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Modernarc Ltd.

04036990

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

18 GLASSHOUSE STUDIOS, FORDINGBRIDGE, SP6 1QX
Incorporated 19/07/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43320
Joinery installation

Officers

Patrick Heffernan

secretary · Since 01/05/2001

BUILDER

BRITISH

Andrew Charles Wong

director · Since 01/05/2001

ARCHITECT

BRITISH · ENGLAND · Age 59

Mr Patrick Joseph Heffernan

director · Since 01/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Persons with Significant Control

Andrew Charles Wong

25–50% shares
25–50% votes

British · England · Age 59

18 Glasshouse Studios, Fryern Court Road, Fordingbridge, SP6 1QX

Notified 31/10/2016

Mr Patrick Joseph Heffernan

25–50% shares
25–50% votes

British · United Kingdom · Age 64

18 Glasshouse Studios, Fryern Court Road, Fordingbridge, SP6 1X

Notified 31/10/2016

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 01/12/2008Registered 04/12/2008

CompanyRankvs 2347+ SIC 43320 peers
65

Financial strength85th percentile among SIC peers · 21/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.66× · 16/20
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 strength21/25 pts

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

Employees8/15 pts

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

Liquidity16/20 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 31/12/2024

Net Worth

£75k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£89k

Working capital

Current Assets

£225k

Current Liabilities

£136k

Fixed Assets

£2k

2avg. employees

Balance Sheet

Assets less current liabilities£92k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.66+£102k
20230.95+£22k
20210.80+£21k
20200.64
20190.61
20182.08
20164.94

Derived from filed accounts. Not audited figures.