Modern Property Development Limited
05027493
Some Concerns
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 27/01/2004
BRITISH · ENGLAND · Age 55
Also on 7 other boards
director · Since 27/01/2004
DIRECTOR
ENGLISH · ENGLAND · Age 53
Also on 7 other boards
Persons with Significant Control
Mr Matthew Charles Reeve
English · England · Age 53
25, Chiltern Road, Hitchin, SG4 9PJ
Notified 06/04/2016
Mrs Sally Marianne Reeve
British · England · Age 55
25, Chiltern Road, Hitchin, SG4 9PJ
Notified 26/01/2025
Charges4 outstanding
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CompanyRankvs 67289+ SIC 68209 peers49
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/05/2025
Net Worth
£1.2M
Balance sheet strength
Cash
£2k
Cash in the bank
Net Current Assets
-£404k
Working capital
Current Assets
£17k
Current Liabilities
£421k
Fixed Assets
£1.7M
Debtors
£15k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.04 | +£0 |
| 2025 | 0.04 | +£39k |
| 2024 | 0.08 | +£71k |
| 2023 | 0.08 | +£25k |
| 2022 | 0.11 | +£33k |
| 2021 | 0.08 | +£65k |
| 2020 | 0.91 | +£41k |
| 2019 | 0.11 | — |
Derived from filed accounts. Not audited figures.