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Flick Electrical Wholesale (Solihull) Limited

12118687

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

THE RIDING SCHOOL HOUSE BULLS LANE, SUTTON COLDFIELD, B76 9QW
Incorporated 24/07/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Darren Joseph Bury

director · Since 24/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 5 other boards

Mr Neil David Osborne

director · Since 24/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Mr Marc Michele Savastio

director · Since 24/07/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Persons with Significant Control

Flick Electrical Wholesale Limited

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

The Riding School House, Bulls Lane, Solihull, B76 9QW

Reg: 09850887 · The Register Of Companies Maintained By The Registrar Of Companies For England And Wales · Private Company Limited By Shares

Notified 20/11/2024

Former PSCs

Mr Neil David Osborne

Ceased 20/11/2024

Mr Darren Joseph Bury

Ceased 20/11/2024

Mr Marc Michele Savastio

Ceased 20/11/2024

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED (THE “SECURITY TRUSTEE�)

Created 25/02/2026Registered 26/02/2026
Charge
satisfied

MEIF WM DEBT LP ACTING BY ITS GENERAL PARTNER MAVEN MEIF (WM) GP (ONE) LIMITED

Created 27/06/2022Registered 01/07/2022Satisfied 24/02/2026

CompanyRankvs 12008+ SIC 46900 peers
38

Financial strength5th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.07× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

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

Liquidity12/20 pts

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

Longevity7/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£42k

Balance sheet strength

Cash

£541

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£355k

Current Liabilities

£333k

Debtors

£256k

5avg. employees+1

Balance Sheet

Assets less current liabilities£22k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.07+£16k
20231.13-£38k
20221.41+£8k
20211.01

Derived from filed accounts. Not audited figures.