Moderix Ltd
- Active
- Small
- 12 years
- Accounts overdue 8 months
- 7 employees
- £107,990 (cur assets)
- 0-1m
- Regular importer
- Real address
- 1 director
- 1 owner
- Cardiff
- Rating 3.0 (35)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Moderix Ltd, based in Cardiff, UK, is a small, active company established eleven years ago. With seven employees and £107,990 in assets, it operates from a real address and is led by a single director and owner. The business boasts a 3.0 Google rating based on 35 reviews and regularly imports miscellaneous metal items, with 57 months of import activity recorded, the last in October 2024. It operates in the other retail sale not in stores, stalls or markets industries.
The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. Without a website, it’s likely that Moderix Ltd primarily relies on wholesale or direct sales channels.
Financially, Moderix Ltd presents a concerning picture. Accumulated depreciation impairment property plant equipment increased by 4.9% to £4,500, while the average number of employees during the period rose by a significant 29.0% to nine. Cash bank on hand has plummeted by a staggering 84.0%, dropping to just £7,500. Creditors have also increased substantially, with both short-term and long-term obligations rising by 50.0% and 92.0% respectively. Current assets have fallen by 60% to £110,000, and equity has taken a massive hit, dropping 940% to -£320,000. The company’s net assets and net current assets liabilities have also gone negative.
Despite these challenges, the company’s fixed assets have slightly decreased by 52.0%, and trade creditors have decreased by 46.0%. It’s a small company, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is not unusual for a small company, and the unaudited figures rely on director-reported data.
In short, Moderix Ltd is facing significant financial pressures, with declining cash reserves and mounting debts. The company's ability to sustain operations will depend on its ability to improve sales and manage its expenses effectively.
Registered in England/Wales under the registration number 08581432, with a registered address at CF14 8LH, Cardiff, 08581432 - COMPANIES HOUSE DEFAULT ADDRESS.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 1 year
- 19
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 19
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Compulsory strike-off action has been suspendedDownload 1 page pdf report
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
-
Address of person with significant control Mr Peter Kelly changed to 08581432 - Companies House Default Address, PO Box 4385, Cardiff, CF14 8LH on 2025-05-12Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Moderix Ltd
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