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Modular Financial Technologies Limited

09925817

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

86-90 PAUL STREET, LONDON, EC2A 4NE
Incorporated 22/12/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Stephan Helmut Jean Freiherr Von Massenbach

director · Since 22/12/2015

DIRECTOR

GERMAN · ENGLAND · Age 46

Also on 2 other boards

Dr Howard John Grubb

director · Since 22/12/2015

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mr Stephan Helmut Jean Freiherr Von Massenbach

25–50% shares
25–50% votes

German · England · Age 46

86-90, Paul Street, London, EC2A 4NE

Notified 06/04/2016

Dr Howard John Grubb

25–50% shares
25–50% votes

British · England · Age 60

86-90, Paul Street, London, EC2A 4NE

Notified 06/04/2016

CompanyRankvs 33626+ SIC 62012 peers
42

Financial strength10th percentile among SIC peers · 3/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

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

Liquidity2/20 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.

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

-£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£14k

Working capital

Current Assets

£3k

Current Liabilities

£17k

2avg. employees

Tax at Year End(2020)

VAT£871

Director Loans(2020)

Company owes directors£14k

Balance Sheet

Assets less current liabilities-£14k
Signed by Dr Howard Grubb 21/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.20+£4k
20230.19-£1k
20220.23-£1k
20210.27-£2k
20200.31-£12k£17k
20190.88-£4k£17k
20181.08

Derived from filed accounts. Not audited figures.