MORGANS OF USK LIMITEDActive

Company number 02137982Private limited companyIncorporated 1987

Key figures

£20,986,415+60.8%
Net assets 2024/25
+23.0%
Average annual growth 2019/20–2024/25
010 m20 m30 m2019/202020/212021/222022/232023/242024/25

Ratios

2024/25
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
020 m40 m2019/202020/212021/222022/232023/242024/25

Dividends

from the accounts
2024/25

Dividends paid in the financial year: £4,000,000 (47% of the profit for the year).

History
2024/25£4,000,000
2023/24£1,000,000
2022/23£2,000,000
2021/22£2,000,000
2020/21£2,000,000
2019/20£2,000,000
Filed accounts2019/20–2024/25
2020/212021/222022/232023/242024/25
Turnover29,443,14738,157,78646,586,10738,381,27654,503,274
Profit for the year2,874,3043,291,0325,096,6021,325,4758,597,212
Cash at bank and in hand8,046,9105,416,3228,756,53215,439,95518,658,774
Total assets18,255,26918,594,78124,094,47628,230,43032,427,307
Total liabilities—————
Net assets / total equity8,335,7419,626,77312,723,37513,048,85020,986,415
Average number of employees112131120124129
Average pay (per year)48,88749,16754,95257,83862,157
Dividends paid2,000,0002,000,0002,000,0001,000,0004,000,000

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Summary: MORGANS OF USK LIMITED

Company

MORGANS OF USK LIMITED is a private limited company registered with Companies House under company number 02137982. It was incorporated on 5 Jun 1987. Its status is active. The registered office is in Newport (NP20). Its nature of business (SIC 2007) is manufacture of basic iron and steel and of ferro-alloys (24100).

Accounts

The latest accounts in the database are for 2024/25 (period ending 31 May 2025); the company files full accounts. Turnover was £54,503,274. Profit for the year was £8,597,212. Net assets were £20,986,415, up 60.8% on the previous year. Cash at bank and in hand was £18,658,774. The company had an average of 129 employees. Figures are available for 6 financial years (2019/20–2024/25).

Control and charges

One person with significant control is registered. 2 of 4 registered charges are outstanding.

Filing deadlines

The next accounts are due by 28 Feb 2027. The next confirmation statement is due by 27 Dec 2026.