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ELIT ENGINEERING CONSULTING & TRADING LTD Financials

Company number
12343053Copy
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Registered office
C/O Ida&Co Building 3 Chiswick Business Park, 566 Chiswick High Road, London W4 5YA
Incorporated
02/12/2019

Company snapshot

Status
Active
Employees
2 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£-13.37K2024
46.07%vs 2023

2023: £-24.79K

Total Assets

£22.05K2024
Decreasedvs 2021

2021: £53.08K

Cash in Bank

£10.15K2024
2.12K%vs 2023

2023: £458.00

Total Liabilities

£35.42K2024
Decreasedvs 2021

2021: £42.11K

Employees

22024
-1vs 2023

2023: 3

In 2024, ELIT ENGINEERING CONSULTING & TRADING LTD reported net assets of £-13.37K. The same filing shows total assets of £22.05K, cash in bank of £10.15K and total liabilities of £35.42K. Reported headcount was 2 in 2024. Total Assets fell from £53.08K in 2021 to £22.05K in 2024. Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£-13.37K2024
46.07%from £-24.79K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures ELIT ENGINEERING CONSULTING & TRADING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£4.33K2022£-13.37K2024
-409%vs 2022

Cash in Bank

£520.002022£10.15K2024
+1853%vs 2022

+342% a year compound (CAGR)

Employees

3202222024
-33.3%vs 2022-1

Biggest increase

Cash in Bank+1853%

£520.00 in 2022 to £10.15K in 2024

Biggest decrease

Net Assets-409%

£4.33K in 2022 to £-13.37K in 2024

ELIT ENGINEERING CONSULTING & TRADING LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from ELIT ENGINEERING CONSULTING & TRADING LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
-60.62%2024

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
160.62%2024

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
28.66%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Cash to total assets
46.04%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for ELIT ENGINEERING CONSULTING & TRADING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£10.97K4.33K-24.79K-13.37K
Total Assets£53.08K––22.05K
Cash in Bank£51.08K520.00458.0010.15K
Total Liabilities£42.11K––35.42K
Employees3332

ELIT ENGINEERING CONSULTING & TRADING LTD financials: frequently asked questions

Answered from this company's own filed figures.

Has ELIT ENGINEERING CONSULTING & TRADING LTD filed financial statements?

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Yes. Okredo holds filed figures for ELIT ENGINEERING CONSULTING & TRADING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did ELIT ENGINEERING CONSULTING & TRADING LTD report in 2024?

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ELIT ENGINEERING CONSULTING & TRADING LTD reported net assets of £-13.37K for 2024. That compares with £-24.79K in 2023, a change of 46.07%.

What total assets did ELIT ENGINEERING CONSULTING & TRADING LTD report in 2024?

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ELIT ENGINEERING CONSULTING & TRADING LTD reported total assets of £22.05K for 2024. That compares with £53.08K in 2021.

What cash in bank did ELIT ENGINEERING CONSULTING & TRADING LTD report in 2024?

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ELIT ENGINEERING CONSULTING & TRADING LTD reported cash in bank of £10.15K for 2024. That compares with £458.00 in 2023, a change of 2.12K%.

How many people does ELIT ENGINEERING CONSULTING & TRADING LTD employ?

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ELIT ENGINEERING CONSULTING & TRADING LTD reported 2 employees in 2024, compared with 3 in 2023.

How have ELIT ENGINEERING CONSULTING & TRADING LTD financials changed over the last 3 years?

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Between 2022 and 2024, ELIT ENGINEERING CONSULTING & TRADING LTD's net assets fell by 409%, cash in bank rose by 1853% and employee numbers fell by 33.3%. Cash in bank compounded at 342% a year across the two years to 2024, from £520.00 to £10.15K. Reported headcount went from 3 in 2022 to 2 in 2024 (-1).

Which years of ELIT ENGINEERING CONSULTING & TRADING LTD financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.