Elder Technologies Limited
09803204
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/12/2020
DIRECTOR
BRITISH · UNITED KINGDOM · Age 69
Also on 11 other boards
Persons with Significant Control
Elder Topco Limited
230, City Road, London, EC1V 2TT
Reg: 15974824 · Companies House Register · Limited Company
Notified 02/10/2024
Former PSCs
Mr Peter Gerard Dowds
Ceased 27/11/2018
Mr Thomas Robert Brooks
Ceased 27/11/2018
Mainspring Nominees (2) Limited
Ceased 07/09/2022
Mainsprings Nominees Limited
Ceased 07/09/2022
Acton Fund V Gmbh & Co. Kg
Ceased 02/10/2024
Charges1 outstanding
IPF INVEST CO 2 S.À R.L
CLARET EUROPEAN SPECIALTY LENDING COMPANY III SARL
COLUMBIA LAKE PARTNERS GROWTH LENDING I (LUXCO) S.A.R.L.
CompanyRankvs 347010+ SIC 62012 peers28
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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.
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 going concern are d
Key FinancialsYear ending 31/03/2022
Turnover
£7.3M
Annual revenue
Net Worth
-£157k
Balance sheet strength
Cash
£2.0M
Cash in the bank
Profit Before Tax
-£6.5M
Bottom line earnings
Net Current Assets
-£1.7M
Working capital
Current Assets
£4.2M
Current Liabilities
£5.9M
Fixed Assets
£4.4M
Debtors
£2.2M
Cost of Sales
£252k
Gross Profit
£7.1M
Admin Expenses
£13.2M
Operating Profit
-£6.1M
Profit After Tax
-£5.8M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2022 | 0.71 | -£5.6M |
| 2021 | 1.88 | -£2.1M |
| 2020 | 4.20 | +£5.2M |
| 2019 | 1.80 | — |
Derived from filed accounts. Not audited figures.