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Flowrate Plumbing & Heating Ltd

07819017

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

SAPPHIRE HOUSE UNIT 2, CRYSTAL BUSINESS CENTRE, IPSWICH, IP1 4JJ
Incorporated 21/10/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Stephen Robinson

director · Since 21/10/2011

DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Stephen Robinson

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

British · England · Age 52

Sapphire House, Unit 2, Crystal Business Centre, Ipswich, IP1 4JJ

Notified 21/10/2016

CompanyRankvs 22010+ SIC 43220 peers
51

Financial strength46th percentile among SIC peers · 12/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.98× · 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 strength12/25 pts

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

Employees3/15 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 31/10/2024

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£77

Working capital

Current Assets

£5k

Current Liabilities

£5k

Fixed Assets

£3k

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Signed by Mr Stephen Robinson 19th June 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98-£3k
20232.38+£3k
20220.96-£2k
20211.32
20201.94
2019-1.93
2018-2.73

Derived from filed accounts. Not audited figures.