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Elemag Ltd

11552421

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

FLAT 6 2 ATLANTIC AVENUE, MILTON KEYNES, MK10 7GU
Incorporated 04/09/2018

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

30/06/2027

On track

Confirmation statement

Last: 02/09/2025

Due 16/09/2026

On track

Industry

49320
Taxi operation

Officers

Dimitar Belenets

director · Since 04/09/2018

Bulgarian

CompanyRankvs 28550+ SIC 49320 peers
60

Financial strength80th percentile among SIC peers · 20/25
Employees34th percentile among SIC peers · 5/15
LiquidityCurrent ratio 1.32× · 12/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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2855Elemag Ltd
60
How is this score calculated?
Financial strength20/25 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.

Liquidity12/20 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 30/09/2025

Net Worth

£17k

Balance sheet strength

Cash

£903

Cash in the bank

Net Current Assets

£5k

Working capital

Current Assets

£23k

Current Liabilities

£17k

Fixed Assets

£14k

Debtors

£22k

1avg. employees

Tax at Year End

Corp tax£3k

Director Loans

Company owes directors£55
Directors owe company£8k

Balance Sheet

Assets less current liabilities£20k
Signed by Mr Dimitar Belenets 06/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.32+£11k
20240.61—

Derived from filed accounts. Not audited figures.