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Elder Engineering (Herts) Limited

01473439

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

CITY PARK, WELWYN GARDEN CITY, AL7 1LT
Incorporated 16/01/1980

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products
25620
Machining

Officers

Mr Terence Edward Flain

secretary · Since 31/07/1991

BRITISH · ENGLAND · Age 79

Also on 3 other boards

Mrs Christine Valerie Flain

director · Since 31/07/1991

DIRECTOR/OWNER

BRITISH · ENGLAND · Age 77

Mr Terence Edward Flain

director · Since 31/07/1991

DIRECTOR/OWNER

BRITISH · ENGLAND · Age 79

Also on 3 other boards

Mr Anthony Worsley

director · Since 01/05/2015

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Persons with Significant Control

Mrs Christine Valerie Flain

25–50% shares
25–50% votes

British · England · Age 77

City Park, Welwyn Garden City, AL7 1LT

Notified 06/04/2016

Mr Terence Edward Flain

25–50% shares
25–50% votes

British · England · Age 79

City Park, Welwyn Garden City, AL7 1LT

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

NORTRUST NOMINEES LIMITED

Created 28/11/2003Registered 05/12/2003Satisfied 21/05/2015

CompanyRankvs 151+ SIC 22290 peers
86

Financial strength91th percentile among SIC peers · 23/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.54× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength23/25 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.

Liquidity20/20 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.

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

£2.3M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£1.7M

Working capital

Current Assets

£2.4M

Current Liabilities

£685k

Fixed Assets

£562k

Debtors

£658k

24avg. employees-2

Tax at Year End

Corp tax£121k

Balance Sheet

Assets less current liabilities£2.3M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20253.54+£45k
20243.43+£2.2M
20233.84+£0
20223.77+£0
20214.35+£0
20204.04+£0
20193.19+£0
20182.91+£0
20173.33

Derived from filed accounts. Not audited figures.