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Flair Flooring Group Limited

09247756

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

ETHEROW WORKS, ETHEROW INDUSTRIAL ESTATE WOOLLEY BRIDGE ROAD, GLOSSOP, SK13 2NS
Incorporated 03/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles

Officers

Tina Ruth Carswell

director · Since 03/10/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Mr Dineshkumar Premchand Shah

director · Since 03/10/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 2 other boards

Mr Neel Shah

director · Since 03/10/2014

DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 3 other boards

Mrs Rekha Shah

director · Since 03/10/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 2 other boards

Persons with Significant Control

Mr Neel Shah

25–50% shares
75–100% votes
Appoint directors

British · England · Age 44

Etherow Works, Etherow Industrial Estate, Woolley Bridge Road, Glossop, SK13 2NS

Notified 03/10/2016

Warp & Weft Group Ltd

50–75% shares

Warp & Weft Group Ltd, Etherow Works, Glossop, SK13 2NS

Reg: 16019317 · Companies House · Private Limited Company

Notified 25/10/2024

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 01/05/2015Registered 05/05/2015

CompanyRankvs 4530+ SIC 46410 peers
55

Financial strength99th percentile among SIC peers · 25/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 362.58× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity20/20 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.

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 the 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 going c

Key FinancialsYear ending 30/06/2024

Net Worth

£6.9M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£2.8M

Working capital

Current Assets

£2.8M

Current Liabilities

£8k

Fixed Assets

£4.1M

Debtors

£1.7M

Profit After Tax

£820k

0avg. employees

Tax at Year End

Corp tax£8k
Dividends paid£183k

Balance Sheet

Assets less current liabilities£6.9M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
2024362.58+£1.3M
2023+£636k

Derived from filed accounts. Not audited figures.