Back to search

Element 5 Limited

05328779

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

MOORGATE HOUSE, NEWTON ABBOT, TQ12 2LG
Incorporated 11/01/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Sean Jason Westlake

secretary · Since 11/01/2005

CONSTRUCTION

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Ian John Powell

director · Since 11/01/2005

CONSTRUCTION

BRITISH · ENGLAND · Age 60

Also on 1 other board

Mr Sean Jason Westlake

director · Since 11/01/2005

DIRECTOR

BRITISH · ENGLAND · Age 57

Also on 4 other boards

Persons with Significant Control

Ian John Powell

25–50% shares
25–50% votes

British · England · Age 60

Moorgate House, King Street, Newton Abbot, TQ12 2LG

Notified 06/04/2016

Mr Sean Jason Westlake

25–50% shares
25–50% votes

British · England · Age 57

Moorgate House, King Street, Newton Abbot, TQ12 2LG

Notified 06/04/2016

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 12/06/2007Registered 19/06/2007
charge
satisfied

HSBC BANK PLC

Created 12/08/2005Registered 24/08/2005Satisfied 11/07/2006
charge
outstanding

HSBC BANK PLC

Created 18/07/2005Registered 21/07/2005

CompanyRankvs 36307+ SIC 41100 peers
41

Financial strength37th percentile among SIC peers · 9/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength9/25 pts

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

Employees10/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 28/02/2025

Net Worth

£100

Balance sheet strength

Cash

£244

Cash in the bank

Net Current Assets

-£187k

Working capital

Current Assets

£97k

Current Liabilities

£284k

Fixed Assets

£472

Debtors

£10

2avg. employees

Balance Sheet

Assets less current liabilities-£187k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.34
20240.34
20230.35
20220.35
20210.35-£3k
20200.36-£3k
20190.36

Derived from filed accounts. Not audited figures.