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Elite Compete Ltd

14676027

active
Private Limited Company
england wales
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)
  • Going concern doubt noted in accounts (-10)

Details

28 WILTON ROAD, BEXHILL ON SEA, TN40 1EZ
Incorporated 20/02/2023

Compliance

Last accounts

28/02/2025

total exemption full

Next accounts due

30/11/2026

On track

Confirmation statement

Last: 19/02/2026

Due 05/03/2027

On track

Industry

93110
Operation of sports facilities

Officers

Mr George Hickman Digweed

director · Since 20/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 62

Also on 5 other boards

Persons with Significant Control

Mr George Hickman Digweed

75–100% shares
75–100% votes
Appoint directors

British · England · Age 62

28 Wilton Road, Bexhill On Sea, TN40 1EZ

Notified 20/02/2023

CompanyRankvs 2683+ SIC 93110 peers
40

Financial strength34th percentile among SIC peers · 9/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 2.1× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength9/25 pts

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

Employees2/15 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.

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.

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

0avg. employees

Balance Sheet

Assets less current liabilities£27k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20252.10
20241.06

Derived from filed accounts. Not audited figures.