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Modern Masters Limited

08572952

active
Private Limited Company
england wales
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

38 BURY STREET, LONDON, SW1Y 6BB
Incorporated 17/06/2013

Compliance

Last accounts

31/10/2024

small

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 17/06/2025

Due 01/07/2026

On track

Industry

47781
Retail sale in commercial art galleries

Officers

Mr Nigel Paul Hudson

secretary · Since 25/09/2013

Mr Philip Harry Ashley

director · Since 25/09/2013

BANKING CONSULTANT

BRITISH · ENGLAND · Age 74

Also on 4 other boards

The Hon James Holland-Hibbert

director · Since 25/09/2013

ART DEALER

BRITISH · UNITED KINGDOM · Age 59

Also on 3 other boards

Mr John Edward Morton Morris

director · Since 27/06/2016

ART DEALER

BRITISH · ENGLAND · Age 75

Also on 5 other boards

Persons with Significant Control

Mr Philip Harry Ashley

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

British · England · Age 74

38, Bury Street, London, SW1Y 6BB

Notified 15/02/2018

Mr William Dixon Leefe

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

British · England · Age 72

38, Bury Street, London, SW1Y 6BB

Notified 15/02/2018

Mr Andrew Lang Sutch

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust

British · England · Age 73

38, Bury Street, London, SW1Y 6BB

Notified 15/02/2018

Charges3 outstanding

Charge
outstanding

SANTANDER UK PLC

Created 22/12/2022Registered 05/01/2023
Charge
outstanding

SANTANDER UK PLC

Created 31/07/2020Registered 05/08/2020
Charge
outstanding

SANTANDER UK PLC

Created 31/07/2020Registered 03/08/2020
Charge
satisfied

BANK OF SCOTLAND PLC

Created 14/08/2019Registered 20/08/2019Satisfied 12/01/2022
Charge
satisfied

BANK OF SCOTLAND PLC

Created 03/02/2017Registered 03/02/2017Satisfied 11/11/2019
Charge
satisfied

BANK OF SCOTLAND PLC

Created 26/04/2016Registered 28/04/2016Satisfied 15/01/2019
Charge
satisfied

BANK OF SCOTLAND PLC

Created 21/10/2015Registered 23/10/2015Satisfied 15/01/2019
Charge
satisfied

BANK OF SCOTLAND PLC

Created 23/07/2014Registered 30/07/2014Satisfied 15/01/2019
Charge
satisfied

BANK OF SCOTLAND PLC

Created 05/12/2013Registered 10/12/2013Satisfied 12/01/2022
Charge
satisfied

BANK OF SCOTLAND PLC

Created 05/12/2013Registered 10/12/2013Satisfied 12/01/2022
Charge
satisfied

BANK OF SCOTLAND PLC

Created 05/12/2013Registered 10/12/2013Satisfied 12/01/2022

CompanyRankvs 215+ SIC 47781 peers
65

Financial strength100th percentile among SIC peers · 25/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 7.14× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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215Modern Masters Limited
74
How is this score calculated?
Financial strength25/25 pts

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

Employees2/15 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.

Longevity13/15 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 31/10/2024

Net Worth

£39.5M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Net Current Assets

£61.0M

Working capital

Current Assets

£70.9M

Current Liabilities

£9.9M

Debtors

£9.8M

0avg. employees-2022

Tax at Year End

Corp tax£0

Balance Sheet

Bank loans & overdrafts£21.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20247.14+£1.5M
20237.13+£1.3M
202215.72+£1.5M
202123.00+£2.4M
201911.67—

Derived from filed accounts. Not audited figures.