Morplan Limited

Morplan Ltd, based in Harlow, UK, is a large, active company established 25 years ago. With 82 employees and £8,101,537 in assets, the business generated £17,588,155 in revenue last year. It operates from a real address and is overseen by four directors and one owner. Notably, Morplan Ltd runs an e-commerce site and regularly imports paper and paperboard products (486 months) while exporting furniture, lighting, and prefabricated buildings (45 months).

The company's core business revolves around retail sales via mail order and internet, with a focus on supplying the retail industry. While details about the specific products sold are limited, the import and export activities suggest a broad range of goods.

Financially, Morplan Ltd’s recent performance reveals a mixed picture. Current assets decreased by 7.7% to £8,100,000, while net assets declined by 13% to £4,000,000. Interest expense has increased significantly by 600%, reaching £25,000, and cash bank on hand decreased by 8.8% to £1,200,000. On a positive note, trade creditors decreased by 13%, indicating improved debt management. The company meets the criteria to be considered large, having turnover over £36 million and balance sheet total over £18 million.

These trends could be attributed to various factors, such as changing market conditions, increased competition, or shifts in consumer demand. The rise in interest expense suggests potential borrowing challenges, while the decrease in cash reserves warrants closer monitoring. The unaudited financial statements, prepared by BSR Bespoke, provide a snapshot of the company’s current state, but further analysis would be needed to fully understand the underlying drivers of these trends.

Registered in England/Wales under the registration number 03801026, with a registered address at CM20 2DY, England, Harlow, Unit 1 Temple Bank.

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