Modlit Limited
00388971
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 4 outstanding charges (-8)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/09/1992
TOOLMAKER
BRITISH · UNITED KINGDOM · Age 66
Also on 3 other boards
Persons with Significant Control
Modlit Holdings Limited
Nicholls Road, Princes End, Tipton, DY4 9LG
Reg: 03426075 · Uk Register · Uk Limited Company
Notified 06/04/2016
Charges4 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
CompanyRankvs 27519+ SIC 43999 peers37
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/03/2025
Net Worth
-£167k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£197k
Working capital
Current Assets
£134k
Current Liabilities
£330k
Fixed Assets
£32k
Debtors
£82k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.40 | -£116k |
| 2024 | 0.71 | -£48k |
| 2023 | 0.90 | -£51k |
| 2022 | 1.05 | +£33k |
| 2021 | 1.02 | +£2k |
| 2020 | 0.71 | — |
Derived from filed accounts. Not audited figures.