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Morrigan Solutions Limited

11046200

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

27 OLD GLOUCESTER STREET, LONDON, WC1N 3AX
Incorporated 03/11/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Craig Walls

director · Since 03/11/2017

IT CONSULTANCY

IRISH · ENGLAND · Age 53

Mrs Isabella Walls

director · Since 04/06/2020

HOUSE WIFE

IRISH · ENGLAND · Age 53

Persons with Significant Control

Mr Craig Walls

75–100% shares

Irish · United Kingdom · Age 53

27, Old Gloucester Street, London, WC1N 3AX

Notified 03/11/2017

CompanyRankvs 23840+ SIC 62020 peers
69

Financial strength91th percentile among SIC peers · 23/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 3.06× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

Liquidity20/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£154k

Balance sheet strength

Cash

£200k

Cash in the bank

Net Current Assets

£147k

Working capital

Current Assets

£218k

Current Liabilities

£71k

Fixed Assets

£7k

Debtors

£18k

0avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20243.06+£64k
2023-£37k
2022+£97k

Derived from filed accounts. Not audited figures.