Modular Ai Ltd
04844548
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/07/2003
DIRECTOR
BRITISH · ENGLAND · Age 67
Also on 1 other board
Persons with Significant Control
Mr Peter James Heather
British · England · Age 67
Second Floor, Kennel Club House, Aylesbury, HP19 8DB
Notified 06/04/2016
CompanyRankvs 2991+ SIC 62030 peers42
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
-£163k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£247k
Working capital
Current Assets
£12k
Current Liabilities
£258k
Debtors
£12k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.05 | -£70k |
| 2024 | 0.00 | -£60k |
| 2023 | 0.21 | -£21k |
| 2022 | 0.23 | +£13k |
| 2021 | 0.00 | -£5k |
| 2020 | 0.02 | +£5k |
| 2019 | 0.26 | — |
Derived from filed accounts. Not audited figures.