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Creditors' voluntary liquidation · 21 March 2024

Modulous

Construction · London · Greater London

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What happened

MODULOUS LIMITED (company number 11523631), incorporated in 2018, entered creditors' voluntary liquidation on 21 March 2024. Its status at Companies House is now: dissolved.

The directors and shareholders decide to close an insolvent company. A liquidator sells its assets and shares the proceeds among creditors.

Timeline

The last accounts and payment report before the failure, then what happened, with the time between each.

  1. 31 December 2022

    Last accounts filed were made up to this date

    15 months later

  2. 21 March 2024

    Creditors' voluntary liquidation started (shareholders resolved to wind up)

    17 months later

  3. 20 August 2025

    Company dissolved

AccountsPayment reportInsolvency

Before it failed

Key figures

Turnover in its last accounts, year to Dec 2022
£92k
Accounts at Companies House
Loss before tax, year to Dec 2022
£10.0m
Accounts at Companies House
Net assets, year to Dec 2022
£2.9m
Accounts at Companies House
Owed to unsecured creditors (estimated), as at 12 March 2024
£3.0m
of which trade creditors £1.1m. HMRC owed £987k. a further £2.1m owed to its lenders. Expected return to unsecured creditors: none expected
Statement of affairs (liquidation)

The last accounts filed were small company accounts made up to 31 December 2022, 15 months before it failed.

The full filing history, including any late filings, charges and director changes, is on Companies House.

Lessons learned report

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