Fifth Element Engineering Ltd
11382876
Healthy
- No accounts filed in last 18 months (-5)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 25/05/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 56
Also on 4 other boards
Persons with Significant Control
Mr Craig Robert Barclay
British · United Kingdom · Age 56
Minstral House, Kingfisher Way, Newcastle Upon Tyne, NE28 9NX
Notified 25/05/2018
Former PSCs
Mr John Laurence Gill
Ceased 03/08/2020
Mr Darren John Reilly
Ceased 03/08/2020
Charges2 outstanding
MITSUBISHI HC CAPITAL UK PLC
BARCLAYS SECURITY TRUSTEE LIMITED
CompanyRankvs 8479+ SIC 71129 peers50
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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 30/09/2024
Net Worth
£97k
Balance sheet strength
Cash
£35k
Cash in the bank
Net Current Assets
£118k
Working capital
Current Assets
£499k
Current Liabilities
£381k
Debtors
£464k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.31 | +£20k |
| 2023 | 1.50 | +£82k |
| 2022 | 0.99 | +£66k |
| 2021 | 0.87 | +£8k |
| 2020 | 0.75 | -£104k |
| 2019 | 1.06 | — |
Derived from filed accounts. Not audited figures.