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A Modern Way Limited

08912166

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

THE OLD WORKSHOP, SHEFFIELD, S11 9PA
Incorporated 26/02/2014

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 26/02/2026

Due 12/03/2027

On track

Industry

59200
Sound recording and music publishing activities
90020
Support activities to performing arts

Officers

Mr Bruce Lee Craigie

director · Since 26/02/2014

MUSIC CONSULTANT

BRITISH · SCOTLAND · Age 64

Also on 3 other boards

Mr Michael James Lambert

director · Since 26/02/2014

ARTIST MANAGER

SCOTTISH · SCOTLAND · Age 38

Also on 2 other boards

Persons with Significant Control

Mr Bruce Lee Craigie

25–50% shares

British · Scotland · Age 64

The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA

Notified 30/06/2016

Mr Michael James Lambert

25–50% shares

Scottish · Scotland · Age 38

The Old Workshop, 1 Ecclesall Road South, Sheffield, S11 9PA

Notified 30/06/2016

CompanyRankvs 10083+ SIC 59200 peers
40

Financial strength14th percentile among SIC peers · 4/25
Employees19th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.68× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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10083A Modern Way Limited
36
How is this score calculated?
Financial strength4/25 pts

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

Employees3/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 28/02/2025

Net Worth

-£5k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£5k

Working capital

Current Assets

£11k

Current Liabilities

£17k

0avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.68-£2k
20240.77-£7k
20231.25-£1k
20221.52-£225
20211.16+£8k
20200.64+£611
20190.63—

Derived from filed accounts. Not audited figures.