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Floreat Holding Limited

08825511

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

ASHDON HOUSE, BARNET, EN5 5YL
Incorporated 24/12/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Hussam Otaibi

director · Since 24/12/2013

DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 6 other boards

Mr Mutaz Shafiq Otaibi

director · Since 24/12/2013

DIRECTOR

JORDANIAN · UNITED KINGDOM · Age 55

Also on 13 other boards

Mr James Charles Wilcox

director · Since 01/09/2014

DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 9 other boards

Persons with Significant Control

Mr Hussam Otaibi

25–50% shares
25–50% votes

British · England · Age 54

Ashdon House, Moon Lane, Barnet, EN5 5YL

Notified 30/09/2016

Mr Mutaz Shafiq Otaibi

25–50% shares
25–50% votes

Jordanian · United Kingdom · Age 55

Ashdon House, Moon Lane, Barnet, EN5 5YL

Notified 30/09/2016

CompanyRankvs 31365+ SIC 64209 peers
46

Financial strength1th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees13/15 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.

Longevity12/15 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 30/06/2025

Net Worth

-£10.6M

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£11.6M

Working capital

Current Assets

£33.5M

Current Liabilities

£45.1M

Debtors

£33.5M

3avg. employees

Tax at Year End(2017)

Corp tax£63k

Balance Sheet

Assets less current liabilities-£10.6M
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.74+£0
20250.74-£6.9M
20230.88-£1.2M
20220.88-£202k
20210.85-£54k
20200.83-£746k
20190.82-£1.4M
20170.85

Derived from filed accounts. Not audited figures.