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Manufacture of basic iron and steel and of ferro-alloys · Newport, South Wales

Morgans of Usk

Morgans of Usk Limited

Turnover up 27%ActiveLatest figures: 2025Company only39 years on the register

Private limited company registered in Newport, classed under “Manufacture of basic iron and steel and of ferro-alloys”.

Headline figures

FY to May 2025 · Company only

Turnover

For subscribers

Profit after tax

£8.6m

Net assets

For subscribers

Cash

For subscribers

Employees

For subscribers

Retained reserves

For subscribers

What the numbers say

4 findings from the figures, in plain English

Written by rules from the figures on this page. Not a forecast or a credit opinion.

History

Pro
£2021*202220232024*2025
Profit after tax£8.6m
Turnover
Net assets
Cash
Employees
Retained reserves
Dividends paid

Every figure for all 5 years

“—” means we did not find the figure in a source; it is never filled with an estimate. * Restated: the next year's accounts printed different figures for this year, and those later figures are shown.

Balance sheet and ratios

From the filed balance sheets · £

Balance sheet2022202320242025
Current assets
of which debtors
of which cash
Creditors due within a year
Net current assets
Net assets
Ratios
Profit marginProfit after tax as a share of turnover
Return on equityProfit after tax as a share of net assets
Dividends to profitDividends paid as a share of profit after tax, in a year with a profit
Current ratioCurrent assets for every £1 owed within a year
Cash ratioCash for every £1 owed within a year
Creditors to assetsEverything owed to creditors as a share of fixed plus current assets
Turnover per employeeTurnover divided by average staff
Debtor daysDays of turnover owed by customers at the year end

6 balance-sheet lines and 8 ratios, every year

A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.

Timeline

Checked 2026-10-18

  1. Accounts
    Full accounts made up to 31 May 2025
  2. Accounts
    Full accounts made up to 31 May 2024
  3. Ownership
    Change of details for Morgans of Usk Group Limited as a person with significant control on 25 June 2024
  4. Directors
    Appointment of Josie Alice Price as a director on 25 June 2024
  5. Accounts
    Full accounts made up to 31 May 2023
  6. Accounts
    Full accounts made up to 31 May 2022
  7. Accounts
    Full accounts made up to 31 May 2021
  8. Accounts
    Full accounts made up to 31 May 2020
  9. Accounts
    Full accounts made up to 31 May 2019
  10. Accounts
    Full accounts made up to 31 May 2018
  11. Accounts
    Full accounts made up to 31 May 2017
  12. Accounts
    Accounts for a medium company made up to 31 May 2016
  13. 24 earlier
    1. Address
      Registered office address changed from 2 Alexandra Gate Ffordd Pengam Cardiff CF24 2SA to 21 Gold Tops Newport South Wales NP20 4PG on 25 May 2016
    2. Filing
      Auditor's resignation (and 1 more like it since 20 May 2016)
    3. Accounts
      Full accounts made up to 31 May 2015
    4. Accounts
      Full accounts made up to 31 May 2014
    5. Accounts
      Full accounts made up to 31 May 2013
    6. Address
      Registered office address changed from 1St Floor Unit 4C Village Way Greenmeadow Springs Business Park Cardiff CF15 7NE United Kingdom on 16 August 2013
    7. Accounts
      Full accounts made up to 31 May 2012
    8. Directors
      Appointment of Mr David Wyndham Morgan as a director
    9. Accounts
      Accounts for a medium company made up to 31 May 2011
    10. Address
      Registered office address changed from Dfc 1St Floor Unit 4C Village Way Greenmeadow Springs Business Park Cardiff CF15 7NE on 31 January 2012
    11. Accounts
      Full accounts made up to 31 May 2010
    12. Address
      Registered office address changed from Grove House 3 Park Grove Cardiff CF10 3BL on 29 April 2010
    13. Accounts
      Accounts for a medium company made up to 31 May 2009
    14. Directors
      Director's details changed for Andrew John Morgan on 1 December 2009
    15. Accounts
      Accounts for a medium company made up to 31 May 2008
    16. Address
      Location of debenture register
    17. Address
      Location of register of members
    18. Charges
      Particulars of a mortgage or charge / charge no: 4
    19. Accounts
      Accounts for a medium company made up to 31 May 2007
    20. Directors
      Director's particulars changed
    21. Directors
      New director appointed (and 1 more like it since 24 June 1997)
    22. Accounts
      Accounts for a medium company made up to 31 May 2006
    23. Accounts
      Accounts for a medium company made up to 31 May 2005
    24. Accounts
      Accounts for a medium company made up to 31 May 2004

From the Companies House filing history. Routine confirmation statements are left out, and a run of the same filing is shown once.

Questions people ask

›What does Morgans of Usk do?

Private limited company registered in Newport, classed under “Manufacture of basic iron and steel and of ferro-alloys”.

›How much turnover does Morgans of Usk make?

Answered in the full report

›Is Morgans of Usk profitable?

Yes: it made a profit after tax of £8.6m in the year to 31 May 2025, its latest filed accounts.

›How many people work at Morgans of Usk?

Answered in the full report

›Who runs and owns Morgans of Usk?

Its directors are Robert Hugh Thomas Davies, Andrew John Morgan, David Wyndham Morgan, Nancy Doreen Morgan, Josie Alice Price and 1 more. Its owners are shown to subscribers.

›Where is Morgans of Usk based?

Its registered office is 21 Gold Tops, Newport, South Wales, NP20 4PG, in Newport, South Wales.

›When was Morgans of Usk founded?

Morgans of Usk Limited was incorporated on 5 June 1987.

›Is Morgans of Usk still trading?

The register lists Morgans of Usk Limited as active.

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