FLOORTEX FLOORING LTD
Opportunity 69/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -45% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 3.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~3.3 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Total assets | £170.9k | £225.5k |
| Current assets | £528.9k | £575.7k |
| Cash | £99.8k | £181.5k |
| Debtors | £429.1k | £394.2k |
| Net assets | £170.9k | £225.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 change-of-name
- • 1 accounts
- • 1 change-of-name
- • 1 accounts
- • 1 change-of-name
- • 1 accounts
Corporate timeline (13 events)Click to expand
- 2026-05-13✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2026-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-07-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-01-26🔒Charge registered #1Lender: Close Brothers Limited (The “Security Trustee”)
- 2022-11-25✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2022-07-29🏢Company incorporatedAs FLOORTEX FLOORING LTD
- 2022-07-29➕CARTER, Sarah Louise appointeddirector
- 2022-07-29➕FIRTH, Christian David appointeddirector
- 2022-07-29📄incorporation-companyincorporation · NEWINC
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 med ·Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2026-05-13: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Sarah Louise Carter Individual · British · DOB 04/1991 · age 35 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/07/2022 |
Mr Christian David Firth Individual · British · DOB 09/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 29/07/2022 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Close Brothers Close Brothers Limited (The “Security Trustee”) | A registered charge | — | 26/01/2023 | — |