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Element Animation Ltd

08270678

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

42 AVENSWOOD LANE, SCUNTHORPE, DN15 8TB
Incorporated 26/10/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

59112
Video production activities

Officers

Mr Daniel Lloyd

director · Since 26/10/2012

WEB PRODUCTION

BRITISH · ENGLAND · Age 35

Persons with Significant Control

Mr Daniel Lloyd

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

British · England · Age 35

42, Avenswood Lane, Scunthorpe, DN15 8TB

Notified 26/10/2016

CompanyRankvs 339+ SIC 59112 peers
74

Financial strength90th percentile among SIC peers · 23/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 9.58× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees12/15 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.

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

and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 30/09/2024

Net Worth

£68k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£58k

Working capital

Current Assets

£65k

Current Liabilities

£7k

Fixed Assets

£10k

Debtors

£57k

2avg. employees-2

Tax at Year End

Corp tax£6k
VAT£45k

Director Loans

Directors owe company£4k

Balance Sheet

Assets less current liabilities£68k
Signed by Mr Daniel Lloyd 08/04/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20249.58-£22k£896k
20231.54£896k

Derived from filed accounts. Not audited figures.