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Elastic Fusion Ltd

14721174

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

163 ALEXANDRA ROAD, GATESHEAD, NE8 1RB
Incorporated 10/03/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

80200
Security systems service activities

Officers

Mr Joseph Zvi Schleider

director · Since 10/03/2023

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 41

Also on 140 other boards

Persons with Significant Control

Thrower Stone Group Ltd

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

163, Alexandra Road, Gateshead, NE8 1RB

Reg: 14398665 · England And Wales · Private Limited Company

Notified 21/07/2025

Former PSCs

Elastic Construction Group Ltd

Ceased 24/03/2025

Elastic Estate Management Group Ltd

Ceased 25/03/2025

Appsatile Ltd

Ceased 25/03/2025

Also Software Group Ltd

Ceased 21/07/2025

CompanyRankvs 7487+ SIC 80200 peers
23

Financial strength3th percentile among SIC peers · 1/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.24× · 2/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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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.

Employees2/15 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.

Longevity3/15 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 31/12/2024

Net Worth

-£67k

Balance sheet strength

Cash

£702

Cash in the bank

Net Current Assets

-£67k

Working capital

Current Assets

£21k

Current Liabilities

£88k

Debtors

£20k

0avg. employees
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.24-£106k
20235.86

Derived from filed accounts. Not audited figures.