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Elutions Ltd

03166719

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

10 CONNAUGHT SQUARE, LONDON, W2 2HG
Incorporated 01/03/1996

Compliance

Last accounts

31/12/2024

unaudited abridged

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 15/07/2025

Due 29/07/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Christopher Matthew Voss

director · Since 01/07/2011

DIRECTOR

AMERICAN · UNITED STATES · Age 64

Mr Paul Robert Wade

director · Since 09/01/2023

STRATEGIC DEVELOPMENT DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 1 other board

Persons with Significant Control

Mrs Elizabeth Doucas

significant-influence-or-control-as-trust

American · United States · Age 67

1231, West Way Drive, Sarasota

Notified 06/04/2016

Former PSCs

Mr William Paul Doucas

Ceased 31/12/2020

Charges1 outstanding

Charge
satisfied

BARCLAYS BANK PLC

Created 15/03/2021Registered 19/03/2021Satisfied 15/09/2022
Charge
outstanding

BARCLAYS BANK PLC

Created 12/11/2013Registered 25/11/2013

CompanyRankvs 598+ SIC 62090 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.23× · 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 strength24/25 pts

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

Employees14/15 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 31/12/2024

Net Worth

£639k

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

£639k

Working capital

Current Assets

£1.2M

Current Liabilities

£520k

Fixed Assets

£0

Debtors

£1.1M

12avg. employees-1

Balance Sheet

Intangible assets£0
Assets less current liabilities£639k
Signed by 2024-01-01Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20242.23+£89k
20232.00+£18k
20222.03+£16k
20211.25+£48k
20201.65+£87k
20191.36+£30k
20181.24

Derived from filed accounts. Not audited figures.