MODULR FINANCE LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Board is satisfied that it is appropriate for the company to draw up financial statements on the going concern basis. The Board considers that the parent company has confirmed its continued operational and financial support to ensure that the company continues to meet its obligations for the foreseeable future and not less than 12 months from the date of this report.”

Significant events

• “During 2024 Modulr intensified its focus on these segments and ceased active marketing into legacy sectors including crypto companies, remittance firms, and consumer banking. This was driven by Modulr's strategy to focus on where it can add the most value, and to avoid sectors that place too much of a compliance or cost-to-serve risk on the business. This led to some customers who were unable to meet our risk and compliance requirements being offboarded in 2024 and 2025.”
• “In December 2024, the Group announced our community partnership with youth charity, OnSide, and became a founder patron of WEST Youth Zone in White City, London. WEST provides young people with a safe, inspiring place to go, grow and develop.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -15.1%

  £36,630,017 → £31,083,734

• Cash

  +330.8%

  £2,000,427 → £8,617,433

• Net assets

  +0.1%

  -£11,360,480 → -£11,346,237

• Employees

  +9.8%

  183 → 201

• Operating profit

  +126.3%

  -£1,322,501 → £347,765

• Profit before tax

  +101%

  -£1,446,464 → £14,243

• Wages

  -3.6%

  £14,295,484 → £13,777,041

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers