Modus Workspace Limited
06839982
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 10 outstanding charges (-10)
Details
Compliance
Last accounts
31/12/2024
full
Next accounts due
31/12/2026
Confirmation statement
Last: 22/10/2025
Due 05/11/2026
Industry
Officers
director · Since 09/03/2009
ARCHITECT
BRITISH · UNITED KINGDOM · Age 67
Also on 1 other board
director · Since 07/11/2014
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 57
Also on 7 other boards
director · Since 01/06/2025
SALES DIRECTOR
BRITISH · UNITED KINGDOM · Age 44
Persons with Significant Control
Workplace Futures Group Limited
Tide Building, 8 Emerson Street, London, SE1 9DU
Reg: 06261803 · Companies House · Limited Company
Notified 06/04/2016
Charges10 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB BANK PLC
LLOYDS TSB COMMERCIAL FINANCE LTD
THE ROYAL BANK OF SCOTLAND PLC
CompanyRankvs 3686+ SIC 96090 peers62
Show leaderboard
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
Going concern doubt: -10 pts
Outstanding charges: -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 co
Key FinancialsYear ending 31/12/2024
Turnover
£108.3M
Annual revenue
Net Worth
£9.7M
Balance sheet strength
Cash
£17.3M
Cash in the bank
Profit Before Tax
£3.9M
Bottom line earnings
Net Current Assets
£9.8M
Working capital
Current Assets
£34.1M
Current Liabilities
£24.2M
Debtors
£16.8M
Cost of Sales
£89.6M
Gross Profit
£18.7M
Admin Expenses
£15.0M
Operating Profit
£3.7M
Profit After Tax
£3.3M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.41 | +£602k |
| 2023 | 1.41 | +£1.3M |
| 2022 | 1.36 | — |
Derived from filed accounts. Not audited figures.