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Morgans Insurance Limited

08279005

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

THE OCTAGON SUITE E2, 2ND FLOOR, COLCHESTER, CO1 1TG
Incorporated 02/11/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

John Donnelly

director · Since 02/11/2012

INSURANCE BROKER

BRITISH · UNITED KINGDOM · Age 59

Scott Drane

director · Since 02/11/2012

INSURANCE BROKER

BRITISH · UNITED KINGDOM · Age 51

Mr Scott David Drane

secretary · Since 14/02/2013

Persons with Significant Control

Mr Scott Drane

25–50% shares
25–50% votes

British · United Kingdom · Age 51

The Octagon, Suite E2, 2nd Floor, Colchester, CO1 1TG

Notified 06/04/2016

Mr John Donnelly

25–50% shares
25–50% votes

British · United Kingdom · Age 59

The Octagon, Suite E2, 2nd Floor, Colchester, CO1 1TG

Notified 06/04/2016

Charges0 outstanding

Charge
satisfied

BBPS LIMITED

Created 19/04/2013Registered 09/05/2013Satisfied 20/07/2016
charge
satisfied

MORGANS INSURANCE BROKING LIMITED

Created 14/02/2013Registered 04/03/2013Satisfied 07/03/2014

CompanyRankvs 597+ SIC 66220 peers
80

Financial strength91th percentile among SIC peers · 23/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 6.73× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 pts

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

Employees8/15 pts

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

Liquidity20/20 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 30/04/2026

Net Worth

£466k

Balance sheet strength

Cash

£411k

Cash in the bank

Net Current Assets

£416k

Working capital

Current Assets

£489k

Current Liabilities

£73k

Fixed Assets

£49k

Debtors

£78k

2avg. employees

Tax at Year End

Corp tax£63k

Balance Sheet

Intangible assets£49k
Assets less current liabilities£466k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20266.73-£17k
20257.17+£7k
20247.76+£2k
20236.82+£91k
20226.51-£4k
20215.15

Derived from filed accounts. Not audited figures.