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Elegance Solutions Limited

06792940

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

6 TRINITY PLACE, SUTTON COLDFIELD, B72 1TX
Incorporated 15/01/2009

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Michael Anthony Jones

director · Since 15/01/2009

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Ms Davina Sanders

secretary · Since 25/05/2009

ADMINSTRATOR

BRITISH · Age 53

Persons with Significant Control

Mr Mike Anthony Jones

Significant control

British · England · Age 65

6 Trinity Place, Midland Drive, Sutton Coldfield, B72 1TX

Notified 06/04/2016

Mrs Davina Jane Jones

25–50% shares
25–50% votes
Appoint directors

British · England · Age 53

6 Trinity Place, Midland Drive, Sutton Coldfield, B72 1TX

Notified 01/02/2023

CompanyRankvs 42882+ SIC 62020 peers
62

Financial strength43th percentile among SIC peers · 11/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.77× · 6/20
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 strength11/25 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.

Liquidity6/20 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 28/02/2025

Net Worth

£957

Balance sheet strength

Cash

£31k

Cash in the bank

Net Current Assets

-£45k

Working capital

Current Assets

£153k

Current Liabilities

£197k

Fixed Assets

£52k

Debtors

£95k

10avg. employees

Balance Sheet

Assets less current liabilities£8k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.77—
20240.98+£34k
20230.82—

Derived from filed accounts. Not audited figures.