Flexenable Technology Limited (14348658)
- Status
- administration
- Incorporated
- 2022-09-09
- Registered office
- FLEXENABLE TECHNOLOGY, 25 Farringdon Street, London, EC4A 4AB
- Industry
- 20590 Manufacture of other chemical products n.e.c.; 26110 Manufacture of electronic components; 72190 Other research and experimental development on natural sciences and engineering
Profit and loss
| Line item | 2023-12-31 | 2024-12-31 |
|---|
| Revenue / turnover | 2,049,000 | 3,272,000 |
|---|
| Gross profit | 938,000 | 1,268,000 |
|---|
| Operating profit | -13,157,000 | -7,010,000 |
|---|
| Tax charge / (credit) | -0 | 449,000 |
|---|
| Profit after tax | -13,288,000 | -7,609,000 |
|---|
Balance sheet
| Line item | 2023-12-31 | 2024-12-31 |
|---|
| Total fixed / non-current assets | 7,195,000 | 5,953,000 |
|---|
| Current assets | 4,004,000 | 3,733,000 |
|---|
| Cash at bank | 2,416,000 | – |
|---|
| Creditors < 1 year (current liabilities) | 23,994,000 | 30,233,000 |
|---|
| Net current assets | -19,990,000 | -26,500,000 |
|---|
| Creditors > 1 year (non-current liabilities) | 493,000 | 350,000 |
|---|
| Net assets | -13,288,000 | -20,897,000 |
|---|
| Total equity | -13,288,000 | -20,897,000 |
|---|
Cash flow
| Line item | 2023-12-31 | 2024-12-31 |
|---|
| Net cash from operating activities | -12,491,000 | -6,922,000 |
|---|
| Net cash from investing activities | -7,819,000 | -146,000 |
|---|
| Net cash from financing activities | 22,539,000 | 5,162,000 |
|---|
| Free cash flow | -13,610,000 | -7,092,000 |
|---|
Ratios
| Ratio | 2023-12-31 | 2024-12-31 |
|---|
| Revenue growth | – | 59.7% |
|---|
| Gross margin | 45.8% | 38.8% |
|---|
| Operating margin | -642.1% | -214.2% |
|---|
| Net margin | -648.5% | -232.5% |
|---|
| Current ratio | 0.17× | 0.12× |
|---|
Markdown version · CSV · Companies House register
