Modular Property Limited

Modular Property Limited, based in Horsham, UK, is a small, active company founded nine years ago. With four employees and £752,872 in assets, it operates from a virtual address, managed by three directors and one owner. The company regularly imports miscellaneous metal items, with 58 months of import activity recorded. It’s a wholesale business operating within the wood, construction materials, and sanitary equipment industries.

The company’s website, Stelling Properties, showcases its focus on modular construction, offering solutions for student accommodation, temporary housing, residential homes, hotels, aparthotels, and later living communities. It positions itself as a leading property developer and offsite manufacturer, specializing in modular construction across the entire development cycle, from land sourcing to property management. The website highlights case studies and awards, emphasizing its expertise and collaborative approach.

Financially, Modular Property Limited presents a mixed picture. Cash bank holdings decreased significantly by 50%, falling to £160,000, while creditors dropped by 42%, settling at £210,000. Current assets, however, saw a healthy 55% increase to £750,000, and net assets rose by 18% to £2.7 million. Trade debtors surged by 270%, reaching £590,000, suggesting a possible shift in payment terms or increased sales on credit. Borrowings, however, experienced a dramatic 100% decrease to just £1,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, indicating exemption as a small company.

Overall, Modular Property Limited seems to be navigating a period of change, with increased sales potentially driving up debtors, but also requiring careful management of cash flow. The focus on modular construction and diverse sectors—from student housing to hotels—suggests a strategy for growth, though the financial data warrants close monitoring.

Registered in England/Wales under the registration number 09759991, with a registered address at RH12 1AT, England, Horsham, West Sussex, Solo House The Courtyard, London Road.

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