T.morgan & Sons(lock Manufacturers)limited

T. Morgan & Sons (Lock Manufacturers) Limited, based in Wolverhampton, UK, is a small, family-run business with an active status. Founded 59 years ago in 1966, the company employs just three people and holds £793,800 in assets. It operates from a real address and is led by three directors and owned by two individuals. The company is a regular importer, specializing in miscellaneous metal items, with 97 months of import activity recorded, the latest in February 2025.

The company’s website showcases a long history, tracing its roots back to 1825 and the production of handmade padlocks. It now manufactures and supplies a wide range of mechanical locking devices, including accessible locks designed for independent access in public spaces. The website highlights a standard product range including padlocks, FB locks, shutter locks and accessible locks, with some products available for purchase online. It also has a contact page with opening hours and GPS coordinates.

Financially, T. Morgan & Sons (Lock Manufacturers) Limited shows a mixed picture. Current assets have decreased slightly, dropping 2.9% to £790,000, while net assets have increased by 6.7% to £830,000. Bank borrowings have increased, and cash reserves have increased, suggesting a more stable financial position. Creditors have decreased, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increased provisions for liabilities is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, T. Morgan & Sons (Lock Manufacturers) Limited appears to be a well-established, albeit small, business. Its long history, family ownership, and focus on quality products suggest a solid foundation, but the fluctuating financial figures warrant continued monitoring.

Registered in England/Wales under the registration number 00875548, with a registered address at WV8 2HU, England, Wolverhampton, 8 @ The Bradshaws Holyhead Road, Codsall.

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