Morganlets Ltd
11613160
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/10/2018
DIRECTOR
BRITISH · ENGLAND · Age 68
Also on 1 other board
Persons with Significant Control
Mr William John Morgan
British · England · Age 40
18, Wellington Park, Bristol, BS8 2UT
Notified 05/04/2025
Mr Jonathan Ellis Morgan
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
PARAGON BANK PLC
PARAGON BANK PLC
CompanyRankvs 88329+ SIC 68209 peers56
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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.
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
Tax at Year End(2020)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.01 | +£12k |
| 2024 | 0.02 | +£6k |
| 2023 | 0.46 | +£14k |
| 2022 | 1.50 | +£34k |
| 2021 | 2.09 | +£18k |
| 2020 | 0.06 | +£28k |
| 2019 | 0.03 | — |
Derived from filed accounts. Not audited figures.