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Elevate Legal Services Uk Limited

08484761

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

ONE, NEWCASTLE UPON TYNE, NE1 3BZ
Incorporated 11/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr Liam Jerry Michael Brown

director · Since 11/04/2013

CEO

BRITISH · UNITED STATES · Age 57

Also on 2 other boards

Mr John Philip Kemble Croft

director · Since 11/04/2013

PRESIDENT

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Steve Harmon

secretary · Since 02/11/2019

Mr Steve Harmon

director · Since 19/06/2020

LAWYER

AMERICAN · UNITED STATES · Age 57

Also on 1 other board

Persons with Significant Control

Mr Liam Jerry Michael Brown

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

British · United States · Age 57

One, Central Parkway, Newcastle Upon Tyne, NE1 3BZ

Notified 30/06/2016

Mrs Dana Laureen Brown

ownership-of-shares-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-trust
right-to-appoint-and-remove-directors-as-trust

Canadian · United States · Age 55

One, Central Parkway, Newcastle Upon Tyne, NE1 3BZ

Notified 30/06/2016

Former PSCs

Elevate Services International Bv

Ceased 30/06/2016

Charges0 outstanding

Charge
satisfied

AVIDBANK

Created 17/05/2023Registered 23/05/2023Satisfied 07/08/2023
Charge
satisfied

SILICON VALLEY BANK

Created 13/08/2021Registered 17/08/2021Satisfied 07/08/2023
Charge
satisfied

SILICON VALLEY BANK

Created 16/08/2019Registered 19/08/2019Satisfied 07/08/2023
Charge
satisfied

SILICON VALLEY BANK

Created 16/08/2016Registered 23/08/2016Satisfied 07/08/2023

CompanyRankvs 113975+ SIC 70229 peers
39

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.52× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength0/25 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.

Longevity13/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£16.1M

Annual revenue

Net Worth

-£4.6M

Balance sheet strength

Cash

£1.8M

Cash in the bank

Profit Before Tax

£9.3M

Bottom line earnings

Net Current Assets

-£4.7M

Working capital

Current Assets

£5.0M

Current Liabilities

£9.7M

Fixed Assets

£66k

Debtors

£3.2M

Admin Expenses

£16.5M

Operating Profit

-£437k

Profit After Tax

£9.3M

127avg. employees-20

People Costs

Wages & salaries£9.5M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.52+£9.3M
20230.29

Derived from filed accounts. Not audited figures.