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Morganlets Ltd

11613160

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

18 WELLINGTON PARK, BRISTOL, BS8 2UT
Incorporated 09/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Stephen Gareth Morgan

director · Since 09/10/2018

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mrs Susan Morgan

director · Since 09/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Persons with Significant Control

Mr William John Morgan

25–50% shares
25–50% votes

British · England · Age 40

18, Wellington Park, Bristol, BS8 2UT

Notified 05/04/2025

Mr Jonathan Ellis Morgan

25–50% shares
25–50% votes

British · England · Age 38

18, Wellington Park, Bristol, BS8 2UT

Notified 05/04/2025

Former PSCs

Mr Stephen Gareth Morgan

Ceased 03/11/2023

Mrs Susan Morgan

Ceased 03/11/2023

Charges0 outstanding

Charge
satisfied

PARAGON BANK PLC

Created 13/02/2019Registered 14/02/2019Satisfied 11/05/2024
Charge
satisfied

PARAGON BANK PLC

Created 13/02/2019Registered 14/02/2019Satisfied 01/12/2025

CompanyRankvs 88329+ SIC 68209 peers
56

Financial strength77th percentile among SIC peers · 19/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees12/15 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.

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.

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

Key FinancialsYear ending 31/10/2025

Net Worth

£88k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£454k

Working capital

Current Assets

£3k

Current Liabilities

£456k

Fixed Assets

£547k

2avg. employees

Tax at Year End(2020)

Corp tax£3k
Dividends paid£4k

Balance Sheet

Assets less current liabilities£93k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20250.01+£12k
20240.02+£6k
20230.46+£14k
20221.50+£34k
20212.09+£18k
20200.06+£28k
20190.03

Derived from filed accounts. Not audited figures.