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Element Design Studio Limited

12327916

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

7 ALDWICK ROAD, BOGNOR REGIS, PO21 2LN
Incorporated 21/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71121
Engineering design activities for industrial process and production

Officers

Mr Daniel David Farmer

director · Since 21/11/2019

INDUSTRIAL DESIGNER

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Daniel David Farmer

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

British · England · Age 34

32, Westminster Drive, Bognor Regis, PO21 3RE

Notified 21/11/2019

CompanyRankvs 2086+ SIC 71121 peers
66

Financial strength76th percentile among SIC peers · 19/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 5.93× · 20/20
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 strength19/25 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.

Liquidity20/20 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 30/04/2025

Net Worth

£39k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£27k

Working capital

Current Assets

£33k

Current Liabilities

£6k

Fixed Assets

£12k

1avg. employees

Balance Sheet

Assets less current liabilities£40k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20255.93-£5k
20243.01+£33k
20231.72

Derived from filed accounts. Not audited figures.