modern ford limited
modern ford limited Company Information
Group Structure
View All
Industry
Accounting, and auditing activities
Registered Address
spitalfields house first floor, borehamwood, herts, WD6 2FX
Website
-modern ford limited Estimated Valuation
Pomanda estimates the enterprise value of MODERN FORD LIMITED at £78.2k based on a Turnover of £77.7k and 1.01x industry multiple (adjusted for size and gross margin).
modern ford limited Estimated Valuation
Pomanda estimates the enterprise value of MODERN FORD LIMITED at £233.5k based on an EBITDA of £36k and a 6.48x industry multiple (adjusted for size and gross margin).
modern ford limited Estimated Valuation
Pomanda estimates the enterprise value of MODERN FORD LIMITED at £151.9k based on Net Assets of £50.2k and 3.02x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Modern Ford Limited Overview
Modern Ford Limited is a live company located in herts, WD6 2FX with a Companies House number of 10562633. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in January 2017, it's largest shareholder is peter thomas ford with a 100% stake. Modern Ford Limited is a young, micro sized company, Pomanda has estimated its turnover at £77.7k with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Modern Ford Limited Health Check
Pomanda's financial health check has awarded Modern Ford Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
3 Weak
Size
annual sales of £77.7k, make it smaller than the average company (£219.8k)
- Modern Ford Limited
£219.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a slower rate (6.4%)
- Modern Ford Limited
6.4% - Industry AVG
Production
with a gross margin of 94.8%, this company has a comparable cost of product (94.8%)
- Modern Ford Limited
94.8% - Industry AVG
Profitability
an operating margin of 46.3% make it more profitable than the average company (12.8%)
- Modern Ford Limited
12.8% - Industry AVG
Employees
with 1 employees, this is below the industry average (3)
1 - Modern Ford Limited
3 - Industry AVG
Pay Structure
on an average salary of £35.8k, the company has an equivalent pay structure (£35.8k)
- Modern Ford Limited
£35.8k - Industry AVG
Efficiency
resulting in sales per employee of £77.7k, this is equally as efficient (£77.7k)
- Modern Ford Limited
£77.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Modern Ford Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Modern Ford Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Modern Ford Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 121 weeks, this is more cash available to meet short term requirements (34 weeks)
121 weeks - Modern Ford Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 14.5%, this is a lower level of debt than the average (53.6%)
14.5% - Modern Ford Limited
53.6% - Industry AVG
MODERN FORD LIMITED financials
Modern Ford Limited's latest turnover from June 2023 is estimated at £77.7 thousand and the company has net assets of £50.2 thousand. According to their latest financial statements, Modern Ford Limited has 1 employee and maintains cash reserves of £19.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 285 | 379 | 506 | 674 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 285 | 379 | 506 | 674 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 21,459 | 24,561 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 38,546 | 10 | 10 | 27,956 | 0 | 0 |
| Cash | 19,933 | 52,578 | 27,816 | 6,858 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 58,479 | 52,588 | 27,826 | 34,814 | 21,459 | 24,561 |
| total assets | 58,764 | 52,967 | 28,332 | 35,488 | 21,459 | 24,561 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 15,475 | 17,324 |
| Group/Directors Accounts | 0 | 24,686 | 208 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 8,544 | 6,355 | 1,134 | 6,725 | 0 | 0 |
| total current liabilities | 8,544 | 31,041 | 1,342 | 6,725 | 15,475 | 17,324 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 1,728 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 1,728 | 0 |
| total liabilities | 8,544 | 31,041 | 1,342 | 6,725 | 17,203 | 17,324 |
| net assets | 50,220 | 21,926 | 26,990 | 28,763 | 4,256 | 7,237 |
| total shareholders funds | 50,220 | 21,926 | 26,990 | 28,763 | 4,256 | 7,237 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 94 | 127 | 168 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 38,536 | 0 | -27,946 | 6,497 | -3,102 | 24,561 |
| Creditors | 0 | 0 | 0 | -15,475 | -1,849 | 17,324 |
| Accruals and Deferred Income | 2,189 | 5,221 | -5,591 | 4,997 | 1,728 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -24,686 | 24,478 | 208 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | -32,645 | 24,762 | 20,958 | 6,858 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -32,645 | 24,762 | 20,958 | 6,858 | 0 | 0 |
modern ford limited Credit Report and Business Information
Modern Ford Limited Competitor Analysis
Perform a competitor analysis for modern ford limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in WD6 area or any other competitors across 12 key performance metrics.
modern ford limited Ownership
MODERN FORD LIMITED group structure
Modern Ford Limited has no subsidiary companies.
Ultimate parent company
MODERN FORD LIMITED
10562633
modern ford limited directors
Modern Ford Limited currently has 1 director, Mr Peter Ford serving since Sep 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Ford | England | 59 years | Sep 2019 | - | Director |
P&L
June 2023turnover
77.7k
+4%
operating profit
35.9k
0%
gross margin
94.9%
+6.62%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
50.2k
+1.29%
total assets
58.8k
+0.11%
cash
19.9k
-0.62%
net assets
Total assets minus all liabilities
modern ford limited company details
company number
10562633
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2023
previous names
N/A
accountant
PRIMERA ACCOUNTANTS LIMITED
auditor
-
address
spitalfields house first floor, borehamwood, herts, WD6 2FX
Bank
-
Legal Advisor
-
modern ford limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to modern ford limited.
modern ford limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MODERN FORD LIMITED. This can take several minutes, an email will notify you when this has completed.
modern ford limited Companies House Filings - See Documents
| date | description | view/download |
|---|
