Flowpack Limited
04081864
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 02/10/2000
ENGINEER
BRITISH · ENGLAND · Age 59
Also on 1 other board
director · Since 06/04/2013
DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 1 other board
Persons with Significant Control
Mr Andrew Patrick Gathercole
British · England · Age 59
66, Ferry Road, King's Lynn, PE34 4BT
Notified 01/10/2016
CompanyRankvs 492+ SIC 28220 peers41
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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 31/10/2024
Net Worth
-£38k
Balance sheet strength
Cash
£433
Cash in the bank
Net Current Assets
-£54k
Working capital
Current Assets
£27k
Current Liabilities
£81k
Fixed Assets
£15k
Debtors
£25k
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.34 | +£3k |
| 2023 | 0.09 | -£43k |
| 2022 | 0.30 | -£7k |
| 2021 | 1.44 | — |
Derived from filed accounts. Not audited figures.