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Modernization Ltd

09860199

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

15 RIPLEY ROAD, BRISTOL, BS5 7RB
Incorporated 06/11/2015

Compliance

Last accounts

30/11/2024

micro entity

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 04/12/2025

Due 18/12/2026

On track

Industry

43290
Other construction installation
43320
Joinery installation
43330
Floor and wall covering
43910
Roofing activities

Officers

Mrs Irina Zozuk

director · Since 06/11/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Persons with Significant Control

Mrs Irina Zozuk

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 39

15, Ripley Road, Bristol, BS5 7RB

Notified 06/04/2016

CompanyRankvs 3996+ SIC 43290 peers
76

Financial strength78th percentile among SIC peers · 20/25
Employees94th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.51× · 16/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

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

Employees14/15 pts

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

Liquidity16/20 pts

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

Longevity11/15 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 30/11/2024

Net Worth

£44k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£140k

Current Liabilities

£93k

Fixed Assets

£7k

8avg. employees+1

Balance Sheet

Assets less current liabilities£55k
Signed by 09860199 2023-12-01 2024-11-30 09860199 2024-11-30 09860199 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20241.51-£5k
20231.88+£47k
20221.82-£13k
20212.76+£10k
20201.86-£8k
20191.21-£1k
20181.34

Derived from filed accounts. Not audited figures.