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Elcom Systems Limited

02838561

active
Private Limited Company
england wales
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

ORION HOUSE, LONDON, WC2H 9EA
Incorporated 22/07/1993

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/07/2025

Due 30/07/2026

On track

Industry

63110
Data processing, hosting and related activities

Officers

William Lock

director · Since 01/12/2016

COMPANY DIRECTOR

ENGLISH · UNITED KINGDOM · Age 78

Also on 3 other boards

Grant Smith

director · Since 01/08/2021

COO

BRITISH · SCOTLAND · Age 49

Also on 3 other boards

Lisa Michelle Hammersley

director · Since 05/03/2026

BRITISH · UNITED KINGDOM · Age 53

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 11/03/2005Registered 24/03/2005
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 01/03/2001Registered 03/03/2001Satisfied 08/06/2005
charge
satisfied

SLOUGH TRADING ESTATE LIMITED

Created 26/11/1999Registered 14/12/1999Satisfied 09/11/2004
charge
satisfied

DEUTSCHE FINANCIAL SERVICES LIMITED

Created 24/11/1999Registered 03/12/1999Satisfied 04/01/2002

CompanyRankvs 12+ SIC 63110 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.19× · 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 31/12/2021

Net Worth

£8.1M

Balance sheet strength

Cash

£6.5M

Cash in the bank

Net Current Assets

£6.8M

Working capital

Current Assets

£12.6M

Current Liabilities

£5.8M

Fixed Assets

£1.6M

Debtors

£1.7M

Profit After Tax

£653k

41avg. employees+11

Tax at Year End(2017)

Corp tax£4k

Balance Sheet

Intangible assets£1.4M
Assets less current liabilities£8.4M
Prepared with Sage Accounts Production 21.0 - FRS102_2021

EstimatesDerived

YearCurrent RatioImplied Profit
20212.19-£837k
20202.39+£653k
20192.84+£1.1M
20184.30+£167k
20175.87

Derived from filed accounts. Not audited figures.