Modatek Ltd

Modatek Ltd, based in Northampton, UK, is a small, family-run business with an active trading status. Founded eleven years ago in 2013, the company holds £49,386 in assets and operates from a real address. With two directors and two owners, it’s a tightly managed operation. The firm is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just two months of import activity recorded, the latest in February 2024. It’s also a regular exporter of the same goods, boasting seven months of export activity, the last in January 2025.

The company operates in the engineering related scientific and technical consulting activities industries. Its website is currently unavailable, so it’s difficult to determine if it operates an e-commerce site or focuses on business-to-business services. The lack of a website suggests a more traditional, offline approach to sales and marketing.

Financially, Modatek Ltd presents a mixed picture. Current assets have increased by 11% to £49,000, while net assets have increased by 43% to £8,400. However, cash reserves have decreased by 8% to £27,000, and bank borrowings have increased. Trade debtors have risen significantly by 97%, suggesting potential delays in customer payments. Creditors have also increased by 4%, indicating a need to manage short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in debtors warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Modatek Ltd is showing signs of growth, but it’s important to monitor its cash flow and manage its debtors effectively. The company’s focus on engineering-related services and its family-run structure suggest a stable, long-term business—though the lack of an online presence could limit its potential for expansion.

Registered in England/Wales under the registration number 08819945, with a registered address at NN5 6RZ, Northampton, 25 Hawkstone Close, Duston.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.