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Smartflow Couplings Ltd

09888120

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 14 THE ENTERPRISE VILLAGE, GRIMSBY, DN31 3AT
Incorporated 25/11/2015

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/12/2025

Due 30/12/2026

On track

Industry

24100
Manufacture of basic iron and steel and of ferro-alloys

Officers

Mr Marcus Ove Allerbjer

director · Since 29/09/2023

COMPANY DIRECTOR

SWEDISH · SWEDEN · Age 59

Persons with Significant Control

Cejn Uk Limited

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

Units 31 & 32, Three Elms Trading Estate, Hereford, HR4 9PU

Reg: 07125622 · Companies House · Private Limited Company

Notified 29/09/2023

Former PSCs

Mr Gary Thompson

Ceased 29/09/2023

Charges1 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 09/09/2024Registered 11/09/2024
Charge
satisfied

NPIF YHTV MICROFINANCE LP (LP017888) ACTING THROUGH ITS GENERAL PARTNER BEF-NPIF GP LIMITED (CO

Created 09/03/2022Registered 09/03/2022Satisfied 16/10/2023
Charge
satisfied

FINANCE FOR ENTERPRISE LIMITED (CO. NO. 01925556)

Created 27/08/2021Registered 27/08/2021Satisfied 16/10/2023

CompanyRankvs 251+ SIC 24100 peers
38

Financial strength2th percentile among SIC peers · 1/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.38× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees11/15 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.

Longevity11/15 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

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. Going concern The management has assessed Smartflow Couplings Ltd's ability to continue as a going concern and believe there are no uncertainties that cast significant doubt on the company's ability t

Key FinancialsYear ending 31/12/2024

Net Worth

-£81k

Balance sheet strength

Cash

£30k

Cash in the bank

Net Current Assets

£138k

Working capital

Current Assets

£238k

Current Liabilities

£100k

Fixed Assets

£16k

Debtors

£54k

5avg. employees

Tax at Year End(2020)

Corp tax£16k
VAT£1k

Balance Sheet

Assets less current liabilities£154k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20242.38-£90k
20238.75-£56k
20222.60+£15k
20211.70+£22k
20201.95+£24k£28k
20191.15+£10k£99k
20180.85

Derived from filed accounts. Not audited figures.