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Modelwise Ltd

14776050

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

71-75 SHELTON STREET, LONDON, WC2H 9JQ
Incorporated 03/04/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Jon Deal

director · Since 03/04/2023

CAD TECHNICIAN

BRITISH · UNITED KINGDOM · Age 43

Persons with Significant Control

Mr Jon Deal

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

British · United Kingdom · Age 43

71-75, Shelton Street, London, WC2H 9JQ

Notified 03/04/2023

CompanyRankvs 7690+ SIC 71121 peers
32

Financial strength12th percentile among SIC peers · 3/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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7690Modelwise Ltd
28
How is this score calculated?
Financial strength3/25 pts

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

Employees5/15 pts

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

Liquidity6/20 pts

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

Longevity3/15 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 31/12/2024

Net Worth

-£1k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£1k

Working capital

Current Assets

£7k

Current Liabilities

£9k

Fixed Assets

£194

1avg. employees

Balance Sheet

Assets less current liabilities-£1k
Signed by Jon Deal Date of approval: 13/07/2026 The company was trading for the entire period

EstimatesDerived

YearCurrent Ratio
20240.83
20240.97

Derived from filed accounts. Not audited figures.