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Elements Well Engineering Limited

11339067

active
Private Limited Company
england wales
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

320 FIRECREST COURT, WARRINGTON, WA1 1RG
Incorporated 01/05/2018

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 30/04/2026

Due 14/05/2027

On track

Industry

71121
Engineering design activities for industrial process and production

Officers

David Cockram

director · Since 01/05/2018

DIRECTOR

BRITISH · WALES · Age 46

Persons with Significant Control

David Cockram

75–100% shares
75–100% votes

British · Wales · Age 46

320 Firecrest Court, Centre Park, Warrington, WA1 1RG

Notified 01/05/2018

CompanyRankvs 4330+ SIC 71121 peers
52

Financial strength87th percentile among SIC peers · 22/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio -5.24× · 2/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees5/15 pts

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

Liquidity2/20 pts

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

Longevity8/15 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 31/10/2023

Net Worth

£116k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£81k

Working capital

Current Assets

£100k

Current Liabilities

-£19k

Fixed Assets

£37k

1avg. employees

Balance Sheet

Total assets£100k
Assets less current liabilities£117k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20235.24+£124k
20220.18
20210.92
20204.34-£14k
20192.14

Derived from filed accounts. Not audited figures.