Flashfit Ltd
13500980
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 08/07/2021
SOFTWARE ENGINEER
BRITISH · UNITED KINGDOM · Age 42
Also on 4 other boards
Persons with Significant Control
Mr Muhammad Abdullah
British · United Kingdom · Age 42
48, Argyle Road, Walsall, WS4 2EX
Notified 08/07/2021
Charges2 outstanding
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
CompanyRankvs 38721+ SIC 45200 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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Net Worth
-£9k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£9k
Working capital
Current Assets
£644
Current Liabilities
£9k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.07 | -£4k |
| 2023 | 0.00 | +£0 |
| 2022 | 0.00 | — |
Derived from filed accounts. Not audited figures.