−£1.83m
vs Aug 2024ActiveSC496160Private limited companyGlasgow
MODO SYSTEMS LIMITED
D40/10001
Summary
MODO SYSTEMS LIMITED is an active private limited company (company number SC496160) incorporated on 28 January 2015, registered in Glasgow. Its registered activity is retail sale of computers, peripheral units and software in specialised stores (SIC 47410). Latest small accounts cover the period ending 31 August 2025, showing net assets of −£1.83m and cash of £60, with 4 employees on average. Net assets fell 9% on the prior period (−£1.68m). Across the last 3 periods on record the net-asset trend is falling.
Peer position · net assets
By net assets it sits in the bottom quarter of 1,900 comparable companies in the UK (median £1,350, upper quartile £21k).
02
Key dates
- Incorporated
- 28 January 201511 yrs ago
- Next accounts due
- 31 May 2027in 221 days
- Confirmation statement due
- 11 February 2027in 112 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 47410
- Retail sale of computers, peripheral units and software in specialised stores
- Accounts type
- Total Exemption Full
- Size band
- MicroCompanies Act thresholds
04
Financials
£60
−50%vs Aug 2024Not reported
4
No changevs Aug 2024| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 August 2025 | −£1.83m | £60 | £9,577 | £1.84m | — | — | 4 |
| 31 August 2024 | −£1.68m | £120 | £13k | — | — | — | 4 |
| 31 August 2023 | −£1.48m | £2,226 | £9,755 | — | — | — | 3 |
Current ratio0.01Current liabilities exceed current assets
Cash per employee£15Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
40 / 100 · grade D
| 50 | Starting scoreEvery scored company starts here |
| −15 | Negative net assetsNet assets £-1,826,789 at 2025-08-31 |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.01 |
| +5 | Multi-year filing history3 periods on record |
| +8 | EstablishedIncorporated 2015-01-28 (12 years) |
| 40 | Score, grade D |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Modo Holdings Limited
- owns 75–100% of shares
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Next accounts duein 221 days
- Confirmation statement duein 112 days
- Accounts period endNet liabilities £1.83m · small accounts
- Accounts period endNet liabilities £1.68m · small accounts
- Accounts period endNet liabilities £1.48m · small accounts
- Incorporated
08
Similar companies in Glasgow
09
Reminders for MODO SYSTEMS LIMITED
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.