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Modify Hair Lounge Ltd

11925931

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

31 ST. NICHOLAS STREET, IPSWICH, IP1 1TW
Incorporated 04/04/2019

Compliance

Last accounts

31/03/2026

total exemption full

Next accounts due

31/12/2027

On track

Confirmation statement

Last: 31/03/2026

Due 14/04/2027

On track

Industry

96020
Hairdressing and other beauty treatment

Officers

Ms Donna Marie Cutting

director · Since 04/04/2019

HAIR STYLIST

ENGLISH · ENGLAND · Age 60

Mr James Bradley Hayter

director · Since 04/04/2019

HAIR STYLIST

ENGLISH · ENGLAND · Age 31

Persons with Significant Control

Ms Donna Marie Cutting

25–50% shares
25–50% votes
Appoint directors

English · England · Age 60

13, Keightley Way, Ipswich, IP6 9BJ

Notified 04/04/2019

Mr James Bradley Hayter

25–50% shares
25–50% votes
Appoint directors

English · England · Age 31

39, Surbiton Road, Ipswich, IP1 4AX

Notified 04/04/2019

CompanyRankvs 5187+ SIC 96020 peers
59

Financial strength76th percentile among SIC peers · 19/25
Employees53th percentile among SIC peers · 8/15
LiquidityCurrent ratio 2.6× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees8/15 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.

Longevity7/15 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and the Companies Act 2006. The financial statements have been prepared under the historic cost convention. Presentation currency The company's financial statements are presented in sterling. Going concern In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's a

Key FinancialsYear ending 31/03/2026

Net Worth

£8k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£8k

Working capital

Current Assets

£13k

Current Liabilities

£5k

Fixed Assets

£177

Debtors

£8k

2avg. employees

Balance Sheet

Assets less current liabilities£8k
Signed by Ms D Cutting,Prepared with IRIS Elements Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20262.60-£5k
20251.84+£15k
20241.26+£1k
20231.42

Derived from filed accounts. Not audited figures.