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Wayne Morgan Transport Ltd

07559529

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

4 MAES TY GWYN, LLANELLI, SA14 8XY
Incorporated 10/03/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

49410
Freight transport by road

Officers

Susan Jane Morgan

secretary · Since 10/03/2011

Mrs Susan Jane Morgan

director · Since 10/03/2011

SECRETARY

BRITISH · UNITED KINGDOM · Age 61

William Wayne Morgan

director · Since 10/03/2011

HAULIER

BRITISH · UNITED KINGDOM · Age 70

Mr Kaelan Shaye Morgan

director · Since 01/10/2016

COMPANY DIRECTOR

BRITISH · WALES · Age 36

Also on 1 other board

Persons with Significant Control

Mr William Wayne Morgan

50–75% shares

British · Wales · Age 70

4, Maes Ty Gwyn, Llanelli, SA14 8XY

Notified 06/04/2016

Mrs Susan Jane Morgan

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 61

4, Maes Ty Gwyn, Llanelli, SA14 8XY

Notified 11/03/2025

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 21/07/2022Registered 28/07/2022

CompanyRankvs 5531+ SIC 49410 peers
54

Financial strength97th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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

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

13avg. employees-1

Balance Sheet

Assets less current liabilities£955k
Signed by Mr William Morgan 19 December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.95+£238k
20240.56+£76k
20231.46

Derived from filed accounts. Not audited figures.