MORRIS ENGINEERING LIMITED Financials
- Company number
- 03725924Copy
Copy - Registered office
- Bell Close, Newnham Industrial Estate, Plympton, Devon PL7 4JH
- Incorporated
- 03/03/1999
Company snapshot
- Status
- Active
- Employees
- 56 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-21.53%vs 20232023: £4.17M
Total Assets
18.15%vs 20242024: £2.78M
Cash in Bank
-40.38%vs 20242024: £48.66K
Total Liabilities
First reported yearEmployees
+3vs 20242024: 53
In 2024, MORRIS ENGINEERING LIMITED reported net assets of £3.27M. The same filing shows total assets of £3.29M, cash in bank of £29.01K and total liabilities of £3.03M. Reported headcount was 56 in 2025. Net Assets fell from £4.17M in 2023 to £3.27M in 2024 (-21.53%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-21.53%from £4.17M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MORRIS ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Cash in Bank
-96.7%vs 2023-81.8% a year compound (CAGR)
Total Assets
+21.7%vs 2023+10.3% a year compound (CAGR)
Employees
+14.3%vs 2023+7Biggest increase
Total Assets+21.7%
£2.70M in 2023 to £3.29M in 2025
Biggest decrease
Cash in Bank-96.7%
£879.09K in 2023 to £29.01K in 2025
MORRIS ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MORRIS ENGINEERING LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 117.69%2024
- Liabilities to total assets
- 47.20%2021
- Cash to liabilities
- 15.25%2021
- Cash to total assets
- 0.88%2025
- Revenue per employee
- £111.22K2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MORRIS ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 3.39M | 4.17M | 4.17M | 3.27M | – |
| Total Assets£ | 6.42M | 3.05M | 2.70M | 2.78M | 3.29M |
| Cash in Bank£ | 462.12K | 1.24M | 879.09K | 48.66K | 29.01K |
| Total Liabilities£ | 3.03M | – | – | – | – |
| Employees | 58 | 61 | 49 | 53 | 56 |
MORRIS ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MORRIS ENGINEERING LIMITED filed financial statements?
Yes. Okredo holds filed figures for MORRIS ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MORRIS ENGINEERING LIMITED report in 2024?
MORRIS ENGINEERING LIMITED reported net assets of £3.27M for 2024. That compares with £4.17M in 2023, a change of -21.53%.
What total assets did MORRIS ENGINEERING LIMITED report in 2025?
MORRIS ENGINEERING LIMITED reported total assets of £3.29M for 2025. That compares with £2.78M in 2024, a change of 18.15%.
What cash in bank did MORRIS ENGINEERING LIMITED report in 2025?
MORRIS ENGINEERING LIMITED reported cash in bank of £29.01K for 2025. That compares with £48.66K in 2024, a change of -40.38%.
How many people does MORRIS ENGINEERING LIMITED employ?
MORRIS ENGINEERING LIMITED reported 56 employees in 2025, compared with 53 in 2024.
How have MORRIS ENGINEERING LIMITED financials changed over the last 3 years?
Between 2023 and 2025, MORRIS ENGINEERING LIMITED's cash in bank fell by 96.7%, total assets rose by 21.7% and employee numbers rose by 14.3%. Cash in bank contracted at 81.8% a year across the two years to 2025, from £879.09K to £29.01K. Reported headcount went from 49 in 2023 to 56 in 2025 (+7).
Which years of MORRIS ENGINEERING LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.