Back to search

Modula Electrical Ltd

13790596

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 30, DERBY, DE24 8UJ
Incorporated 08/12/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Anthony Patrick Falvey

director · Since 08/12/2021

CHIEF EXECUTIVE

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Anthony Patrick Falvey

25–50% shares
25–50% votes
Appoint directors

British · England · Age 48

Unit 30, Longbridge Lane, Derby, DE24 8UJ

Notified 08/12/2021

Modula Group Holdings Limited

75–100% shares

30, Longbridge Lane, Derby, DE24 8UJ

Notified 13/06/2024

CompanyRankvs 41111+ SIC 43210 peers
25

Financial strength1th percentile among SIC peers · 0/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.16× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength0/25 pts

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

Employees3/15 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.

Longevity5/15 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 30/11/2024

Net Worth

-£138k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£61k

Working capital

Current Assets

£12k

Current Liabilities

£73k

Fixed Assets

£171

Debtors

£13k

1avg. employees

Balance Sheet

Bank loans & overdrafts£78k
Assets less current liabilities-£60k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.16-£134k
202327.29

Derived from filed accounts. Not audited figures.