Elevation Developments Ltd
10723653
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 13/04/2017
DIRECTOR
BRITISH · ENGLAND · Age 49
Also on 5 other boards
Persons with Significant Control
Mr David Andrew Joynt
British · England · Age 49
122, Addison Gardens, London, W14 0DS
Notified 13/04/2017
Mr John Joseph Spellman
Irish · United Kingdom · Age 60
122, Addison Gardens, London, W14 0DS
Notified 13/04/2017
CompanyRankvs 71785+ SIC 41100 peers30
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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 30/04/2025
Net Worth
-£44k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
£12k
Current Liabilities
£36k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.34 | -£9k |
| 2024 | 0.01 | -£12k |
| 2023 | 5.66 | -£4k |
| 2022 | 13.16 | -£6k |
| 2021 | 24.41 | -£630 |
| 2020 | 0.01 | -£5k |
| 2019 | 0.06 | — |
Derived from filed accounts. Not audited figures.