Back to search

Modern Solutions Ltd

09337473

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

30 FERNDALE GARDENS, MANCHESTER, M19 1AW
Incorporated 02/12/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
68209
Other letting and operating of own or leased real estate
68320
Management of real estate on a fee or contract basis

Officers

Mr Mohanned Mazin Fawzi Naoom

director · Since 02/12/2014

INFORMATION TECHNOLOGY ANALYST

BRITISH · ENGLAND · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Mohanned Mazin Fawzi Naoom

75–100% shares
75–100% votes

British · England · Age 40

30, Ferndale Gardens, Manchester, M19 1AW

Notified 01/06/2016

Charges4 outstanding

Charge
outstanding

THE MORTGAGE LENDER LIMITED

Created 03/12/2025Registered 08/12/2025
Charge
outstanding

PARATUS AMC LIMITED

Created 10/11/2023Registered 10/11/2023
Charge
outstanding

PARATUS AMC LIMITED

Created 22/02/2022Registered 03/03/2022
Charge
outstanding

LENDINVEST BTL LIMITED

Created 21/05/2021Registered 21/05/2021

CompanyRankvs 4514+ SIC 68100 peers
71

Financial strength86th percentile among SIC peers · 22/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.33× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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.

Employees12/15 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.

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.

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 31/12/2024

Net Worth

£142k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£93k

Working capital

Current Assets

£132k

Current Liabilities

£40k

Fixed Assets

£603k

2avg. employees+1

Tax at Year End(2023)

Corp tax£12k

Director Loans(2023)

Company owes directors£143k

Balance Sheet

Assets less current liabilities£696k
Signed by Mr Mohanned Naoom 18/08/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.33+£29k
20238.16+£87k
20214.96+£13k
20205.70+£26
20191.65+£1k
20181.45

Derived from filed accounts. Not audited figures.