Element Softworks Ltd
09486419
Healthy
No risk factors detected.
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 15/05/2023
WEB DEVELOPER
ENGLISH · ENGLAND · Age 30
Also on 1 other board
Persons with Significant Control
Mr Luke Jordan Brown
British · England · Age 29
Element Softworks, Innovation Centre, Knowledge Gateway, Colchester, CO4 3ZQ
Notified 06/04/2016
CompanyRankvs 657+ SIC 58290 peers79
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/03/2025
Net Worth
£134k
Balance sheet strength
Cash
£167k
Cash in the bank
Net Current Assets
£93k
Working capital
Current Assets
£264k
Current Liabilities
£171k
Fixed Assets
£41k
Debtors
£97k
Tax at Year End(2019)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 1.54 | +£68k |
| 2024 | 1.06 | -£26k |
| 2023 | 2.17 | +£23k |
| 2022 | 1.95 | +£62k |
| 2021 | 1.57 | — |
| 2020 | 0.89 | — |
| 2019 | 0.87 | — |
Derived from filed accounts. Not audited figures.