Morley Developments Ltd
12961523
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/10/2020
CO DIRECTOR
BRITISH · ENGLAND · Age 42
Also on 44 other boards
Persons with Significant Control
Gurjit Singh Aulak
British · United Kingdom · Age 42
7a, Connaught Road, Ilford, IG1 1RL
Notified 20/10/2020
CompanyRankvs 64993+ SIC 41100 peers35
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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 31/10/2024
Net Worth
-£4k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£100
Working capital
Current Assets
£100
Current Liabilities
£641k
Fixed Assets
£638k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.00 | -£2k |
| 2023 | 0.00 | — |
| 2022 | 0.00 | — |
| 2021 | 0.00 | — |
Derived from filed accounts. Not audited figures.