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P. Mcgaffigan & Sons Limited

02055088

active
Private Limited Company
england wales
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

99 MAIN ROAD, CARNFORTH, LA5 8EQ
Incorporated 15/09/1986

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 05/04/2026

Due 19/04/2027

On track

Industry

25990
Manufacture of other fabricated metal products
45400
Sale, maintenance and repair of motorcycles and related parts and accessories
47520
Retail sale of hardware, paints and glass in specialised stores
47789
Other retail sale of new goods in specialised stores

Officers

Mr Paul Grahame Modley

director · Since 05/04/1991

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 63

Also on 1 other board

Mr Paul Grahame Modley

secretary · Since 13/11/2023

Also on 1 other board

Mr Harry Modley

director · Since 14/01/2026

BRITISH · UNITED KINGDOM · Age 30

Persons with Significant Control

Sheila Mary Modley

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 87

333 Marine Road Central,, Morecambe,, LA4 5AB

Notified 06/04/2016

Mr Paul Grahame Modley

25–50% shares
25–50% votes
Appoint directors

English · United Kingdom · Age 63

34 Main Road, Bolton Le Sands, Carnforth, LA5 8EQ

Notified 06/04/2016

Charges2 outstanding

Charge
satisfied

BLACKROCK SECURED FINANCE LIMITED

Created 11/03/2019Registered 11/03/2019Satisfied 21/07/2021
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 03/11/2005Registered 11/11/2005
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 07/10/2003Registered 11/10/2003
charge
satisfied

BARCLAYS BANK PLC

Created 21/07/1993Registered 29/07/1993Satisfied 29/10/2003
charge
satisfied

JOHN MCGAFFIGAN

Created 13/02/1987Registered 25/02/1987Satisfied 29/10/2003

CompanyRankvs 4016+ SIC 25990 peers
46

Financial strength36th percentile among SIC peers · 9/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.75× · 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 strength9/25 pts

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

Employees11/15 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 30/09/2024

Net Worth

£5k

Balance sheet strength

Cash

£957

Cash in the bank

Net Current Assets

-£155k

Working capital

Current Assets

£456k

Current Liabilities

£611k

Fixed Assets

£380k

Debtors

£14k

8avg. employees-1

Balance Sheet

Assets less current liabilities£224k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20240.75+£43k
20230.71-£50k
20220.78+£9k
20210.77-£2k
20200.77-£54k
20190.83+£8k
20180.83

Derived from filed accounts. Not audited figures.