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Elements Industrial Storage Limited

10061252

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

ELEMENTS INDUSTRIAL STORAGE LIMITED (DBA 'BANAIR') UNIT F, CRACKLEY WAY, DUDLEY, DY2 0UW
Incorporated 14/03/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25110
Manufacture of metal structures and parts of structures

Officers

Mr Andrew George Gunn

director · Since 16/11/2016

DIRECTOR

ENGLISH · ENGLAND · Age 48

Also on 4 other boards

Mr Andrew George Gunn

secretary · Since 18/11/2016

Also on 4 other boards

Persons with Significant Control

Banair (Holdings) Ltd

75–100% shares

The Squires, 5 Walsall Street, Wednesbury, WS10 9BZ

Reg: 11863740 · England & Wales · Limited Company

Notified 01/07/2019

Former PSCs

Mr Andrew George Gunn

Ceased 01/07/2019

Mrs Sabina Elizabeth Gunn

Ceased 01/07/2019

Charges1 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 11/11/2020Registered 16/11/2020

CompanyRankvs 1485+ SIC 25110 peers
53

Financial strength73th percentile among SIC peers · 18/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.08× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2024

Net Worth

£261k

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£191k

Working capital

Current Assets

£2.6M

Current Liabilities

£2.4M

Fixed Assets

£199k

Debtors

£575k

3avg. employees

Tax at Year End

Corp tax£391k

Balance Sheet

Intangible assets£97k
Assets less current liabilities£390k
Signed by A G Gunn 03/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.08-£1.4M
20231.63

Derived from filed accounts. Not audited figures.