Modev Developments Limited
10661987
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/03/2017
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 3 other boards
Persons with Significant Control
Mr Jarnail Singh Athwal
British · England · Age 53
Wendover, Radford Lane, Wolverhampton, WV4 4XW
Notified 09/03/2017
Former PSCs
Ms Kayranjeet Kaur Bram
Ceased 20/05/2020
CompanyRankvs 31109+ SIC 41100 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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/03/2025
Net Worth
-£10k
Balance sheet strength
Cash
£17
Cash in the bank
Net Current Assets
£21k
Working capital
Current Assets
£29k
Current Liabilities
£7k
Debtors
£29k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.98 | -£1k |
| 2024 | 5.10 | -£2k |
| 2023 | 87.47 | -£4k |
| 2022 | 94.59 | +£3k |
| 2021 | 5.24 | -£572 |
| 2020 | 0.28 | -£638 |
| 2019 | 0.31 | — |
Derived from filed accounts. Not audited figures.