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Elcoin Ltd

10755607

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

THE SMITHS BUILDING, LONDON, W1W 5PL
Incorporated 05/05/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62090
Other information technology service activities
63110
Data processing, hosting and related activities
82110
Combined office administrative service activities

Officers

Mr Sergejs Svircenkovs

director · Since 05/05/2017

CHIEF EXECUTIVE OFFICER

LATVIAN · ENGLAND · Age 32

Mr Andrejs Svircenkovs

director · Since 21/06/2018

CHAIRMAN OF THE BOARD

LATVIAN · ENGLAND · Age 63

Persons with Significant Control

Mr Sergejs Svircenkovs

25–50% shares
25–50% votes
Appoint directors

Latvian · England · Age 32

The Smiths Building, 179 Great Portland Street, London, W1W 5PL

Notified 05/05/2017

Former PSCs

Mr Roy Brian Welch

Ceased 09/10/2017

Mr Andrejs Svircenkovs

Ceased 21/06/2018

CompanyRankvs 14238+ SIC 62012 peers
68

Financial strength98th percentile among SIC peers · 25/25
Employees88th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees13/15 pts

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

Liquidity6/20 pts

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

Longevity9/15 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.

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

£2.1M

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

-£405k

Working capital

Current Assets

£428k

Current Liabilities

£833k

Fixed Assets

£2.6M

Debtors

£427k

4avg. employees-19

Balance Sheet

Intangible assets£2.5M
Assets less current liabilities£2.2M
Signed by Mr S Svircenkovs 26th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51+£689k
20230.37+£1.4M
20221.00-£417k
20210.25+£190k
20200.70+£100k
20193.46+£0
20184.33

Derived from filed accounts. Not audited figures.