Modular Safety Systems Limited

Modular Safety Systems Ltd, based in Bristol, UK, is a small, active company founded fifteen years ago. With 32 employees and £4,534,096 in assets, it’s a family business led by five directors and two owners, boasting a perfect 5.0 Google rating from a single review. The company irregularly imports iron or steel products, with its last import operation occurring in July 2022.

The company’s website, Modsafe, positions itself as a leader in modular safe access solutions for the construction, infrastructure, and building maintenance industries. It operates through several brands, including Ezi Klamp (specializing in handrail systems) and KATT Safety (offering fall protection systems). Modsafe provides a comprehensive range of modular solutions, emphasizing safety and quality. The website highlights project case studies, client testimonials, and a commitment to making access to industry safer.

Financially, Modular Safety Systems Ltd shows some concerning trends. While revenue remained stable, net assets decreased by 11% to £2,400,000. Cash bank on hand dropped significantly by 41% to £210,000, and bank borrowings decreased by 23% to £1,200,000. Creditors also decreased by 9.8% to £2,100,000. The company’s employee count increased by 38% to 44, which may be a result of increased demand. The company is exempt from an audit, so the figures are unaudited. It’s a small company, meeting two of the three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The increase in employee count, alongside the decrease in cash reserves, suggests the company is investing in growth, but it will need to manage its finances carefully.

Registered in England/Wales under the registration number 07024876, with a registered address at BS32 4QA, England, Bristol, 200 The Quadrant Ash Ridge Road, Bradley Stoke.

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