Flexifax Developments Limited
01340745
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 08/03/2025
Due 22/03/2026
Industry
Officers
secretary · Since 08/03/1991
BRITISH · UNITED KINGDOM · Age 83
Also on 39 other boards
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
English · United Kingdom · Age 89
6th Floor, 9 Appold Street, London, EC2A 2AP
Notified 06/04/2016
Mrs Jacqueline Mary Bailey
British · United Kingdom · Age 83
6th Floor, 9 Appold Street, London, EC2A 2AP
Notified 06/04/2016
Charges0 outstanding
MIDLAND BANK PLC
MIDLAND BANK PLC
CompanyRankvs 47783+ SIC 41100 peers43
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End(2021)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.20 | -£925 |
| 2024 | 0.20 | -£2k |
| 2023 | 0.20 | -£50k |
| 2022 | 0.30 | -£1k |
| 2021 | 0.30 | -£6k |
| 2020 | 0.31 | +£38k |
| 2019 | 0.29 | — |
Derived from filed accounts. Not audited figures.