Elemental Concept 2016 Limited
10424134
Some Concerns
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
secretary · Since 14/04/2020
director · Since 09/01/2026
BRITISH · ENGLAND · Age 35
Also on 2 other boards
Persons with Significant Control
Mr Bimal Shah
British · England · Age 51
First Floor, 1 Chancery Lane, London, WC2A 1LF
Notified 12/10/2016
Former PSCs
Dr Philip Jonathan Jacobs
Ceased 07/12/2022
Pentland Capital Ltd
Ceased 31/07/2025
Charges1 outstanding
LLOYDS BANK COMMERCIAL FINANCE LIMITED
CompanyRankvs 16595+ SIC 62090 peers55
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/12/2024
Net Worth
£1.7M
Balance sheet strength
Cash
£407k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£1.2M
Fixed Assets
£33k
Debtors
£2.2M
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | — | +£391k |
| 2023 | 2.03 | +£152k |
| 2022 | 1.77 | +£1.8M |
| 2021 | 0.99 | -£132k |
| 2020 | 1.07 | -£526k |
| 2019 | 0.75 | — |
| 2018 | 0.91 | — |
Derived from filed accounts. Not audited figures.