F W Morgan (TBS) Limited
Registered name: F W MORGAN (TBS) LIMITED
Part of Brittons Holdings Limited groupF W Morgan (TBS) Limited does not publish its revenue or profit. Its accounts to 30 Apr 2025 show net assets of £8.4k and 14 employees.
F W Morgan (TBS) Limited did not publish its revenue or profit — small companies aren’t required to file a profit & loss account. Its accounts for the year to 30 Apr 2025 showed net assets of £8.4k and 14 employees. The company is classified under “wholesale of wood, construction materials and sanitary equipment” and is based in Cardiff; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Cardiff, Wales
- Age
- 21 yrs · since 2005
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.
Key figures
Revenue not disclosed
F W Morgan (TBS) Limited’s accounts for the year to 30 Apr 2025 contain a balance sheet but no profit & loss account, so its revenue and profit are not public. UK small and micro-entity companies are not required to publish a P&L — this is normal and says nothing about how the business is performing.
We never estimate revenue. Below you’ll find the balance-sheet figures that were filed — useful as indirect signals of momentum, but they are not revenue or profit.
- Employees
- 14
- Net assets
- £8.4k
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Apr 2022 | 30 Apr 2023 | 30 Apr 2024 | 30 Apr 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L | No P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | £738k | £1.8m | — |
| Cost of sales | — | £514k | £1.3m | — |
| Gross profit | — | £224k | £515k | — |
| Operating profit | — | £265 | £52.5k | — |
| Profit before tax | — | −£621 | £45.3k | — |
| Profit after tax | — | −£621 | −£2.8k | — |
| Profit (best available) | — | −£621 | −£2.8k | — |
| Employees (average) | 3 | 3 | 6 | 14 |
| Ratios | ||||
| Profit margin | — | −0.1% | −0.2% | — |
| Gross margin | — | 30.3% | 29% | — |
| Revenue per employee | — | £246k | £296k | — |
| Profit per employee | — | −£207 | −£474 | — |
| Growth (year on year) | ||||
| Revenue growth | — | — | ▲140.8% | — |
| Headcount growth | — | 0% | ▲100% | ▲133.3% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £4.1k | £0 | £9.4k | £14k |
| Net assets | £4.8k | £4.2k | £1.4k | £8.4k |
| Fixed assets | £5.2k | £256k | £302k | £396k |
| Current assets | £26.6k | £638k | £697k | £1.2m |
| Debtors | £18.1k | £332k | £312k | £611k |
| Source | Accounts · bulk data Nov 2023 | Accounts · bulk data Nov 2023 | FullAccounts · bulk data Jan 2025 | FullAccounts · bulk data Jan 2026 |
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲520%
- Now £8.4k
- Cash at bank
- ▲50%
- Now £14k
- Headcount
- ▲133%
- Now 14
- Deferred income
- —
- Now —
- Fixed assets
- ▲31%
- Now £396k
Group structure
Ownership chain
- Brittons Holdings Limitedultimate parent75–100%
- F W Morgan (TBS) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Morgan Forest Products LimitedRev. £11m · Profit −£433k
- Nicks & Company(Timber)limitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 30 Apr 2025, from the Companies House accounts bulk data published Jan 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.