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Morgan Charlesworth Ltd

11590507

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 9 GEMINI BUSINESS PARK, LEEDS, LS7 3JB
Incorporated 26/09/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate

Officers

Mr Roy Morris

director · Since 26/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Mr Roy Morris

75–100% shares
75–100% votes
Appoint directors

British · England · Age 60

Unit 9, Gemini Business Park, Leeds, LS7 3JB

Notified 26/09/2018

Charges2 outstanding

Charge
outstanding

FBSE FINANCE LIMITED

Created 13/09/2021Registered 15/09/2021
Charge
outstanding

FBSE FINANCE LIMITED

Created 13/09/2021Registered 15/09/2021

CompanyRankvs 176257+ SIC 68100 peers
20

Financial strength2th percentile among SIC peers · 1/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.63× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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176257Morgan Charlesworth Ltd
25
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.

Employees0/15 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.

Longevity8/15 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 30/09/2024

Net Worth

-£175k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

-£133k

Working capital

Current Assets

£225k

Current Liabilities

£358k

Fixed Assets

£7k

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities-£125k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.63+£0
20230.63+£0
20220.63-£35k
20210.72+£2k
20200.70-£63k
20190.74—

Derived from filed accounts. Not audited figures.