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Elemental Resources Limited

09382897

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

3 ORCHARD PLACE, 2ND FLOOR, LONDON, SW1H 0BF
Incorporated 12/01/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

09900
Support activities for other mining and quarrying

Officers

Mr Frederick Augustus Ronald Peter Mcmillan Bell

director · Since 12/01/2015

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 40

Also on 14 other boards

Persons with Significant Control

Elemental Altus Royalties Corp

75–100% shares

800 West Pender, Suite 1020, Vancouver

Reg: C1083309 · Canada Company Register · Bc Company

Notified 08/11/2023

Former PSCs

Mr Frederick Augustus Ronald Peter Mcmillan Bell

Ceased 29/05/2020

CompanyRankvs 224+ SIC 09900 peers
61

Financial strength4th percentile among SIC peers · 1/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 99.49× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceAll filings up to date · 15/15
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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.

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.

Longevity11/15 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 31/12/2021

Net Worth

-£94k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

Working capital

Current Assets

£308k

Current Liabilities

£3k

5avg. employees

Balance Sheet

Assets less current liabilities£305k
Signed by 09382897 2021-01-01 2021-12-31 09382897 2021-12-31 09382897 core:CurrentFinancialInstruments core:WithinOneYear 2021-12-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent Ratio
202199.49

Derived from filed accounts. Not audited figures.