Modula Storage Solutions Limited
- Active
- Small
- 9 years
- 4 employees
- £2,572,765 (cur assets)
- 1m-15m
- Regular importer
- Virtual address
- 3 directors
- 1 owner
- London
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
Summary
Modula Storage Solutions Ltd from London UK: a small, active company founded nine years ago, employs four people, and holds £2,572,765 in assets. Operating from a virtual address—with seventy-nine other companies registered at the same location—it’s managed by three directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 58 months of import activity recorded.
The company’s website, modulasolutions.co.uk, showcases a focus on the installation of industrial machinery and equipment. While not a traditional e-commerce site, it highlights the company’s expertise in storage solutions, particularly automated systems for warehouses and factories. It’s a B2B operation, targeting manufacturers and logistics providers rather than individual consumers.
Financially, Modula Storage Solutions Ltd presents a mixed picture. Current assets have decreased by 15%, falling to £2,600,000, while net assets have increased by 35%, reaching £970,000. Cash reserves have taken a hit, dropping 40% to £1,300,000, and bank borrowings have surged by 51%, reaching £590,000. Trade debtors have also increased significantly, rising 73% to £960,000, suggesting potential delays in customer payments. Creditors have decreased by 31%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are audited by Belluzzo Audit Limited.
The increase in bank borrowings and the decrease in cash reserves, while concerning, could be linked to investments in new equipment or expansion of operations. The rise in trade debtors might indicate a shift in payment terms with key clients. The company’s focus on industrial machinery installation suggests a relatively stable market, but the increased competition in the storage solutions sector could be impacting its profitability. The accounts show a net loss of £23,000, which is a worrying trend.
Registered in England/Wales under the registration number 10102864, with a registered address at WC2N 5NG, England, London, 38 Craven Street.
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
- 8 years
- 75%+
-
Resident of Italy
Managers
-
Individual
- 6 years
-
Resident of Italy
-
Individual
- 8 years
-
Resident of Italy
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Accounts for a small company made up to 2024-12-31Download 9 pages pdf report
-
Confirmation statement made on 2025-04-04 with updatesDownload 4 pages pdf report
-
Confirmation statement made on 2024-04-04 with updatesDownload 4 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
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 Modula Storage Solutions Limited
Looking for leads in the UK?
Book a demo—see how CorpSignals can help you find UK leads.