Elite Thermal Systems Limited
03679821
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/03/2025
total exemption full
Next accounts due
31/12/2026
Confirmation statement
Last: 19/02/2026
Due 05/03/2027
Industry
Officers
Persons with Significant Control
Mr Venkata Prasad Chadalavada
Indian · India · Age 66
Elite Court, 6 Stuart Road, Market Harborough, LE16 9PQ
Notified 01/11/2023
Mr Aditya Prasad Chadalavada
Indian · India · Age 36
6, Stuart Road, Market Harborough, LE16 9PQ
Notified 14/11/2024
Former PSCs
Mr Alfred Roberts
Ceased 01/11/2023
Mrs June Roberts
Ceased 01/11/2023
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 660+ SIC 26511 peers47
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
-£283k
Balance sheet strength
Cash
£89k
Cash in the bank
Net Current Assets
-£501k
Working capital
Current Assets
-£8k
Current Liabilities
£493k
Fixed Assets
£250k
Debtors
-£196k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | -0.02 | -£377k |
| 2024 | 0.69 | -£48k |
| 2023 | 0.74 | -£81k |
| 2022 | 1.26 | +£7k |
| 2021 | 1.27 | — |
Derived from filed accounts. Not audited figures.