Modgate Limited
01355811
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/06/2009
DIRECTOR
BRITISH · UNITED KINGDOM · Age 47
Also on 1 other board
director · Since 01/10/2009
FINANCIAL DIRECTOR
BRITISH · UNITED KINGDOM · Age 52
Also on 3 other boards
Persons with Significant Control
Edward Rhys Garnett
British · England · Age 47
Parkside Road, Cumbria, LA9 7DU
Notified 01/07/2016
Modgate Holdings Limited
Parkside Road, Kendal, LA9 7DU
Reg: 12453578 · England And Wales · Limited
Notified 31/03/2020
Former PSCs
Anthony Brian Garnett
Ceased 31/03/2020
Mrs Jennifer Garnett
Ceased 20/10/2016
Joanna Clare Whiteley
Ceased 31/03/2020
Charges1 outstanding
BARCLAYS BANK PLC
DEBENTURE
BARCLAYS BANK PLC
CompanyRankvs 59+ SIC 46740 peers68
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d
Key FinancialsYear ending 31/12/2025
Net Worth
£2.9M
Balance sheet strength
Cash
£240k
Cash in the bank
Profit Before Tax
£1.2M
Bottom line earnings
Net Current Assets
£2.9M
Working capital
Current Assets
£5.6M
Current Liabilities
£2.7M
Fixed Assets
£60k
Debtors
£3.9M
Cost of Sales
£14.2M
Admin Expenses
£2.7M
Profit After Tax
£894k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.08 | -£200 |
| 2024 | 2.28 | +£296k |
| 2023 | 2.08 | — |
Derived from filed accounts. Not audited figures.