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Elevate Products Limited

00445653

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

WESTGATE,, WALSALL, WS9 8DJ
Incorporated 25/11/1947

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Mr Paul Barry Burns

director · Since 01/10/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Richard Andrew Davies

director · Since 01/10/2020

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 1 other board

Gordon Paul Mclean

director · Since 03/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 6 other boards

Alexander William Weeds

director · Since 03/06/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 6 other boards

Mr Richard Andrew Davies

secretary · Since 13/02/2025

Also on 1 other board

Persons with Significant Control

Areco Limited

75–100% shares

Westgate, Westgate, Walsall, WS9 8DJ

Reg: 06057526 · England · Limited Company

Notified 01/12/2023

Former PSCs

Watts Clift Holdings Limited

Ceased 30/11/2023

Charges1 outstanding

Charge
outstanding

CLOSE BROTHERS LIMITED

Created 03/06/2024Registered 11/06/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 30/11/1989Registered 11/12/1989Satisfied 04/06/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 05/12/1984Registered 19/12/1984Satisfied 04/06/2024
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 24/01/1974Registered 31/01/1974Satisfied 04/06/2024

CompanyRankvs 12769+ SIC 46900 peers
35

Financial strength45th percentile among SIC peers · 11/25
Employees25th percentile among SIC peers · 4/15
LiquidityNo balance sheet data · 0/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength11/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2025

Net Worth

£1k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

Current Liabilities

0avg. employees-3
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20231.02+£19k
20220.96
20210.76

Derived from filed accounts. Not audited figures.