Flagstone Group Ltd
08528880
Some Concerns
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/04/2022
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 43
Also on 1 other board
Persons with Significant Control
Mr Michael Mendez
American · United States · Age 68
Suite 200, 20865 N. 90th Place, Scottsdale, 85255
Notified 05/06/2024
Mr Simon Paul Merchant
British · England · Age 58
1st Floor Clareville House, 27, London, SW1Y 4EL
Notified 05/06/2024
Mr Andrew John Thatcher
British · Jersey · Age 54
1st Floor Clareville House, 27, London, SW1Y 4EL
Notified 05/06/2024
Former PSCs
Andrew John Thatcher
Ceased 28/02/2023
Charges1 outstanding
KREOS CAPITAL VI (UK) LIMITED
CompanyRankvs 308+ SIC 64999 peers68
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
£35.5M
Balance sheet strength
Cash
£29.0M
Cash in the bank
Net Current Assets
£30.8M
Working capital
Current Assets
£44.4M
Current Liabilities
£13.6M
Fixed Assets
£5.1M
Debtors
£15.3M
Cost of Sales
£5.4M
Admin Expenses
£45.2M
Profit After Tax
£2.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.27 | +£17.8M |
| 2023 | 3.06 | +£9.5M |
| 2021 | 7.37 | -£3.9M |
| 2021 | 7.11 | -£3.1M |
| 2020 | 11.17 | +£15.2M |
| 2019 | 21.42 | -£3.5M |
| 2018 | 20.12 | — |
Derived from filed accounts. Not audited figures.