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Float Capital Limited

11406159

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

CARE OF RESTRUCTURING AND RECOVERY SERVICES (RRS) S&W PARTNERS LLP, LONDON, EC2V 7BG
Incorporated 08/06/2018

Compliance

Last accounts

30/06/2022

total exemption full

Next accounts due

31/03/2024

Overdue

Confirmation statement

Last: 07/06/2023

Due 21/06/2024

Overdue

Industry

64999
Other financial service activities

Officers

Mr William Rupert Coldstream Clunie Cunningham

director · Since 08/06/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 2 other boards

Mr Christopher Lee Cauvain

director · Since 03/09/2018

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 22 other boards

Persons with Significant Control

Mr William Rupert Coldstream Clunie Cunningham

25–50% shares
75–100% votes

British · United Kingdom · Age 56

41, Devonshire Street, London, W1G 7AJ

Notified 08/06/2018

Mr Christopher Lee Cauvain

25–50% shares

British · England · Age 59

2, Oakhurst Close, London, E17 3PZ

Notified 09/06/2023

Former PSCs

Ms Tessa Rebecca Laws

Ceased 04/06/2021

Insolvency History2 cases

in administration

Ben David Woodthorpe (practitioner) · Mark Supperstone (practitioner)

creditors voluntary liquidation23/08/2024

Geoffrey Wayne Bouchier (practitioner) · Ben David Woodthorpe (practitioner)

CompanyRankvs 15+ SIC 64999 peers
33

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 297.29× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity20/20 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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2022

Turnover

£1.6M

Annual revenue

Net Worth

£19k

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£39k

Bottom line earnings

Net Current Assets

£12.3M

Working capital

Current Assets

£10.7M

Current Liabilities

£36k

Debtors

£9.4M

Cost of Sales

£14k

Gross Profit

£1.5M

Admin Expenses

£800k

Operating Profit

£747k

2avg. employees

Balance Sheet

Assets less current liabilities£12.3M
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
2022297.29+£39k
2021624.44

Derived from filed accounts. Not audited figures.