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Elmo Drive Limited

11860946

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

FORM 2, 18 BARTLEY WOOD BUSINESS PARK, HOOK, RG27 9XA
Incorporated 05/03/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77110
Renting and leasing of cars and light motor vehicles

Officers

Mr Martin Richard Letza

secretary · Since 30/09/2021

Dr Geoffrey Douglas Head

director · Since 12/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 4 other boards

Persons with Significant Control

Cinch Group Limited

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

Form 2, 18, Bartley Wood Business Park, Hook, RG27 9XA

Reg: 12826558 · Companies House · Private Limited Company

Notified 30/09/2021

Former PSCs

Mr Luke Geoffrey Horatio Gavin

Ceased 30/09/2021

Mr Oliver Jones

Ceased 30/09/2021

Charges0 outstanding

Charge
satisfied

GENERAL SUBSIDIARY 2 LIMITED

Created 05/01/2021Registered 26/01/2021Satisfied 12/01/2024

CompanyRankvs 1715+ SIC 77110 peers
59

Financial strength86th percentile among SIC peers · 22/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.47× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength22/25 pts

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

Employees13/15 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 31/08/2021

Net Worth

£116k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£159k

Working capital

Current Assets

£140k

Current Liabilities

£299k

Fixed Assets

£276k

3avg. employees+1

Balance Sheet

Assets less current liabilities£116k
Signed by Mr L Gavin 31/05/2022Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20210.47-£121k
202051.64—

Derived from filed accounts. Not audited figures.