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Flat Developments Limited

06212443

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

OLD SLATERS YARD, STAPLEFORD, NG9 8GD
Incorporated 13/04/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

55900
Other accommodation

Officers

Mrs. Lyn Cynthia Knibbs

secretary · Since 13/04/2007

BRITISH · ENGLAND · Age 66

Also on 1 other board

Mrs. Lyn Cynthia Knibbs

director · Since 13/04/2007

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr. William Edward Knibbs

director · Since 13/04/2007

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 1 other board

Persons with Significant Control

Mr William Edward Knibbs

25–50% shares
25–50% votes

English · United Kingdom · Age 66

Old Slaters Yard, Rear Of 61 Mill Road, Stapleford, NG9 8GD

Notified 06/04/2016

Mrs. Lyn Cynthia Knibbs

25–50% shares

English · United Kingdom · Age 66

Old Slaters Yard, Rear Of 61 Mill Road, Stapleford, NG9 8GD

Notified 06/04/2016

CompanyRankvs 4920+ SIC 55900 peers
51

Financial strength15th percentile among SIC peers · 4/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength4/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/06/2024

Net Worth

-£632

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£632

Working capital

Current Assets

£7k

Current Liabilities

£7k

Debtors

£200

2avg. employees

Balance Sheet

Assets less current liabilities-£632
Signed by Mr. William Knibbs 31 March 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.92
20230.88+£402
2022+£2k
2021-£894
2020+£2k
2019+£1k
20180.05

Derived from filed accounts. Not audited figures.