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Modern Networks Services Limited

06760934

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT E2 18 KNOWL PIECE, WILBURY MEADOWS, HITCHIN, SG4 0TY
Incorporated 28/11/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Duncan Charles Gooding

director · Since 13/11/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 8 other boards

Mr James Robert Sumner

director · Since 28/03/2025

CHAIRMAN

BRITISH · UNITED KINGDOM · Age 60

Also on 8 other boards

Mr Gordon Brandon Douglas Hennessy

director · Since 28/10/2025

BRITISH · UNITED KINGDOM · Age 54

Also on 9 other boards

Persons with Significant Control

Westgate Bidco Limited

75–100% shares
75–100% votes
Appoint directors

Unit E2 18 Knowl Piece, Wilbury Way, Hitchin, SG4 0TY

Reg: 13127403 · Registrar Of Companies For England And Wales · Private Company Limited By Shares

Notified 01/04/2021

Former PSCs

Mr Matthew Charles Reeve

Ceased 01/04/2021

Masa Capital Limited

Ceased 01/02/2017

Mrs Sally Marianne Reeve

Ceased 01/04/2021

Charges3 outstanding

Charge
outstanding

ELM CORPORATE CREDIT DESIGNATED ACTIVITY COMPANY AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 29/07/2025Registered 30/07/2025
Charge
outstanding

ELM CORPORATE CREDIT DESIGNATED ACTIVITY COMPANY AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 08/12/2023Registered 11/12/2023
Charge
outstanding

ELM CORPORATE CREDIT DESIGNATED ACTIVITY COMPANY AS SECURITY TRUSTEE FOR THE SECURED PARTIES

Created 01/04/2021Registered 27/04/2021
Charge
satisfied

HORIZON CAPITAL LLP

Created 01/04/2021Registered 16/04/2021Satisfied 02/04/2025

CompanyRankvs 3132+ SIC 62090 peers
71

Financial strength73th percentile among SIC peers · 18/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 33.14× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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3132Modern Networks Services Limited
81
How is this score calculated?
Financial strength18/25 pts

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

Employees13/15 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 31/03/2021

Net Worth

£21k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£21k

Working capital

Current Assets

£22k

Current Liabilities

£650

Debtors

£5k

3avg. employees

Tax at Year End(2020)

Corp tax£5k

Balance Sheet

Assets less current liabilities£21k
Prepared with Caseware UK (AP4) 2020.0.247

EstimatesDerived

YearCurrent RatioImplied Profit
202133.14-£653
202031.77-£592
20194.52—

Derived from filed accounts. Not audited figures.