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Flax Laundry And Linen Limited

13803207

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

HOLMEAD FARM, TIVERTON, EX16 8BT
Incorporated 15/12/2021

Compliance

Last accounts

31/03/2025

micro entity

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 09/12/2025

Due 23/12/2026

On track

Industry

96010
Washing and (dry-)cleaning of textile and fur products

Officers

Bruce Musgrave Pearson

director · Since 15/12/2021

RETIRED

BRITISH · ENGLAND · Age 71

Also on 4 other boards

Christine Elizabeth Pearson

director · Since 15/12/2021

RETIRED

BRITISH · UNITED KINGDOM · Age 70

Persons with Significant Control

Christine Elizabeth Pearson

25–50% shares
25–50% votes

British · United Kingdom · Age 70

Holmead Farm, Templeton, Tiverton, EX16 8BT

Notified 15/12/2021

Bruce Musgrave Pearson

25–50% shares
25–50% votes

British · England · Age 71

Holmead Farm, Templeton, Tiverton, EX16 8BT

Notified 15/12/2021

CompanyRankvs 3159+ SIC 96010 peers
31

Financial strength16th percentile among SIC peers · 4/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 0.57× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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3159Flax Laundry And Linen Limited
26
How is this score calculated?
Financial strength4/25 pts

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

Employees1/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£12k

Current Liabilities

£21k

0avg. employees-2
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.57+£3k
20241.25-£7k
20230.35—

Derived from filed accounts. Not audited figures.