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Flex Joinery Ltd

11223489

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNIT 15-16 SANDMERE ROAD, SUNDERLAND, SR2 9TP
Incorporated 23/02/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Francis Stones Gibson

director · Since 23/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 45

Mr Nicholas John Smith

director · Since 23/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 2 other boards

Persons with Significant Control

Flex Group Ne Holdings Ltd

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

Unit 15-16, Sandmere Road, Sunderland, SR2 9TP

Reg: 14669837 · Companies House · Private Company Limited By Shares

Notified 31/03/2023

Former PSCs

Mr Frank Gibson

Ceased 31/03/2023

Mr James Peter Lennox

Ceased 18/06/2021

Mr Nicholas John Smith

Ceased 31/03/2023

CompanyRankvs 7616+ SIC 32990 peers
52

Financial strength63th percentile among SIC peers · 16/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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7616Flex Joinery Ltd
52
How is this score calculated?
Financial strength16/25 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.

Liquidity2/20 pts

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

Longevity8/15 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 31/12/2021

Net Worth

£44k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£23k

Current Liabilities

£69k

Fixed Assets

£1k

5avg. employees

Balance Sheet

Assets less current liabilities£44k
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20210.34

Derived from filed accounts. Not audited figures.