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Elen Financial Software Ltd

11680470

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

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

Details

SOPHIA HOUSE, CARDIFF, CF11 9LJ
Incorporated 15/11/2018

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 12/11/2025

Due 26/11/2026

On track

Industry

62012
Business and domestic software development

Officers

Mr Gweirydd Fychan Ap Gwyndaf

director · Since 15/11/2018

DIRECTOR

WELSH · WALES · Age 47

Also on 4 other boards

Mr Maredudd Ap Gwyndaf

director · Since 15/11/2018

DIRECTOR

WELSH · BULGARIA · Age 48

Persons with Significant Control

Mr Gweirydd Fychan Ap Gwyndaf

25–50% shares
25–50% votes

Welsh · Wales · Age 47

9 Victoria Park Road West, Cardiff, CF5 1EZ

Notified 15/11/2018

Mr Maredudd Ap Gwyndaf

25–50% shares
25–50% votes

Welsh · Bulgaria · Age 48

Ap. 13, Ul. Han Omurtag 19, Varna, 9000

Notified 15/11/2018

CompanyRankvs 39763+ SIC 62012 peers
37

Financial strength5th percentile among SIC peers · 1/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.2× · 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 strength1/25 pts

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

Employees11/15 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 31/03/2024

Net Worth

-£80k

Balance sheet strength

Cash

£57

Cash in the bank

Net Current Assets

-£80k

Working capital

Current Assets

£20k

Current Liabilities

£100k

Debtors

£19k

2avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.20-£14k
20230.39-£129k
20222.94-£20k
20214.13+£66k
20200.69

Derived from filed accounts. Not audited figures.