Floodline Developments Limited
07409173
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
Details
Compliance
Last accounts
31/10/2024
micro entity
Next accounts due
31/07/2026
Confirmation statement
Last: 18/11/2025
Due 02/12/2026
Industry
Officers
director · Since 15/10/2010
PROPERTY DEVELOPMENT AND CONSU
BRITISH · ENGLAND · Age 61
Also on 11 other boards
director · Since 01/06/2011
CIVIL ENGINEER
BRITISH · ENGLAND · Age 60
Also on 1 other board
director · Since 13/11/2014
DIRECTOR
BRITISH · UNITED KINGDOM · Age 51
Also on 2 other boards
Persons with Significant Control
Mr Justin Richard Hannay Meredith
British · England · Age 61
Warren Wood, Pyle Hill, Woking, GU22 0SR
Notified 05/10/2016
CompanyRankvs 43582+ SIC 41100 peers46
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/10/2024
Net Worth
-£172k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£172k
Working capital
Current Assets
£31k
Current Liabilities
£203k
Fixed Assets
£111
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.15 | -£6k |
| 2023 | 0.11 | -£141k |
| 2022 | 0.86 | -£21k |
| 2021 | 0.98 | -£23k |
| 2020 | 1.09 | — |
| 2018 | 1.42 | — |
Derived from filed accounts. Not audited figures.