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Modern Props Limited

05822576

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

PROP HOUSE, PARK ROYAL, NW10 7BX
Incorporated 19/05/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Girdhar Devidas Mulchandani

director · Since 19/05/2006

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 68

Also on 9 other boards

Mr Murlidhar Devidas Mulchandani

director · Since 24/07/2006

CO DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 5 other boards

Persons with Significant Control

Mr Girdhar Devidas Mulchandani

50–75% shares
50–75% votes
Appoint directors

British · United Kingdom · Age 68

Prop House, Abbey Road, Park Royal, NW10 7BX

Notified 06/04/2016

Mr Murlidhar Devidas Mulchandani

25–50% shares
25–50% votes

British · England · Age 57

Prop House, Abbey Road, Park Royal, NW10 7BX

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 02/11/2021Registered 10/11/2021

CompanyRankvs 989+ SIC 82990 peers
79

Financial strength97th percentile among SIC peers · 24/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.62× · 20/20
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.

Employees15/15 pts

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

Liquidity20/20 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

£1.4M

Balance sheet strength

Cash

£446k

Cash in the bank

Net Current Assets

£302k

Working capital

Current Assets

£490k

Current Liabilities

£187k

Fixed Assets

£1.4M

Debtors

£44k

38avg. employees+2

Tax at Year End(2021)

Corp tax£9k

Balance Sheet

Assets less current liabilities£1.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.62-£109k
20242.29+£139k
20232.13+£45k
20222.13-£79k
20212.35+£75k
20201.42+£107k
20191.84

Derived from filed accounts. Not audited figures.