MODERN ITALY LTD

Company number SC641532 · Active (Active - Proposal to Strike off)

MODERN ITALY LTD is a private limited company registered in GLASGOW, United Kingdom, incorporated on 13 Sep 2019. Its registered activity is wholesale of textiles. Its latest published accounts for the period ending 30 Sep 2023 show equity of £3,570, total assets of £11k. It has filed 4 sets of accounts, 4 of them after the deadline. Our model estimates a 0.00 % probability that it becomes insolvent within 12 months, 0.0 times the average for active companies (low risk).

Insolvency risk, next 12 months

0.00 %
Low risk
Lowest riskHighest risk

Higher than 0 % of active companies in the United Kingdom. 0.0× the average annual insolvency rate (0.12 %).

Raises the risk

Share of filings late3.6×≥ 0.666667 · 0.42 % became insolvent
Days since last period end3.2×≥ 642 · 0.37 % became insolvent
Employees3.1×3–8 · 0.36 % became insolvent
Accounts filed2.9×3–6 · 0.34 % became insolvent
Late filings2.5×≥ 2 · 0.29 % became insolvent
Current ratio2.4×1.20204–2.65202 · 0.28 % became insolvent

Lowers the risk

Region0.0×G · 0.00 % became insolvent

Each factor compares companies in the same group (for example the same age band) with the average. The score is a statistical estimate from public data (model AUC 0.99, trained 8 Nov 2026), not a credit rating. How it works.

Company details

Company number
SC641532 · official register
Status
Active - Proposal to Strike off
Legal form
Private Limited Company
Incorporated
13 Sep 2019 (7 years)
Registered address
G3 7RW GLASGOW
Postcode area
Glasgow
Activity
46410 Wholesale of textiles
Industry
Wholesale trade
Accounts overdue
Yes

Insolvency and register events

No insolvency or liquidation events on record.

Annual accounts GBP

Period endPublishedTurnoverResultEquityTotal assetsCurrent liabilitiesCashEmployees
30 Sep 202315 Aug 2024– –£3,570£11k £2,290–3
30 Sep 202215 Aug 2023– –£15k£15k £0–5
30 Sep 202115 Dec 2022– –£6,200– ––7
30 Sep 202015 Oct 2021– –£5,000£0 £5,000–3

As published. Small companies often file a balance sheet only, so turnover and result can be missing.

Similar companies in Glasgow

Questions about MODERN ITALY LTD

What is the company number of MODERN ITALY LTD?

MODERN ITALY LTD is registered under company number SC641532 in the official register of United Kingdom. View it at the official register.

Is MODERN ITALY LTD still active?

Yes. MODERN ITALY LTD is registered as active (status: Active - Proposal to Strike off).

Has MODERN ITALY LTD gone bankrupt or into insolvency?

No insolvency, bankruptcy or administration is recorded for MODERN ITALY LTD in the official data.

How likely is MODERN ITALY LTD to become insolvent?

Our model estimates a 0.00 % probability that MODERN ITALY LTD becomes insolvent within the next 12 months (low risk). That is higher than 0 % of active companies in the United Kingdom.

When was MODERN ITALY LTD founded?

MODERN ITALY LTD was incorporated on 13 Sep 2019.

Where is MODERN ITALY LTD registered?

MODERN ITALY LTD's registered address is in G3 7RW GLASGOW (Glasgow), United Kingdom.

What do the latest accounts of MODERN ITALY LTD show?

The latest published accounts (period ending 30 Sep 2023) show equity of £3,570, total assets of £11k, 3 employees.

Data: Companies House – Free Company Data Product, Accounts Data Product, Public Data API (Contains public sector information licensed under the Open Government Licence v3.0.). Last updated 9 Nov 2026.