WL FLEX SOLUTIONS LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2026-08-04 (in 3mo)
Last made up 2025-07-21
Watchouts
None on the register
Cash
£3M
+74.4% vs 2024
Net assets
-£1M
-4,318.3% lowest in 3 filed years
Employees
66
0% vs 2024
Profit before tax
-£1M
-405.8% vs 2024
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2025-03-31
| Metric | Trend | 2021-05-18 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £21,974,382 | £24,176,918 | |
| Operating profit | — | — | £780,392 | -£981,776 | |
| Profit before tax | — | — | £377,972 | -£1,155,993 | |
| Net profit | — | — | -£495,027 | -£1,055,131 | |
| Cash | — | — | £1,983,105 | £3,457,800 | |
| Total assets less current liabilities | — | £11 | £10,231,445 | £14,208,499 | |
| Net assets | — | £11 | £24,434 | -£1,030,697 | |
| Equity | — | £11 | £24,434 | -£1,030,697 | |
| Average employees | 2 | 2 | 66 | 66 | |
| Wages | — | — | £3,332,466 | £3,551,632 | |
| Directors' remuneration | — | — | £276,000 | £422,906 |
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
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+10%
£21,974,382 £24,176,918
-
Cash
+74.4%
£1,983,105 £3,457,800
-
Net assets
-4,318.3%
£24,434 -£1,030,697
lowest in 3 filed years
-
Employees
0%
66 66
-
Operating profit
-225.8%
£780,392 -£981,776
-
Profit before tax
-405.8%
£377,972 -£1,155,993
-
Wages
+6.6%
£3,332,466 £3,551,632
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 | 2021-05-18 | 2022-03-31 | 2024-03-31 | 2025-03-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 3.6% | -4.1% | |
| Net margin | — | — | -2.3% | -4.4% | |
| Return on capital employed | — | — | 7.6% | -6.9% | |
| Current ratio | — | — | 0.83x | 0.81x | |
| Interest cover | — | — | 1.94x | -5.21x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Menzies LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future.”
Group structure
- WL FLEX SOLUTIONS LIMITED · parent
- Work.Life Brown Limited 100%
- Work.Life Camden Limited 100%
- Work.Life Cowcross Limited 100%
- Work.Life St Cross Street Limited 100%
- Work.Life Hammersmith Limited 100%
- Work.Life Aldersgate Street Limited 100%
- Work.Life Fitzrovia Limited 100%
- Work.Life Holborn Limited 100%
- Work.Life Holdings Limited 100%
- Work.Life LS Limited 100%
- Work.Life Liverpool Street Limited 100%
- Work.Life Old Street Limited 100%
- Work.Life Reading 100%
- Work.Life Soho Limited 100%
- Work.Life Passage Limited 100%
- Work.Life Borough Limited 100%
- Work.Life Clerkenwell Green Limited 100%
- Work.Life Bermondsey Limited 100%
Significant events
- “The Group delivered another year of growth, expanding to 15 locations and over 225,000 sqft of workspace with the most recent signing.”
- “Turnover increased by 10%, driven by the opening of Work.Life Borough (July 2024) and Work.Life St Cross Street (February 2025).”
- “At the end of the financial year, the Group signed its 15th location, Work.Life Clerkenwell Green, which is scheduled to open in autumn 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GOLD, Elliot Emanuel | Director | 2021-05-19 | Dec 1985 | British |
| KOSKY, David Jonathan | Director | 2021-05-19 | Sep 1986 | British |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Elliot Emanuel Gold | Individual | Shares 25–50%, Voting 25–50% | 2021-10-13 | Active |
| Mr David Jonathan Kosky | Individual | Shares 25–50%, Voting 25–50% | 2021-05-19 | Active |
Filing timeline
Last 20 of 25 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-06-21 RESOLUTIONS Resolution
- 2024-04-14 MA Memorandum articles
- 2024-04-14 RESOLUTIONS Resolution
- 2022-06-13 RESOLUTIONS Resolution
- 2022-01-18 MA Memorandum articles
- 2022-01-18 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-02 | AA | accounts | Accounts with accounts type group | |
| 2025-08-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-03 | AA | accounts | Accounts with accounts type group | |
| 2024-07-30 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-21 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-14 | MA | incorporation | Memorandum articles | |
| 2024-04-14 | RESOLUTIONS | resolution | Resolution | |
| 2024-04-11 | SH01 | capital | Capital allotment shares | |
| 2024-01-11 | AA | accounts | Accounts with accounts type group | |
| 2023-08-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-01-05 | AAMD | accounts | Accounts amended with accounts type total exemption full | |
| 2022-09-13 | AA | accounts | Accounts with accounts type dormant | |
| 2022-09-08 | AA01 | accounts | Change account reference date company previous shortened | |
| 2022-07-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-07-18 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-16 | SH01 | capital | Capital allotment shares | |
| 2022-06-13 | RESOLUTIONS | resolution | Resolution | |
| 2022-01-18 | MA | incorporation | Memorandum articles | |
| 2022-01-18 | RESOLUTIONS | resolution | Resolution | |
| 2022-01-17 | SH08 | capital | Capital name of class of shares |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
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.