Modest Management Limited

Modest Management Ltd, based in London, UK, is a small, active company founded 22 years ago. Employing 19 people, it holds £6,044,737 in assets and operates from a virtual address – a point of note as 86 companies are registered at the same location. The company has three directors and two owners, although the owner list may not be exhaustive. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation recorded two months ago.

The company’s website reveals a focus on talent management within the music and sports industries. Modest! Music Management signs, develops, and steers the careers of artists, while Modest! Golf Management and Modest! Sports Marketing cater to related sectors. The website showcases a roster of well-known artists, including Niall Horan, Perrie Edwards, and Olly Murs, alongside brands like ModestTV and AMLOR Music. It's clear Modest Management Ltd is a talent agency, managing careers and leveraging its network.

Looking at the financials, Modest Management Ltd presents a mixed picture. Cash reserves have taken a significant hit, dropping 52% to £1.9 million. Bank borrowings have also decreased, but the company’s net assets have only increased slightly, by 1.4% to £4.1 million. While creditors have decreased by 3.8%, trade debtors have surged by a staggering 690%, suggesting potential issues with customer payments. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the sharp decline in cash reserves is concerning. The company’s net losses deepened from -£10,000 to -£23,000, while cash reserves plummeted 71% to just £4,100. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (exempt as a small company), the unaudited figures rely on director-reported data.

Registered in England/Wales under the registration number 04640489, with a registered address at SW1Y 5JG, England, London, Ground Floor, 45 Pall Mall.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.