# MORGAS LIMITED (05865916)

> MORGAS LIMITED is an active private limited company (company number 05865916) incorporated on 4 July 2006, registered in Newport. Its registered activity is plumbing, heat and air-conditioning installation (SIC 43220). Latest abridged accounts cover the period ending 30 April 2025, showing net assets of £371k and cash of £314k, with 2 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets rose 11% on the prior period (£335k).

- Status: Active
- Incorporated: 2006-07-04
- Registered office: Newport, NP20 6QB
- SIC 43220: Plumbing, heat and air-conditioning installation
- Next accounts due: 2027-01-30
- Confirmation statement due: 2027-07-18
- Accounts type: UNAUDITED ABRIDGED

By net assets it sits in the top quarter of 510 comparable companies in Cardiff (median £3,182, upper quartile £28k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-04-30 | £371k | £314k | £107k | £89k | — | — | 2 |
| 2024-04-30 | £335k | £264k | £176k | £143k | — | — | 2 |

current ratio 4.73; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £371,048 at 30 April 2025
- Net assets up 10% or more on the prior period: +10.9% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 4.73
- Cash at bank of £50,000 or more: Cash £313,528
- Incorporated five or more years ago: Incorporated 4 July 2006

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Philip Charles Morgan — owns 75–100% of shares, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/05865916
HTML: https://firmoscan.com/company/05865916-morgas-limited