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Flexsys Open Systems Limited

03269465

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

FREESTONE HOUSE THE COMMON, CHIPPENHAM, SN15 5DX
Incorporated 25/10/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01490
01490
62020
Information technology consultancy activities

Officers

Mr Michael Ian Wade

director · Since 27/11/1996

COMPUTER CONSULTANT

BRITISH · UNITED KINGDOM · Age 56

Mrs Rebecca Gillian Wade

secretary · Since 26/08/2011

Also on 1 other board

Mrs Rebecca Gillian Wade

director · Since 01/11/2015

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 1 other board

Persons with Significant Control

Mrs Rebecca Gillian Wade

25–50% shares

British · England · Age 53

Freestone House, The Common, Chippenham, SN15 5DX

Notified 06/04/2016

CompanyRankvs 156+ SIC 01490 peers
69

Financial strength35th percentile among SIC peers · 9/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 5.67× · 20/20
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 strength9/25 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.

Liquidity20/20 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 31/12/2024

Net Worth

£2

Balance sheet strength

Cash

£215k

Cash in the bank

Net Current Assets

£190k

Working capital

Current Assets

£231k

Current Liabilities

£41k

Fixed Assets

£1k

Debtors

£16k

2avg. employees

Balance Sheet

Assets less current liabilities£192k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20245.67
20235.71

Derived from filed accounts. Not audited figures.