Back to search

Elevation Lifestyle Group Ltd

13417069

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)
  • Negative net worth (-10)

Details

4 READING ROAD, READING, RG8 7LY
Incorporated 24/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr George Eapen

director · Since 24/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mrs Rachel Katherine Eapen

director · Since 24/05/2021

DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr George Eapen

50–75% shares
50–75% votes
Appoint directors

British · England · Age 47

4, Reading Road, Reading, RG8 7LY

Notified 24/05/2021

Mrs Rachel Katherine Eapen

25–50% shares
25–50% votes

British · England · Age 56

4, Reading Road, Reading, RG8 7LY

Notified 24/05/2021

CompanyRankvs 72060+ SIC 47910 peers
31

Financial strength2th percentile among SIC peers · 1/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.22× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength1/25 pts

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

Employees8/15 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.

Longevity5/15 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 31/05/2024

Net Worth

-£120k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£120k

Working capital

Current Assets

£35k

Current Liabilities

£155k

Fixed Assets

£579

1avg. employees

Balance Sheet

Assets less current liabilities-£120k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.22-£41k
20230.40-£47k
20220.36

Derived from filed accounts. Not audited figures.