Flexible Machinery Services Limited
09932606
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 30/12/2015
ENGINEER
BRITISH · UNITED KINGDOM · Age 51
Also on 1 other board
Persons with Significant Control
Mr Michael George Chatt
British · United Kingdom · Age 51
5 Eastbrooke House, Buckeridge Road, Teignmouth, TQ14 8NG
Notified 01/07/2016
CompanyRankvs 15259+ SIC 71122 peers44
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£42
Balance sheet strength
Cash
£6k
Cash in the bank
Net Current Assets
-£2k
Working capital
Current Assets
£12k
Current Liabilities
£15k
Fixed Assets
£3k
Debtors
£6k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2024 | 0.84 |
| 2023 | 1.05 |
Derived from filed accounts. Not audited figures.