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Elemental Inks & Chemicals Ltd

12862217

active
Private Limited Company
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

UNIT 7 EASTGATE BUSINESS PARK, RUMNEY, CF3 2EY
Incorporated 07/09/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

20301
Manufacture of paints, varnishes and similar coatings, mastics and sealants
20302
Manufacture of printing ink
20590
Manufacture of other chemical products
72190
Other research and experimental development on natural sciences and engineering

Officers

Ryan George Pearce Boots

director · Since 07/09/2020

DIRECTOR

WELSH · WALES · Age 30

Rebecca Emily Boots

director · Since 07/09/2020

DIRECTOR

WELSH · WALES · Age 35

Robert James Appleton

director · Since 07/09/2020

DIRECTOR

ENGLISH · WALES · Age 52

Persons with Significant Control

Ryan George Pearce Boots

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

Welsh · Wales · Age 30

Gcell, Imperial Park, Newport, NP10 8AS

Notified 07/09/2020

CompanyRankvs 274+ SIC 20301 peers
46

Financial strength1th percentile among SIC peers · 0/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.93× · 16/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity6/15 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 30/09/2024

Net Worth

-£253k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£85k

Working capital

Current Assets

£177k

Current Liabilities

£92k

Fixed Assets

£47k

Debtors

£80k

3avg. employees

Tax at Year End

Corp tax£5k

Balance Sheet

Assets less current liabilities£132k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20241.93-£34k
20231.92

Derived from filed accounts. Not audited figures.