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Morgan Spence Limited

13316197

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

731 STOCKPORT ROAD, MANCHESTER, M19 3AR
Incorporated 06/04/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43390
Other building completion and finishing

Officers

Mr Zafar Iqbal

director · Since 15/04/2025

DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 2 other boards

Persons with Significant Control

Mr Zafar Iqbal

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

British · England · Age 77

731, Stockport Road, Manchester, M19 3AR

Notified 15/04/2025

Former PSCs

Mr Armughan Zafar

Ceased 14/04/2025

CompanyRankvs 16405+ SIC 43390 peers
57

Financial strength11th percentile among SIC peers · 3/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.98× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 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.

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

-£8k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£10k

Current Liabilities

£2k

Fixed Assets

£34k

5avg. employees+4

Balance Sheet

Assets less current liabilities£41k
Signed by Mr Zafar Iqbal 15/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.98+£6k
20230.14—

Derived from filed accounts. Not audited figures.