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Flowsoft Water Systems Limited

01924068

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ORWELL HOUSE, HUNGERFORD, RG17 0NE
Incorporated 19/06/1985

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Martyn Richard Scott

director · Since 03/01/1992

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 77

Also on 5 other boards

Mr John Sebastian Norman James Horsey

secretary · Since 13/04/1995

SOLICITOR

OTHER · UNITED KINGDOM · Age 87

Also on 21 other boards

Persons with Significant Control

Mr Martyn Richard Scott

75–100% shares
75–100% votes

British · United Kingdom · Age 77

Orwell House, 50 High Street, Hungerford, RG17 0NE

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

CLOSE INVOICE FINANCE LIMITED

Created 12/11/2004Registered 19/11/2004

CompanyRankvs 133050+ SIC 46900 peers
43

Financial strength55th percentile among SIC peers · 14/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.17× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength14/25 pts

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

Employees7/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2024

Net Worth

£5k

Balance sheet strength

Cash

£590

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£1k

Current Liabilities

£7k

Fixed Assets

£912

Debtors

£284

1avg. employees

Balance Sheet

Assets less current liabilities-£5k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.17+£0
20230.45+£0
20220.54+£0
20210.43+£0
20200.49+£0
20191.06+£0
20171.24

Derived from filed accounts. Not audited figures.