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Flow Converts Limited

14335379

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

12-13 LANDSDOWNE TERRACE, NEWCASTLE UPON TYNE, NE3 1HN
Incorporated 05/09/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

73110
Advertising agencies

Officers

Mr Michael Brian Matson

director · Since 05/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 64

Also on 3 other boards

Persons with Significant Control

Mr Fabian Sebastian Thorpe

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

British · England · Age 45

12-13, Landsdowne Terrace, Newcastle Upon Tyne, NE3 1HN

Notified 05/09/2022

CompanyRankvs 5181+ SIC 73110 peers
68

Financial strength72th percentile among SIC peers · 18/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 4.99× · 20/20
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 strength18/25 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.

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 30/09/2024

Net Worth

£11k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£15k

Current Liabilities

£3k

2avg. employees+1

Balance Sheet

Assets less current liabilities£12k

EstimatesDerived

YearCurrent RatioImplied Profit
20244.99+£4k
20233.45

Derived from filed accounts. Not audited figures.