Float Legal Solutions Limited
11618292
Healthy
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
CompanyRankvs 87155+ SIC 70229 peers54
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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 31/10/2024
Turnover
£200k
Annual revenue
Net Worth
£177k
Balance sheet strength
Cash
£6k
Cash in the bank
Profit Before Tax
£80k
Bottom line earnings
Net Current Assets
-£59k
Working capital
Current Assets
£6k
Current Liabilities
£65k
Fixed Assets
£350k
Cost of Sales
£62k
Gross Profit
£138k
Admin Expenses
£58k
Operating Profit
£80k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.10 | +£65k |
| 2023 | 0.15 | — |
Derived from filed accounts. Not audited figures.