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THE FLASH CENTRE LIMITED Financials

Company number
02441299Copy
Copy
Registered office
Spectrum Point, Clapgate Lane, Birmingham B32 3DE
Incorporated
08/11/1989

Company snapshot

Status
Active
Employees
8 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£106.35K2024
-84.03%vs 2023

2023: £665.78K

Total Assets

£521.53K2024
-45.23%vs 2023

2023: £952.23K

Cash in Bank

£10.50K2024
-77.50%vs 2023

2023: £46.68K

Total Liabilities

£415.18K2024
44.94%vs 2023

2023: £286.45K

Employees

82024
-4vs 2023

2023: 12

In 2024, THE FLASH CENTRE LIMITED reported net assets of £106.35K. The same filing shows total assets of £521.53K, cash in bank of £10.50K and total liabilities of £415.18K. Reported headcount was 8 in 2024. Net Assets fell from £665.78K in 2023 to £106.35K in 2024 (-84.03%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£106.35K2024
-84.03%from £665.78K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures THE FLASH CENTRE LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£809.57K2022£106.35K2024
-86.9%vs 2022

-63.8% a year compound (CAGR)

Cash in Bank

£93.05K2022£10.50K2024
-88.7%vs 2022

-66.4% a year compound (CAGR)

Total Assets

£1.08M2022£521.53K2024
-51.5%vs 2022

-30.4% a year compound (CAGR)

Total Liabilities

£266.53K2022£415.18K2024
+55.8%vs 2022

+24.8% a year compound (CAGR)

Employees

13202282024
-38.5%vs 2022-5

Biggest increase

Total Liabilities+55.8%

£266.53K in 2022 to £415.18K in 2024

Biggest decrease

Cash in Bank-88.7%

£93.05K in 2022 to £10.50K in 2024

THE FLASH CENTRE LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from THE FLASH CENTRE LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
20.39%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
79.61%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
2.53%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
2.01%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for THE FLASH CENTRE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£1.02M809.57K665.78K106.35K
Total Assets£1.40M1.08M952.23K521.53K
Cash in Bank£57.92K93.05K46.68K10.50K
Total Liabilities£386.26K266.53K286.45K415.18K
Employees1513128

THE FLASH CENTRE LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THE FLASH CENTRE LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

THE FLASH CENTRE LIMITED reported net assets of £106.35K for 2024. That compares with £665.78K in 2023, a change of -84.03%.

THE FLASH CENTRE LIMITED reported total assets of £521.53K for 2024. That compares with £952.23K in 2023, a change of -45.23%.

THE FLASH CENTRE LIMITED reported cash in bank of £10.50K for 2024. That compares with £46.68K in 2023, a change of -77.50%.

THE FLASH CENTRE LIMITED reported 8 employees in 2024, compared with 12 in 2023.

Between 2022 and 2024, THE FLASH CENTRE LIMITED's net assets fell by 86.9%, cash in bank fell by 88.7%, total assets fell by 51.5% and total liabilities rose by 55.8%. Net assets contracted at 63.8% a year across the two years to 2024, from £809.57K to £106.35K. Reported headcount went from 13 in 2022 to 8 in 2024 (-5).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.