Modular Express Ltd

Modular Express Ltd, based in Chester, UK, is a small, active company founded 30 years ago. With just two employees and £253,379 in assets, it’s a solo-founded operation led by two directors and one owner. The company operates in the retail sale via mail order houses or via internet industries.

The website reveals a more expansive picture. Modular Express Ltd is actually part of Modular Express Group Limited, specializing in modular buildings, net-zero carbon solutions, and affordable homes. They offer cutting-edge offsite manufacturing and construction, catering to private and social housing, student accommodation, and hotels. The company emphasizes innovative designs, sustainable practices, and even participation in the Innovate UK program—a sign of ambition beyond its small size. They’re clearly targeting a growing market for eco-friendly and efficient housing solutions.

Financially, Modular Express Ltd’s numbers show some interesting trends. Cash reserves increased by 13% to £230,000, which is good news, but net assets also grew by 17% to £220,000. However, average employee numbers decreased by 50% to just one person—a significant drop. Creditors decreased by 16%, which is a positive sign of better debt management, but the decrease in employees could be a cause for concern. The company meets two of the three conditions to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is typical for small companies.

Overall, Modular Express Ltd seems to be navigating a period of change. While the core business remains active, the reduced workforce and growing assets suggest a shift in strategy—perhaps a move towards greater efficiency or a focus on higher-value projects.

Registered in England/Wales under the registration number 02962026, with a registered address at CH3 7EY, England, Chester, Sutton House Guilden Sutton Lane, Guilden Sutton.

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