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Morgan 316 Engineering Services Limited

08441806

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

CASTLE HOUSE, AMMANFORD, SA18 2NB
Incorporated 12/03/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Darren Morgan

director · Since 12/03/2013

FABRICATOR

BRITISH · WALES · Age 54

Also on 2 other boards

Persons with Significant Control

Mr Darren Morgan

75–100% shares

British · Wales · Age 54

Castle House, High Street, Ammanford, SA18 2NB

Notified 01/06/2016

CompanyRankvs 7429+ SIC 71129 peers
63

Financial strength14th percentile among SIC peers · 4/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 5.24× · 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 strength4/25 pts

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

Employees10/15 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 31/03/2025

Net Worth

£1

Balance sheet strength

Cash

£94k

Cash in the bank

Net Current Assets

£102k

Working capital

Current Assets

£126k

Current Liabilities

£24k

Fixed Assets

£109k

Debtors

£29k

2avg. employees

Balance Sheet

Assets less current liabilities£211k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20255.24
20243.49
20233.37

Derived from filed accounts. Not audited figures.