# MORGANS CUSTOMS & CLASSICS LIMITED (12505177)

> MORGANS CUSTOMS & CLASSICS LIMITED is an active private limited company (company number 12505177) incorporated on 9 March 2020, registered in Swansea. Its registered activity is sale of new cars and light motor vehicles (SIC 45111). Latest micro accounts cover the period ending 31 March 2026, showing net assets of £853, with 1 employee on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 89% on the prior period (£7,816). Across the last 3 periods on record the net-asset trend is falling.

- Status: Active
- Incorporated: 2020-03-09
- Registered office: Swansea, SA4 3RS
- SIC 45111: Sale of new cars and light motor vehicles
- SIC 45112: Sale of used cars and light motor vehicles
- Next accounts due: 2027-12-31
- Confirmation statement due: 2027-03-23
- Accounts type: MICRO ENTITY

By net assets it sits in the lower half of 2,575 comparable companies in the UK (median £20k, upper quartile £395k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2026-03-31 | £853 | — | — | £90k | — | — | 1 |
| 2025-03-31 | £7,816 | — | — | £83k | — | — | 1 |
| 2024-03-31 | £11k | — | — | £81k | — | — | 1 |

current ratio 0.95; net assets trend falling; size band micro.

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

- Net assets above zero: Net assets £853 at 31 March 2026
- Net assets down 25% or more on the prior period: -89.1% vs prior period
- Current assets below creditors within one year: Current ratio 0.95
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 9 March 2020

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

## Persons with significant control

- Mr David Rhys Morgans — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2020-03-09

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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/12505177
HTML: https://firmoscan.com/company/12505177-morgans-customs-classics-limited