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Elite Motorsport Ltd

10790645

active
Private Limited Company
england wales
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

PARK GRANGE, THETFORD, IP25 7PA
Incorporated 26/05/2017

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 26/05/2026

Due 09/06/2027

On track

Industry

93199
Other amusement and recreation activities

Officers

Mr Edward Ives

director · Since 26/05/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 1 other board

Persons with Significant Control

Mr Edward Ives

75–100% shares

British · United Kingdom · Age 34

Park Grange, Shipdham, Thetford, IP25 7PA

Notified 26/05/2017

Charges2 outstanding

Charge
outstanding

ARKLE FINANCE LTD

Created 19/01/2026Registered 30/01/2026
Charge
satisfied

ARKLE FINANCE LTD

Created 02/03/2022Registered 02/03/2022Satisfied 28/05/2025
Charge
satisfied

ARKLE FINANCE LTD

Created 12/01/2022Registered 12/01/2022Satisfied 04/03/2025
Charge
outstanding

ARKLE FINANCE LTD

Created 22/06/2021Registered 06/07/2021

CompanyRankvs 12560+ SIC 93199 peers
34

Financial strength1th percentile among SIC peers · 0/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees14/15 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.

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 31/05/2025

Net Worth

-£728k

Balance sheet strength

Cash

£16k

Cash in the bank

Net Current Assets

-£364k

Working capital

Current Assets

£424k

Current Liabilities

£787k

Fixed Assets

£811k

Debtors

£408k

13avg. employees+3

Balance Sheet

Assets less current liabilities£447k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.54-£294k
20241.25-£181k
20230.65+£38k
20220.30-£50k
20210.74

Derived from filed accounts. Not audited figures.