MORRISON WELDING INSPECTION LIMITED
Company number SC253633 · Monitor this company
Executive summary
Morrison Welding Inspection Limited presents a deeply concerning financial profile characterised by a decade of continuous equity erosion, culminating in technical insolvency with negative shareholders' funds of £72,381 as at August 2024. Operating as a zero-employee micro-business in the fragmented Aberdeenshire fabrication and inspection market, the company has failed to maintain competitive positioning against sector headwinds including North Sea energy transition, input cost inflation, and overcapacity. Continued trading appears entirely dependent on director funding through the £178,198 other creditors balance, and without material contract wins or capital restructuring, the business faces significant going concern risk despite maintaining cash reserves of £42,333.
Shareholders' funds
-£80,870
Balance sheet as at 2025-08-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2003-08-01
- Employees
- 0 (2025 accounts)
- Registered office
- Old Hall Forest Croft, The Hill, Kintore, Aberdeenshire, AB51 0YX
- Postcode
- AB51 0YX
- Capital
- 1 GBP
- Accounts category
- Total Exemption Full
Accounts
- Last made up to
- 2025-08-31
- Next due by
- 2027-05-31
- Financial year end
- 31 August
Confirmation statement
- Last statement dated
- 2025-10-19
- Next due by
- 2026-11-02
Nature of business (SIC)
- 25110 Manufacture of metal structures and parts of structures
- 25990 Manufacture of other fabricated metal products not elsewhere classified
Officers 2 current · 1 resigned
Competitors Aberdeen
This company ranks 37 among manufacture of metal structures and parts of structures in Aberdeen.
The class of 2003
43%
of the 362 companies in this sector incorporated in 2003 are still active today; 52% have since been dissolved.
A fact about the year, not a forecast for this company.