Elegant Software Ltd
09696566
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 21/07/2015
MANAGING DIRECTOR
BRITISH · ENGLAND · Age 33
Also on 1 other board
Persons with Significant Control
Mmdrd Ltd
St Bede's Chambers, Albert Road, Jarrow, NE32 5RR
Reg: 12177126 · Companies House · Ltd
Notified 18/01/2021
Former PSCs
Mr George O'Toole
Ceased 18/01/2021
CompanyRankvs 51004+ SIC 62090 peers36
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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
-£15k
Balance sheet strength
Cash
£1k
Cash in the bank
Net Current Assets
-£694
Working capital
Current Assets
£15k
Current Liabilities
£15k
Fixed Assets
£776
Debtors
£13k
Tax at Year End(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.95 | -£26k |
| 2024 | 8.75 | -£11k |
| 2023 | 2.74 | +£13k |
| 2022 | 2.26 | -£128k |
| 2021 | 3.48 | +£17k |
| 2020 | 2.68 | +£94k |
| 2019 | 1.43 | — |
Derived from filed accounts. Not audited figures.