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Modus Accountants Limited

11108267

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

UNIT 1C, EAGLE INDUSTRIAL ESTATE, WITNEY, OX28 4YR
Incorporated 12/12/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities

Officers

Mr Mark Gerald Spolander

director · Since 12/12/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 3 other boards

Mrs Samantha Louise Newport

director · Since 05/07/2021

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 41

Persons with Significant Control

Mr Mark Gerald Spolander

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-trust
voting-rights-25-to-50-percent-as-firm
right-to-appoint-and-remove-directors-as-firm
significant-influence-or-control-as-firm

British · United Kingdom · Age 44

Unit 1c, Eagle Industrial Estate, Church Green, Witney, OX28 4YR

Notified 12/12/2017

Mms Business Limited

75–100% shares
75–100% votes
Appoint directors

Unit 1c Eagle Industrial Estate, Church Green, Witney, OX28 4YR

Reg: 05509431 · United Kingdom Companies Registry · Limited Company

Notified 31/01/2021

Charges0 outstanding

Charge
satisfied

KANNDO LIMITED

Created 28/06/2023Registered 29/06/2023Satisfied 14/03/2025

CompanyRankvs 21883+ SIC 69201 peers
49

Financial strength35th percentile among SIC peers · 9/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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21883Modus Accountants Limited
48
How is this score calculated?
Financial strength9/25 pts

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

Employees14/15 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.

Longevity9/15 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

£480

Balance sheet strength

Cash

£116k

Cash in the bank

Net Current Assets

-£385k

Working capital

Current Assets

£297k

Current Liabilities

£683k

Fixed Assets

£600k

Debtors

£181k

11avg. employees+2

Tax at Year End(2022)

Corp tax£41k
VAT£19k

Director Loans(2022)

Company owes directors£7k

Balance Sheet

Intangible assets£596k
Assets less current liabilities£215k
Signed by M Spolander 30 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.44——
20231.13-£26k—
20220.98+£29k£386k
20210.89+£25k£524k
20200.78—£232k
20190.96——
20180.94——

Derived from filed accounts. Not audited figures.