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Morris Singer Art Foundry Limited

07774429

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 10 HIGHFIELD SITE, LASHAM, GU34 5SQ
Incorporated 15/09/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr John Michael Berelowitz

director · Since 20/04/2012

DIRECTOR

BRITISH · ENGLAND · Age 76

Also on 5 other boards

Persons with Significant Control

Mr John Michael Berelowitz

Significant control

British · England · Age 76

264 High Road, Harrow Weald, England, HA3 7BB

Notified 06/04/2016

CompanyRankvs 9018+ SIC 32990 peers
40

Financial strength0th percentile among SIC peers · 0/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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9018Morris Singer Art Foundry Limited
45
How is this score calculated?
Financial strength0/25 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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

respect of an unsecured loan. This related party has agreed to only seek repayment if to do so would not prejudice the interest of other creditors or the company's ability to continue trading as a going concern. Page 6

Key FinancialsYear ending 31/12/2024

Net Worth

-£4.3M

Balance sheet strength

Cash

£46k

Cash in the bank

Net Current Assets

-£192k

Working capital

Current Assets

£263k

Current Liabilities

£455k

Fixed Assets

£2.2M

Debtors

£73k

21avg. employees+1

Balance Sheet

Assets less current liabilities£2.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.58-£4.6M
20230.61+£6.3M
20220.68-£427k
20210.75-£423k
20200.56-£623k
20191.22-£2.0M
20180.89—

Derived from filed accounts. Not audited figures.