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Element Labs Ltd

07952021

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

52 WOODFIELD ROAD, SHREWSBURY, SY3 8HX
Incorporated 16/02/2012

Compliance

Last accounts

28/02/2025

micro entity

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 07/09/2025

Due 21/09/2026

On track

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr David William Bassett

director · Since 16/02/2012

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 4 other boards

Persons with Significant Control

Mr David William Bassett

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

British · England · Age 71

74 Copthorne Drive, Copthorne, Shrewsbury, SY3 8RX

Notified 06/04/2016

CompanyRankvs 962+ SIC 47110 peers
80

Financial strength96th percentile among SIC peers · 24/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 9.71× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

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

Employees7/15 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.

Longevity14/15 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

£297k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£116k

Working capital

Current Assets

£129k

Current Liabilities

£13k

Fixed Assets

£186k

3avg. employees

Balance Sheet

Assets less current liabilities£302k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20259.71-£356
20246.71+£7k
20234.37+£15k
20222.85+£41k
20211.94+£49k
202010.73+£35k
20198.80

Derived from filed accounts. Not audited figures.