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Elegant Enterprises Ltd

11842188

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

STUDIO 9, 50-54,, BIRMINGHAM, B3 1QS
Incorporated 22/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45112
Sale of used cars and light motor vehicles

Officers

Mr Nicholas Njanga

secretary · Since 22/02/2019

Also on 2 other boards

Mr Alex Kuluziza

director · Since 22/02/2019

PROJECT MANAGER

BRITISH · UNITED KINGDOM · Age 41

Also on 1 other board

Mr Nicholas Njanga

director · Since 22/02/2019

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

CompanyRankvs 20373+ SIC 45112 peers
30

Financial strength14th percentile among SIC peers · 4/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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20373Elegant Enterprises Ltd
30
How is this score calculated?
Financial strength4/25 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.

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.

Longevity7/15 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 28/02/2026

Net Worth

-£9k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£6k

Working capital

Current Assets

£3k

Current Liabilities

£9k

0avg. employees

Balance Sheet

Assets less current liabilities-£6k
Signed by 1.3.25Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20260.32+£0
20260.32-£419
20250.48-£459
20240.42-£426
20230.61-£1k
20224.55-£2k
20215.31-£971
20200.08—

Derived from filed accounts. Not audited figures.