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Elevate Business Formation Limited

14026035

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

173 EAST INDIA DOCK ROAD, LONDON, E14 0EA
Incorporated 05/04/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
62020
Information technology consultancy activities
62030
Computer facilities management activities
69201
Accounting and auditing activities

Officers

Mr Naveed Hussain

director · Since 05/04/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Naveed Hussain

Significant control

British · England · Age 46

3, Crescent Avenue, Liverpool, L37 2ES

Notified 05/04/2022

CompanyRankvs 58577+ SIC 62012 peers
23

Financial strength7th percentile among SIC peers · 2/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 0.04× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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58577Elevate Business Formation Limited
23
How is this score calculated?
Financial strength2/25 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.

Longevity4/15 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 30/04/2025

Net Worth

-£39k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£39k

Working capital

Current Assets

£2k

Current Liabilities

£40k

Balance Sheet

Assets less current liabilities-£39k
Signed by Mr Naveed Hussain 31/01/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.04-£17k
20240.07-£5k
20230.07—

Derived from filed accounts. Not audited figures.