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Morganstone (Holdings) Limited

08991510

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

FLOOR 2 PRINCESS HOUSE, SWANSEA, SA1 3LW
Incorporated 10/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Ian Wayne Morgan

director · Since 10/04/2014

DIRECTOR

WELSH · UNITED KINGDOM · Age 59

Also on 8 other boards

Mrs Tonia Anne Morgan

director · Since 10/04/2014

DIRECTOR

BRITISH · WALES · Age 55

Also on 7 other boards

Persons with Significant Control

Mr Ian Wayne Morgan

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

British · United Kingdom · Age 59

Floor 2 Princess House, Princess Way, Swansea, SA1 3LW

Notified 06/04/2016

CompanyRankvs 36500+ SIC 41100 peers
41

Financial strength36th percentile among SIC peers · 9/25
Employees100th percentile among SIC peers · 15/15
LiquidityNo balance sheet data · 0/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees15/15 pts

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

Liquidity0/20 pts

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

Longevity12/15 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

and funding generally, it is not possible to eliminate all the inherent risks that the industry faces. As such there remains a material uncertainty regarding the company's ability to continue as a going concern. The directors are further mitigating that risk by developing further resilience through improved margins and building cash reserves. Financial Risk Management Objectives and Policies Th

Key FinancialsYear ending 05/04/2025

Net Worth

£40

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3

Working capital

Current Assets

Current Liabilities

Fixed Assets

£3

Debtors

£3

Profit After Tax

£318k

53avg. employees+5

People Costs(2022)

Wages & salaries£2.8M

Balance Sheet

Assets less current liabilities£6
Prepared with IRIS Accounts Production