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Elgin Bay Consultants Limited

04304053

active
Private Limited Company
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

Accounts

Up to date

Confirmation statement

Up to date

Industry

33200
Installation of industrial machinery and equipment

Officers

Matthew Richard Cove

director · Since 21/10/2019

British

Nigel Richard Cove

director · Since 12/10/2001

British

Former

Susan Jane Cove

secretary · Resigned 31/12/2024

Steven William Schofield

secretary · Resigned 16/10/2007

York Place Company Secretaries Limited

corporate secretary · Resigned 12/10/2001

Susan Jane Cove

director · Resigned 31/12/2024

York Place Company Nominees Limited

corporate director · Resigned 12/10/2001

CompanyRankvs 3960+ 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

Derived from filed accounts. Not audited figures.