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Elevation Recruitment Group Limited

09183022

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

THE HERIOT BUILDING, ROTHERHAM, S60 1BX
Incorporated 20/08/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70100
Activities of head offices

Officers

Mr Lee Bhandal

director · Since 20/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Greg Parkinson

director · Since 20/08/2014

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

Persons with Significant Control

Elevation Holdings Limited

75–100% shares

South Grove House, South Grove, Rotherham, S60 2AF

Reg: 09786242 · Companies House · Private Limited Company

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

GREG PARKINSON (AS SECURITY TRUSTEE)

Created 02/03/2021Registered 10/03/2021
Charge
outstanding

HSBC BANK PLC

Created 05/09/2014Registered 05/09/2014

CompanyRankvs 13067+ SIC 70100 peers
24

Financial strength37th percentile among SIC peers · 9/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.83× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 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

Outstanding charges: -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

Key FinancialsYear ending 31/12/2024

Net Worth

£300

Balance sheet strength

Cash

£6k

Cash in the bank

Profit Before Tax

-£179

Bottom line earnings

Net Current Assets

-£440k

Working capital

Current Assets

£2.1M

Current Liabilities

£2.5M

Debtors

£2.1M

Admin Expenses

£179

Profit After Tax

-£179

0avg. employees

Tax at Year End(2023)

Corp tax£0

Balance Sheet

Assets less current liabilities£204k
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20240.83
20230.83
20220.83
20210.83
20201.10
20191.06

Derived from filed accounts. Not audited figures.