Flat Conversions Limited
14750894
Some Concerns
- Current liabilities exceed current assets (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 23/03/2023
ACCOUNTANT
BRITISH · ENGLAND · Age 50
Also on 4 other boards
Persons with Significant Control
Mr Paul Albert Stock
British · England · Age 50
20, Livingstone Road, Caterham, CR3 5TG
Notified 23/03/2023
Charges3 outstanding
PARAGON BANK PLC
TOGETHER COMMERCIAL FINANCE LIMITED
TOGETHER COMMERCIAL FINANCE LIMITED
CompanyRankvs 64277+ SIC 68100 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Outstanding charges: -10 pts
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
£45k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£52k
Working capital
Current Assets
£176
Current Liabilities
£53k
Fixed Assets
£300k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.00 | -£2k |
| 2024 | 0.21 | — |
Derived from filed accounts. Not audited figures.