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Modulus Technology Limited

10009215

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

RADIAN HOUSE LANCELOT ROAD, BEACON PARK, GREAT YARMOUTH, NR31 7BF
Incorporated 17/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation

Officers

Mr Adam Phillip Darling

director · Since 17/02/2016

DIRECTOR

BRITISH · ENGLAND · Age 65

Also on 5 other boards

Mr Neil Macdonald

director · Since 17/02/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Persons with Significant Control

Aae Technologies Ltd

Significant control

Radian House, Lancelot Road, Gorleston, NR31 7BF

Reg: 09425946 · Companies House · Limited Company

Notified 15/02/2017

Charges0 outstanding

Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 25/03/2019Registered 27/03/2019Satisfied 02/03/2022

CompanyRankvs 314+ SIC 26511 peers
71

Financial strength71th percentile among SIC peers · 18/25
Employees50th percentile among SIC peers · 8/15
LiquidityCurrent ratio 34.49× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 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.

Liquidity20/20 pts

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

Longevity10/15 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 28/02/2025

Net Worth

£286k

Balance sheet strength

Cash

£810

Cash in the bank

Net Current Assets

£273k

Working capital

Current Assets

£281k

Current Liabilities

£8k

Fixed Assets

£17k

Debtors

£280k

2avg. employees

Balance Sheet

Assets less current liabilities£290k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202534.49+£6k
202418.32-£23k
202318.44+£110k
20223.34+£121k
20211.03+£64k
20200.73

Derived from filed accounts. Not audited figures.