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Modular Hydraulic Systems Limited

01398055

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

DREWITT HOUSE, 865, BOURNEMOUTH, BH11 8LW
Incorporated 06/11/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28120
Manufacture of fluid power equipment

Officers

Mr Allan George Dudman

director · Since 31/10/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 77

Also on 5 other boards

Persons with Significant Control

Mr Allan George Dudman

75–100% shares

British · England · Age 77

Drewitt House, 865, Ringwood Road, Bournemouth, BH11 8LW

Notified 08/11/2016

Charges4 outstanding

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outstanding

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CompanyRankvs 15+ SIC 28120 peers
40

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 3.99× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

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 31/10/2024

Net Worth

£185k

Balance sheet strength

Cash

-£7k

Cash in the bank

Net Current Assets

£525k

Working capital

Current Assets

£700k

Current Liabilities

£176k

Fixed Assets

£33k

Debtors

£134k

9avg. employees

Tax at Year End(2017)

Corp tax£3k

Balance Sheet

Bank loans & overdrafts£51k
Assets less current liabilities£558k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20243.99+£4k
20233.19+£23k
20225.20-£50k
20214.88+£21k
20202.63+£24k
20191.55+£77k
20171.24

Derived from filed accounts. Not audited figures.