Morgans Trade Ltd
10907177
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/12/2025
PAKISTANI · PAKISTAN · Age 40
Also on 1 other board
Persons with Significant Control
Mr Muhammad Ali Naseem Khan
Pakistani · Pakistan · Age 40
City Road, 124 City Road, London, EC1V 2NX
Notified 30/12/2025
Former PSCs
Mr Javeed Mohammed
Ceased 30/12/2025
Charges1 outstanding
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 14733+ SIC 47190 peers32
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
-£104k
Balance sheet strength
Cash
£62k
Cash in the bank
Net Current Assets
-£129k
Working capital
Current Assets
£159k
Current Liabilities
£287k
Fixed Assets
£45k
Debtors
£75k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 0.55 | -£38k | £1.7M |
| 2023 | 0.60 | -£171k | £760k |
| 2022 | 1.43 | +£57k | £893k |
| 2021 | 1.26 | +£14k | — |
| 2020 | 1.15 | — | — |
| 2019 | 0.92 | — | — |
| 2018 | 1.13 | — | — |
Derived from filed accounts. Not audited figures.