Elite Compete Ltd
14676027
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/02/2023
DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 5 other boards
Persons with Significant Control
Mr George Hickman Digweed
British · England · Age 62
28 Wilton Road, Bexhill On Sea, TN40 1EZ
Notified 20/02/2023
CompanyRankvs 2657+ SIC 93110 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion. Turnover Turnover represents net invoiced sale of services. Turnov
Key FinancialsYear ending 28/02/2025
Net Worth
£100
Balance sheet strength
Cash
£21k
Cash in the bank
Net Current Assets
£27k
Working capital
Current Assets
£52k
Current Liabilities
£25k
Debtors
£31k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 2.10 |
| 2024 | 1.06 |
Derived from filed accounts. Not audited figures.