Flex Legal Limited
09820383
Healthy
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 18/10/2025
Due 01/11/2026
Industry
Officers
director · Since 21/12/2023
CHIEF STRATEGY OFFICER
BRITISH · UNITED KINGDOM · Age 51
Also on 4 other boards
Persons with Significant Control
Mdr Als (Holdings) Limited
Africa House, 70 Kingsway, London, WC2B 6AH
Reg: 15352354 · Companies House (England And Wales) · Private Limited Company
Notified 21/12/2023
Former PSCs
Ms Mary Bonsor
Ceased 21/12/2023
Mr James Timothy Vestbirk
Ceased 07/04/2017
Mr James Edward Moore
Ceased 21/12/2023
Charges1 outstanding
CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)
SME INVOICE FINANCE LIMITED
CompanyRankvs 2031+ SIC 62090 peers65
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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
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 co
Key FinancialsYear ending 31/03/2025
Turnover
£10.5M
Annual revenue
Net Worth
£1.2M
Balance sheet strength
Cash
£343k
Cash in the bank
Profit Before Tax
£106k
Bottom line earnings
Net Current Assets
£1.2M
Working capital
Current Assets
£2.3M
Current Liabilities
£1.1M
Fixed Assets
£13k
Debtors
£2.0M
Cost of Sales
£6.2M
Gross Profit
£4.3M
Admin Expenses
£4.2M
Operating Profit
£129k
Profit After Tax
£84k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.11 | -£386k |
| 2022 | 2.06 | +£372k |
| 2021 | 2.02 | +£140k |
| 2020 | 3.60 | +£9k |
| 2019 | 4.97 | +£728k |
| 2018 | 2.72 | — |
Derived from filed accounts. Not audited figures.