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Modus Rail Ltd

12831700

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

249 CRANBROOK ROAD, ILFORD, IG1 4TG
Incorporated 24/08/2020

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 23/10/2025

Due 06/11/2026

On track

Industry

41100
Development of building projects
42120
Construction of railways and underground railways
43290
Other construction installation
78300
Human resources provision and management of human resources functions

Officers

Mr Andrew William Pickering

director · Since 24/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Also on 3 other boards

Mr Matthew Potter

director · Since 24/08/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Persons with Significant Control

Modus Infrastructure Limited

75–100% shares

249, Cranbrook Road, Ilford, IG1 4TG

Reg: 16286989 · England & Wales · Limited

Notified 17/03/2025

Former PSCs

Mr Andrew William Pickering

Ceased 17/03/2025

Mr Adam Christopher Bell

Ceased 25/02/2021

Mr Matthew Potter

Ceased 17/03/2025

Charges1 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 18/06/2025Registered 19/06/2025

CompanyRankvs 30021+ SIC 41100 peers
47

Financial strength37th percentile among SIC peers · 9/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.25× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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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.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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.

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 31/03/2025

Net Worth

£100

Balance sheet strength

Cash

£79k

Cash in the bank

Net Current Assets

£208k

Working capital

Current Assets

£1.0M

Current Liabilities

£820k

Fixed Assets

£78k

Debtors

£948k

26avg. employees+16

Tax at Year End

Corp tax£502k

Balance Sheet

Assets less current liabilities£286k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20251.25
20242.38
20231.75
20221.53

Derived from filed accounts. Not audited figures.