Company Overview
Modern Efficient Design Limited is a Dissolved Private Limited Company.
Registered Address

2 Innotec Drive, Balloo Road, Bangor, Co. Down, BT19 7PD
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Companies House Data
Company NameMODERN EFFICIENT DESIGN LIMITED
Company NumberNI611160
Registered Office Address2 Innotec Drive
 Balloo Road
 BT19 7PD
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date13/02/2012
Accounting Reference Date Day29
Accounting Reference Date Month2
Accounts Next Due Date30/11/2017
Accounts Last Made Up Date29/02/2016
Accounts Account CategoryTOTAL EXEMPTION SMALL
Returns Next Due Date13/03/2017
Returns Last Made Up Date13/02/2016
Directors & Members
Show Resigned
Samuel Sinclair - Director
(British, 53 years old, born February 1973)
Appointed 13 February 2012
 Active
John Titterington - Director
(British, 58 years old, born September 1968)
Appointed 13 April 2012
 Active
Secretaries
No Secretaries Appointed
Other Company Directorships
Samuel Sinclair
No companies found
John Titterington
MACHINE SAFETY AND SERVICING LTD
Balance Sheet Unlock full report
Accounts Date 28-Feb-2016 28-Feb-2015
Balance Sheet
Fixed Assets 0 6,829
Current Assets 3,272 7,230
Creditors Due Within One Year 700 9,353
Working Cap 2,572 -2,123
Total Assets Less Current Liabilities 2,572 4,706
Long-term Liabilities 0 892
Net Assets 2,572 3,814
Share Capital & Reserves
Share Cap 400 400
Profit & Loss Reserves 2,172 3,414
Other Reserves 0 0
Shareholders Funds 2,572 3,814
Common Size Financial Analysis Unlock full report
Accounts Date 28-Feb-2016 28-Feb-2015
Tangible Fixed Assets - 48.6%
Fixed Assets 0.0% 48.6%
Stocks Inventory - 8.7%
Debtors - -
Cash Bank In Hand 100.0% 42.7%
Current Assets 100.0% 51.4%
Creditors Due Within One Year 21.4% 66.5%
Net Current Assets Liabilities 78.6% -15.1%
Creditors Due After One Year - -
Accruals Deferred Income - -
Provisions For Liabilities Charges - 6.3%
Net Assets Liabilities Including Pension Asset Liability 78.6% 27.1%
Called Up Share Capital 12.2% 2.8%
Share Capital Allotted Called Up Paid 12.2% 2.8%
Profit Loss Account Reserve 66.4% 24.3%
Shareholder Funds 78.6% 27.1%
Capital Employed - -
Total Assets Less Current Liabilities 78.6% 33.5%
Financial Ratio Analysis Unlock full report
Accounts Date 28-Feb-2016 28-Feb-2015
Liquidity Ratio 4.7 0.8
Solvency Ratio 4.7 1.4
Reserves to Assets 0.7 0.2
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 28-Feb-2016 28-Feb-2015
Assets 3,272 14,059
Debt 700 10,245
Net Assets/Debt 2,572 3,814
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
Final Gazette dissolved via voluntary strike-off
First Gazette notice for voluntary strike-off
Application to strike the company off the register
Confirmation statement made on 13 February 2017 with updates
Annual return made up to 13 February 2016 with full list of shareholders
Annual return made up to 13 February 2015 with full list of shareholders
Annual return made up to 13 February 2014 with full list of shareholders
Annual return made up to 13 February 2013 with full list of shareholders
Second filing of SH01 previously delivered to Companies House
Appointment of Mr John Thompson Titterington as a director
Termination of appointment of Gillian Sinclair as a director
Appointment of Mrs Gillian Margaret Sinclair as a director
Statement of capital following an allotment of shares on 14 April 2012
Incorporation
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