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Mayfords (Residential) Limited

07931137

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

FIRST FLOOR RADIUS HOUSE, WATFORD, WD17 1HP
Incorporated 01/02/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41202
Construction of domestic buildings

Officers

Mr Peter Modrekelidze

director · Since 01/02/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Persons with Significant Control

Jacqueline Modrekelidze

25–50% shares
25–50% votes

British · United Kingdom · Age 60

First Floor, Radius House, Watford, WD17 1HP

Notified 06/04/2016

Mr Peter Modrekelidze

25–50% shares
25–50% votes

British · United Kingdom · Age 57

First Floor, Radius House, Watford, WD17 1HP

Notified 06/04/2016

CompanyRankvs 48626+ SIC 41202 peers
27

Financial strength7th percentile among SIC peers · 2/25
Employees32th percentile among SIC peers · 5/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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48626Mayfords (Residential) Limited
36
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.

Employees5/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

..................... P Modrekelidze Director Date: 1 December 2025 Page 2 MAYFORDS (RESIDENTIAL) LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. Accounting policies 1.1 Going concern The directors have reviewed the company’s financial position and its ability to continue as a going concern. In the director's assessment the company has sufficient resources to continue

Key FinancialsYear ending 31/03/2025

Net Worth

-£27k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£27k

Working capital

Current Assets

—

Current Liabilities

£27k

1avg. employees

Balance Sheet

Assets less current liabilities-£27k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
2025—-£1k
20240.00-£6k
20230.00—

Derived from filed accounts. Not audited figures.