FLATOUT CUSTOMS LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-11 (in 1y)
Last made up 2026-04-27
Watchouts
Cash
£1M
+72.8% highest in 5 filed years
Net assets
£11M
+119.3% highest in 5 filed years
Employees
33
+120% highest in 5 filed years
Profit before tax
£8M
+133.5% highest in 5 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
5-year trend · vs Consumer Discretionary median
Accounts
5-year trend · latest reflected 2024-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Turnover | £983,762 | £2,102,934 | £3,452,157 | £15,658,966 | £44,983,623 | |
| Operating profit | £225,158 | £642,566 | £979,592 | £3,518,257 | £8,215,677 | |
| Profit before tax | £225,158 | £642,566 | £979,592 | £3,518,257 | £8,215,677 | |
| Net profit | — | — | — | £2,638,693 | £6,161,758 | |
| Cash | £37,291 | £239,144 | £300,215 | £752,115 | £1,299,934 | |
| Total assets less current liabilities | £182,379 | £1,731,471 | £2,524,941 | £5,163,634 | £11,649,817 | |
| Net assets | £182,379 | £1,731,471 | £2,524,941 | £5,163,634 | £11,325,392 | |
| Equity | £182,379 | £1,731,471 | £2,524,941 | £5,163,634 | £11,325,392 | |
| Average employees | 4 | 7 | 9 | 15 | 33 | |
| Wages | — | — | — | £519,082 | £1,008,736 | |
| Directors' remuneration | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+187.3%
£15,658,966 £44,983,623
highest in 5 filed years
-
Cash
+72.8%
£752,115 £1,299,934
highest in 5 filed years
-
Net assets
+119.3%
£5,163,634 £11,325,392
highest in 5 filed years
-
Employees
+120%
15 33
highest in 5 filed years
-
Operating profit
+133.5%
£3,518,257 £8,215,677
highest in 5 filed years
-
Profit before tax
+133.5%
£3,518,257 £8,215,677
highest in 5 filed years
-
Wages
+94.3%
£519,082 £1,008,736
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|
| Operating margin | 22.9% | 30.6% | 28.4% | 22.5% | 18.3% | |
| Net margin | — | — | — | 16.9% | 13.7% | |
| Return on capital employed | 123.5% | 37.1% | 38.8% | 68.1% | 70.5% | |
| Current ratio | — | — | — | 2.74x | 3.59x | |
| Interest cover | — | — | — | 1179.44x | 2063.20x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- FLATOUT CUSTOMS LTD 2024-09-25 → present
- BLUE OCEAN BROKERS LIMITED 2024-09-24 → 2024-09-25
- TIK LTD 2019-12-04 → 2024-09-24
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Anderson Anderson & Brown Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The director has therefore concluded that the Company should remain profitable and generate a positive cash flow for the foreseeable future. The director is therefore of the opinion that there is a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, the directors believe that the Company can continue to adopt the going concern basis of accounting in preparing its financial statements.”
Significant events
- “During the period, a newly designed, custom procurement system was approved and officially launched in January 2024. This system is set to double our sourcing and supply chain capacity, significantly enhancing operational efficiency.”
- “Recent global events had resulted in many companies being impacted by supply shortages, wildly fluctuating lead times and price increases.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
1 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROWN, Ross James | Director | 2025-08-13 | Apr 2002 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| JACKSON, Gemma | Director | 2019-12-04 | 2026-04-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Ross James Brown | Individual | Shares 75–100% | 2025-08-13 | Active |
| Miss Gemma Jackson | Individual | Shares 75–100%, Voting 75–100% | 2019-12-04 | Ceased 2026-04-27 |
Filing timeline
Last 20 of 24 total filings
Material constitutional events — rename, articles re-file, resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-27 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-04-27 | TM01 | officers | Termination director company with name termination date | |
| 2026-04-27 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-04-27 | AP01 | officers | Appoint person director company with name date | |
| 2025-11-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-24 | AA | accounts | Accounts with accounts type full | |
| 2025-02-05 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-09-25 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-09-24 | CERTNM | change-of-name | Certificate change of name company | |
| 2024-03-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-24 | DISS40 | gazette | Gazette filings brought up to date | |
| 2024-02-21 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-01-16 | DISS16(SOAS) | dissolution | Dissolved compulsory strike off suspended | |
| 2023-11-28 | GAZ1 | gazette | Gazette notice compulsory | |
| 2023-01-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-08-26 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-02-23 | DISS40 | gazette | Gazette filings brought up to date | |
| 2022-02-22 | GAZ1 | gazette | Gazette notice compulsory |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.