MODULAR MECHANICAL SERVICES LIMITED

Executive Summary

Modular Mechanical Services Limited, a recently incorporated micro-entity in plumbing and heating installation, demonstrates a sound financial position with positive net assets and compliance with filings. While limited operating history and concentrated control warrant ongoing scrutiny, current data supports a low risk rating for solvency and liquidity. Continued monitoring of operational performance and governance is advised to ensure sustained stability.

MODULAR MECHANICAL SERVICES LIMITED - Analysis Report

Company Number: 15572056

Analysis Date: 2025-07-29 14:57 UTC

1. Risk Rating: LOW
   The company shows a solid net asset position and positive working capital with no overdue filings and no indication of financial distress. It is newly incorporated, but financial data suggests prudent management and operational viability.

2. Key Concerns:

• Limited financial history due to recent incorporation (March 2024) restricts trend analysis and long-term risk assessment.
• Small scale of operations as indicated by micro-entity status and modest fixed assets may expose it to market fluctuations and operational risks.
• Concentration of control in a single director with significant voting rights may present governance risks if not properly managed.

3. Positive Indicators:

• Healthy net current assets (£35,868) and net assets (£37,949) indicate good liquidity and solvency at year-end.
• No overdue statutory filings, demonstrating compliance with regulatory requirements.
• Experienced director in relevant trade (plumbing) and a small but sufficient workforce (average 2 employees) suggest operational focus and stability.
• Clear ownership structure with declared persons of significant control enhances transparency.

4. Due Diligence Notes:

• Review cash flow statements and bank balances to confirm liquidity beyond balance sheet figures.
• Monitor future filings for consistency and growth trends to validate sustainability.
• Assess director involvement and governance practices to ensure effective management and risk mitigation.
• Investigate client base and contract pipeline to evaluate revenue stability and market positioning.