Company Overview
Element Materials Technology Hitchin Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Thursday 19 July 2012, so this is a well established company. Element Materials Technology Hitchin Limited has been in business for 11 years and 9 months. The accounts status is small and the accounts are next due on Sunday 31 December 2023.
Registered Address

10 Lower Grosvenor Place, London, England, SW1W 0EN
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Companies House Data
Company NameELEMENT MATERIALS TECHNOLOGY HITCHIN LIMITED
Company Number08149114
Registered Office Address10 Lower Grosvenor Place
 SW1W 0EN
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date19/07/2012
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2023
Accounts Last Made Up Date31/12/2021
Accounts Account CategorySMALL
Returns Next Due Date16/08/2016
Returns Last Made Up Date19/07/2015
Directors & Members
Show Resigned
Lee Brough - Director
(British, 42 years old, born February 1982)
Director - Appointed 06 November 2023
Active
Gavin Dashwood - Director
(British, 40 years old, born August 1984)
Finance Director - Appointed 11 November 2020
Active
Matthew Hopkinson - Director
(British, 44 years old, born August 1980)
Director - Appointed 12 February 2019
Active
Secretaries
Show Resigned
Balance Sheet Unlock full report
Accounts Date 31-Dec-2021 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 3,336,957 3,336,957 3,327,278
Current Assets 2,967,945 2,967,945 1,934,827
Creditors Due Within One Year 994,157 994,157 831,689
Working Cap 1,973,788 1,973,788 1,103,138
Total Assets Less Current Liabilities 5,310,745 5,310,745 4,430,416
Long-term Liabilities 4,064,992 4,064,992 4,152,257
Net Assets 1,245,753 1,245,753 278,159
Share Capital & Reserves
Share Cap 1 1 1
Profit & Loss Reserves 1,245,752 1,245,752 278,158
Other Reserves 0 0 0
Shareholders Funds 1,245,753 1,245,753 278,159
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2021 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 52.9% 52.9% 63.2%
Stocks Inventory 0.0% 0.0% 0.0%
Debtors 15.2% 15.2% 17.8%
Cash Bank In Hand 13.4% 13.4% 9.4%
Current Assets 47.1% 47.1% 36.8%
Creditors Due Within One Year 15.8% 15.8% 15.8%
Net Current Assets Liabilities 31.3% 31.3% 21.0%
Creditors Due After One Year 64.5% 64.5% 78.9%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 19.8% 19.8% 5.3%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 19.8% 19.8% 5.3%
Shareholder Funds 19.8% 19.8% 5.3%
Capital Employed - - -
Total Assets Less Current Liabilities 84.2% 84.2% 84.2%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2021 31-Dec-2015 31-Dec-2014
Liquidity Ratio 3.0 3.0 2.3
Solvency Ratio 1.2 1.2 1.1
Reserves to Assets 0.2 0.2 0.1
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 6
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2021 31-Dec-2015 31-Dec-2014
Assets 6,304,902 6,304,902 5,262,105
Debt 5,059,149 5,059,149 4,983,946
Net Assets/Debt 1,245,753 1,245,753 278,159

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Compulsory strike-off action has been discontinued
First Gazette notice for compulsory strike-off
Appointment of Lee Brough as a director on 6 November 2023
Termination of appointment of Mark Herbert Heaven as a director on 10 October 2023
Confirmation statement made on 3 July 2023 with no updates
Director's details changed for Mr Matthew John Hopkinson on 10 March 2021
Termination of appointment of Neil Conway Maclennan as a secretary on 23 February 2023
Confirmation statement made on 19 July 2022 with no updates
Satisfaction of charge 081491140006 in full
Satisfaction of charge 081491140003 in full
Satisfaction of charge 081491140004 in full
Satisfaction of charge 081491140002 in full
Satisfaction of charge 081491140005 in full
Registration of charge 081491140006, created on 6 May 2022
Appointment of Mr Mark Herbert Heaven as a director on 10 March 2022
Termination of appointment of Michiel Coenraad Graswinckel as a director on 10 March 2022
Change of details for Element Materials Technology Holding Uk Limited as a person with significant control on 1 October 2021
Registered office address changed from 10 Lower Grosvenor Place London England SW1W 0EN United Kingdom to 3rd Floor Davidson Building 5 Southampton Street London WC2E 7HA on 1 October 2021
Registration of charge 081491140005, created on 20 August 2021
Confirmation statement made on 19 July 2021 with no updates
Director's details changed for Mr Matthew John Hopkinson on 10 March 2021
Appointment of Mr Michiel Coenraad Graswinckel as a director on 11 November 2020

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