Morcode Ltd
07860184
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/11/2011
DIRECTOR
BRITISH · UNITED KINGDOM · Age 48
Also on 1 other board
Persons with Significant Control
Mr Maurice Junior Morgan
British · United Kingdom · Age 48
22, Church Lane, Waltham Cross, EN8 0DY
Notified 06/04/2016
Former PSCs
Ms Natalie Samuels
Ceased 01/11/2023
CompanyRankvs 84238+ SIC 62020 peers38
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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 30/11/2024
Net Worth
-£30k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£26k
Working capital
Current Assets
£4
Current Liabilities
£26k
Fixed Assets
£13k
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£14k |
| 2023 | 0.17 | -£16k |
| 2022 | 0.38 | +£8k |
| 2021 | 0.18 | -£22k |
| 2020 | 3.23 | +£13k |
| 2019 | 1.05 | — |
| 2018 | 2.22 | — |
Derived from filed accounts. Not audited figures.