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Elite Accounting Solutions Ltd

05234217

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

1ST FLOOR, PORTFOLIO PLACE 498 BROADWAY, OLDHAM, OL9 9PY
Incorporated 17/09/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

69202
Bookkeeping activities

Officers

Mr Mohammad Qamar Majeed

director · Since 18/09/2012

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Mohammad Qamar Majeed

75–100% shares

British · England · Age 51

1st Floor, Portfolio Place, 498 Broadway, Oldham, OL9 9PY

Notified 31/12/2018

Former PSCs

Mrs Shamila Anjum Majeed

Ceased 23/04/2019

CompanyRankvs 2264+ SIC 69202 peers
75

Financial strength73th percentile among SIC peers · 18/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.02× · 12/20
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 strength18/25 pts

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

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 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 31/03/2025

Net Worth

£13k

Balance sheet strength

Cash

£70k

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£187k

Current Liabilities

£183k

Fixed Assets

£10k

Debtors

£117k

13avg. employees+3

Balance Sheet

Assets less current liabilities£13k
Signed by Mr Mohammad Majeed 16/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.02-£13k
20241.11-£28k
20230.96-£8k
20221.59-£7k
20211.66
20200.81
20190.93

Derived from filed accounts. Not audited figures.