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Flexnet Ltd

14662681

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

2ND FLOOR COLLEGE HOUSE, RUISLIP,, HA4 7AE
Incorporated 14/02/2023

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 13/02/2025

Due 27/02/2026

Overdue

Industry

47910
Retail sale via mail order houses or via Internet
62011
Ready-made interactive leisure and entertainment software development
62012
Business and domestic software development

Officers

Mr Talha Abdul Qadir Khatri

director · Since 14/02/2023

DIRECTOR

PAKISTANI · PAKISTAN · Age 29

Persons with Significant Control

Mr Talha Abdul Qadir Khatri

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

Pakistani · Pakistan · Age 29

2nd Floor, College House, 17 King Edwards Road, London, HA4 7AE

Notified 14/02/2023

CompanyRankvs 86620+ SIC 47910 peers
27

Financial strength15th percentile among SIC peers · 4/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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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.

Employees3/15 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.

Longevity3/15 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

-£6k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£2k

Current Liabilities

£8k

0avg. employees

Balance Sheet

Assets less current liabilities-£6k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.27-£8k
20240.45—

Derived from filed accounts. Not audited figures.