# 111 BY MODOU LTD (SC588880)

> 111 BY MODOU LTD is an active private limited company (company number SC588880) incorporated on 15 February 2018, registered in Glasgow. Its registered activity is licenced restaurants (SIC 56101). Latest small accounts cover the period ending 29 June 2025, showing net assets of −£13k and cash of £70k, with 0 employees on average. Net assets rose 53% on the prior period (−£27k).

- Status: Active
- Incorporated: 2018-02-15
- Registered office: Glasgow, G2 2ND
- SIC 56101: Licenced restaurants
- Next accounts due: 2027-03-29
- Confirmation statement due: 2027-03-01
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the lower half of 782 comparable companies in Glasgow (median £10, upper quartile £24k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-06-29 | −£13k | £70k | £24k | £176k | — | — | 0 |
| 2024-06-30 | −£27k | £6,201 | £147k | £264k | — | — | 0 |

current ratio 0.57; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-12,965 at 29 June 2025
- Net assets up 10% or more on the prior period: +52.6% vs prior period
- Current assets below creditors within one year: Current ratio 0.57
- Cash at bank of £50,000 or more: Cash £69,980
- Incorporated five or more years ago: Incorporated 15 February 2018

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Studio Modou Holdings Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2025-06-27

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/SC588880
HTML: https://firmoscan.com/company/SC588880-111-by-modou-ltd