Flare Bright Ltd
09881164
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 17/09/2019
COMMERCIAL OFFICER
BRITISH · ENGLAND · Age 57
Also on 2 other boards
director · Since 27/04/2020
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 49
Also on 20 other boards
director · Since 24/02/2021
CHARTERED ACCOUNTANT
BRITISH · SCOTLAND · Age 65
Also on 2 other boards
Persons with Significant Control
Mr Kelvin Hamilton
British · England · Age 54
Building 436, Westcott Venture Park, Aylesbury, HP18 0XB
Notified 06/04/2016
Conrad Edgar Scott Rider
English · United Kingdom · Age 42
Building 436, Westcott Venture Park, Aylesbury, HP18 0XB
Notified 10/10/2017
CompanyRankvs 150+ SIC 30300 peers74
Show leaderboard
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
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The Directors have assessed the Company's ability to continue as a going concern and have prepared the financial statements on this basis. In making this assessment, the Directors have considered the Company's financial position, cash flow forecasts, and available fu
Key FinancialsYear ending 30/09/2024
Net Worth
£2.0M
Balance sheet strength
Cash
£1.5M
Cash in the bank
Net Current Assets
£1.3M
Working capital
Current Assets
£2.0M
Current Liabilities
£696k
Fixed Assets
£709k
Debtors
£509k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 2.82 | +£1.8M | £4.2M |
| 2021 | 5.82 | +£355 | — |
| 2020 | 8.83 | +£441k | — |
| 2019 | 0.14 | -£142k | — |
| 2018 | 0.09 | — | — |
Derived from filed accounts. Not audited figures.