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Modern Aids Limited

00598470

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

91-93 LONDON ROAD, SK7 4AX
Incorporated 06/02/1958

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47540
Retail sale of electrical household appliances in specialised stores

Officers

Mr Simon Paul Williams

director · Since 29/09/2006

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Yvonne Claire Williams

secretary · Since 01/10/2007

SECRETARY

BRITISH · Age 55

Persons with Significant Control

Mr Simon Paul Williams

50–75% shares

British · England · Age 55

91-93 London Road, SK7 4AX

Notified 30/06/2016

Mrs Yvonne Claire Williams

25–50% shares

British · England · Age 58

91-93 London Road, Hazel Grove, Stockport, SK7 4AX

Notified 06/04/2020

Charges1 outstanding

charge
outstanding

DISTRICT BANK LTD

Created 31/10/1958Registered 11/11/1958

CompanyRankvs 445+ SIC 47540 peers
63

Financial strength74th percentile among SIC peers · 19/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.22× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees12/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£55k

Balance sheet strength

Cash

£74k

Cash in the bank

Net Current Assets

£24k

Working capital

Current Assets

£132k

Current Liabilities

£108k

Fixed Assets

£38k

Debtors

£19k

5avg. employees

Balance Sheet

Assets less current liabilities£62k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.22-£4k
20241.25-£10k
20231.29-£10k
20221.48+£7k
20211.40+£25k
20201.30+£3k
20191.49

Derived from filed accounts. Not audited figures.