FLEXISTYLE LIMITED

46 BOSTON ROAD, LEICESTER, LE4 1AA

Company Number: 02720491
Incorporation date: 04-Jun-1992
Status: Active
Entity type: Private Limited Company

SIC codes:
13910 Manufacture of knitted and crocheted fabrics





SUMMARY

This company is 31.8 years old and is currently active. It is controlled by Mr Bhavesh Chandarana. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -275.2 thousand which has worsened since the previous year's figure of GBP -274.7 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -500 in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -285.2 thousand), which means the company has aggregate losses since it's inception or it has paid more dividends than it can afford; given the company's age, this is a sign of serious financial problems. . The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Dec-2017
Accounts Filed: TOTAL EXEMPTION SMALL (31-Mar-2016)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Mar-2016 GBP 19 19 275,216 10,000 -285,197 -275,197
31-Mar-2015 GBP 19 19 274,716 10,000 -284,697 -274,697
31-Mar-2014 GBP 19 830 275,027 10,000 -284,197 -274,197
31-Mar-2013 GBP 24 835 274,527 10,000 -283,692 -273,692
31-Mar-2012 GBP 86 897 274,027 10,000 -282,710 -272,710

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
unknown Nisha CHANDARANA 02 Apr 2007 28 Mar 2024 2 - 1
Resigned Jayshree MARU 18 Jun 1992 02 Apr 2007 0 - 1

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Resigned Janaka Jalathsen Dias ABEYAUUNAWARDENA 18 Jun 1992 01 Nov 1992 Textile Technologist British 0 - 10 (0.0%)
Resigned ELK COMPANY SECRETARIES LIMITED 04 Jun 1992 18 Jun 1992 1 - 754291 (38.5%)
Resigned ELK (NOMINEES) LIMITED 04 Jun 1992 18 Jun 1992 1 - 685262 (38.2%)
Resigned? Bhavesh CHANDARANA Company Director British 3 - 93 (25.0%)
Resigned Jayanti CHANDARANA 01 Mar 2002 Company Director British 0 - 51 (20.0%)
No director information in our Database

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

No information on directors in other companies.

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

FLEXISTYLE LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 13910 Manufacture of knitted and crocheted fabrics)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
SEVEN RAYS STUDIO LIMITED THE OLD READING ROOM, MELLS, FROME, SOMERSET, BA11 3QA 09104891 2018-06-30 3,563 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
FLEXISTYLE LIMITED 1.3% 4.1% 7.2% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 3.5% 7.3% 10.5% Medium
Accounting Month 0.5% 1.8% 3.9% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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