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Elite Frames Ltd

15300538

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

UNIT 5B, BLACKBURN, BB1 5DP
Incorporated 21/11/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

31090
Manufacture of other furniture

Officers

Mr Mahmadali Ahmadbhai Lorgat

director · Since 21/11/2023

COMPANY DIRECTOR

INDIAN · ENGLAND · Age 47

Persons with Significant Control

Mr Mahmadali Ahmadbhai Lorgat

75–100% shares
75–100% votes

Indian · England · Age 47

Unit 5b, Fort Street, Blackburn, BB1 5DP

Notified 21/11/2023

CompanyRankvs 3920+ SIC 31090 peers
41

Financial strength11th percentile among SIC peers · 3/25
Employees92th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.57× · 6/20
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 strength3/25 pts

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

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 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 30/11/2024

Net Worth

-£19k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£38k

Working capital

Current Assets

£51k

Current Liabilities

£89k

Fixed Assets

£19k

13avg. employees

Balance Sheet

Assets less current liabilities-£19k
Signed by Mr Mahmadali Lorgat 29/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.57

Derived from filed accounts. Not audited figures.