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Flowline Systems Ltd

05733073

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

DEVONSHIRE BUSINESS CENTRE, LETCHWORTH GARDEN CITY, SG6 1GJ
Incorporated 07/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26511
Manufacture of electronic instruments and appliances for measuring, testing, and navigation

Officers

Mr Ian Matthew Close

director · Since 01/07/2014

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Ian Matthew Close

25–50% shares
75–100% votes
Appoint directors

British · England · Age 46

23 Monkswood Gardens, Borehamwood, WD6 2FA

Notified 06/04/2016

Mr Mark Davis

25–50% shares

British · England · Age 62

Devonshire Business Centre, Works Road, Letchworth Garden City, SG6 1GJ

Notified 16/04/2024

CompanyRankvs 236+ SIC 26511 peers
75

Financial strength64th percentile among SIC peers · 16/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 3.05× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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236Flowline Systems Ltd
75
How is this score calculated?
Financial strength16/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 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 31/03/2026

Net Worth

£114k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£115k

Working capital

Current Assets

£164k

Current Liabilities

£54k

Fixed Assets

£2k

3avg. employees

Balance Sheet

Assets less current liabilities£118k
Signed by Mr Ian Close 22/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20263.05+£46k
20251.98-£19k
20241.97+£7k
20231.61-£12k
20221.98+£46k
20211.56—

Derived from filed accounts. Not audited figures.