Modular Systems Ltd
10266016
Some Concerns
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/07/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 20/06/2025
Due 04/07/2026
Industry
Officers
Former
director · Resigned 17/02/2017
director · Resigned 25/05/2017
director · Resigned 14/02/2023
director · Resigned 01/08/2023
director · Resigned 01/08/2023
director · Resigned 07/09/2023
Persons with Significant Control
Mr Robert James Nelson Bousfield
British · England · Age 80
Ashcourt House, 60 Cottingham Road, Hull, HU6 7SD
Notified 03/11/2016
Mr Benjamin Colin Stratton Tynan
British · England · Age 40
5 Bankside, Hull, HU5 1AP
Notified 01/01/2026
Former PSCs
Mr Colin William Tynan
Ceased 25/05/2017
Mr Benjamin Colin Stratton Tynan
Ceased 31/03/2025
Charges2 outstanding
LLOYDS BANK COMMERCIAL FINANCE LIMITED
ASHCOURT PROPERTIES LIMITED
Change History
Active
Private Limited Company
5 BANKSIDE
HULL
CompanyRankvs 73+ SIC 22230 peers50
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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
The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability
Key FinancialsYear ending 31/07/2025
Net Worth
£856k
Balance sheet strength
Cash
£105k
Cash in the bank
Net Current Assets
£390k
Working capital
Current Assets
£1.8M
Current Liabilities
£1.5M
Fixed Assets
£2.0M
Debtors
£722k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.27 | +£55k |
| 2024 | 1.46 | -£18k |
| 2023 | 1.90 | — |
Derived from filed accounts. Not audited figures.