Morefund Limited
14509040
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/11/2022
DIRECTOR
MALAYSIAN · UNITED KINGDOM · Age 51
Also on 1 other board
Persons with Significant Control
Ms Siaw Chen Law
Malaysian · United Kingdom · Age 51
114, Hamlet Court Road, Westcliff On Sea, SS0 7LP
Notified 28/11/2022
CompanyRankvs 27436+ SIC 56103 peers42
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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 30/11/2024
Net Worth
£1
Balance sheet strength
Cash
£19k
Cash in the bank
Net Current Assets
-£479
Working capital
Current Assets
£26k
Current Liabilities
£26k
Fixed Assets
£480
Debtors
£5k
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.98 |
| 2023 | 0.97 |
Derived from filed accounts. Not audited figures.