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Morse 5 Ltd

12538605

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Negative net worth (-10)

Details

C/O CHARLES HINITT & ASSOCIATES, MALVERN, WR14 4QG
Incorporated 30/03/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects
41202
Construction of domestic buildings
45111
Sale of new cars and light motor vehicles
45112
Sale of used cars and light motor vehicles

Officers

Mr Richard Leonard Simmonds

director · Since 30/03/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 27 other boards

Persons with Significant Control

Mr Richard Leonard Simmonds

25–50% shares

British · United Kingdom · Age 46

C/O, Charles Hinitt & Associates, Malvern, WR14 4QG

Notified 30/03/2020

Mrs Ingeborg Heins Pico

25–50% shares

British · England · Age 47

C/O, Charles Hinitt & Associates, Malvern, WR14 4QG

Notified 30/03/2020

CompanyRankvs 63077+ SIC 41100 peers
35

Financial strength1th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.03× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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63077Morse 5 Ltd
35
How is this score calculated?
Financial strength0/25 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.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 31/12/2024

Net Worth

-£1.2M

Balance sheet strength

Cash

£666k

Cash in the bank

Net Current Assets

£72k

Working capital

Current Assets

£2.7M

Current Liabilities

£2.7M

Debtors

£657k

0avg. employees

Balance Sheet

Assets less current liabilities£72k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.03-£996k
20231.43-£156k
20221.81+£131k
20222.75-£118k

Derived from filed accounts. Not audited figures.