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Fifth Element Systems Limited

04027265

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

59 WESTBOURNE DRIVE, GLOUCESTER, GL2 4RU
Incorporated 05/07/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities

Officers

Mr Richard Edward Meredith-Wilks

secretary · Since 05/07/2000

BUSINESS SYSTEMS DEVELOPER

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Mr Richard Edward Meredith-Wilks

director · Since 05/07/2000

BUSINESS SYSTEMS DEVELOPER

BRITISH · ENGLAND · Age 56

Also on 7 other boards

Persons with Significant Control

Mr Richard Edward Meredith-Wilks

75–100% shares
75–100% votes
Appoint directors
Significant control

British · England · Age 56

59 Westbourne Drive, Gloucester, GL2 4RU

Notified 07/07/2016

CompanyRankvs 708+ SIC 62012 peers
87

Financial strength94th percentile among SIC peers · 24/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 7.04× · 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 strength24/25 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 31/12/2025

Turnover

£296k

Annual revenue

Net Worth

£373k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£373k

Working capital

Current Assets

£435k

Current Liabilities

£62k

Profit After Tax

£161k

4avg. employees

Balance Sheet

Assets less current liabilities£373k
Signed by 1.1.25Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20257.04+£79k
20247.63+£22k
20234.99+£26k
20227.05-£198k
202116.73+£81k
20209.45-£17k
20198.87+£27k
20188.00

Derived from filed accounts. Not audited figures.