Company Overview
Modular Works Limited is a Dissolved Private Limited Company.
Registered Address

5Th Floor The Union Building, 51-59 Rose Lane, Norwich, NR1 1BY
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Companies House Data
Company NameMODULAR WORKS LIMITED
Company Number10009139
Registered Office Address5th Floor The Union Building
 51-59 Rose Lane
 NR1 1BY
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date17/02/2016
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2021
Accounts Last Made Up Date31/03/2020
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date17/03/2017
Directors & Members
Show Resigned
Duncan Holmes - Director
(British, 52 years old, born June 1974)
Appointed 17 February 2016
 Active
Secretaries
Show Resigned
Other Company Directorships
Duncan Holmes
BROADS WATCH LTD
CARE PODS LTD
PAWTIONS LIMITED
SUFFOLK SPA RETREATS LTD
UK FISHING SCHOOL LTD
WENSUM CONSTRUCTION LIMITED
WENSUM DESIGN & BUILD LTD
WORLD TECHNOLOGIES LTD
ZAPP MEDIA LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2019 31-Mar-2018
Balance Sheet
Fixed Assets 41,613 51,460 66,443
Current Assets 212,530 101,261 110,992
Creditors Due Within One Year 241,653 193,336 160,758
Working Cap -29,123 -92,075 -49,766
Total Assets Less Current Liabilities 12,490 -40,615 16,677
Long-term Liabilities 8,425 16,225 30,415
Net Assets 4,065 -56,840 -13,738
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 4,065 -56,840 -13,738
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2019 31-Mar-2018
Tangible Fixed Assets - - -
Fixed Assets 16.4% 33.7% 37.4%
Stocks Inventory - - -
Debtors 9.9% 61.9% 40.2%
Cash Bank In Hand 21.7% 3.3% 21.2%
Current Assets 83.6% 66.3% 62.6%
Creditors Due Within One Year 95.1% 126.6% 90.6%
Net Current Assets Liabilities -11.5% -60.3% -28.0%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 1.6% -37.2% -7.7%
Capital Employed - - -
Total Assets Less Current Liabilities 4.9% -26.6% 9.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2019 31-Mar-2018
Liquidity Ratio 0.9 0.5 0.7
Solvency Ratio 1.0 0.7 0.9
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 2
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2020 31-Mar-2019 31-Mar-2018
Assets 254,143 152,721 177,435
Debt 250,078 209,561 191,173
Net Assets/Debt 4,065 -56,840 -13,738
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 31 January 2024
Removal of liquidator by court order
Appointment of a voluntary liquidator
Liquidators' statement of receipts and payments to 31 January 2023
Satisfaction of charge 100091390003 in full
Satisfaction of charge 100091390002 in full
Registered office address changed from Unit 1 Burlingham Business Centre, Main Ro North Burlingham, Norwich NR13 4TA England to 5th Floor the Union Building 51-59 Rose Lane Norwich NR1 1BY on 9 February 2022
Appointment of a voluntary liquidator
Statement of affairs
Resolutions
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Termination of appointment of Paul Nicholas Green as a director on 10 September 2021
Termination of appointment of Sara Jane Ferrey as a secretary on 10 September 2021
Termination of appointment of James Henry Currer Briggs as a director on 30 June 2021
Confirmation statement made on 15 October 2020 with updates
Registration of charge 100091390003, created on 18 August 2020
Registration of charge 100091390002, created on 6 August 2020
Confirmation statement made on 11 June 2020 with updates
Cessation of Pd Works Holdings Ltd as a person with significant control on 29 May 2020
Notification of Duncan Holmes as a person with significant control on 29 May 2020
Notification of Paul Green as a person with significant control on 29 May 2020
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