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Elap Engineering Limited

01377278

active
Private Limited Company
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • 3 outstanding charges (-6)

Details

UNIT 5 METCALF DRIVE, ALTHAM, BB5 5SJ
Incorporated 06/07/1978

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Christopher John Lord

secretary · Since 31/08/1991

BRITISH · UNITED KINGDOM · Age 55

Also on 15 other boards

Mr Christopher John Lord

director · Since 31/08/1991

ENGINEER

BRITISH · UNITED KINGDOM · Age 55

Also on 15 other boards

Mr David Thomas Newns

director · Since 19/05/2006

DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 5 other boards

Mr David Roy Anderton

director · Since 20/05/2010

NONE

ENGLISH · ENGLAND · Age 51

Also on 2 other boards

Persons with Significant Control

Elap Engineering Group Limited

75–100% shares
75–100% votes
Appoint directors

Unit 5, Metcalf Drive, Altham, BB5 5SJ

Reg: 09427371 · Companies House · Ltd

Notified 01/03/2017

Former PSCs

Mr Christopher John Lord

Ceased 06/04/2016

Charges3 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/06/2011Registered 04/06/2011
charge
outstanding

BARCLAYS BANK PLC

Created 13/03/1991Registered 03/04/1991
charge
outstanding

BARCLAYS BANK PLC

Created 07/12/1982Registered 13/12/1982

CompanyRankvs 432+ SIC 25620 peers
71

Financial strength88th percentile among SIC peers · 22/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.78× · 16/20
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 strength22/25 pts

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

Employees13/15 pts

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

Liquidity16/20 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 30/09/2024

Net Worth

£1.5M

Balance sheet strength

Cash

£1.1M

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.8M

Current Liabilities

£1.6M

Fixed Assets

£308k

Debtors

£944k

20avg. employees+4

Balance Sheet

Intangible assets£27k
Assets less current liabilities£1.5M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.78+£16k
20231.73+£130k
20221.89+£58k
20212.01+£239k
20201.78+£77k
20191.68+£257k
20181.63+£108k
20171.53

Derived from filed accounts. Not audited figures.