Flex Fleet Services Ltd
11483657
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/07/2018
HGV MECHANIC
BRITISH · UNITED KINGDOM · Age 51
Also on 7 other boards
Persons with Significant Control
Mr Yasir Fakih
British · United Kingdom · Age 51
7, Fernley Road, Birmingham, B11 3NS
Notified 25/07/2018
CompanyRankvs 25233+ SIC 45200 peers48
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Net Worth
£19k
Balance sheet strength
Cash
£15k
Cash in the bank
Net Current Assets
-£7k
Working capital
Current Assets
£137k
Current Liabilities
£144k
Fixed Assets
£99k
Debtors
£93k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.95 | +£2k |
| 2023 | 0.78 | +£12k |
| 2022 | 0.81 | +£3k |
| 2021 | 1.33 | — |
| 2020 | 1.13 | — |
| 2019 | 0.43 | — |
Derived from filed accounts. Not audited figures.