Flex Abl Limited
05360385
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 10/02/2005
SECRETARY
BRITISH · UNITED KINGDOM · Age 53
Also on 19 other boards
director · Since 10/02/2005
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 7 other boards
director · Since 05/09/2008
DIRECTOR
BRITISH · UNITED KINGDOM · Age 53
Also on 19 other boards
director · Since 02/11/2020
DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 1 other board
director · Since 18/01/2021
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 1 other board
Persons with Significant Control
Flexabl Financial Services Limited
Suite 28-29, Lake View House, Warwick, CV34 6RG
Reg: 12459448 · Registrar Of Companies · Limited Company
Notified 01/07/2020
Former PSCs
Partner Commercial Finance Limited
Ceased 01/07/2020
Charges1 outstanding
LLOYDS BANK PLC
CompanyRankvs 7743+ SIC 64999 peers42
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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
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
from signing the financial statements. No material uncertainties that cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors. The company therefore continues to adopt the going concern basis in preparing its financial statements. Turnover Turnover comprises the rendering of services in
Key FinancialsYear ending 30/06/2025
Net Worth
£2
Balance sheet strength
Cash
£529k
Cash in the bank
Net Current Assets
£1.2M
Working capital
Current Assets
£12.8M
Current Liabilities
£11.6M
Fixed Assets
£4k
Debtors
£12.3M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 1.10 |
| 2024 | 1.10 |
| 2023 | 1.13 |
| 2022 | 0.93 |
| 2021 | 0.85 |
| 2019 | 0.22 |
| 2018 | 0.33 |
Derived from filed accounts. Not audited figures.