Flight Timber Products Limited
02771581
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Simon Karr
British · England · Age 61
Danesbury House, 21 High Street, Royston, SG8 6ER
Notified 06/04/2016
Charges1 outstanding
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CompanyRankvs 15+ SIC 16100 peers26
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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.
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 31/05/2021
Net Worth
£1.3M
Balance sheet strength
Cash
£61k
Cash in the bank
Net Current Assets
-£221k
Working capital
Current Assets
£1.8M
Current Liabilities
£2.0M
Fixed Assets
£3.2M
Debtors
£1.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2021 | 0.89 | +£214k |
| 2020 | 0.71 | -£99k |
| 2019 | 1.12 | +£251k |
| 2018 | 0.96 | — |
Derived from filed accounts. Not audited figures.