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Flair Flooring Supplies Limited

01663400

active
Private Limited Company
england wales
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

ETHEROW WORKS ETHEROW INDUSTRIAL ESTATE, WOOLLEY BRIDGE ROAD, GLOSSOP, SK13 2NS
Incorporated 10/09/1982

Compliance

Last accounts

30/06/2024

full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 31/05/2025

Due 14/06/2026

On track

Industry

13931
Manufacture of woven or tufted carpets and rugs
13939
Manufacture of other carpets and rugs
31090
Manufacture of other furniture
46150
Agents involved in the sale of furniture, household goods, hardware and ironmongery

Officers

Mr Dineshkumar Premchand Shah

director · Since 31/05/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 2 other boards

Mrs Rekha Shah

director · Since 31/05/1991

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 2 other boards

Neel Shah

director · Since 01/05/2008

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Tina Ruth Carswell

director · Since 05/03/2012

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Helen Shah

secretary · Since 15/11/2013

BRITISH

Persons with Significant Control

Flair Flooring Group Limited

75–100% shares
75–100% votes

Etherow Works, Etherow Industrial Estate, Woolley Bridge Road, Glossop, SK13 2NS

Notified 03/10/2023

Former PSCs

Mr Neel Shah

Ceased 03/10/2023

Charges2 outstanding

Charge
outstanding

HSBC BANK PLC

Created 01/05/2015Registered 05/05/2015
Charge
outstanding

HSBC BANK PLC

Created 01/05/2015Registered 05/05/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 11/08/2010Registered 14/08/2010Satisfied 26/11/2015
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 18/09/2006Registered 21/09/2006Satisfied 26/11/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 01/09/2003Registered 18/09/2003Satisfied 26/11/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 10/04/1987Registered 23/04/1987Satisfied 26/11/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/05/1984Registered 05/06/1984Satisfied 26/11/2015
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/05/1984Registered 05/06/1984Satisfied 26/11/2015

CompanyRankvs 105+ SIC 13931 peers
62

Financial strength98th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.44× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 30/06/2024

Turnover

£47.1M

Annual revenue

Net Worth

£7.2M

Balance sheet strength

Cash

£5.9M

Cash in the bank

Profit Before Tax

£2.1M

Bottom line earnings

Net Current Assets

£6.9M

Working capital

Current Assets

£22.6M

Current Liabilities

£15.7M

Fixed Assets

£403k

Debtors

£6.5M

Cost of Sales

£34.5M

Gross Profit

£12.6M

Admin Expenses

£9.6M

Operating Profit

£2.1M

Profit After Tax

£1.6M

149avg. employees

Tax at Year End

Corp tax£111k
Dividends paid-£147k

People Costs

Wages & salaries£5.6M
NI contributions£501k

Balance Sheet

Depreciation£204k
Assets less current liabilities£7.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.44+£299k
20231.50+£707k
20221.46-£50k
20211.58+£1.3M
20201.84

Derived from filed accounts. Not audited figures.