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Flip Flop Conversions Limited

12339718

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

CFC HOUSE, SHEFFIELD, S8 0TB
Incorporated 29/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45111
Sale of new cars and light motor vehicles

Officers

Mr Gareth Mark Eaton

director · Since 29/11/2019

ELECTRICIAN

BRITISH · ENGLAND · Age 43

Also on 2 other boards

Persons with Significant Control

Mr Gareth Mark Eaton

25–50% shares
25–50% votes
Appoint directors

British · England · Age 43

Cfc House, Woodseats Close, Sheffield, S8 0TB

Notified 29/11/2019

Mrs Natalie Louise Eaton

25–50% shares
25–50% votes

British · England · Age 44

Cfc House, Woodseats Close, Sheffield, S8 0TB

Notified 03/02/2021

CompanyRankvs 2527+ SIC 45111 peers
33

Financial strength12th percentile among SIC peers · 3/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.56× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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2527Flip Flop Conversions Limited
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How is this score calculated?
Financial strength3/25 pts

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

Employees2/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

-£5k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£17k

Current Liabilities

£30k

Fixed Assets

£11k

Profit After Tax

-£3k

0avg. employees

Balance Sheet

Assets less current liabilities-£3k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.56
20230.94

Derived from filed accounts. Not audited figures.