Element Creations Limited
10873661
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 19/07/2017
COMPANY DIRECTOR
FRENCH · UNITED KINGDOM · Age 45
Also on 1 other board
Persons with Significant Control
Former PSCs
Mr Matthew Hodgson
Ceased 27/09/2019
Ms Amandine Le Pape
Ceased 03/07/2018
Charges2 outstanding
HSBC INNOVATION BANK LIMITED
HSBC INNOVATION BANK LIMITED
CompanyRankvs 1886+ SIC 62012 peers74
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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 30/06/2020
Net Worth
£7.5M
Balance sheet strength
Cash
£8.1M
Cash in the bank
Net Current Assets
£7.4M
Working capital
Current Assets
£8.3M
Current Liabilities
£904k
Fixed Assets
£103k
Debtors
£237k
Profit After Tax
-£1.9M
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2020 | 9.17 |
Derived from filed accounts. Not audited figures.