Modo Energy Limited
11998983
Healthy
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
31/10/2024
total exemption full
Next accounts due
31/07/2026
Confirmation statement
Last: 10/06/2025
Due 24/06/2026
Industry
Officers
director · Since 16/05/2019
DIRECTOR
BRITISH · UNITED STATES · Age 35
Also on 1 other board
director · Since 26/11/2019
ENGINEER
BRITISH · UNITED KINGDOM · Age 35
Also on 1 other board
director · Since 03/05/2022
INVESTMENT MANAGER
BRITISH · ENGLAND · Age 37
Also on 1 other board
director · Since 25/10/2023
PARTNER, VENTURE CAPITAL
BRITISH · UNITED KINGDOM · Age 40
Also on 3 other boards
director · Since 05/12/2025
BRITISH · UNITED KINGDOM · Age 37
Also on 7 other boards
Persons with Significant Control
Former PSCs
Mr Quentin Dominic Mason Scrimshire
Ceased 25/10/2023
Mr Timothy Andrew Overton
Ceased 25/10/2023
Charges2 outstanding
Canadian Imperial Bank of Commerce
None.
Canadian Imperial Bank of Commerce
The intellectual property charged by the chargor including its trademark "modo energy" registered in the united kingdom under registration number UK00003442137 and its trademark "modo" registered in the united kingdom under registration number UK00003458763. For further details of the intellectual property charged, please refer to the charging instrument.
CompanyRankvs 690+ SIC 63110 peers72
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
£6.2M
Balance sheet strength
Cash
£3.6M
Cash in the bank
Net Current Assets
£5.6M
Working capital
Current Assets
£8.3M
Current Liabilities
£2.7M
Fixed Assets
£626k
Debtors
£4.7M
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 3.09 | -£2.5M | £2.3M |
| 2023 | 2.91 | +£6.1M | £839k |
| 2022 | 5.06 | +£2.4M | £839k |
| 2021 | 7.94 | +£193k | — |
| 2020 | 12.75 | — | — |
Derived from filed accounts. Not audited figures.