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Flexifax Developments Limited

01340745

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

6TH FLOOR, LONDON, EC2A 2AP
Incorporated 25/11/1977

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 08/03/2025

Due 22/03/2026

Overdue

Industry

41100
Development of building projects

Officers

Mrs Jacqueline Mary Bailey

secretary · Since 08/03/1991

BRITISH · UNITED KINGDOM · Age 83

Also on 39 other boards

Mrs Jacqueline Mary Bailey

director · Since 08/03/1991

MARRIED WOMAN

BRITISH · UNITED KINGDOM · Age 83

Also on 39 other boards

Persons with Significant Control

Mr Brian Allan Bailey

25–50% shares

English · United Kingdom · Age 89

6th Floor, 9 Appold Street, London, EC2A 2AP

Notified 06/04/2016

Mrs Jacqueline Mary Bailey

25–50% shares

British · United Kingdom · Age 83

6th Floor, 9 Appold Street, London, EC2A 2AP

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

MIDLAND BANK PLC

Created 10/06/1998Registered 24/06/1998Satisfied 03/03/2004
charge
satisfied

MIDLAND BANK PLC

Created 16/02/1982Registered 25/02/1982Satisfied 03/03/2004

CompanyRankvs 47783+ SIC 41100 peers
43

Financial strength2th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.2× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees10/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£501k

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£501k

Working capital

Current Assets

£124k

Current Liabilities

£625k

Fixed Assets

£210

Debtors

£121k

2avg. employees

Tax at Year End(2021)

Corp tax£2k

Balance Sheet

Assets less current liabilities-£501k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.20-£925
20240.20-£2k
20230.20-£50k
20220.30-£1k
20210.30-£6k
20200.31+£38k
20190.29

Derived from filed accounts. Not audited figures.