Morganstone (Holdings) Limited
08991510
Some Concerns
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 10/04/2014
DIRECTOR
WELSH · UNITED KINGDOM · Age 59
Also on 8 other boards
director · Since 10/04/2014
DIRECTOR
BRITISH · WALES · Age 55
Also on 7 other boards
Persons with Significant Control
Mr Ian Wayne Morgan
British · United Kingdom · Age 59
Floor 2 Princess House, Princess Way, Swansea, SA1 3LW
Notified 06/04/2016
CompanyRankvs 36500+ SIC 41100 peers41
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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.
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
People Costs(2022)
Balance Sheet