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Modular Conveyor Systems Limited

14490143

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

6 CLINTON AVENUE, NOTTINGHAM, NG5 1AW
Incorporated 17/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Jamie-Lee Mcginn

director · Since 17/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 38

Persons with Significant Control

Mr Jamie-Lee Mcginn

25–50% shares
25–50% votes

British · United Kingdom · Age 38

6, Clinton Avenue, Nottingham, NG5 1AW

Notified 17/11/2022

Former PSCs

Mr Paul Eden

Ceased 11/03/2025

Mr Paul Crew

Ceased 11/03/2025

CompanyRankvs 19906+ SIC 74909 peers
67

Financial strength74th percentile among SIC peers · 19/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees13/15 pts

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

Liquidity16/20 pts

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

Longevity4/15 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

£34k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£110k

Current Liabilities

£67k

Fixed Assets

£6k

3avg. employees

Balance Sheet

Assets less current liabilities£53k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20241.66+£49k
20230.77

Derived from filed accounts. Not audited figures.