Modern Paper Limited
12484691
Some Concerns
- No accounts filed in last 18 months (-5)
- Loss before tax (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2024
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 04/04/2026
Due 18/04/2027
Industry
Officers
secretary · Since 29/10/2025
secretary · Since 29/10/2025
Former
director · Resigned 28/02/2021
director · Resigned 15/09/2022
director · Resigned 20/02/2024
director · Resigned 30/10/2024
director · Resigned 30/10/2024
Persons with Significant Control
Former PSCs
Mr Mehmet Demir
Ceased 21/08/2020
Charges3 outstanding
YAPI KREDI BANK NEDERLAND N.V.
NOVA PAPER & PACKAGING B.V.
NOVA PAPER & PACKAGING B.V.
Change History
Active
Private Limited Company
1 TURPIN LANE
ERITH
17120
CompanyRankvs 15+ SIC 17220 peers14
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce
Key FinancialsYear ending 31/12/2024
Turnover
£16.8M
Annual revenue
Net Worth
£9.9M
Balance sheet strength
Cash
£449k
Cash in the bank
Profit Before Tax
-£2.7M
Bottom line earnings
Net Current Assets
£1.2M
Working capital
Current Assets
£6.7M
Current Liabilities
£5.5M
Fixed Assets
£33.1M
Debtors
£3.9M
Cost of Sales
£14.6M
Gross Profit
£2.2M
Admin Expenses
£3.7M
Operating Profit
-£894k
Profit After Tax
-£2.0M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.22 | +£13.8M |
| 2023 | 2.25 | — |
Derived from filed accounts. Not audited figures.