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Modus Contracts Limited

09801046

active
ltd
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX
Incorporated 30/09/2015

Previously known as

Modus Kitchens Limited · until 03/03/2020
Modus Contracts (Ilminster) Limited · until 26/08/2019

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 29/09/2025

Due 13/10/2026

On track

Industry

31090
Manufacture of other furniture

Officers

Jonathan Powell

director · Since 30/09/2015

British · United Kingdom · Age 54

Edward Richardson

director · Since 30/09/2015

British · United Kingdom · Age 53

Former

Andrew James Thompson

director · Resigned 11/09/2020

Graham John Sweetinburgh

director · Resigned 30/09/2021

Robert James Harman

director · Resigned 07/09/2022

Persons with Significant Control

Modus Holdings Limited

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

Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX

Reg: 11625737 · Companies House · Limited

Notified 01/11/2019

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 08/07/2022Registered 11/07/2022
Charge
satisfied

ALDERMORE BANK PLC

Created 11/03/2020Registered 20/03/2020Satisfied 19/12/2023
Charge
satisfied

LLOYDS BANK PLC

Created 29/07/2019Registered 31/07/2019Satisfied 13/03/2024
Charge
satisfied

LLOYDS BANK PLC

Created 24/07/2019Registered 24/07/2019Satisfied 13/03/2024
Charge
satisfied

CLOSE BROTHERS LIMITED (THE "SECURITY TRUSTEE")

Created 09/03/2016Registered 18/03/2016Satisfied 08/06/2020

Change History

officer appointedPOWELL, Jonathan
2026-06-04
officer appointedRICHARDSON, Edward
2026-06-04
statusactive
2026-06-04

Active

typeltd
2026-06-04

Private Limited Company

address line1Goodwood House
2026-06-04

GOODWOOD HOUSE

post townTaunton
2026-06-04

TAUNTON

CompanyRankvs 4292+ SIC 31090 peers
24

Financial strength0th percentile among SIC peers · 0/25
Employees55th percentile among SIC peers · 8/15
LiquidityNo balance sheet data · 0/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity11/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£803k

Balance sheet strength

Cash

£10k

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

£1.3M

Debtors

£273k

2avg. employees
Prepared with Silverfin

EstimatesDerived

YearCurrent RatioImplied Profit
2025-£340k
2024-£183k
2023-£63k
2022-£52k
20200.96-£190k
20191.12-£103k
20181.69

Derived from filed accounts. Not audited figures.