Back to search

Flagfin Trading Ltd

08375702

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

3 THE LARCHES, HIGH WYCOMBE, HP15 6TG
Incorporated 25/01/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Mrunal Prakash Sawant

director · Since 25/01/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 3 other boards

Mr Jailesh Arvind Deshpande

director · Since 13/01/2016

MANAGER

BRITISH · UNITED KINGDOM · Age 57

Also on 3 other boards

Persons with Significant Control

Mr Mrunal Prakash Sawant

25–50% shares
25–50% votes

British · United Kingdom · Age 46

3, The Larches, High Wycombe, HP15 6TG

Notified 06/04/2016

Mr Jailesh Arvind Deshpande

25–50% shares
25–50% votes

British · United Kingdom · Age 57

3, The Larches, High Wycombe, HP15 6TG

Notified 06/04/2016

CompanyRankvs 48306+ SIC 62090 peers
33

Financial strength3th percentile among SIC peers · 1/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees2/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 30/11/2024

Net Worth

-£130k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£129k

Working capital

Current Assets

-£11

Current Liabilities

£129k

0avg. employees

Balance Sheet

Assets less current liabilities-£129k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2024-0.00-£659
20230.00-£1k
20220.00-£9k
2021-60.75-£12k
20200.50-£35k
20190.52-£30k
20180.79

Derived from filed accounts. Not audited figures.