Back to search

Float Structures Limited

14178190

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

THE OLD BAKERY, TUNBRIDGE WELLS, TN1 2QP
Incorporated 16/06/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mr Frederick Miles

director · Since 16/06/2022

CHARTERED STRUCTURAL ENGINEER

BRITISH · UNITED KINGDOM · Age 43

Mr Conor Michael O'Sullivan

director · Since 16/06/2022

CHARTERED STRUCTURAL ENGINEER

IRISH · UNITED KINGDOM · Age 36

Also on 1 other board

Persons with Significant Control

Mr Frederick Miles

25–50% shares
25–50% votes

British · United Kingdom · Age 43

The Old Bakery, 90 Camden Road, Tunbridge Wells, TN1 2QP

Notified 16/06/2022

Mr Conor Michael O'Sullivan

25–50% shares
25–50% votes

Irish · United Kingdom · Age 36

The Old Bakery, 90 Camden Road, Tunbridge Wells, TN1 2QP

Notified 16/06/2022

CompanyRankvs 3498+ SIC 71129 peers
73

Financial strength83th percentile among SIC peers · 21/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.36× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1Christie & Grey Limited
90
2Giltbrook Dyers And Cleaners Limited(The)
90
3Boro Foundry Limited(The)
90
4Sleeman & Hawken Limited
90
5Glebe Engineering Limited
90
6Bindon Engineering Company Limited
90
7Mel Aviation Limited
90
8Accurate Cutting Services Limited
90
9Isolated Systems Limited
90
10Merc Aerospace Limited
90
3498Float Structures Limited
73
How is this score calculated?
Financial strength21/25 pts

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

Employees13/15 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.

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 30/06/2025

Net Worth

£83k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£128k

Current Liabilities

£54k

Fixed Assets

£2k

3avg. employees+1

Balance Sheet

Assets less current liabilities£83k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.36+£49k
20241.70+£14k
20231.67—

Derived from filed accounts. Not audited figures.