Modular Wiring Systems Ltd
09310972
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Previously known as
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 04/07/2025
Due 18/07/2026
Industry
Officers
Former
director · Resigned 11/12/2018
Persons with Significant Control
Mr Trevor Habgood
British · England · Age 47
Unit 1 Park Road, Holmewood Industrial Park, Chesterfield, S42 5UW
Notified 06/04/2016
Mr John Marson
British · England · Age 58
Unit 1 Park Road, Holmewood Industrial Park, Chesterfield, S42 5UW
Notified 11/12/2018
Former PSCs
Mr John Stephen Light
Ceased 11/12/2018
Hamilton Pow-R-Safe Systems Ltd
Ceased 11/12/2018
Charges1 outstanding
BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)
Change History
Active
Private Limited Company
UNIT 1 PARK ROAD
CHESTERFIELD
CompanyRankvs 13180+ SIC 46900 peers28
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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
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
the restrictions placed on our industry during the COVID-19 pandemic, we have managed to ensure that the business has continued to serve customers and act responsibly with suppliers and employees. Going concern We have continued to prepare the accounts on a going concern basis and deem this appropriate. we do not consider that a material uncertainty about our going concern status currently exis
Key FinancialsYear ending 31/12/2024
Net Worth
-£73k
Balance sheet strength
Cash
£7k
Cash in the bank
Net Current Assets
-£65k
Working capital
Current Assets
£554k
Current Liabilities
£619k
Fixed Assets
£136k
Debtors
£298k
Tax at Year End(2023)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.89 | +£7k |
| 2023 | 0.79 | — |
Derived from filed accounts. Not audited figures.