Morgan (Power Generation) Limited
Registered name: MORGAN (POWER GENERATION) LIMITED
Part of Morgans of Usk Group Limited groupMorgan (Power Generation) Limited made £0 revenue and a £6.4k loss in the year to 31 May 2024.
Morgan (Power Generation) Limited’s revenue fell 100% to £0 in the year to 31 May 2024, with a loss of £6.4k and 1 employee. The company is classified under “production of electricity” and is based in Newport; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Newport, Wales
- Age
- 17 yrs · since 2009
- 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
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £17.8k | £7k | £0 |
| Operating profit | — | £680k | −£10.2k |
| Profit before tax | £308k | £680k | −£6.8k |
| Profit after tax | £308k | £595k | −£6.4k |
| Profit (best available) | £308k | £595k | −£6.4k |
| Employees (average) | 1 | 1 | 1 |
| Ratios | |||
| Profit margin | 1728% | 8496% | — |
| Revenue per employee | £17.8k | £7k | £0 |
| Profit per employee | £308k | £595k | −£6.4k |
| Growth (year on year) | |||
| Revenue growth | — | ▼60.8% | ▼100% |
| Profit growth | — | ▲92.8% | ▼101.1% |
| Headcount growth | — | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £345k | £751k | £544k |
| Net assets | −£124k | £470k | £464k |
| Fixed assets | £84.1k | £82.1k | £27.7k |
| Current assets | £375k | £752k | £729k |
| Debtors | £27.6k | £0 | £6k |
| Deferred income | £4.3k | £23.2k | £6.3k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data May 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £0
- Revenue ÷ average employees.
- Profit per employee
- −£6.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
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
- ▼1%
- Now £464k
- Cash at bank
- ▼28%
- Now £544k
- Headcount
- 0%
- Now 1
- Deferred income
- ▼73%
- Now £6.3k
- Fixed assets
- ▼66%
- Now £27.7k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Morgans of Usk Group Limitedultimate parent75–100%
- Morgan (Power Generation) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Morgans of Usk LimitedRev. £54.5m · Profit £8.6m
- Alice Springs Lodge 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 31 May 2024 (profit −£6.4k), from the Companies House accounts bulk data published May 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.