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Modern Apartments Ltd

05066616

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

PHOENIX STUDIOS C/O MK ACCOUNTANTS LTD, LEICESTER, LE1 3HU
Incorporated 08/03/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Darpan Patel

secretary · Since 02/04/2004

DIRECTOR

BRITISH · UNITED KINGDOM · Age 51

Mr Dipesh Raj Patel

director · Since 05/05/2026

BRITISH · ENGLAND · Age 22

Also on 1 other board

Persons with Significant Control

Mr Dipesh Raj Patel

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

British · England · Age 22

Regency Court, 120/128 Hinckley Road, Leicester, LE3 0TR

Notified 28/02/2023

Former PSCs

Mr Darpan Patel

Ceased 05/05/2026

Mr Shaun Mcdonnell

Ceased 26/03/2026

Charges2 outstanding

charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 23/12/2004Registered 06/01/2005Satisfied 11/08/2017
charge
outstanding

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 23/12/2004Registered 06/01/2005
charge
outstanding

EMRICLANDS (INVESTMENTS) LIMITED

Created 27/09/2004Registered 06/10/2004

CompanyRankvs 54644+ SIC 41100 peers
29

Financial strength7th percentile among SIC peers · 2/25
Employees46th percentile among SIC peers · 7/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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54644Modern Apartments Ltd
39
How is this score calculated?
Financial strength2/25 pts

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

Employees7/15 pts

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

Liquidity0/20 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 31/03/2025

Net Worth

-£73k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£73k

Working capital

Current Assets

—

Current Liabilities

£73k

1avg. employees

Balance Sheet

Assets less current liabilities-£73k
Prepared with VT Final Accounts

EstimatesDerived

YearImplied Profit
2025+£8k
2024+£2k
2023+£2k
2022+£2k
2021+£2k
2020+£2k

Derived from filed accounts. Not audited figures.