MODEX ENERGY RENTALS LLC
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Cash
£10K
USD 13,591
0% vs 2023
Net assets
£10M
USD 12,847,403
-0.3% vs 2023
Employees
—
Average over period
Profit before tax
-£25K
USD -33,901
+67.1% vs 2023
Net assets
2-year trend · vs Unclassified median
Accounts
2-year trend · latest reflected 2024-07-31
| Metric | Trend | 2023-07-31 | 2024-07-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | -£77,008 | -£25,343 | |
| Profit before tax | -£77,008 | -£25,343 | |
| Net profit | -£77,008 | -£25,343 | |
| Cash | £10,160 | £10,160 | |
| Total assets less current liabilities | — | — | |
| Net assets | £9,629,441 | £9,604,099 | |
| Equity | £9,629,442 | £9,604,099 | |
| Average employees | — | — | |
| Wages | — | — | |
| Directors' remuneration | — | — |
Figures converted to GBP from USD at 0.748 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-07-31 vs 2023-07-31
-
Turnover
—
Not reported
-
Cash
0%
£10,160 £10,160
-
Net assets
-0.3%
£9,629,441 £9,604,099
-
Employees
—
Not reported
-
Operating profit
+67.1%
-£77,008 -£25,343
-
Profit before tax
+67.1%
-£77,008 -£25,343
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
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Audit opinion
- Unaudited (audit-exempt)
- Going concern
- Affirmed
“Having assessed the Company's financial position and prospects at the time of approving the financial statements, including consideration of reasonably possible downside sensitivities, we are satisfied that the Company has appropriate resources to continue to operate in the ordinary course for at least twelve months from signing the financial statements. Accordingly, the financial statements are prepared on a going concern basis.”
Group structure
- MODEX ENERGY RENTALS LLC · parent
- Modex Energy Rentals Singapore Pte Limited 100%
- Modex USA Holding, Inc 100%
- Modex LLC 100%
Significant events
- “On 19 March 2025, it was announced that funds managed by Apollo affiliates (the "Apollo funds") have agreed to acquire a majority stake in OEG Energy Group Limited from the Power Opportunities Fund of Oaktree Capital Management, LP ("Oaktree") and other investors. The transaction was subject to satisfaction of certain closing conditions, including regulatory approvals, and completed on 12 June 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HEITON, John Miller | Director | 2023-01-18 | Oct 1976 | British |
Ownership
Persons with significant control
Filing timeline
Last 6 of 6 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-08-20 | AA | accounts | Accounts with accounts type full | |
| 2024-06-21 | AA | accounts | Accounts with accounts type full | |
| 2024-01-18 | AA | accounts | Accounts with accounts type full | |
| 2023-01-18 | OS-PAR | annual-return | Appointment at registration of person authorised to represent | |
| 2023-01-18 | OS-PAR | annual-return | Appointment at registration of person authorised to accept service | |
| 2023-01-18 | OSIN01 | incorporation | Register overseas company |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.