Modus I.T. Ltd
05972202
Healthy
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/10/2006
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 2 other boards
director · Since 01/09/2008
DIRECTOR
BRITISH · UNITED KINGDOM · Age 59
Also on 1 other board
director · Since 31/01/2014
DIRECTOR
BRITISH · ENGLAND · Age 70
Also on 1 other board
Charges1 outstanding
HANOVER DEVELOPMENTS (WAKEFIELD) LIMITED
CompanyRankvs 9313+ SIC 62012 peers60
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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 31/10/2025
Net Worth
£2.0M
Balance sheet strength
Cash
£28k
Cash in the bank
Net Current Assets
-£937k
Working capital
Current Assets
£438k
Current Liabilities
£1.4M
Fixed Assets
£2.9M
Debtors
£85k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.32 | -£20k |
| 2024 | 0.53 | +£689k |
| 2023 | 0.65 | — |
Derived from filed accounts. Not audited figures.