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Flowright Construction Limited

13210618

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

10 PROSPECT PLACE, WELWYN, AL6 9EW
Incorporated 18/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43999
Specialised construction activities

Officers

Mr Christopher James Smith

director · Since 18/02/2021

DIRECTOR

BRITISH · ENGLAND · Age 40

Persons with Significant Control

Mr Christopher James Smith

25–50% shares
25–50% votes

British · England · Age 40

10, Prospect Place, Welwyn, AL6 9EW

Notified 18/02/2021

Mrs Briony Margaret Jayne Down

25–50% shares
25–50% votes

British · England · Age 41

10, Prospect Place, Welwyn, AL6 9EW

Notified 18/02/2021

CompanyRankvs 3919+ SIC 43999 peers
70

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.39× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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79
How is this score calculated?
Financial strength24/25 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.

Liquidity20/20 pts

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

Longevity6/15 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

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

Going Concern Doubt

2006. The financial statements are presented in Pounds Sterling (£), which is the company’s functional currency. All amounts have been rounded to the nearest pound, unless otherwise indicated. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going c

Key FinancialsYear ending 28/02/2026

Net Worth

£1.0M

Balance sheet strength

Cash

£684k

Cash in the bank

Net Current Assets

£765k

Working capital

Current Assets

£1.3M

Current Liabilities

£550k

Fixed Assets

£658k

Debtors

£631k

32avg. employees+7

Tax at Year End

Corp tax£105k
VAT£150k

Director Loans

Directors owe company£394

Balance Sheet

Assets less current liabilities£1.4M
Signed by Mr Christopher James Smith 29 June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20262.39-£89k£3.0M
20252.62+£259k—
20242.52+£388k—
20231.83——

Derived from filed accounts. Not audited figures.