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Flexible Storage Ltd

04510413

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)
  • Going concern doubt noted in accounts (-10)

Details

UNITHIRE HOUSE STANHOPE INDUSTRIAL ESTATE, STANFORD-LE-HOPE, SS17 0EH
Incorporated 13/08/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

52103
52103

Officers

Mr Alan Kenneth George Tann

secretary · Since 19/08/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 39 other boards

Mr Alan Kenneth George Tann

director · Since 19/08/2002

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 73

Also on 39 other boards

Mr Denis James Bowden

director · Since 10/05/2005

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 81

Also on 6 other boards

Mr George Andrew Bowden

director · Since 01/04/2024

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 1 other board

Persons with Significant Control

Mr Alan Kenneth George Tann

25–50% shares

British · England · Age 73

Unithire House, Stanhope Industrial Estate, Stanford-Le-Hope, SS17 0EH

Notified 01/08/2021

Former PSCs

Unit Hire Limited

Ceased 31/07/2021

CompanyRankvs 1289+ SIC 52103 peers
56

Financial strength55th percentile among SIC peers · 14/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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1289Flexible Storage Ltd
66
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.

Employees2/15 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.

Risk deductions

Going concern doubt: -10 pts

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

Going Concern Doubt

determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income. Other accounting policies The financial statements have been prepared on a going concern basis. The directors are not aware of any material uncertainties that would cast doubt on the company's ability to meet its liabilities as they fall due for a period of at least 12 months

Key FinancialsYear ending 31/03/2024

Net Worth

£2k

Balance sheet strength

Cash

£81k

Cash in the bank

Net Current Assets

£53k

Working capital

Current Assets

£99k

Current Liabilities

£46k

Fixed Assets

£744k

Debtors

£18k

0avg. employees

Balance Sheet

Intangible assets£50k
Assets less current liabilities£798k
Signed by 2023-04-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.17+£121
20230.27+£24k
20220.41—

Derived from filed accounts. Not audited figures.