The Firmwatch take
Flagship (dorset) Ltd (06578134) currently shows: Watch signal detected, based on accounts to 30 September 2024; last refreshed 24 May 2026. Negative working capital plus 2 more cautionary signals — extracted from the latest filed accounts.
Companies House source·Accounts to 30 Sept 2024·Refreshed 24 May 2026·Methodology and caveats
Firmwatch signals are generated from public filings and are not credit ratings or financial advice.
Incorporated
28 April 2008
18 years on the register
Sector
Dispensing chemist
SIC 47730
Size
Not classified
Net assets
£31k
Top 10% in sector
Cash at bank
Not disclosed
Not required for this filing type
Latest filing
None yet
Insolvency risk
Worth watching
The latest public accounts contain some cautionary signs, but not enough to suggest severe distress on their own.
Negative working capital
Short-term liabilities are higher than short-term assets in the public balance sheet.
Current ratio below 1.0
Current assets are below current liabilities.
Sector benchmark · Retail
How this company compares in 137,205 retailers
Top 10% in sector — Flagship (dorset) Ltd shows £31k in net assets. Sector median is £847.
Sector medians are computed annually across all UK companies in this broad sector. Position is approximate — see the Money tab for the full balance sheet.
Money
What the balance sheet says
Net assets
£31k
Top 10% in sector · sector median £847 · 137,205 retailers
Cash
Not disclosed
Working cap.
−£45k
Median £3k
Current ratio
0.9×
Median 1.1×
Signals · 4
Positive net assets
The latest filed accounts show assets exceeding liabilities.
Negative working capital
Current liabilities exceed current assets in the extracted accounts.
Current ratio below 1.0
Current assets are lower than current liabilities in the extracted accounts.
Address pattern · HA5 5QA
389 other UK companies registered at this postcode.
Active
380
Dissolved
3
Strike-off action
6
People
Who runs this company
- HM
HEWITSON, Michael Raymond
director · since 2008
Registered office
Address intelligence
389 other companies use this address.
High-volume registered-office service. Many UK companies use these legitimately, but they are also a known hosting location for shell entities. Treat this as a flag, not a verdict.
Firmwatch turns UK Companies House filings into plain-English company intelligence. Data is refreshed daily; signals are generated from public balance-sheet and filing patterns.