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First Element Ltd

12902912

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

RSM UK RESTRUCTURING ADVISORY LLP, LONDON, EC4A 4AB
Incorporated 24/09/2020

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/03/2025

Due 25/03/2026

Overdue

Industry

70229
Management consultancy activities

Officers

Mr Michael Anthony Bradley

director · Since 24/09/2020

COMPANY DIRECTOR

IRISH · IRELAND · Age 56

Also on 6 other boards

Mr David Hywel Jones

director · Since 19/03/2021

CIVIL ENGINEER

BRITISH · UNITED KINGDOM · Age 60

Also on 10 other boards

Persons with Significant Control

Mr Michael Anthony Bradley

voting-rights-75-to-100-percent-as-firm
significant-influence-or-control-as-firm

Irish · Ireland · Age 56

25, Farringdon Street, London, EC4A 4AB

Notified 24/09/2020

Former PSCs

Mr Andrew John Bradley

Ceased 18/02/2021

Solar 21 Renewable Energy Limited

Ceased 24/09/2020

Insolvency History1 case

in administration

Stephanie Sutton (practitioner) · Gordon Thomson (practitioner) · David Frederick Shambrook (practitioner)

CompanyRankvs 15+ SIC 70229 peers
13

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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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.

Employees0/15 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.

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.

Risk deductions

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£100

Balance sheet strength

Cash

£750

Cash in the bank

Net Current Assets

-£539k

Working capital

Current Assets

£208k

Current Liabilities

£747k

Fixed Assets

£552

Debtors

£208k

6avg. employees+1

Balance Sheet

Assets less current liabilities-£538k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.28
20230.93

Derived from filed accounts. Not audited figures.