flat out limited
flat out limited Company Information
Company Number
07727314
Next Accounts
Dec 2025
Industry
Development of building projects
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Shareholders
anke hermanns
yianni tsitouras
View AllGroup Structure
View All
Contact
Registered Address
ground floor 47-49 daws lane, london, NW7 4SD
Website
www.flatoutalloys.co.ukflat out limited Estimated Valuation
Pomanda estimates the enterprise value of FLAT OUT LIMITED at £3.3m based on a Turnover of £2.2m and 1.5x industry multiple (adjusted for size and gross margin).
flat out limited Estimated Valuation
Pomanda estimates the enterprise value of FLAT OUT LIMITED at £31.4k based on an EBITDA of £7.9k and a 3.97x industry multiple (adjusted for size and gross margin).
flat out limited Estimated Valuation
Pomanda estimates the enterprise value of FLAT OUT LIMITED at £1.2m based on Net Assets of £766.2k and 1.54x industry multiple (adjusted for liquidity).
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Flat Out Limited Overview
Flat Out Limited is a live company located in london, NW7 4SD with a Companies House number of 07727314. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in August 2011, it's largest shareholder is anke hermanns with a 54.5% stake. Flat Out Limited is a established, small sized company, Pomanda has estimated its turnover at £2.2m with declining growth in recent years.
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Flat Out Limited Health Check
Pomanda's financial health check has awarded Flat Out Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £2.2m, make it larger than the average company (£1.6m)
- Flat Out Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (5.4%)
- Flat Out Limited
5.4% - Industry AVG
Production
with a gross margin of 21.9%, this company has a higher cost of product (50.8%)
- Flat Out Limited
50.8% - Industry AVG
Profitability
an operating margin of 0.4% make it less profitable than the average company (18.6%)
- Flat Out Limited
18.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Flat Out Limited
5 - Industry AVG
Pay Structure
on an average salary of £40.4k, the company has an equivalent pay structure (£40.4k)
- Flat Out Limited
£40.4k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£232.6k)
- Flat Out Limited
£232.6k - Industry AVG
Debtor Days
it gets paid by customers after 125 days, this is later than average (29 days)
- Flat Out Limited
29 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (35 days)
- Flat Out Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Flat Out Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Flat Out Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (68.9%)
0.3% - Flat Out Limited
68.9% - Industry AVG
FLAT OUT LIMITED financials
Flat Out Limited's latest turnover from March 2024 is estimated at £2.2 million and the company has net assets of £766.2 thousand. According to their latest financial statements, Flat Out Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | |||||||||||||
| Gross Profit | |||||||||||||
| Admin Expenses | |||||||||||||
| Operating Profit | |||||||||||||
| Interest Payable | |||||||||||||
| Interest Receivable | |||||||||||||
| Pre-Tax Profit | |||||||||||||
| Tax | |||||||||||||
| Profit After Tax | |||||||||||||
| Dividends Paid | |||||||||||||
| Retained Profit | |||||||||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,906,927 | 824,173 | 826,525 | 624,745 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,906,927 | 824,173 | 826,525 | 624,745 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 768,176 | 760,679 | 761,084 | 762,585 | 763,620 | 759,171 | 761,832 | 0 | 822 | 13,115 | 1,550 | 216 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 350,000 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 745,897 | 37,508 | 21,598 | 27,985 | 11,771 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 768,176 | 760,679 | 761,084 | 762,585 | 763,620 | 759,171 | 761,832 | 1,095,897 | 38,330 | 34,713 | 29,535 | 11,987 | 0 |
| total assets | 768,176 | 760,679 | 761,084 | 762,585 | 763,620 | 759,171 | 761,832 | 1,095,897 | 1,945,257 | 858,886 | 856,060 | 636,732 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31,615 | 0 | 0 | 0 | 0 |
| Trade Creditors | 1,390 | 0 | 0 | 0 | 974 | 558 | 2,001 | 0 | 0 | 40,394 | 109,156 | 56,080 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 205,334 | 17,622 | 0 | 0 | 0 | 0 |
| total current liabilities | 1,390 | 0 | 0 | 0 | 974 | 558 | 2,001 | 205,334 | 49,237 | 40,394 | 109,156 | 56,080 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 786,110 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 600 | 420 | 360 | 1,440 | 720 | 840 | 720 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 817,431 | 756,156 | 600,200 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 600 | 420 | 360 | 1,440 | 720 | 840 | 720 | 0 | 786,110 | 817,431 | 756,156 | 600,200 | 0 |
| total liabilities | 1,990 | 420 | 360 | 1,440 | 1,694 | 1,398 | 2,721 | 205,334 | 835,347 | 857,825 | 865,312 | 656,280 | 0 |
| net assets | 766,186 | 760,259 | 760,724 | 761,145 | 761,926 | 757,773 | 759,111 | 890,563 | 1,109,910 | 1,061 | -9,252 | -19,548 | 0 |
| total shareholders funds | 766,186 | 760,259 | 760,724 | 761,145 | 761,926 | 757,773 | 759,111 | 890,563 | 1,109,910 | 1,061 | -9,252 | -19,548 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,764 | 2,352 | 3,136 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | |||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 7,497 | -405 | -1,501 | -1,035 | 4,449 | -2,661 | 411,832 | 349,178 | -12,293 | 11,565 | 1,334 | 216 | 0 |
| Creditors | 1,390 | 0 | 0 | -974 | 416 | -1,443 | 2,001 | 0 | -40,394 | -68,762 | 53,076 | 56,080 | 0 |
| Accruals and Deferred Income | 180 | 60 | -1,080 | 720 | -120 | 120 | -204,614 | 187,712 | 17,622 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -31,615 | 31,615 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -786,110 | 786,110 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -817,431 | 61,275 | 155,956 | 600,200 | 0 |
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -745,897 | 708,389 | 15,910 | -6,387 | 16,214 | 11,771 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -745,897 | 708,389 | 15,910 | -6,387 | 16,214 | 11,771 | 0 |
flat out limited Credit Report and Business Information
Flat Out Limited Competitor Analysis
Perform a competitor analysis for flat out limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in NW7 area or any other competitors across 12 key performance metrics.
flat out limited Ownership
FLAT OUT LIMITED group structure
Flat Out Limited has no subsidiary companies.
Ultimate parent company
FLAT OUT LIMITED
07727314
flat out limited directors
Flat Out Limited currently has 2 directors. The longest serving directors include Mrs Anke Tsitouras (Aug 2011) and Mr Yianni Tsitouras (Aug 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Anke Tsitouras | United Kingdom | 39 years | Aug 2011 | - | Director |
| Mr Yianni Tsitouras | United Kingdom | 46 years | Aug 2011 | - | Director |
P&L
March 2024turnover
2.2m
-12%
operating profit
7.9k
0%
gross margin
21.9%
+2.47%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
766.2k
+0.01%
total assets
768.2k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
flat out limited company details
company number
07727314
Type
Private limited with Share Capital
industry
41100 - Development of building projects
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
August 2011
age
14
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
ground floor 47-49 daws lane, london, NW7 4SD
Bank
-
Legal Advisor
-
flat out limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to flat out limited. Currently there are 1 open charges and 0 have been satisfied in the past.
flat out limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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flat out limited Companies House Filings - See Documents
| date | description | view/download |
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