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Flyp Homes Ltd

13084275

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

2 EASTBOURNE TERRACE, LONDON, W2 6LG
Incorporated 16/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
98000
Undifferentiated goods-and services-producing activities of private households for own use

Officers

Mr Oliver Gershfield

director · Since 16/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Mr Gregg Kantor

director · Since 16/12/2020

DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 1 other board

Mr Lee Sieradzki

director · Since 16/12/2020

DIRECTOR

DUTCH · UNITED KINGDOM · Age 39

Also on 4 other boards

Persons with Significant Control

381 Holdings Limited

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

2 Eastbourne Terrace, London, W2 6LG

Reg: 13079077 · Companies House · Limited Company

Notified 16/12/2020

Charges1 outstanding

Charge
outstanding

INVESTEC BANK PLC

Created 14/01/2021Registered 14/01/2021

CompanyRankvs 28402+ SIC 62012 peers
37

Financial strength0th percentile among SIC peers · 0/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.4× · 12/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -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.

Employees15/15 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.

Longevity5/15 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

-£6.5M

Balance sheet strength

Cash

£250k

Cash in the bank

Net Current Assets

£960k

Working capital

Current Assets

£3.4M

Current Liabilities

£2.4M

Fixed Assets

£933k

Debtors

£2.9M

26avg. employees-3

Balance Sheet

Intangible assets£3k
Bank loans & overdrafts£3.6M
Assets less current liabilities£1.9M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.40-£1.9M
20232.24-£1.9M
20223.86-£2.3M
20213.55

Derived from filed accounts. Not audited figures.