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Flatout Furniture Assembly Ltd

08755419

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

FIRST FLOOR, LONDON, W2 1DS
Incorporated 30/10/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Kofi Osei-Adjei

director · Since 30/10/2013

BUSINESSMAN

BRITISH · ENGLAND · Age 48

Also on 2 other boards

Mr Nana Sfriyie Akwasi Osei-Adjei

director · Since 27/02/2014

BUSINESSMAN

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Kofi Osei-Adjei

25–50% shares
25–50% votes
Appoint directors

British · England · Age 48

First Floor, 244 Edgware Road, London, W2 1DS

Notified 26/02/2017

Former PSCs

Mr Nana Afriyie Akwasi Osei-Adjei

Ceased 04/12/2020

Mr Richard Kojo Obeng-Dwemoh

Ceased 04/12/2020

CompanyRankvs 2851+ SIC 31090 peers
47

Financial strength47th percentile among SIC peers · 12/25
Employees31th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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2851Flatout Furniture Assembly Ltd
46
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.

Employees5/15 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 31/10/2024

Net Worth

£893

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£216

Current Liabilities

£3k

Fixed Assets

£3k

1avg. employees-1

Balance Sheet

Assets less current liabilities£893
Signed by Mr Kofi Osei-Adjei 24 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.09
20230.31
20210.00
20200.00
20190.06
20180.03

Derived from filed accounts. Not audited figures.