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Floate Holdings Limited

10712655

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

C/O WHITE LOGISTICS & STORAGE LIMITED, PERSHORE, WR10 2DS
Incorporated 06/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64204
Activities of distribution holding companies

Officers

Mr. Nicholas Kyrzakos

director · Since 21/03/2023

BUSINESS EXECUTIVE

CANADIAN · BARBADOS · Age 64

Mr Phillip Alexander Rodrigues

director · Since 20/07/2024

CFO

INDIAN · ENGLAND · Age 59

Also on 6 other boards

Persons with Significant Control

Ronit Uk Holdings Limited

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

White Logistics & Storage Limited, C/O White Logistics & Storage Limited, Pershore, WR10 2DS

Reg: 14543467 · Uk Companies House · Private Limited Company

Notified 21/03/2023

Former PSCs

Mr Thomas George Stracey

Ceased 21/03/2023

Mr William Russell Stracey

Ceased 21/03/2023

Charges2 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 07/08/2024Registered 09/08/2024
Charge
outstanding

HSBC BANK PLC

Created 12/05/2017Registered 17/05/2017

CompanyRankvs 372+ SIC 64204 peers
30

Financial strength92th percentile among SIC peers · 23/25
Employees23th percentile among SIC peers · 3/15
LiquidityNo balance sheet data · 0/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 pts

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

Liquidity0/20 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.

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 original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going con

Key FinancialsYear ending 31/12/2023

Net Worth

£2.8M

Balance sheet strength

Cash

£5k

Cash in the bank

Profit Before Tax

-£180

Bottom line earnings

Net Current Assets

-£388k

Working capital

Current Assets

Current Liabilities

£393k

Admin Expenses

£180

Profit After Tax

-£180

0avg. employees-144

People Costs(2022)

Wages & salaries£5.0M
NI contributions£528k
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
2023-£2.5M
20221.92+£2.7M
20200.01

Derived from filed accounts. Not audited figures.