Modus Research And Innovation Limited in Edinburgh, EH3 7PE

Description

Data updated on: 01-11-2023

Modus Research And Innovation came into being in 2017 as a company enlisted under no SC555652, located at EH3 7PE Edinburgh at 7-11 Melville Street. This company has been in business for seven years and its last known state is active. The company's SIC and NACE codes are 74909 which means Other professional, scientific and technical activities not elsewhere classified. The company's most recent accounts were submitted for the period up to 2022/07/31 and the latest confirmation statement was released on 2023/01/24.

On 2017/08/04, the enterprise was searching for a Research and Innovation Project Manager to fill a position in Dundee. They offered a job with wage from £25000.00 to £30000.00 per year.

Neil S., Bridget G. and Cordelia L. are the company's directors and have been doing everything they can to make sure everything is working correctly since Wednesday 1st January 2020.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2018-07-31	2019-07-31	2020-07-31	2021-07-31	2022-07-31	2023-07-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP

Balance Sheet
Cash Bank On Hand	188 941	280 507	425 815	315 201	535 718	1 373 186
Current Assets	272 139	382 084	542 893
Debtors	83 198	101 577	117 078	85 299	119 931	53 774
Net Assets Liabilities	70 952	182 555	260 450	225 856	274 920	273 926
Other Debtors	800	800	5 071	18 223	11 633	16 997
Property Plant Equipment	5 420	4 072	1 368	557	202	3 496

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	4 261	8 581	9 253	10 064	6 663	7 710
Average Number Employees During Period		11	9	6	5	7
Cash On Hand			425 815	315 201	535 718	1 373 186
Corporation Tax Payable					3 123
Corporation Tax Recoverable	7 618	15 092	22 177	27 007	23 212	18 444
Creditors	205 686	202 909	283 551	175 062	380 880	1 156 530
Disposals Decrease In Depreciation Impairment Property Plant Equipment					-3 756	-2 261
Disposals Property Plant Equipment					-3 756	-2 261
Future Minimum Lease Payments Under Non-cancellable Operating Leases	12 800	14 324	10 032	5 928	456	11 950
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss			432	121	88	51
Increase From Depreciation Charge For Year Property Plant Equipment		4 320	1 879	811	355	3 308
Net Current Assets Liabilities	66 453	179 175	259 342
Net Deferred Tax Liability Asset		692	260	139	51
Other Creditors	184 689	199 742	279 687	168 662	353 010	1 156 530
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment			1 207
Other Disposals Property Plant Equipment			2 032
Other Provisions Balance Sheet Subtotal			260	139	51
Other Taxation Payable					3 123
Other Taxation Social Security Payable	23 079	1 041
Property Plant Equipment Gross Cost	9 681	12 653	10 621	10 621	6 865	11 206
Provisions			260	139	51
Taxation Including Deferred Taxation Balance Sheet Subtotal	921	692	260
Total Additions Including From Business Combinations Property Plant Equipment		2 972				6 602
Total Assets Less Current Liabilities	71 873	183 247	260 710
Trade Creditors Trade Payables	-2 082	2 126	3 864	6 400	24 747
Trade Debtors Trade Receivables	74 780	85 685	89 830	40 069	85 086	18 333
Useful Life Property Plant Equipment Years				2	2	2

Company staff

Neil S.

Role: Director

Appointed: 01 January 2020

Latest update: 24 February 2024

Bridget G.

Role: Director

Appointed: 03 May 2018

Latest update: 24 February 2024

Cordelia L.

Role: Director

Appointed: 25 January 2017

Latest update: 24 February 2024

People with significant control

Executives with significant control over this firm are: Neil S. has substantial control or influence over the company. Cordelia L. has substantial control or influence over the company. Bridget G. has substantial control or influence over the company.