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Ellite Properties Ltd

11346793

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

WEST ONE ASAMA COURT, NEWCASTLE UPON TYNE, NE4 7YD
Incorporated 04/05/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Dr Akash Ghai

director · Since 04/05/2018

DENTIST

BRITISH · UNITED KINGDOM · Age 47

Also on 3 other boards

Dr Deepinder Singh Somal

director · Since 04/05/2018

DENTIST

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Ryecroft Holdings Limited

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

West One, Asama Court, Newcastle Upon Tyne, NE4 7YD

Reg: 11922683 · Companies House · Limited Company

Notified 18/03/2020

Former PSCs

Miss Magdalena Gajos Docherty

Ceased 20/06/2020

Dr Akash Ghai

Ceased 01/03/2024

Charges2 outstanding

Charge
outstanding

UNITY TRUST BANK PLC (COMPANY NUMBER 01713124)

Created 22/06/2022Registered 23/06/2022
Charge
outstanding

UNITY TRUST BANK PLC (COMPANY NUMBER 01713124)

Created 22/06/2022Registered 23/06/2022
Charge
satisfied

LLOYDS BANK PLC

Created 28/05/2021Registered 03/06/2021Satisfied 23/06/2022
Charge
satisfied

LLOYDS BANK PLC

Created 30/10/2020Registered 06/11/2020Satisfied 23/06/2022
Charge
satisfied

LLOYDS BANK PLC

Created 30/10/2020Registered 02/11/2020Satisfied 23/06/2022

CompanyRankvs 16223+ SIC 41100 peers
56

Financial strength83th percentile among SIC peers · 21/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 221.72× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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16223Ellite Properties Ltd
66
How is this score calculated?
Financial strength21/25 pts

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

Employees2/15 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.

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.

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 31/10/2023

Net Worth

£157k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£1.8M

Working capital

Current Assets

£1.8M

Current Liabilities

£8k

Debtors

£1.8M

0avg. employees

Balance Sheet

Bank loans & overdrafts£3.6M
Assets less current liabilities£7.5M
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2023221.72+£25k
20221.74+£75k
2021532.86-£32k
20201.17+£68k
20201.05+£19k
20190.99—

Derived from filed accounts. Not audited figures.