2016
COMPANY DIRECTOR
BRITISH · WALES · Age 36
Also on 1 other board
Persons with Significant Control
Mr William Wayne Morgan
British · Wales · Age 70
4, Maes Ty Gwyn, Llanelli, SA14 8XY
Notified 06/04/2016
Mrs Susan Jane Morgan
British · United Kingdom · Age 61
4, Maes Ty Gwyn, Llanelli, SA14 8XY
Notified 11/03/2025
Charges1 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 5531+ SIC 49410 peers54
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2025
Net Worth
£808k
Balance sheet strength
Cash
£292k
Cash in the bank
Net Current Assets
-£18k
Working capital
Current Assets
£347k
Current Liabilities
£365k
Fixed Assets
£973k
Debtors
£55k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.95 | +£238k |
| 2024 | 0.56 | +£76k |
| 2023 | 1.46 | — |
Derived from filed accounts. Not audited figures.