Modo Creative Limited

Modo Creative Ltd from Keighley UK: a small, active company established 14 years ago, employs eight people, and holds £95,196 in assets. It’s a real address, managed by two directors and owners, and operates as a family business with an e-commerce site and a stellar 5.0 Google rating based on twelve reviews. They regularly import musical instruments and parts, with the last import operation recorded four months ago.

The company's website, Modo Creative, showcases a wide range of homeware and gifts, all designed and made in Haworth, Yorkshire. They offer everything from personalized signs to teddy bears and even cake toppers, catering to various occasions and styles. The site boasts an extensive currency converter, allowing customers from around the globe to easily browse and purchase items. They also have a physical shop in Haworth, which is open on Thursdays, Fridays, Saturdays, and Sundays.

Financially, Modo Creative Ltd presents a mixed picture. Current assets remained stable at £95,000, however, cash reserves dropped significantly by 90% to -£26,000. Bank borrowings decreased by 43%, settling at £15,000, while trade debtors increased by a staggering 130%, reaching £16,000. Creditors also rose by 27%, totaling £8,800. 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 maintain flexibility, but the sharp drop in cash reserves raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s focus on handmade, bespoke items and its strong online presence suggest a commitment to quality and customer service. However, the financial data indicates a need to manage cash flow and potentially explore new revenue streams to ensure long-term sustainability.

Registered in England/Wales under the registration number 07591917, with a registered address at BD22 8LL, Keighley, West Yorkshire, 11 Prince Street, Haworth.

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