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Modern Property Development Limited

05027493

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

25 CHILTERN ROAD, HITCHIN, SG4 9PJ
Incorporated 27/01/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mrs Sally Marianne Reeve

secretary · Since 27/01/2004

BRITISH · ENGLAND · Age 55

Also on 7 other boards

Mr Matthew Charles Reeve

director · Since 27/01/2004

DIRECTOR

ENGLISH · ENGLAND · Age 53

Also on 7 other boards

Persons with Significant Control

Mr Matthew Charles Reeve

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

English · England · Age 53

25, Chiltern Road, Hitchin, SG4 9PJ

Notified 06/04/2016

Mrs Sally Marianne Reeve

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

British · England · Age 55

25, Chiltern Road, Hitchin, SG4 9PJ

Notified 26/01/2025

Charges4 outstanding

charge
outstanding

HSBC BANK PLC

Created 31/10/2012Registered 03/11/2012
charge
outstanding

HSBC BANK PLC

Created 13/02/2007Registered 23/02/2007
charge
outstanding

HSBC BANK PLC

Created 08/04/2004Registered 14/04/2004
charge
outstanding

HSBC BANK PLC

Created 01/04/2004Registered 08/04/2004

CompanyRankvs 67289+ SIC 68209 peers
49

Financial strength94th percentile among SIC peers · 24/25
Employees18th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.04× · 2/20
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 strength24/25 pts

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

Employees3/15 pts

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

Liquidity2/20 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 31/05/2025

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

0avg. employees

Tax at Year End

Corp tax£17k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04+£0
20250.04+£39k
20240.08+£71k
20230.08+£25k
20220.11+£33k
20210.08+£65k
20200.91+£41k
20190.11

Derived from filed accounts. Not audited figures.