MODUS WORKSPACE LIMITED Financials
- Company number
- 06839982CopyCopy
- Registered office
- Tide Building, 8 Emerson Street, London SE1 9DU
- Incorporated
- 09/03/2009
Company snapshot
- Status
- Active
- Employees
- 80 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
15.86%vs 20232023: £8.37M
Total Assets
10.34%vs 20232023: £30.88M
Cash in Bank
44.04%vs 20232023: £11.98M
Total Liabilities
8.28%vs 20232023: £22.51M
Employees
-6vs 20232023: 86
In 2024, MODUS WORKSPACE LIMITED reported net assets of £9.70M. The same filing shows total assets of £34.07M, cash in bank of £17.25M and total liabilities of £24.37M. Reported headcount was 80 in 2024. Cash in Bank rose from £11.98M in 2023 to £17.25M in 2024 (44.04%). Okredo holds filed figures for 2022–2024; 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
15.86%from £8.37M in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures MODUS WORKSPACE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+24.6%vs 2022+11.6% a year compound (CAGR)
Cash in Bank
+58.2%vs 2022+25.8% a year compound (CAGR)
Total Assets
+12.8%vs 2022+6.2% a year compound (CAGR)
Total Liabilities
+8.8%vs 2022+4.3% a year compound (CAGR)
Employees
-2.4%vs 2022-2Biggest increase
Cash in Bank+58.2%
£10.91M in 2022 to £17.25M in 2024
Biggest decrease
Employees-2.4%
82 in 2022 to 80 in 2024
MODUS WORKSPACE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MODUS WORKSPACE LIMITED'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
- 28.47%2024
- 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
- 71.53%2024
- 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
- 70.78%2024
- 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
- 50.63%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £1.35M2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MODUS WORKSPACE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 7.79M | 8.37M | 9.70M |
| Total Assets£ | 30.19M | 30.88M | 34.07M |
| Cash in Bank£ | 10.91M | 11.98M | 17.25M |
| Total Liabilities£ | 22.41M | 22.51M | 24.37M |
| Employees | 82 | 86 | 80 |
MODUS WORKSPACE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MODUS WORKSPACE LIMITED covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
MODUS WORKSPACE LIMITED reported net assets of £9.70M for 2024. That compares with £8.37M in 2023, a change of 15.86%.
MODUS WORKSPACE LIMITED reported total assets of £34.07M for 2024. That compares with £30.88M in 2023, a change of 10.34%.
MODUS WORKSPACE LIMITED reported cash in bank of £17.25M for 2024. That compares with £11.98M in 2023, a change of 44.04%.
MODUS WORKSPACE LIMITED reported 80 employees in 2024, compared with 86 in 2023.
Between 2022 and 2024, MODUS WORKSPACE LIMITED's net assets rose by 24.6%, cash in bank rose by 58.2%, total assets rose by 12.8% and total liabilities rose by 8.8%. Net assets compounded at 11.6% a year across the two years to 2024, from £7.79M to £9.70M. Reported headcount went from 82 in 2022 to 80 in 2024 (-2).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.