Morgan Electrical North West Ltd
07766561
Healthy
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2025
total exemption full
Next accounts due
31/05/2027
Confirmation statement
Last: 06/08/2025
Due 20/08/2026
Industry
Officers
Persons with Significant Control
Mr Anton Michael Gatehouse
British · England · Age 44
First Floor, Swan Building, Manchester, M4 5JW
Notified 05/09/2025
Former PSCs
Mr Stephen Morgan
Ceased 05/09/2025
CompanyRankvs 2675+ SIC 41100 peers83
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Turnover
£1.1M
Annual revenue
Net Worth
£603k
Balance sheet strength
Cash
£219k
Cash in the bank
Profit Before Tax
£616k
Bottom line earnings
Net Current Assets
£393k
Working capital
Current Assets
£446k
Current Liabilities
£52k
Fixed Assets
£241k
Debtors
£227k
Cost of Sales
£302k
Gross Profit
£803k
Admin Expenses
£188k
Operating Profit
£616k
Tax at Year End(2022)
Director Loans(2022)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 8.55 | +£611k |
| 2023 | 0.60 | +£32k |
| 2022 | 0.46 | +£3k |
| 2021 | 0.53 | -£26k |
| 2020 | 0.52 | — |
| 2019 | 1.00 | — |
| 2018 | 1.04 | — |
Derived from filed accounts. Not audited figures.