Company Overview
Modern Plant Components Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 11 February 1981, so this is a well established company. Modern Plant Components Limited has been in business for 43 years and 3 months. The accounts status is small and the accounts are next due on Tuesday 31 December 2024.
Registered Address

C/O Dwf Northern Ireland Llp, 42 Queen Street, Belfast, Antrim, BT1 6HL
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Companies House Data
Company NameMODERN PLANT COMPONENTS LIMITED
Company NumberNI014736
Registered Office AddressC/O DWF NORTHERN IRELAND LLP
 42 QUEEN STREET
 BT1 6HL
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date11/02/1981
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2024
Accounts Last Made Up Date31/03/2023
Accounts Account CategorySMALL
Returns Next Due Date28/11/2016
Returns Last Made Up Date31/10/2015
Directors & Members
Show Resigned
Henry Bolger - Director
(Irish, 66 years old, born August 1958)
Director - Appointed 11 February 1981
 Active
Marie Bolger - Director
(Irish, 66 years old, born October 1958)
Secretary - Appointed 01 November 2013
 Active
Secretaries
Show Resigned
Henry Bolger - Secretary
(British)
Appointed 01 November 2013
 Active
Other Company Directorships
Henry Bolger
No companies found
Marie Bolger
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2014 31-Mar-2013
Balance Sheet
Fixed Assets 98,585 98,585 107,531
Current Assets 2,092,675 2,092,675 2,065,549
Creditors Due Within One Year 14,581 14,581 21,762
Working Cap 2,078,094 2,078,094 2,043,787
Total Assets Less Current Liabilities 2,176,679 2,176,679 2,151,318
Long-term Liabilities 0 0 0
Net Assets 2,176,679 2,176,679 2,151,318
Share Capital & Reserves
Share Cap 2 2 2
Profit & Loss Reserves 2,176,677 2,176,677 2,151,316
Other Reserves 0 0 0
Shareholders Funds 2,176,679 2,176,679 2,151,318
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2014 31-Mar-2013
Tangible Fixed Assets - - -
Fixed Assets 4.5% 4.5% 4.9%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 72.0% 72.0% 65.0%
Cash Bank In Hand 23.5% 23.5% 30.1%
Current Assets 95.5% 95.5% 95.1%
Creditors Due Within One Year 0.7% 0.7% 1.0%
Net Current Assets Liabilities 94.8% 94.8% 94.1%
Creditors Due After One Year 0.0% 0.0% 0.0%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 99.3% 99.3% 99.0%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 99.3% 99.3% 99.0%
Shareholder Funds 99.3% 99.3% 99.0%
Capital Employed - - -
Total Assets Less Current Liabilities 99.3% 99.3% 99.0%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2014 31-Mar-2013
Liquidity Ratio 143.5 143.5 94.9
Solvency Ratio 150.3 150.3 99.9
Reserves to Assets 1.0 1.0 1.0
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Mar-2014 31-Mar-2013
Assets 2,191,260 2,191,260 2,173,080
Debt 14,581 14,581 21,762
Net Assets/Debt 2,176,679 2,176,679 2,151,318

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. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for 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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Document Filings
Confirmation statement made on 31 October 2023 with no updates
Termination of appointment of Peter Kinkead as a director on 24 November 2022
Confirmation statement made on 31 October 2022 with no updates
Confirmation statement made on 31 October 2021 with no updates
Confirmation statement made on 31 October 2020 with no updates
Confirmation statement made on 31 October 2019 with no updates
Termination of appointment of Raymond Glynn as a director on 15 July 2019
Confirmation statement made on 31 October 2018 with updates
Director's details changed for Peter Kinkead on 1 January 2018
Director's details changed for Peter Kinkead on 1 January 2018
Confirmation statement made on 31 October 2017 with no updates
Registered office address changed from C/O C H Jefferson,Solicitors Norwich Union House 7 Fountain Street Belfast BT1 5EA to C/O Dwf Northern Ireland Llp 42 Queen Street Belfast Antrim BT1 6HL on 23 January 2018
Confirmation statement made on 31 October 2016 with updates
Annual return made up to 31 October 2015 with full list of shareholders
Annual return made up to 31 October 2014 with full list of shareholders
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