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Elan Precision Limited

05421664

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNITS 11 & 12 DEANFIELD DRIVE, CLITHEROE, BB7 1QJ
Incorporated 12/04/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining
25990
Manufacture of other fabricated metal products

Officers

Mr Joseph Alan Newton

director · Since 14/10/2020

ENGINEER

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Elan Precision Group Ltd

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

Units 11 & 12, Deanfield Drive, Clitheroe, BB7 1QJ

Reg: 12504053 · Register Of Companies · Limited Company

Notified 20/03/2020

Former PSCs

David Newton

Ceased 12/04/2024

Charges1 outstanding

charge
outstanding

HSBC BANK PLC

Created 01/06/2005Registered 02/06/2005

CompanyRankvs 413+ SIC 25620 peers
68

Financial strength76th percentile among SIC peers · 19/25
Employees62th percentile among SIC peers · 9/15
LiquidityCurrent ratio 5.54× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength19/25 pts

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

Employees9/15 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.

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 31/12/2024

Net Worth

£531k

Balance sheet strength

Cash

£247k

Cash in the bank

Net Current Assets

£517k

Working capital

Current Assets

£631k

Current Liabilities

£114k

Fixed Assets

£18k

Debtors

£369k

5avg. employees+1

Balance Sheet

Assets less current liabilities£535k
Signed by Mr Joseph Newton 23/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20245.54+£84k
20239.00-£107k
20228.52-£16k
202111.16

Derived from filed accounts. Not audited figures.