MORGAN MOTOR COMPANY LIMITED
Get an alert when MORGAN MOTOR COMPANY LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£5.7m
-12.3% lowest in 3 filed years
Net assets
-£8.1m
-103.8% lowest in 3 filed years
Employees
213
+7.6% vs 2024
Profit before tax
-£3.8m
+50.9% highest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
However, at the date of approval of these financial statements, the renewal or replacement of these facilities is not yet legally committed. This indicates the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern.
-
Going-concern uncertainty disclosed
-
Negative shareholders' funds
Net assets
3-year trend · vs Consumer Discretionary median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £48,354,299 | £35,528,477 | £49,397,974 | +39% | |
| Operating profit | -£9,391,208 | -£5,727,254 | -£1,901,883 | +66.8% | |
| Profit before tax | -£10,989,786 | -£7,776,841 | -£3,818,594 | +50.9% | |
| Net profit | -£10,863,650 | -£7,990,855 | -£4,020,648 | +49.7% | |
| Cash | £8,391,676 | £6,451,042 | £5,660,485 | -12.3% | |
| Total assets less current liabilities | £29,557,393 | £20,872,871 | £17,304,672 | -17.1% | |
| Net assets | £4,132,762 | -£3,958,593 | -£8,065,751 | -103.8% | |
| Equity | £4,132,762 | -£3,958,593 | -£8,065,751 | -103.8% | |
| Average employees | 223 | 198 | 213 | +7.6% | |
| Wages | £8,691,038 | £8,298,171 | £9,463,197 | +14% | |
| Directors' remuneration | — | £21,012 | £220,553 | +949.7% | |
| Directors' pension contributions | — | £1,800 | £13,210 | +633.9% | |
| Highest paid director | — | £22,812 | £233,763 | +924.7% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -19.4% | -16.1% | -3.9% | |
| Net margin | -22.5% | -22.5% | -8.1% | |
| Return on capital employed | -31.8% | -27.4% | -11.0% | |
| Gearing (liabilities / total assets) | 93.1% | 106.6% | 113.8% | |
| Current ratio | 0.94x | 0.74x | 0.65x | |
| Interest cover | -5.16x | -2.67x | -0.97x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- MORGAN MOTOR COMPANY LIMITED 2018-08-10 → present
- MORGAN TECHNOLOGIES LIMITED 2010-12-03 → 2018-08-10
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“However, at the date of approval of these financial statements, the renewal or replacement of these facilities is not yet legally committed. This indicates the existence of a material uncertainty which may cast significant doubt on the company's ability to continue as a going concern.”
Group structure
- MORGAN MOTOR COMPANY LIMITED · parent
- Morgan Works - Malvern Limited 100%
Significant events
- “At a local and corporate level, Macmillan Cancer Support charity was selected for 2025 where Morgan employees took part in a number of events and raised over £10,000.”
- “During the year, the Group provided one-off commercial support to US customers totaling £452,490. This arose during a period of significant and unprecedented tariff volatility, where the applicable US import tariff rate increased from 2.5% to 27.5%, before subsequently reducing to 10%.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BODEN, Colin George | Secretary | 2013-02-01 | — | — |
| BODEN, Colin George | Director | 2017-12-19 | Sep 1984 | British |
| HOLE, Matthew | Director | 2024-10-31 | Mar 1981 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DUNCAN, Andrew Grant | Director | 2014-05-28 | 2016-06-01 |
| FUMAROLA, Massimo Francesco | Director | 2022-04-25 | 2024-10-31 |
| HAMILTON-SMITH, Craig | Director | 2011-04-06 | 2019-04-03 |
| MORGAN, Charles Peter Henry | Director | 2010-12-03 | 2013-10-14 |
| MORRIS, Steven David | Director | 2010-12-03 | 2022-12-31 |
| PERTWEE, Jacqueline Jane | Director | 2011-04-06 | 2019-04-03 |
| PRICE, Jill | Director | 2011-04-06 | 2019-04-03 |
| PRICE, Lawrence | Director | 2013-04-25 | 2018-08-01 |
| RILEY, Dominic | Director | 2016-06-01 | 2019-04-03 |
| STEPHENS, Graham Robertson | Director | 2010-12-03 | 2010-12-03 |
| WHITWORTH, Timothy John | Director | 2010-12-03 | 2015-12-14 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sports Cars (England) Acquisitions Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2019-04-03 | Active |
| Mr Colin George Boden | Individual | Significant influence | 2017-12-19 | Ceased 2018-12-19 |
| Mr Andrew Grant Duncan | Individual | Significant influence | 2016-12-01 | Ceased 2019-04-03 |
| Mr David Price | Individual | Significant influence | 2016-12-01 | Ceased 2019-04-03 |
| Mr Charles Peter Henry Morgan | Individual | Shares 25–50% | 2016-04-06 | Ceased 2019-04-03 |
| Mr Steven David Morris | Individual | Significant influence | 2016-04-06 | Ceased 2016-04-06 |
Filing timeline
Last 20 of 77 total filings
Material constitutional events — rename, articles re-file, resolution
- 2020-03-05 MA Memorandum articles
- 2020-03-05 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-19 | AA | accounts | Accounts with accounts type full | |
| 2026-02-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-04 | AA | accounts | Accounts with accounts type full | |
| 2025-04-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-11 | AP01 | officers | Appoint person director company with name date | |
| 2024-11-11 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-17 | AA | accounts | Accounts with accounts type full | |
| 2024-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-10 | AA | accounts | Accounts with accounts type full | |
| 2023-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-04 | TM01 | officers | Termination director company with name termination date | |
| 2022-10-13 | AA | accounts | Accounts with accounts type full | |
| 2022-04-26 | AP01 | officers | Appoint person director company with name date | |
| 2022-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-29 | AA | accounts | Accounts with accounts type full | |
| 2021-04-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-07 | AA | accounts | Accounts with accounts type full | |
| 2020-03-05 | MA | incorporation | Memorandum articles | |
| 2020-03-05 | RESOLUTIONS | resolution | Resolution | |
| 2020-03-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.