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Elan It Services Ltd.

09324373

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

57 KINGSDOWN AVENUE, LUTON, LU2 7BU
Incorporated 24/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

70229
Management consultancy activities

Officers

Mr. Muhammad Ibrahim

director · Since 24/11/2014

IT CONSULTANT

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Muhammad Ibrahim

25–50% shares
25–50% votes

British · England · Age 44

57, Kingsdown Avenue, Luton, LU2 7BU

Notified 06/04/2016

Mrs Zubia Shehrzad

25–50% shares

British · England · Age 39

57, Kingsdown Avenue, Luton, LU2 7BU

Notified 17/11/2019

CompanyRankvs 3621+ SIC 70229 peers
85

Financial strength95th percentile among SIC peers · 24/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.33× · 20/20
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 strength24/25 pts

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

Employees14/15 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.

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 30/11/2024

Net Worth

£285k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£282k

Working capital

Current Assets

£335k

Current Liabilities

£53k

Fixed Assets

£5k

3avg. employees+2

Balance Sheet

Assets less current liabilities£287k
Signed by Mr Muhammad Ibrahim 21/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.33+£41k
2023+£70k
2022+£24k
2021+£62k
2020+£70k
2019-£2k

Derived from filed accounts. Not audited figures.