The Firmwatch take
Morfett Developments Ltd is a 6-year-old SIC 64209 company, active on the Companies House register. The latest filed accounts (year to 30 June 2024) show −£383k in net assets, with 1 distress signal extracted from the filing (negative net assets). Most recent public risk event: first gazette notice.
Auto-generated from filings·Refreshed 24 May 2026
1 public risk event on file
Pulse · Net assets
Only one period of accounts has been filed since this company was indexed. A trajectory will appear here as more filings arrive.
Incorporated
11 June 2019
6 years on the register
Sector
Activities of other holding companies n.e.c.
SIC 64209
Size
Not classified
Net assets
−£383k
-£382,990
Cash at bank
Not disclosed
Not required for this filing type
Risk events
1 on file
Public Gazette / Companies House
Address pattern · E17 5JF
53 other UK companies registered at this postcode.
Active
52
Dissolved
1
Strike-off action
0
Risk events · monitored daily
1 event on the watchtower
- 24 Nov 2025
First gazette notice
London Gazette
Money
What the balance sheet says
Net assets
−£383k
Cash
Not disclosed
Working cap.
−£308k
Current ratio
0.7×
Signals · 4
Negative net assets
The latest filed accounts show liabilities exceeding assets.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
People
Who runs this company
Officer detail being fetched
Open the People tab to fetch Companies House officer and PSC records. Once refreshed, this card shows named directors and the other current UK companies they run, each with its own Firmwatch verdict.
Registered office
Address intelligence
53 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.