MODULAR SYSTEMS LTD Financials
- Company number
- 10266016CopyCopy
- Registered office
- 5 Bankside, Hull HU5 1AP
- Incorporated
- 06/07/2016
Company snapshot
- Status
- Active
- Employees
- 25 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
6.91%vs 20242024: £800.82K
Total Assets
20.59%vs 20242024: £4.81M
Cash in Bank
-20.53%vs 20242024: £131.64K
Total Liabilities
19.30%vs 20242024: £2.49M
Employees
-5vs 20242024: 30
In 2025, MODULAR SYSTEMS LTD reported net assets of £856.18K. The same filing shows total assets of £5.80M, cash in bank of £104.61K and total liabilities of £2.97M. Reported headcount was 25 in 2025. Total Assets rose from £4.81M in 2024 to £5.80M in 2025 (20.59%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
6.91%from £800.82K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MODULAR SYSTEMS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+4.6%vs 2023+2.3% a year compound (CAGR)
Cash in Bank
-82.9%vs 2023-58.7% a year compound (CAGR)
Total Assets
+24.5%vs 2023+11.6% a year compound (CAGR)
Total Liabilities
+1.7%vs 2023+0.9% a year compound (CAGR)
Employees
-41.9%vs 2023-18Biggest increase
Total Assets+24.5%
£4.66M in 2023 to £5.80M in 2025
Biggest decrease
Cash in Bank-82.9%
£612.05K in 2023 to £104.61K in 2025
MODULAR SYSTEMS LTD's filings pull in both directions between 2023 and 2025. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MODULAR SYSTEMS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 14.76%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 51.14%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 3.53%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.80%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MODULAR SYSTEMS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 657.74K | 745.81K | 818.87K | 800.82K | 856.18K |
| Total Assets£ | 3.48M | 3.70M | 4.66M | 4.81M | 5.80M |
| Cash in Bank£ | 405.21K | 183.95K | 612.05K | 131.64K | 104.61K |
| Total Liabilities£ | 2.23M | 2.67M | 2.92M | 2.49M | 2.97M |
| Employees | 43 | 43 | 43 | 30 | 25 |
MODULAR SYSTEMS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MODULAR SYSTEMS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MODULAR SYSTEMS LTD reported net assets of £856.18K for 2025. That compares with £800.82K in 2024, a change of 6.91%.
MODULAR SYSTEMS LTD reported total assets of £5.80M for 2025. That compares with £4.81M in 2024, a change of 20.59%.
MODULAR SYSTEMS LTD reported cash in bank of £104.61K for 2025. That compares with £131.64K in 2024, a change of -20.53%.
MODULAR SYSTEMS LTD reported 25 employees in 2025, compared with 30 in 2024.
Between 2023 and 2025, MODULAR SYSTEMS LTD's net assets rose by 4.6%, cash in bank fell by 82.9%, total assets rose by 24.5% and total liabilities rose by 1.7%. Net assets compounded at 2.3% a year across the two years to 2025, from £818.87K to £856.18K. Reported headcount went from 43 in 2023 to 25 in 2025 (-18).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.