I'm pretty happy with the way it turned out. I didn't want to leave the middle part of the handle too cluttered so I left a space between the large body of rings and the one ring that is by itself.
After going back and looking over my original flashlight sleeve, I realized it was far to big for what it was intended to be, so I went back and looked at the dimensions of the flashlight and made a smaller version of the sleeve.
This is the ghosted image of the smaller version. As you can see, it is still the same design as the one above, just smaller. It was based off a combination of two different lightsabers from the Star Wars series.
There are no gold rings on the second one, but the gold near the top as well as the circles under it gave me the idea for them. Then I got the idea for the bottom of the sleeve from the lightsaber on top.
Here is the picture of the flashlight in different layers.
This is the bigger flashlight sleeve