D. MORGAN PLC

1. D. MORGAN PLC 1993-01-04 → present
2. D.MORGAN (PLANT HIRE) LIMITED 1964-03-23 → 1993-01-04

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

McEwan Wallace Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “The economy has struggled in recent years under the pressures of economic shocks such as the COVID-19 Pandemic and Ukraine war. GDP growth came in at only 0.1% over 2024, with the dual headwinds of high inflation and increased interest rates weighing on economic activity.”
• “In August 2025 the Bank of England cut its key interest rate by 0.25 percentage points, from 4.25% to 4.00%. This marks the fifth cut in a year, as the central bank attempts to support a weak UK Economy.”
• “In the three months to September 2025, the UK unemployment rate rose to 5 per cent.”
• “USA President Trump has in 2025 introduced trade tariffs and trade barriers.”
• “In 2024, Brits are working 162 days solely to pay taxes, 6 days longer than last year”
• “The Bank of England warned that a bursting bubble of unregulated private lenders could pose a "material" danger to the British economy.”
• “In the 12 months to July 2025, 3,973 construction companies in England and Wales became insolvent.”
• “On April 1st 2025, the adult minimum wage rose by 6.7 per cent – the seventh-largest rise in 26 years.”
• “The UK's prime minister Keir Starmer has reiterated the link between high energy bills and the country's exposure to fossil-fuel prices.”
• “In 2025 D Morgan plc has been shortlisted nationally for "Best Culture" (in the category over 100 Employees) at the Investors in People Awards 2025.”
• “For a sixth consecutive year, we have won an internationally recognised Achievement Award from The Royal Society for the Prevention of Accidents, for health and safety performance throughout the year 2024.”
• “In 2020 in collaboration with a Client, we were International Winners of the Green Apple Award for Environmental Best Practice developing one of the largest brownfield sites in Europe.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -22.3%

  £56,490,393 → £43,883,409

• Cash

  -62.4%

  £5,142,218 → £1,935,032

• Net assets

  +6.2%

  £16,396,858 → £17,406,440

• Employees

  -5.3%

  225 → 213

• Operating profit

  -53.3%

  £1,618,508 → £756,514

• Profit before tax

  -62.3%

  £1,428,689 → £538,334

• Wages

  -0.3%

  £10,409,527 → £10,375,649

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers