Morgan Supplies Limited

Morgan Supplies Limited, based in Gloucestershire, UK, is a small, holding company with an active status. Founded twenty-one years ago in 2003, the company employs ten people and holds £1,826,438 in assets. It operates from a real address and is overseen by one director and one owner. The company also runs an e-commerce site and enjoys a stellar 5.0 Google rating based on 295 reviews. It’s an irregular importer, primarily dealing in salt, sulphur, earths, stone, plaster, lime, and cement, with the last import operation recorded just one month ago.

The company’s activities center around agents involved in the sale of fuels, ores, metals, and industrial chemicals, as well as timber and building materials. It's a small company as it met two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. Its website, though not detailed, suggests a focus on supplying materials to various industries.

Financially, Morgan Supplies Limited shows a mixed picture. Current assets increased by 16% to £1,800,000, while net assets rose 21% to £1,800,000. However, trade debtors have increased significantly by 970%, reaching £250,000—a potential concern about payment collection. Bank borrowings decreased by -11%, reaching £2,500. Creditors also decreased by 49%, suggesting improved debt management. The company’s small size helps it remain flexible, but the surge in debtors warrants closer monitoring. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Morgan Supplies Limited appears to be a stable, albeit small, operation. The increase in debtors is something to keep an eye on, but the company’s strong Google rating and e-commerce presence suggest a healthy customer base.

Registered in England/Wales under the registration number 04933408, with a registered address at GL4 4PF, Gloucestershire, 143 Painswick Road, Gloucester.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.