Project Elm Limited
15187609
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Last accounts
28/02/2025
medium
Next accounts due
30/09/2026
Confirmation statement
Last: 05/02/2026
Due 19/02/2027
Industry
Officers
secretary · Since 01/07/2024
Persons with Significant Control
Human Events Limited
30-34 North Street, Hailsham, BN27 1DW
Reg: 15001202 · United Kingdom · Private Limited Company
Notified 04/10/2023
Charges1 outstanding
HSBC UK BANK PLC
Change History
Active
Private Limited Company
30-34 NORTH STREET
HAILSHAM
CompanyRankvs 42820+ SIC 64209 peers19
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 28/02/2025
Net Worth
£106
Balance sheet strength
Cash
£15k
Cash in the bank
Profit Before Tax
-£45k
Bottom line earnings
Net Current Assets
-£6.1M
Working capital
Current Assets
£11.8M
Current Liabilities
£18.0M
Debtors
£11.8M
Admin Expenses
£45k
Profit After Tax
-£45k
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 0.66 |
Derived from filed accounts. Not audited figures.