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Modern Bar Group Limited

12287001

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

THE TOWN HALL BURNLEY ROAD, BURNLEY, BB12 8BS
Incorporated 29/10/2019

Compliance

Last accounts

30/10/2021

micro entity

Next accounts due

30/07/2023

Overdue

Confirmation statement

Last: 28/10/2022

Due 11/11/2023

Overdue

Industry

56101
Licensed restaurants

Officers

Mr Morten Ivar Jensen

director · Since 29/10/2019

COMPANY DIRECTOR

DANISH · UNITED KINGDOM · Age 44

Also on 17 other boards

Persons with Significant Control

Mr Morten Ivar Jensen

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

Danish · United Kingdom · Age 44

The Town Hall, Burnley Road, Burnley, BB12 8BS

Notified 29/10/2019

Insolvency History1 case

creditors voluntary liquidation06/04/2023

Natalie Hughes (practitioner)

CompanyRankvs 15+ SIC 56101 peers
32

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 2.34× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 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

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/10/2021

Net Worth

-£15k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£34k

Current Liabilities

£15k

Fixed Assets

£2k

0avg. employees

Balance Sheet

Assets less current liabilities£21k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20212.34-£2k
20206.97

Derived from filed accounts. Not audited figures.