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Element 10 Ltd

04950164

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

NP-105, ICENTRE HOWARD WAY, MILTON KEYNES, MK16 9PY
Incorporated 31/10/2003

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

62090
Other information technology service activities

Officers

Alex John Faiers

director · Since 20/11/2003

DESIGNER

BRITISH · FRANCE · Age 51

Julia Helen Faiers

secretary · Since 22/07/2014

BRITISH

Persons with Significant Control

Mr Alex John Faiers

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

British · France · Age 51

Au Prada, Larroque St Sernin, 32410

Notified 06/04/2016

CompanyRankvs 34399+ SIC 62090 peers
34

Financial strength4th percentile among SIC peers · 1/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.01× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength1/25 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.

Liquidity2/20 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

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/10/2024

Net Worth

-£76k

Balance sheet strength

Cash

£100

Cash in the bank

Net Current Assets

-£197k

Working capital

Current Assets

£2k

Current Liabilities

£199k

Fixed Assets

£174k

Debtors

£2k

2avg. employees-2

Tax at Year End

VAT£2k

Director Loans

Company owes directors£88k

Balance Sheet

Intangible assets£173k
Assets less current liabilities-£23k
Signed by A J Faiers 31/10/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.01-£10k£43k
20230.06
20220.97
20212.13+£22k
20201.35-£5k
20192.01-£5k
20181.97

Derived from filed accounts. Not audited figures.