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Flow Free Drainage Limited

05743886

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 63 HILLGROVE BUSINESS PARK, WALTHAM ABBEY, EN9 2HB
Incorporated 15/03/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

81210
General cleaning of buildings

Officers

Mr Brian Ronald Carter

director · Since 20/03/2006

DRAINAGE SURVEYOR

BRITISH · UNITED KINGDOM · Age 55

Also on 2 other boards

Steven Cornelius

director · Since 20/03/2006

DRAINAGE SURVEYOR

BRITISH · UNITED KINGDOM · Age 46

Persons with Significant Control

Flow Free Services Limited

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

Unit 63, Hillgrove Business Park, Nazeing, EN9 2HB

Reg: 11650650 · The Registrar Of Companies For England And Wales · Limited Company

Notified 30/10/2018

Former PSCs

Mr Steven Cornelius

Ceased 30/10/2018

Mr Brian Ronald Carter

Ceased 30/10/2018

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 23/11/2018Registered 29/11/2018

CompanyRankvs 91+ SIC 81210 peers
79

Financial strength100th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.92× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£2.5M

Balance sheet strength

Cash

£972k

Cash in the bank

Net Current Assets

£2.3M

Working capital

Current Assets

£3.5M

Current Liabilities

£1.2M

Fixed Assets

£300k

Debtors

£2.5M

31avg. employees-2

Balance Sheet

Assets less current liabilities£2.6M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.92+£262k
20243.12+£360k
20233.10+£489k
20222.46+£601k
20212.19+£246k
20201.27+£401k
20190.91

Derived from filed accounts. Not audited figures.