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Modec Fine Arts Limited

01428711

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

LEONARD CURTIS HOUSE, ELMS SQUARE BURY NEW ROAD, GREATER MANCHESTER, M45 7TA
Incorporated 13/06/1979

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

16290
Manufacture of other products of wood; manufacture of articles of cork, straw and plaiting materials

Officers

Andrew Martin Wynn

secretary · Since 19/08/2009

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Andrew Martin Wynn

director · Since 19/08/2009

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 67

Also on 3 other boards

Lesley Joanne Elliott

director · Since 06/04/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 1 other board

Persons with Significant Control

Lesley Joanne Elliott

Significant control

British · England · Age 58

29 Whiteoak View, Bolton, BL3 1ST

Notified 22/11/2018

Former PSCs

Andrew Martin Wynn

Ceased 06/04/2016

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 25/08/1989Registered 07/09/1989
charge
outstanding

BARCLAYS BANK PLC

Created 25/08/1989Registered 07/09/1989
charge
satisfied

YORKSHIRE BANK PLC

Created 31/08/1988Registered 24/09/1988Satisfied 23/04/1994

CompanyRankvs 15+ SIC 16290 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.74× · 6/20
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 strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 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 31/03/2021

Net Worth

-£212k

Balance sheet strength

Cash

£73

Cash in the bank

Net Current Assets

-£15k

Working capital

Current Assets

£44k

Current Liabilities

£59k

Fixed Assets

£11k

Debtors

£41k

4avg. employees

Balance Sheet

Intangible assets£2k
Assets less current liabilities-£4k
Prepared with Sage Accounts Production Advanced 2020 - FRS102_2019

EstimatesDerived

YearCurrent RatioImplied Profit
20210.74+£25k
20200.45-£17k
20190.54—

Derived from filed accounts. Not audited figures.