Company Overview
Modernview Homes Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 27 May 2021. Modernview Homes Ltd has been in business for 4 years and 10 months. The accounts status is micro entity and the accounts are next due on Sunday 28 February 2027.
Registered Address

Flat 8 87 Cassio Road, Watford, Hertfordshire, WD18 0QN
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Companies House Data
Company NameMODERNVIEW HOMES LTD
Company Number13424441
Registered Office AddressFlat 8 87 Cassio Road
 WD18 0QN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date27/05/2021
Accounting Reference Date Day31
Accounting Reference Date Month5
Accounts Next Due Date28/02/2027
Accounts Last Made Up Date31/05/2025
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date24/06/2022
Directors & Members
Dorcas Thairu - Director
(British, 51 years old, born August 1975)
Appointed 27 May 2021
 Active
Ndungu Thairu - Director
(British, 61 years old, born June 1965)
Appointed 24 April 2023
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Dorcas Thairu
HEKIMA LIMITED
INGENUITY INVESTMENTS LIMITED
MODERNVIEW INVESTMENTS LTD
Ndungu Thairu
AFRICAN & CARIBBEAN DIVERSITY
MODERNVIEW INVESTMENTS LTD
NUBUKE INVESTMENTS LLP
NUBUKE INVESTMENTS SERVICES LIMITED
Balance Sheet Unlock full report
Accounts Date 31-May-2025 31-May-2023 31-May-2022
Balance Sheet
Fixed Assets 669,644 669,644 669,644
Current Assets 114,357 114,357 6,896
Creditors Due Within One Year 786 786 13,694
Working Cap 113,571 113,571 -6,798
Total Assets Less Current Liabilities 783,215 783,215 662,846
Long-term Liabilities 779,766 779,766 673,845
Net Assets 3,449 3,449 -10,999
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 3,449 3,449 -10,999
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2023 31-May-2022
Tangible Fixed Assets - - -
Fixed Assets 85.4% 85.4% 99.0%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 14.6% 14.6% 1.0%
Creditors Due Within One Year 0.1% 0.1% 2.0%
Net Current Assets Liabilities 14.5% 14.5% -1.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 0.4% 0.4% -1.6%
Capital Employed - - -
Total Assets Less Current Liabilities 99.9% 99.9% 98.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2023 31-May-2022
Liquidity Ratio 145.5 145.5 0.5
Solvency Ratio 1.0 1.0 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 5
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2025 31-May-2023 31-May-2022
Assets 784,001 784,001 676,540
Debt 780,552 780,552 687,539
Net Assets/Debt 3,449 3,449 -10,999

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a slender margin of cover over total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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LEBADA CONSULTING LIMITED
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HUMILITY CARE LIMITED
83 Cassio Road, Watford, WD18 0QN
Document Filings
Confirmation statement made on 20 May 2025 with updates
Registration of charge 134244410004, created on 4 March 2025
Registration of charge 134244410005, created on 4 March 2025
Confirmation statement made on 20 May 2024 with updates
Notification of Ndungu Thairu as a person with significant control on 24 April 2023
Change of details for Mrs Dorcas Wangu Thairu as a person with significant control on 24 April 2023
Director's details changed for Mr Ndungu Thairu on 29 April 2024
Registration of charge 134244410003, created on 3 November 2023
Director's details changed for Mr Ndungu Thairu on 6 June 2023
Director's details changed for Mrs Dorcas Wangu Thairu on 6 June 2023
Registered office address changed from , Flat 8 , Casio Green Cassio Road, Watford, Hertfordshire, WD18 0QN, England to Flat 8 87 Cassio Road Watford Hertfordshire WD18 0QN on 15 June 2023
Confirmation statement made on 20 May 2023 with updates
Registered office address changed from , Flat 8 , Casio Green Mill Way, Bushey, Hertfordshire, WD23 2AG, England to Flat 8 87 Cassio Road Watford Hertfordshire WD18 0QN on 25 April 2023
Director's details changed for Mr Ndungu Thairu on 24 April 2023
Change of details for Mrs Dorcas Wangu Thairu as a person with significant control on 24 April 2023
Director's details changed for Mrs Dorcas Wangu Thairu on 24 April 2023
Appointment of Mr Ndungu Thairu as a director on 24 April 2023
Registered office address changed from , 20 Mill Way, Bushey, Hertfordshire, WD23 2AG, England to Flat 8 87 Cassio Road Watford Hertfordshire WD18 0QN on 24 April 2023
Confirmation statement made on 26 May 2022 with updates
Registration of charge 134244410002, created on 1 December 2021
Registration of charge 134244410001, created on 1 December 2021
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