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Flush Energy Limited

13099857

active
Private Limited Company
england wales
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

THE LAUNCHPAD AIRPORT BUSINESS PARK, ROCHFORD, SS4 1YH
Incorporated 24/12/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/03/2026

Due 08/04/2027

On track

Industry

32990
Other manufacturing
35110
Production of electricity
46719
Wholesale of other fuels and related products

Officers

Mr Grant Michael Lodge

director · Since 24/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 15 other boards

Mr Anthony John Rowland

director · Since 28/07/2023

DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 8 other boards

Persons with Significant Control

Mr Grant Michael Lodge

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

British · United Kingdom · Age 60

The Old Vicarage, Bournes Green Chase, North Shoebury, SS3 8UA

Notified 24/12/2020

Charges1 outstanding

Charge
satisfied

PRIVILEGE PROJECT FINANCE LIMITED

Created 28/07/2023Registered 04/08/2023Satisfied 14/08/2023
Charge
satisfied

PRIVILEGE PROJECT FINANCE LIMITED

Created 28/07/2023Registered 04/08/2023Satisfied 14/08/2023
Charge
outstanding

PRIVILEGE PROJECT FINANCE LIMITED

Created 28/07/2023Registered 02/08/2023

CompanyRankvs 11930+ SIC 32990 peers
15

Financial strength0th percentile among SIC peers · 0/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.11× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees13/15 pts

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

Liquidity2/20 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

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

12avg. employees+4

Balance Sheet

Intangible assets£2.4M
Assets less current liabilities£445k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.11-£3.6M
20230.81
20220.99

Derived from filed accounts. Not audited figures.