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Elgin Bay Consultants Limited

04304053

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

1 NEWARK ROAD, NEWARK, NG24 2QF
Incorporated 12/10/2001

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/10/2025

Due 26/10/2026

On track

Industry

33200
Installation of industrial machinery and equipment

Officers

Mr Nigel Richard Cove

director · Since 12/10/2001

DIRECTOR

BRITISH · ENGLAND · Age 70

Also on 3 other boards

Mr Matthew Richard Cove

director · Since 21/10/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 49

Also on 4 other boards

Persons with Significant Control

Mr Matthew Richard Cove

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

British · United Kingdom · Age 49

1, Newark Road, Newark, NG24 2QF

Notified 30/04/2024

Former PSCs

Mr Nigel Richard Cove

Ceased 30/04/2024

Mrs Susan Jane Cove

Ceased 01/06/2023

CompanyRankvs 347+ SIC 33200 peers
81

Financial strength78th percentile among SIC peers · 20/25
Employees74th percentile among SIC peers · 11/15
LiquidityCurrent ratio 2.15× · 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 strength20/25 pts

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

Employees11/15 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 31/12/2024

Net Worth

£176k

Balance sheet strength

Cash

£85k

Cash in the bank

Net Current Assets

£159k

Working capital

Current Assets

£297k

Current Liabilities

£139k

Fixed Assets

£21k

Debtors

£213k

4avg. employees

Tax at Year End

Corp tax£10k

Director Loans

Company owes directors£13
Directors owe company£14k

Balance Sheet

Assets less current liabilities£179k
Signed by Mr Matthew Cove 29 September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.15+£30k
20234.14+£35k
20212.23+£68k
20201.80+£35k
20191.34
20181.01

Derived from filed accounts. Not audited figures.