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First Element Ltd

12902912

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

Solar 21 Renewable Energy Limited

Ceased 24/09/2020

Mr Andrew John Bradley

Ceased 18/02/2021

CompanyRankvs 15+ SIC 70229 peers
23

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
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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.

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
20210.96

Derived from filed accounts. Not audited figures.