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Modrec International Limited

02096753

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

246 PARK VIEW, WHITLEY BAY, NE26 3QX
Incorporated 05/02/1987

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 30/06/2025

Due 14/07/2026

On track

Industry

46900
Non-specialised wholesale trade

Officers

Mr Sydney Snowball

director · Since 30/06/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 83

Also on 10 other boards

Gwenyth Lillian Snowball

director · Since 15/01/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 83

Also on 3 other boards

Mr John Anthony Harris Lightfoot

director · Since 17/01/2018

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 1 other board

Lisa Douglas

director · Since 09/05/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 58

Also on 2 other boards

Timothy Alfred Douglas

director · Since 01/09/2025

BRITISH · UNITED KINGDOM · Age 60

Persons with Significant Control

Modrec Holdings Ltd

75–100% shares
75–100% votes

246 Park View, Whitley Bay, NE26 3QX

Reg: 06310475 · England And Wales · Private Limited Company

Notified 30/06/2016

Former PSCs

Sydney Snowball

Ceased 01/07/2023

Gwenyth Lillian Snowball

Ceased 01/07/2023

Mr John Anthony Harris Lightfoot

Ceased 01/07/2023

Lisa Douglas

Ceased 01/07/2023

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 05/07/2011Registered 13/07/2011Satisfied 29/01/2023
charge
satisfied

BARCLAYS BANK PLC

Created 03/04/2007Registered 11/04/2007Satisfied 29/01/2023
charge
satisfied

YORKSHIRE BANK PLC

Created 27/06/2000Registered 05/07/2000Satisfied 04/05/2007
charge
satisfied

STENHAM PLC

Created 09/03/1995Registered 16/03/1995Satisfied 03/02/2007
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/03/1995Registered 15/03/1995Satisfied 15/08/2000

CompanyRankvs 1947+ SIC 46900 peers
80

Financial strength94th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.46× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

£1.3M

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£945k

Working capital

Current Assets

£3.0M

Current Liabilities

£2.0M

Fixed Assets

£402k

Debtors

£1.4M

Profit After Tax

£118k

15avg. employees+3

Tax at Year End

Corp tax£50k

Balance Sheet

Intangible assets£216k
Assets less current liabilities£1.3M
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20241.46+£67k
20231.45+£118k
20221.42+£98k
20211.32-£45k
20201.43-£250k
20191.54+£10k
20181.58+£58k
20171.57

Derived from filed accounts. Not audited figures.