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Modtec Limited

02851868

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

167 TURNERS HILL, WALTHAM CROSS, EN8 9BH
Incorporated 09/09/1993

Compliance

Last accounts

31/03/2026

unaudited abridged

Next accounts due

31/12/2027

On track

Confirmation statement

Last: 09/09/2026

Due 23/09/2027

On track

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mrs Jane Nordigian

secretary · Since 09/09/1993

BRITISH · UNITED KINGDOM · Age 65

Also on 4 other boards

Mr Hovagim Nordigian

director · Since 09/09/1993

DIRECTOR

BRITISH · UNITED KINGDOM · Age 69

Also on 2 other boards

Persons with Significant Control

Mr Hovagim Nordigian

50–75% shares

British · United Kingdom · Age 69

167, Turners Hill, Waltham Cross, EN8 9BH

Notified 06/04/2016

Mrs Jane Nordigian

25–50% shares

British · United Kingdom · Age 65

167, Turners Hill, Waltham Cross, EN8 9BH

Notified 06/04/2016

CompanyRankvs 4191+ SIC 77390 peers
40

Financial strength17th percentile among SIC peers · 4/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.8× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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4191Modtec Limited
36
How is this score calculated?
Financial strength4/25 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.

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

Key FinancialsYear ending 31/03/2026

Net Worth

-£23

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£3k

Working capital

Current Assets

£10k

Current Liabilities

£13k

Fixed Assets

£3k

Debtors

£5k

Balance Sheet

Assets less current liabilities-£23
Signed by Mr H Nordigian 10/08/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20260.80—
20251.33-£9k
20241.72—
20231.55—

Derived from filed accounts. Not audited figures.