Modular Wiring Systems Ltd

Modular Wiring Systems Ltd, based in Chesterfield, UK, is a small, active company founded ten years ago in 2014. Employing twenty people and holding £605,091 in assets, it’s a well-established player in its sector. With two directors and two owners, and a perfect 5.0 Google rating from six reviews, the company enjoys a strong reputation. It’s a regular importer of electrical machinery and equipment, with 40 months of import activity recorded, the last in December 2024.

The company’s website highlights its focus on modular wiring solutions for commercial projects. It’s an international organization specializing in promoting this concept, boasting over 20 years of experience. Case studies showcase high-profile projects like the London Development Project, The Cheesegrater, and The Shard—demonstrating its involvement in major construction endeavors. It partners with trusted manufacturers and offers a range of services, including pre-fabricated power and lighting distribution systems.

Financially, Modular Wiring Systems Ltd presents a mixed picture. Creditors increased by 11%, while bank borrowings doubled to £280,000, suggesting increased reliance on external financing. Cash reserves, however, decreased by 70%, falling to £17,000—a significant drop. Trade debtors also increased by 31%, potentially indicating challenges in collecting payments. Despite these pressures, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The company is exempt from an audit, so the numbers are unaudited.

Overall, Modular Wiring Systems Ltd appears to be navigating a period of change. While its project portfolio and customer reviews are impressive, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 09310972, with a registered address at S42 5UW, Chesterfield, Derbyshire, Unit 1 Park Road, Holmewood Industrial Park.

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