Modgen Ltd

Modgen Ltd is a small, active company based in Chadwell Heath, UK, founded two years ago in October 2022. It’s a solo-founded operation with one director and owner, Arshad Muqadus, and holds a real address. The company operates in the retail sale via mail order houses or via internet industries.

The company's website reveals a much larger operation than its small size might suggest. Modgen Solutions Pvt Ltd, based in Mumbai, India, provides a wide range of IT services, including business continuity planning, datacenter services, networking, cloud solutions, security, software licensing, and monitoring. It boasts a global presence with centers in multiple countries and caters to a diverse clientele across various industries. The website emphasizes innovation and a minimalist approach to delivering cutting-edge IT solutions. It's clear Modgen isn's just a small retail operation, but a provider of complex IT services.

Financially, Modgen Ltd’s picture is a bit mixed. While it holds £10,000 in cash, it also has £25,000 in other creditors, and net assets are just £2,600. The company’s turnover is under £10.2 million, balance sheet total is under £5.1 million, and it has fewer than 50 employees—all confirming its small company status. Bank borrowings have remained steady, and creditors are relatively stable. The lack of any auditor mentioned, as is common for small companies, means these figures are unaudited. It seems like the company is managing its finances, but the low equity and reliance on creditors could be a concern.

Registered in England/Wales under the registration number 14439033, with a registered address at RM6 6AX, England, Chadwell Heath, Essex, Modgen Ltd Office 6629, 321-323 High Road.

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