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Elta Automotive Ltd

02826734

active
Private Limited Company
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

27 ROMAN WAY, WEST MIDLANDS, B46 1HQ
Incorporated 14/06/1993

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46900
Non-specialised wholesale trade

Officers

Ian Mark Hallam

director · Since 01/12/2003

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 54

Mr Vladimir Palacka

director · Since 07/09/2018

DIRECTOR

SLOVAK · SLOVAKIA · Age 59

Also on 1 other board

Persons with Significant Control

Elta Investments Limited

75–100% shares
75–100% votes

7, The Ropewalk, Nottingham, NG1 5DU

Reg: 11413188 · Companies House · Limited Company

Notified 11/09/2018

Former PSCs

Mr Martin John Graham Bates

Ceased 31/07/2018

Mr Ian Mark Hallam

Ceased 05/09/2018

Mrs Jennifer Katharine Coulson

Ceased 05/09/2018

Mr Graham Paul Bates

Ceased 05/09/2018

Mrs Jilli Margaret Bates

Ceased 31/07/2018

Claverdon Fields Ltd

Ceased 11/09/2018

Charges3 outstanding

Charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 30/07/2020Registered 31/07/2020
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/05/2020Registered 26/05/2020
Charge
outstanding

BIBBY CORPORATE FINANCIAL SOLUTIONS LIMITED

Created 07/09/2018Registered 19/09/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/10/1996Registered 18/10/1996Satisfied 29/08/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 15/09/1993Registered 01/10/1993Satisfied 29/08/2018

CompanyRankvs 103+ SIC 46900 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.27× · 20/20
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 strength25/25 pts

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

Employees15/15 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.

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 31/07/2024

Net Worth

£5.8M

Balance sheet strength

Cash

£743k

Cash in the bank

Net Current Assets

£5.9M

Working capital

Current Assets

£10.5M

Current Liabilities

£4.6M

Fixed Assets

£57k

Debtors

£7.4M

39avg. employees+2

Tax at Year End(2020)

Corp tax£15k

Balance Sheet

Bank loans & overdrafts£192k
Assets less current liabilities£5.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.27+£274k
20232.98+£80k
20223.63+£657
20214.28+£20k
20206.45+£5.3M
20193.24+£0
20188.47—

Derived from filed accounts. Not audited figures.