£26k
−69%vs Dec 2023Active08221949Private limited companyLondon
FLIPSTOCK LTD
D46/10001
Summary
FLIPSTOCK LTD is an active private limited company (company number 08221949) incorporated on 20 September 2012, registered in London. Its registered activity is wholesale of household goods (other than musical instruments) n.e.c (SIC 46499). Latest abridged accounts cover the period ending 31 December 2024, showing net assets of £26k and cash of £89k, with 9 employees on average. As abridged accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 69% on the prior period (£82k).
Peer position · net assets
By net assets it sits in the upper half of 494 comparable companies in London (median £1,073, upper quartile £35k).
02
Key dates
- Incorporated
- 20 September 201214 yrs ago
- Next accounts due
- 30 September 202622 days overdue
- Confirmation statement due
- 4 October 2027in 347 days
Due dates are expected from Companies House filing rules; confirm on the official register before relying on them.
03
Activity
- SIC 46499
- Wholesale of household goods (other than musical instruments) n.e.c
- Accounts type
- Unaudited Abridged
- Size band
- MicroCompanies Act thresholds
04
Financials
£89k
+5%vs Dec 2023Not disclosed
9
+80%vs Dec 2023| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 31 December 2024 | £26k | £89k | £816k | £2.63m | — | — | 9 |
| 31 December 2023 | £82k | £85k | £394k | £1.58m | — | — | 5 |
Current ratio0.99Current liabilities exceed current assets
Cash per employee£9,920Cash ÷ average employees
Figures as filed in iXBRL accounts at Companies House. "—" means the line was not reported in that filing.
05
Firmoscan score
46 / 100 · grade D
| 50 | Starting scoreEvery scored company starts here |
| +10 | Positive net assetsNet assets £25,526 at 2024-12-31 |
| −8 | Net assets falling-68.9% vs prior period |
| −8 | Current liabilities exceed current assetsCurrent ratio 0.99 |
| +4 | Cash reservesCash £89,283 |
| +8 | EstablishedIncorporated 2012-09-20 (14 years) |
| −10 | Accounts overdueDue 2026-09-30 |
| 46 | Score, grade D |
A transparent, rules-based score from filed data only: every point lists its evidence. It is not a credit rating or advice. How the score is computed.
06
Ownership and control
- Mr Irfaan Murad Ali Patel
- has significant influence or control
- Iap Holdings 2 Ltd
- owns 75–100% of shares
- Mr Zakaria Navsa
- has significant influence or control
Persons with significant control hold 25% or more of shares or voting rights. Smaller shareholdings are only listed in confirmation-statement documents.
07
Timeline
- Confirmation statement duein 347 days
- Next accounts due22 days overdue
- Accounts period endNet assets £26k · abridged accounts
- Accounts period endNet assets £82k · abridged accounts
- Incorporated
08
Similar companies in London
- BDM SURGERY LTDLondon · inc. Sept 2012
- FIVE PENNY PIECE LIMITEDLondon · inc. Aug 2012
- OUTDOOR DESIGN COALITION LTDLondon · inc. Aug 2012
- L'AUTRE MONDE GROUP LTDLondon · inc. Nov 2012
- RUGSTACK TRADING LIMITEDLondon · inc. Dec 2012
- EMSDEAL LIMITEDLondon · inc. Jun 2012
All companies incorporated on 20 September 2012 · in Sept 2012.
09
Reminders for FLIPSTOCK LTD
Get an email before each filing deadline — accounts and confirmation statement — so nothing is late.