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Elemental Energy Technologies Ltd

13554402

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

UNIT 8, KINGTON FARM DRAYCOTT LANE, CHIPPENHAM, SN14 6DH
Incorporated 08/08/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71122
Engineering related scientific and technical consulting activities

Officers

Mr Michael Patterson

director · Since 27/12/2021

ENGINEER

BRITISH · UNITED KINGDOM · Age 30

Mr Oliver Rathbone Robinson

director · Since 31/07/2023

SOFTWARE CONSULTANT

BRITISH · ENGLAND · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Michael Patterson

50–75% shares

British · United Kingdom · Age 30

First Floor Flat, 2 Winifred's Dale, Bath, BA1 2UD

Notified 05/04/2022

Former PSCs

Miss Danielle Sophia Stephens

Ceased 05/04/2022

CompanyRankvs 1450+ SIC 71122 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 6.98× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength25/25 pts

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

Employees14/15 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.

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 31/01/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£824k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£1.7M

Current Liabilities

£240k

Fixed Assets

£270k

Debtors

£370k

6avg. employees+2

Balance Sheet

Assets less current liabilities£1.7M
Signed by Mr Michael Patterson 14/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20256.98+£1.7M
20240.47-£108k
20230.54

Derived from filed accounts. Not audited figures.