MOORCOURT DEVELOPMENTS LIMITED

• ⚠

  Insolvency history on file

  Companies House holds prior insolvency events for this company. Detail and outcome on the official register.

• ⚠

  Material uncertainty over going concern

  These financial statements are prepared on an accruals basis, but not on a going concern basis. The director has a reasonable expectation that the company will continue in existence for the foreseeable future, however the current trade ceased in February 2024 and the director is currently considering the future direction of the company. The company will therefore be dependent on the financial support of the group, post cessation of trade, which has been confirmed. At the Balance Sheet date the company had net current assets of £1,999,034 (2023: £2,483,071) and net assets of £4,081,083 (2023: £4,626,311) and has sufficient assets to cover its anticipated costs for the twelve months from approving the accounts.

1. MOORCOURT DEVELOPMENTS LIMITED 1998-04-17 → present
2. MOORCARE LIMITED 1990-08-31 → 1998-04-17

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

HSKSG Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“These financial statements are prepared on an accruals basis, but not on a going concern basis. The director has a reasonable expectation that the company will continue in existence for the foreseeable future, however the current trade ceased in February 2024 and the director is currently considering the future direction of the company. The company will therefore be dependent on the financial support of the group, post cessation of trade, which has been confirmed. At the Balance Sheet date the company had net current assets of £1,999,034 (2023: £2,483,071) and net assets of £4,081,083 (2023: £4,626,311) and has sufficient assets to cover its anticipated costs for the twelve months from approving the accounts.”

Significant events

• “During the year the decision was taken for the company to cease trading. This took effect from 27 February 2024.”

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

Filings

3

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

  -78.5%

  £3,376,508 → £727,385

• Cash

  -96.6%

  £500,078 → £17,080

  lowest in 6 filed years

• Net assets

  -11.8%

  £4,626,311 → £4,081,083

• Employees

  -73.3%

  90 → 24

  lowest in 6 filed years

• Operating profit

  -566.7%

  £116,517 → -£543,793

• Profit before tax

  -579.7%

  £112,849 → -£541,364

  lowest in 3 filed years

• Wages

  -60%

  £2,049,422 → £820,321

  lowest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers