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Modernistiks Ltd

07889339

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 31 22 CHURCH ROAD, BRISTOL, BS5 9JA
Incorporated 21/12/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Andrew James Higgins

director · Since 21/12/2011

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Andrew James Higgins

75–100% shares

British · United Kingdom · Age 44

Unit 16a, Merton Road, Bristol, BS7 8TL

Notified 06/04/2016

CompanyRankvs 3077+ SIC 47910 peers
79

Financial strength89th percentile among SIC peers · 22/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 3.94× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees8/15 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.

Longevity14/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£28k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£36k

Current Liabilities

£9k

Fixed Assets

£563

1avg. employees

Balance Sheet

Assets less current liabilities£28k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.94+£6k
20234.77-£6k
20225.87+£3k
20215.73+£6k
20202.40-£16k
20195.78-£398
20185.36

Derived from filed accounts. Not audited figures.