Flush Energy Limited
13099857
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
31/12/2024
total exemption full
Next accounts due
30/09/2026
Confirmation statement
Last: 25/03/2026
Due 08/04/2027
Industry
Officers
director · Since 24/12/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 60
Also on 15 other boards
director · Since 28/07/2023
DIRECTOR
BRITISH · ENGLAND · Age 51
Also on 8 other boards
Persons with Significant Control
Mr Grant Michael Lodge
British · United Kingdom · Age 60
The Launchpad, Airport Business Park, Rochford, SS4 1YH
Notified 24/12/2020
Mr Mohammed Saleh Binladen
Saudi Arabian · Saudi Arabia · Age 43
The Launchpad, Airport Business Park, Rochford, SS4 1YH
Notified 22/05/2024
Charges1 outstanding
PRIVILEGE PROJECT FINANCE LIMITED
PRIVILEGE PROJECT FINANCE LIMITED
PRIVILEGE PROJECT FINANCE LIMITED
CompanyRankvs 11725+ SIC 32990 peers16
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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.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
considered numerous scenarios to consider the possible further impacts on the business and its ability to continue as a going concern, including the current negotiations with investors and are confident sufficient funds will be available . While the Directors accept there are inherent uncertainties on the business they are satisfie
Key FinancialsYear ending 31/12/2024
Net Worth
-£6.1M
Balance sheet strength
Cash
£28k
Cash in the bank
Net Current Assets
-£3.5M
Working capital
Current Assets
£416k
Current Liabilities
£4.0M
Fixed Assets
£4.0M
Debtors
£304k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.11 | -£3.6M |
| 2023 | 0.81 | — |
Derived from filed accounts. Not audited figures.