Flexotronix Limited
11323342
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/04/2018
ENGINEER
BRITISH · ENGLAND · Age 64
Also on 4 other boards
director · Since 23/04/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 4 other boards
director · Since 08/09/2022
DIRECTOR
BRITISH · ENGLAND · Age 56
Also on 2 other boards
Persons with Significant Control
Sapphiros U.K. Ltd
The Emmanuel Building, Suite 2 Chesterford Research Campus, Saffron Walden, CB10 1XL
Reg: 14342320 · Register Of Companies For England And Wales · Private Company Limited By Shares
Notified 08/09/2022
Former PSCs
Professor Robert Stevens
Ceased 08/09/2022
Charges1 outstanding
HSBC INNOVATION BANKING
SILICON VALLEY BANK UK LIMITED
CompanyRankvs 39024+ SIC 62090 peers20
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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.
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
expansion or future commercialisation efforts in the field of women’s health respiratory and infectious disease detection, which would significantly reduce the required cash needed to continue as a going concern in the ordinary course of business. The directors of the parent company do not believe there is a material uncertainty regarding the parent company’s ability to secure sufficient financi
Key FinancialsYear ending 31/12/2024
Net Worth
-£3.8M
Balance sheet strength
Cash
£397k
Cash in the bank
Net Current Assets
-£2.4M
Working capital
Current Assets
£1.6M
Current Liabilities
£4.0M
Fixed Assets
£11.7M
Debtors
£1.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.40 | -£4.0M |
| 2021 | 13.64 | +£95k |
| 2020 | 3.09 | — |
| 2020 | 1.03 | — |
| 2019 | 0.30 | — |
Derived from filed accounts. Not audited figures.