Modular Ventures Ltd
09923159
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/12/2024
micro entity
Next accounts due
30/09/2026
Confirmation statement
Last: 11/01/2026
Due 25/01/2027
Industry
Officers
Persons with Significant Control
Mr Jaffer Abbas
British · England · Age 49
Lower Ground Floor, 22 City Road, London, EC1Y 2AJ
Notified 17/12/2016
Change History
Active
Private Limited Company
LOWER GROUND FLOOR
LONDON
CompanyRankvs 49918+ SIC 62090 peers37
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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 31/12/2024
Net Worth
-£7k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£18k
Working capital
Current Assets
£18k
Current Liabilities
£25k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.73 | +£0 |
| 2023 | 0.73 | +£0 |
| 2022 | 0.73 | +£0 |
| 2021 | 0.73 | +£2k |
| 2020 | 0.64 | +£0 |
| 2019 | Infinity | -£4k |
| 2018 | Infinity | — |
Derived from filed accounts. Not audited figures.