Fulcrums

Morris Care Limited

Real estate / care homes · £33.4M turnover · Liquidation, December 2024 · Companies House #01898554

£33.4M turnover care-homes group. The Fulcrums distress model crossed the HIGH band 17 months before liquidation, peaking at a distress score of 0.081. Multiple director resignations and adverse filing patterns built up over the same window.

Signals detected

The pattern, in order.

  1. 1

    4 director resignations between 23 and 18 months before failure

  2. 2

    New charge to Impact Property 6 Limited 23 months before failure

  3. 3

    New charge to Barclays Bank PLC 23 months before failure

  4. 4

    Accounts filed 1 day late, 9 months before failure

  5. 5

    Registered office changed 23 months before failure

  6. 6

    Net assets reached £26.3M at the lowest point in the window

  7. 7

    Distress score crossed into HIGH band 541 days before failure (peak 0.081)