Modus Motor Company Limited
08685320
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Azzure Holdings Limited
The Crescent, Ropergate, Pontefract, WF8 1LY
Reg: 10440988 · Companies House · Limited By Shares
Notified 29/10/2019
Former PSCs
Mr Graham Ward
Ceased 29/10/2019
CompanyRankvs 17596+ SIC 45112 peers40
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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 31/10/2024
Net Worth
-£662k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£507k
Working capital
Current Assets
£678k
Current Liabilities
£1.2M
Fixed Assets
£569
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.57 | -£71k |
| 2023 | 0.65 | -£45k |
| 2022 | 0.48 | -£72k |
| 2021 | 0.24 | +£3k |
| 2020 | 0.23 | -£45k |
| 2019 | 0.22 | -£54k |
| 2018 | 0.24 | — |
Derived from filed accounts. Not audited figures.