Morgans Of Usk Limited
Active02137982ManufacturingIncorporated 5 Jun 1987 · Newport
the design, manufacture and erection of steel framed structures.
Revenue
£54.5m
▲ +42.0% vs prior ~12m period
Profit after tax
£8.6m
Margin 19.6%
Employees
129
▲ +4.0% vs prior ~12m period
Net assets
£21.0m
Total assets £34.1m
Financial history
Revenue by accounting period
7 periods available · ▲ growth ▼ decline
May 2019Not available
May 2020
£27.0m
May 2021
£29.4m▲ +8.9%
May 2022
£38.2m▲ +29.6%
May 2023
£46.6m▲ +22.1%
May 2024
£38.4m▼ -17.6%
May 2025
£54.5m▲ +42.0%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 May 2025 | £54.5m | ▲ +42.0% | £11.5m | 129 | £21.0m |
| 31 May 2024 | £38.4m | ▼ -17.6% | £1.8m | 124 | £13.0m |
| 31 May 2023 | £46.6m | ▲ +22.1% | £6.3m | 120 | £12.7m |
| 31 May 2022 | £38.2m | ▲ +29.6% | £4.0m | 131 | £9.6m |
| 31 May 2021 | £29.4m | ▲ +8.9% | £3.3m | 112 | £8.3m |
| 31 May 2020 | £27.0m | — | £3.0m | 115 | £7.5m |
| 31 May 2019 | — | — | — | — | £7.1m |
Latest available figures
Period ending 31 May 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £54.5m
- Gross profit
- £17.7m
- Operating profit
- £10.7m
- Profit before tax
- £11.5m
- Profit after tax
- £8.6m
Balance sheet
- Total assets
- £34.1m
- Cash
- £18.7m
- Total liabilities
- £13.2m
- Net assets
- £21.0m
- Revenue per employee
- £423k
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