Flexy Solutions Ltd

Flexy Solutions Ltd from Ilkeston UK: small company, active status, founded 7 years ago, 2 employees, real address, 1 director, 1 owner. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets, the engineering related scientific and technical consulting activities, the other engineering activities industries.

The company’s website, Flexi Solutions, is primarily focused on garden solutions, particularly fencing and drainage products. It’s an expansion of Gridforce CI, trading since 2008, and is the only stockist of several brands in Guernsey, including Gridforce, Atkinsons, EverEdge, and Polybed drainage. The website highlights a commitment to quality – “Quality people, Quality products, Quality service” – and features a range of fencing panels, accessories, garden sheds, gates, and summer houses. A key element is the promotion of Gridforce products, with a dedicated section showcasing their GF304050 fence panels. The site also includes contact information and a simple "Get in Touch" form. It’s clearly an e-commerce operation, designed to sell directly to customers in Guernsey.

Financially, Flexy Solutions Ltd presents a mixed picture. Cash bank on hand has completely vanished, dropping 100% to zero, which is a worrying sign. Liabilities have increased, with accrued liabilities up 29% to £450, and creditors rising 41% to £15,000. Bank borrowings, however, have decreased by 26% to £2,800, which could indicate a reduction in external debt. The company’s net assets have declined significantly, falling 65% to -£13,000, and the number of employees has halved to just one. While the company is small and meets the criteria for exemption from an audit, the declining equity and lack of cash reserves suggest it’s burning through money. The fact that the accounts are “filleted” – meaning they’re simplified – doesn’t necessarily indicate any wrongdoing, but it does limit the level of financial detail available. The company’s loans from directors, however, have increased by a substantial 78% to £13,000, which may be a way to keep the business afloat.

Registered in England/Wales under the registration number 11025339, with a registered address at DE7 4AZ, England, Ilkeston, Fern House, Hallam Fields Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.