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Flashfit Ltd

13500980

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

48 ARGYLE ROAD, WALSALL, WS4 2EX
Incorporated 08/07/2021

Compliance

Last accounts

31/07/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 07/07/2025

Due 21/07/2026

On track

Industry

45200
Maintenance and repair of motor vehicles
62090
Other information technology service activities

Officers

Mr Muhammad Abdullah

director · Since 08/07/2021

SOFTWARE ENGINEER

BRITISH · UNITED KINGDOM · Age 42

Also on 4 other boards

Persons with Significant Control

Mr Muhammad Abdullah

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

British · United Kingdom · Age 42

48, Argyle Road, Walsall, WS4 2EX

Notified 08/07/2021

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 10/04/2026Registered 20/04/2026
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 10/04/2026Registered 14/04/2026

CompanyRankvs 13571+ SIC 45200 peers
50

Financial strength67th percentile among SIC peers · 17/25
Employees22th percentile among SIC peers · 3/15
LiquidityCurrent ratio 8.47× · 20/20
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 strength17/25 pts

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

Employees3/15 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.

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 31/07/2025

Net Worth

£23k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£54k

Working capital

Current Assets

£62k

Current Liabilities

£7k

1avg. employees+1

Balance Sheet

Assets less current liabilities£54k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20258.47+£33k
20240.07-£4k
20230.00

Derived from filed accounts. Not audited figures.