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Morphuse Construction Limited

09786006

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

2A FORTIS GREEN, LONDON, N2 9EL
Incorporated 21/09/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41201
Construction of commercial buildings
41202
Construction of domestic buildings

Officers

Mr Oded Bar

director · Since 21/09/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 21 other boards

Mr Elad Farkash

director · Since 21/09/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 20 other boards

Persons with Significant Control

Mr Elad Farkash

25–50% shares

British · England · Age 51

2a, Fortis Green, London, N2 9EL

Notified 06/04/2016

Mr Oded Bar

25–50% shares

British · England · Age 48

2a, Fortis Green, London, N2 9EL

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 30/03/2022Registered 05/04/2022

CompanyRankvs 49937+ SIC 41100 peers
33

Financial strength2th percentile among SIC peers · 1/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.5× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 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.

Longevity11/15 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

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

-£623k

Balance sheet strength

Cash

£29k

Cash in the bank

Net Current Assets

-£603k

Working capital

Current Assets

£593k

Current Liabilities

£1.2M

Debtors

£404k

Profit After Tax

-£306k

5avg. employees-1

Tax at Year End(2023)

Dividends paid£96k

Balance Sheet

Assets less current liabilities-£603k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.50-£306k
20230.81-£544k
20221.24-£81k
20211.53+£126k
20201.45
20191.35
20181.65

Derived from filed accounts. Not audited figures.