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Module-Ar Limited

06450820

in administration
Private Limited Company
england wales
Companies House
0 outstanding charges
Insolvency history
Health Score
N/A

Details

C/O BEGBIES TRAYNOR, MANCHESTER, M3 4LY
Incorporated 11/12/2007

Compliance

Last accounts

31/03/2022

full

Next accounts due

31/12/2023

Overdue

Confirmation statement

Last: 25/11/2022

Due 09/12/2023

Overdue

Industry

32990
Other manufacturing

Officers

Robert Grimbleby

secretary · Since 02/01/2008

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 3 other boards

Mrs Amanda Grimbleby

director · Since 02/01/2008

SALES DIRECTOR

BRITISH · ENGLAND · Age 56

Also on 1 other board

Robert Grimbleby

director · Since 02/01/2008

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 3 other boards

Mr Mark David Fox

director · Since 01/01/2021

MANUFACTURING DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 2 other boards

Persons with Significant Control

Mercol Group Limited

75–100% shares
75–100% votes
Appoint directors

Riverside Industrial Estate, Gibson Lane South, North Ferriby, HU14 3HF

Notified 22/04/2021

Former PSCs

Mr Robert Craig Grimbleby

Ceased 22/04/2021

Mrs Amanda Jane Grimbleby

Ceased 22/04/2021

Charges0 outstanding

Assignment by way of charge
fully satisfied

Academy Leasing Limited

All sums due and to become due and to become due by the sub-lessee under or by virtue of the sub-lease and all its other rights and benefits see image for full details.

All monies due or to become due from the company to the chargee under the terms of the aforementioned instrument creating or evidencing the charge

Created 10/11/2008Registered 19/11/2008Satisfied 28/10/2021

Insolvency History1 case

in administration

Paul Stanley (practitioner) · Dean Watson (practitioner) · Rikki Burton (practitioner)

CompanyRankvs 15+ SIC 32990 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.28× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -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.

Liquidity12/20 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

Going concern doubt: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/03/2022

Turnover

£30.0M

Annual revenue

Net Worth

£3.5M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Profit Before Tax

£816k

Bottom line earnings

Net Current Assets

£2.0M

Working capital

Current Assets

£9.1M

Current Liabilities

£7.1M

Fixed Assets

£3.7M

Debtors

£6.7M

Cost of Sales

£25.8M

Gross Profit

£4.2M

Admin Expenses

£3.4M

Operating Profit

£892k

Profit After Tax

£640k

73avg. employees+13

Tax at Year End

Dividends paid£44k

People Costs

Wages & salaries£2.9M
NI contributions£332k

Balance Sheet

Bank loans & overdrafts£282k
Assets less current liabilities£5.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.28+£596k
20211.18

Derived from filed accounts. Not audited figures.