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Modernistiq Harrogate Ltd

11696109

active
Private Limited Company
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)
  • Negative net worth (-10)

Details

AVENUE HQ, LEEDS, LS1 2BH
Incorporated 26/11/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Jose Carlos Diaz-Sanchez

director · Since 16/01/2023

DIRECTOR

SPANISH · ENGLAND · Age 60

Persons with Significant Control

Modernistiq Group Ltd

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

Avenue Hq, 10 -12 East Parade, Leeds, LS1 2BH

Reg: 11644272 · England And Wales · Limited Company

Notified 01/11/2021

Former PSCs

Wright Family Enterprises Ltd

Ceased 06/06/2019

Mr Steven Wright

Ceased 01/11/2021

Charges0 outstanding

Charge
satisfied

UNITED TRUST BANK LIMITED

Created 12/03/2021Registered 17/03/2021Satisfied 10/06/2024
Charge
satisfied

UNITED TRUST BANK LIMITED

Created 12/03/2021Registered 17/03/2021Satisfied 10/06/2024

CompanyRankvs 79843+ SIC 41100 peers
27

Financial strength1th percentile among SIC peers · 0/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Liquidity2/20 pts

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

Longevity8/15 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 31/10/2023

Net Worth

-£2.6M

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£2.6M

Working capital

Current Assets

£632k

Current Liabilities

£3.2M

Debtors

£24k

Profit After Tax

-£649k

0avg. employees

Balance Sheet

Assets less current liabilities-£2.6M
Prepared with Sage Accounts Production 23.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20230.20-£1.7M
20220.86-£649k
20210.91-£269k
20200.92

Derived from filed accounts. Not audited figures.