Elfreed Ltd
05738417
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Dlp Limited
Clinch's House, Lord Street, Douglas, IM99 1RZ
Reg: 001642v · Companies Registry Of The Isle Of Man · Company Limited By Shares
Notified 07/02/2022
Former PSCs
Mr Fred Mendelsohn
Ceased 07/02/2022
Mr Ken Terry
Ceased 07/02/2022
Mr Patrick Smulders
Ceased 07/02/2022
Charges0 outstanding
CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE AND YORKSHIRE BANK) (COMPANY NUMBER SC001111)
BANK OF SCOTLAND PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND
PETER AND SANDRA EILEEN HICKSON
CompanyRankvs 8569+ SIC 32990 peers37
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going concern
Key FinancialsYear ending 07/02/2022
Turnover
£8.2M
Annual revenue
Net Worth
-£2.7M
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£13k
Current Liabilities
£5.5M
Fixed Assets
£290k
Debtors
£202
Cost of Sales
£5.0M
Admin Expenses
£2.3M
Profit After Tax
£230k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.00 | -£872k |
| 2021 | 0.00 | -£1k |
| 2020 | 0.00 | — |
Derived from filed accounts. Not audited figures.