So Modular Ltd
10051955
Healthy
- Going concern doubt noted in accounts (-10)
- 6 outstanding charges (-10)
Details
Previously known as
Compliance
Last accounts
30/06/2025
medium
Next accounts due
31/03/2027
Confirmation statement
Last: 08/03/2026
Due 22/03/2027
Industry
Officers
director · Since 09/03/2016
MANAGING DIRECTOR
WELSH · WALES · Age 59
Also on 8 other boards
secretary · Since 09/03/2016
director · Since 19/06/2018
FINANCIAL DIRECTOR
WELSH · WALES · Age 45
Also on 3 other boards
director · Since 29/03/2019
DIRECTOR
WELSH · WALES · Age 33
Also on 2 other boards
secretary · Since 09/03/2016
Former
director · Resigned 14/11/2025
director · Resigned 14/11/2025
Persons with Significant Control
J G Hale Group Ltd
Unit 2 Jcg Building, Milland Road Industrial Estate, Neath, SA11 1NJ
Reg: 08824583 · Companies House · Limited Company
Notified 30/06/2025
Former PSCs
Mr Jonathan Hale
Ceased 30/06/2025
Charges6 outstanding
DBW INVESTMENTS (14) LIMITED
DBW INVESTMENTS (14) LIMITED
THE WELSH MINISTERS
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
LLOYDS BANK COMMERCIAL FINANCE LIMITED
Change History
Active
Private Limited Company
UNIT 1 JCG BUILDING
NEATH
CompanyRankvs 2871+ SIC 32990 peers55
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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
regulatory developments closely and adapts processes accordingly. The Directors consider that these risks are being appropriately managed and do not threaten the Company's ability to continue as a going concern. DEVELOPMENT AND PERFORMANCE Key performance indicators The Directors monitor a number of financial and operational KPIs, including: - turnover and gross margin; - factory utilisation an
Key FinancialsYear ending 30/06/2025
Turnover
£11.1M
Annual revenue
Net Worth
£1.5M
Balance sheet strength
Cash
£55k
Cash in the bank
Profit Before Tax
£789k
Bottom line earnings
Net Current Assets
£437k
Working capital
Current Assets
£2.6M
Current Liabilities
£2.2M
Fixed Assets
£9.8M
Debtors
£2.0M
Cost of Sales
£8.2M
Gross Profit
£2.9M
Admin Expenses
£2.2M
Operating Profit
£1.1M
Profit After Tax
£603k
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.20 | +£0 |
| 2025 | 1.20 | +£607k |
| 2024 | 1.10 | +£2.1M |
| 2023 | 0.47 | -£100k |
| 2022 | 0.52 | -£469k |
| 2021 | 0.58 | -£546k |
| 2020 | 0.56 | -£1k |
| 2019 | 0.94 | — |
Derived from filed accounts. Not audited figures.