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Flexgrid Ltd

10593467

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

2ND FLOOR REGIS HOUSE, LONDON, EC4R 9AN
Incorporated 31/01/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Gisli Helgason

director · Since 14/02/2017

COMPANY DIRECTOR

ICELANDIC · UNITED KINGDOM · Age 52

Also on 3 other boards

Mr Daniel Kennedy

director · Since 14/02/2017

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 47

Also on 2 other boards

Mr Frazer Cannadine

director · Since 18/02/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Mrs Cora Mary Kennedy

director · Since 05/11/2021

TEACHER

IRISH · UNITED KINGDOM · Age 46

Also on 1 other board

Mrs Anna Maria Helgadottir

director · Since 21/10/2025

COMPANY DIRECTOR

ICELANDIC · UNITED KINGDOM · Age 55

Mrs Jennifer Cannadine

director · Since 13/02/2026

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Mr Gisli Helgason

25–50% shares
25–50% votes

Icelandic · United Kingdom · Age 52

2nd Floor, Regis House, London, EC4R 9AN

Notified 29/10/2024

Former PSCs

Income Data Stream Ltd

Ceased 05/06/2017

Mr Gisli Helgason

Ceased 18/02/2020

Mr Daniel Kennedy

Ceased 18/02/2020

Mr Graeme Keith Duncan

Ceased 18/02/2020

CompanyRankvs 20039+ SIC 62020 peers
70

Financial strength74th percentile among SIC peers · 19/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.01× · 12/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 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.

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

£32k

Balance sheet strength

Cash

£1.5M

Cash in the bank

Net Current Assets

£18k

Working capital

Current Assets

£1.9M

Current Liabilities

£1.9M

Fixed Assets

£312k

Debtors

£495k

12avg. employees+4

Tax at Year End

Corp tax£110k

Balance Sheet

Intangible assets£31k
Assets less current liabilities£330k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.01-£11k
20231.14+£0
20221.27+£0
20211.52

Derived from filed accounts. Not audited figures.