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Morris Bidco Limited

13197092

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

1ST FLOOR, LINK HOUSE,, POOLE, BH15 1LD
Incorporated 11/02/2021

Compliance

Last accounts

30/09/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 10/02/2026

Due 24/02/2027

On track

Industry

64209
Activities of other holding companies

Officers

Christopher James Kay

director · Since 11/02/2021

INVESTMENT MANAGER

BRITISH · UNITED KINGDOM · Age 35

Also on 9 other boards

Mr Henry William Baines Sallitt

director · Since 11/02/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 38 other boards

Mr Jeremy Bucknell

director · Since 02/03/2021

CEO

BRITISH · ENGLAND · Age 55

Also on 6 other boards

Mr Darryl Sackett

director · Since 16/10/2023

CEO

BRITISH · ENGLAND · Age 42

Also on 10 other boards

Mr William John Etchell

director · Since 04/11/2024

CFO

BRITISH · ENGLAND · Age 54

Also on 23 other boards

Persons with Significant Control

Morris Midco Limited

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

1st Floor, Link House, Poole, BH15 1LD

Reg: 13194487 · Companies House · Private Limited Company

Notified 11/02/2021

Charges3 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 11/11/2025Registered 18/11/2025
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 12/02/2024Registered 20/02/2024
Charge
satisfied

RUPERT MADATH (ACTING AS SECURITY TRUSTEE)

Created 03/05/2022Registered 09/05/2022Satisfied 23/07/2025
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 07/07/2021Registered 12/07/2021

CompanyRankvs 378620+ SIC 64209 peers
17

Financial strength1th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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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.

Employees15/15 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.

Longevity5/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/09/2024

Net Worth

-£4.5M

Balance sheet strength

Cash

£257

Cash in the bank

Profit Before Tax

-£3.4M

Bottom line earnings

Net Current Assets

-£34.1M

Working capital

Current Assets

£7.1M

Current Liabilities

£41.3M

Debtors

£7.1M

Cost of Sales

£2.9M

Admin Expenses

£876k

Profit After Tax

-£2.9M

18avg. employees+2

Tax at Year End(2022)

Dividends paid£1.5M

People Costs(2022)

Wages & salaries£1.8M
NI contributions£240k

Balance Sheet

Assets less current liabilities£29.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17-£2.9M
20230.09-£1.6M
20220.09+£18k
20210.01

Derived from filed accounts. Not audited figures.