Next Element Ltd
05950148
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 28/09/2006
WEB DESIGNER
BRITISH · UNITED KINGDOM · Age 41
Also on 1 other board
Persons with Significant Control
Mr Alexander Chater
British · England · Age 41
Union House, 111 New Union Street, Coventry, CV1 2NT
Notified 06/04/2016
Mr Rupert Chater
British · Wales · Age 50
Union House, 111 New Union Street, Coventry, CV1 2NT
Notified 06/04/2016
CompanyRankvs 4221+ SIC 58190 peers58
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2024
Net Worth
£100
Balance sheet strength
Cash
£19k
Cash in the bank
Net Current Assets
-£5k
Working capital
Current Assets
£37k
Current Liabilities
£42k
Fixed Assets
£5k
Debtors
£12k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.89 | — |
| 2023 | 0.88 | — |
| 2022 | 0.88 | — |
| 2021 | 0.88 | -£718 |
| 2020 | 2.24 | — |
| 2019 | 0.92 | — |
| 2018 | 0.92 | — |
Derived from filed accounts. Not audited figures.