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Float Norwich Ltd

13932483

active
Private Limited Company
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

66 BER STREET, NORWICH, NR1 3EW
Incorporated 22/02/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47190
Other retail sale in non-specialised stores

Officers

Mrs Sara Gilbert-Smith

director · Since 22/02/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 53

Persons with Significant Control

Mrs Sara Lane

75–100% shares
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors

British · United Kingdom · Age 53

66, Ber Street, Norwich, NR1 3EW

Notified 22/02/2022

Former PSCs

Mrs Melissa Steward

Ceased 28/09/2022

CompanyRankvs 15961+ SIC 47190 peers
35

Financial strength11th percentile among SIC peers · 3/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.48× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees11/15 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.

Longevity4/15 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 28/02/2025

Net Worth

-£13k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£17k

Current Liabilities

£36k

Fixed Assets

£5k

Debtors

£250

3avg. employees

Tax at Year End

VAT£2k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.48+£156£44k
20240.35+£516£60k
20230.30£21k

Derived from filed accounts. Not audited figures.