Modentum Ltd

Modentum Ltd is a small, active company from London, UK, founded five years ago. With just two employees and £29,803 in assets, it operates as a family business from a virtual address. The company is led by two directors and two owners, Williams Helen and Williams Rob Jonathan.

Modentum Ltd’s website reveals a focus on investment management. MGIM, as it's branded, aims to build and protect clients’ financial dreams, offering services ranging from strategic asset allocation to responsible investing. The site features articles, market updates, and a chart of the week, showcasing its expertise and engaging with potential investors. It caters to institutional, financial advisor, and individual investors, offering fund solutions and a range of investment options.

Financially, Modentum Ltd’s recent report paints a mixed picture. Cash bank holdings increased dramatically, jumping 300% to £29,000, while current assets also saw a substantial rise, up 280% to £30,000. However, retained earnings accumulated losses decreased by a significant 580%, falling to £22,000. Creditors increased by 75%, reaching £8,600, and other taxation social security payable jumped to £3,500. The company’s property, plant, and equipment has also seen a considerable increase, with computer equipment rising 3.5% and furniture fittings increasing 12%. It's clear that the company is growing, but the decrease in equity suggests a need to manage finances carefully. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Registered in England/Wales under the registration number 12003970, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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