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Elco Group Ltd

10897802

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

UNIT 1, LAKES COURT NEWBOROUGH ROAD, BURTON-ON-TRENT, DE13 9PD
Incorporated 03/08/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Luca Simone Aldibek

director · Since 03/08/2017

MANAGING DIRECTOR

ITALIAN · ENGLAND · Age 32

Mr Chris Day

director · Since 04/08/2025

CHIEF FINANCIAL OFFICER

BRITISH · UNITED KINGDOM · Age 42

Also on 1 other board

Persons with Significant Control

Project Better Energy Limited

75–100% shares
75–100% votes
Appoint directors

Unit 1, Lakes Court, Lancaster Park, Newborough Road, Burton-On-Trent, DE13 9PD

Reg: 07923909 · Companies House · Private Company Limited By Shares

Notified 04/08/2025

Former PSCs

Mr Luca Simone Aldibek

Ceased 04/08/2025

CompanyRankvs 1747+ SIC 43210 peers
84

Financial strength100th percentile among SIC peers · 25/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.61× · 20/20
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.

Employees15/15 pts

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

Liquidity20/20 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 31/08/2024

Net Worth

£3.8M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Net Current Assets

£3.8M

Working capital

Current Assets

£6.2M

Current Liabilities

£2.4M

Fixed Assets

£32k

Debtors

£3.7M

15avg. employees+6

Balance Sheet

Assets less current liabilities£3.8M
Signed by Mr Luca Aldibek 19/12/2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.61+£2.1M
20232.12+£1.3M
20221.56+£171k
20211.98
20202.12
20192.05
20181.21

Derived from filed accounts. Not audited figures.