Modnarway 3 Ltd
15426067
Some Concerns
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/07/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 18/01/2026
Due 01/02/2027
Industry
Officers
director · Since 19/01/2024
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 2 other boards
Persons with Significant Control
Mr Duncan Fisher
British · United Kingdom · Age 58
The Apartment Group 1st Floor, Two, Jesmond Three Sixty, Newcastle Upon Tyne, NE2 1DB
Notified 19/01/2024
Charges2 outstanding
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 9112+ SIC 55100 peers25
Show leaderboard
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2025
Net Worth
-£750k
Balance sheet strength
Cash
£316k
Cash in the bank
Net Current Assets
-£2.1M
Working capital
Current Assets
£626k
Current Liabilities
£2.7M
Fixed Assets
£4.2M
Debtors
£288k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.23 | -£799k |
| 2024 | 0.28 | — |
Derived from filed accounts. Not audited figures.