Back to search

Elite Engineering (Europe) Ltd

09018734

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

UNIT 5, LONDON, E15 1DN
Incorporated 30/04/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41201
Construction of commercial buildings

Officers

Mr Mohammed Yusuf Rab

director · Since 30/04/2014

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 2 other boards

Persons with Significant Control

Mr Mohammed Yusuf Rab

75–100% shares

British · England · Age 47

Unit 5, Thornham Grove, London, E15 1DN

Notified 06/04/2016

CompanyRankvs 17972+ SIC 41201 peers
37

Financial strength2th percentile among SIC peers · 1/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.95× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Flower & Hayes Limited
90
2Wernick Buildings Limited
90
3Modex Spaces Ltd
90
4Taylor Lindsey Limited
90
5A.W. Hardy & Co. Limited
90
6H.H.Adkins(Contractors)Limited
90
7Walter Carefoot & Sons (Construction) Limited
90
8A. Hammond & Sons Limited
90
9John West (Contractors) Limited
90
10J.W. Crowther & Son Limited
90
17972Elite Engineering (Europe) Ltd
43
How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

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

cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). 2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 30/04/2025

Net Worth

-£106k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£64k

Working capital

Current Assets

£1.2M

Current Liabilities

£1.3M

Fixed Assets

£17k

Debtors

£1.2M

5avg. employees

Tax at Year End

Corp tax£42k
VAT£24k

Balance Sheet

Assets less current liabilities-£47k
Signed by Mr Mohammed Rab 27 February 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.95+£0£471k
20250.95-£136k£471k
20241.63-£148k—
20231.09+£152k—
20221.80-£21k—
20212.04-£18k—
202011.35+£396k—
20190.60-£183k—
20180.53——

Derived from filed accounts. Not audited figures.