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Element Gas & Heating Limited

09015769

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)

Details

4 PEAR TREE DRIVE, BIRMINGHAM, B43 6HS
Incorporated 29/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Namandip Dosanjh

director · Since 29/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 1 other board

Mr Jatinder Singh Malhi

director · Since 29/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 32

Also on 1 other board

Persons with Significant Control

Mr Jatinder Singh Malhi

25–50% shares

British · England · Age 32

4, Pear Tree Drive, Birmingham, B43 6HS

Notified 20/04/2016

Mr Namandip Dosanjh

25–50% shares

British · England · Age 32

4, Pear Tree Drive, Birmingham, B43 6HS

Notified 20/04/2016

CompanyRankvs 23426+ SIC 43220 peers
48

Financial strength11th percentile among SIC peers · 3/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.93× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 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.

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.

Longevity12/15 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 29/04/2025

Net Worth

-£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£150k

Current Liabilities

£161k

Fixed Assets

£5k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£2k
Signed by Mr Jatinder Malhi Mr Namandip Dosanjh 27/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.93+£29k
20240.74+£4k
20230.61+£12k
20220.06-£70k
20211.22-£6k
20203.29+£1k
20193.75+£5k
20182.00

Derived from filed accounts. Not audited figures.