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Morganstone Homes Ltd

10816699

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

FLOOR 2 PRINCESS HOUSE, SWANSEA, SA1 3LW
Incorporated 13/06/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Ian Wayne Morgan

director · Since 13/06/2017

DIRECTOR

WELSH · UNITED KINGDOM · Age 59

Also on 8 other boards

Mrs Tonia Anne Morgan

director · Since 13/06/2017

DIRECTOR

BRITISH · WALES · Age 55

Also on 7 other boards

Persons with Significant Control

Mr Ian Wayne Morgan

25–50% shares
25–50% votes

British · United Kingdom · Age 59

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

Notified 13/06/2017

Mrs Tonia Anne Morgan

25–50% shares
25–50% votes

British · United Kingdom · Age 55

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

Notified 13/06/2017

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 28/03/2018Registered 08/04/2018
Charge
outstanding

LLOYDS BANK PLC

Created 27/03/2018Registered 27/03/2018

CompanyRankvs 60660+ SIC 41100 peers
31

Financial strength37th percentile among SIC peers · 9/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees2/15 pts

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

Liquidity6/20 pts

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

Longevity9/15 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 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

£257

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£61k

Current Liabilities

£67k

Debtors

£60k

0avg. employees-2

Tax at Year End(2020)

Corp tax£7k

Balance Sheet

Assets less current liabilities-£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20250.90
20240.90
20230.90
20220.61
20210.02
20200.52
20191.18

Derived from filed accounts. Not audited figures.