Back to search

Morhicor Developments Ltd

08177133

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

SUITE 9, HITCHIN, SG5 1LE
Incorporated 13/08/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Paul Morris

director · Since 13/08/2012

COMMERCIAL DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

Mr James Richard Hindes

director · Since 09/10/2012

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Morhicor Holdings Limited

75–100% shares
75–100% votes
Appoint directors

3rd Floor, 207 Regent Street, London, W1B 3HH

Reg: 09542637 · Uk Companies House · Private Limited Company

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

LLOYDS BANK PLC

Created 31/08/2018Registered 31/08/2018Satisfied 07/06/2021
Charge
satisfied

LLOYDS BANK PLC

Created 05/10/2017Registered 18/10/2017Satisfied 10/12/2018
charge
satisfied

LLOYDS TSB BANK PLC

Created 26/03/2013Registered 30/03/2013Satisfied 03/06/2021
charge
satisfied

LLOYDS TSB BANK PLC

Created 18/03/2013Registered 22/03/2013Satisfied 07/06/2021

CompanyRankvs 25123+ SIC 41202 peers
56

Financial strength98th percentile among SIC peers · 25/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.03× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

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

Employees0/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity14/15 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.

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

£1.1M

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

-£989k

Working capital

Current Assets

£30k

Current Liabilities

£1.0M

Fixed Assets

£2.1M

Debtors

£4k

Tax at Year End(2023)

Corp tax£6k

Director Loans

Company owes directors£998k

Balance Sheet

Assets less current liabilities£1.1M
Signed by P Morris J Hindes 14/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.03-£18k
20231.97-£21k
20221.95+£24k
20211.76+£606k
20201.62
20192.40
20181.42

Derived from filed accounts. Not audited figures.