Back to search

Element Logic Uk Ltd

11095698

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

5 OSWIN ROAD, LEICESTER, LE3 1HR
Incorporated 04/12/2017

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 13/12/2025

Due 27/12/2026

On track

Industry

62090
Other information technology service activities

Officers

Mr Scott Royston Torrington

director · Since 01/07/2024

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 52

Ms. Eir Bjordal Bjã˜Rkly

director · Since 22/11/2024

DIRECTOR

NORWEGIAN · NORWAY · Age 45

Persons with Significant Control

Former PSCs

Dag-Adler Blakseth

Ceased 29/07/2021

Charges1 outstanding

Charge
outstanding

NORDIC TRUSTEE & AGENCY AB (PUBL) (AS SECURITY AGENT)

Created 14/10/2021Registered 15/10/2021

CompanyRankvs 40307+ SIC 62090 peers
34

Financial strength3th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.74× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength1/25 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.

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 31/12/2020

Net Worth

-£142k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£158k

Working capital

Current Assets

£451k

Current Liabilities

£608k

Fixed Assets

£16k

Debtors

£451k

3avg. employees+1

Balance Sheet

Assets less current liabilities-£142k
Signed by Mr J Clouston-Jones 23 June 2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20200.74+£376k
20190.08

Derived from filed accounts. Not audited figures.