elemental concept 2016 limited
elemental concept 2016 limited Company Information
Company Number
10424134
Next Accounts
Sep 2025
Industry
Other information technology and computer service activities
Shareholders
bimal shah
pentland capital ltd
View AllGroup Structure
View All
Contact
Registered Address
22 great james street, london, WC1N 3ES
Website
elementalconcept.comelemental concept 2016 limited Estimated Valuation
Pomanda estimates the enterprise value of ELEMENTAL CONCEPT 2016 LIMITED at £2.8m based on a Turnover of £3.6m and 0.77x industry multiple (adjusted for size and gross margin).
elemental concept 2016 limited Estimated Valuation
Pomanda estimates the enterprise value of ELEMENTAL CONCEPT 2016 LIMITED at £1.3m based on an EBITDA of £253.5k and a 5.18x industry multiple (adjusted for size and gross margin).
elemental concept 2016 limited Estimated Valuation
Pomanda estimates the enterprise value of ELEMENTAL CONCEPT 2016 LIMITED at £3m based on Net Assets of £1.4m and 2.21x industry multiple (adjusted for liquidity).
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Elemental Concept 2016 Limited Overview
Elemental Concept 2016 Limited is a live company located in london, WC1N 3ES with a Companies House number of 10424134. It operates in the other information technology service activities sector, SIC Code 62090. Founded in October 2016, it's largest shareholder is bimal shah with a 26.5% stake. Elemental Concept 2016 Limited is a young, small sized company, Pomanda has estimated its turnover at £3.6m with healthy growth in recent years.
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Elemental Concept 2016 Limited Health Check
Pomanda's financial health check has awarded Elemental Concept 2016 Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £3.6m, make it smaller than the average company (£7.2m)
- Elemental Concept 2016 Limited
£7.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 10%, show it is growing at a faster rate (7.9%)
- Elemental Concept 2016 Limited
7.9% - Industry AVG
Production
with a gross margin of 51.5%, this company has a comparable cost of product (51.5%)
- Elemental Concept 2016 Limited
51.5% - Industry AVG
Profitability
an operating margin of 4.8% make it more profitable than the average company (3.5%)
- Elemental Concept 2016 Limited
3.5% - Industry AVG
Employees
with 35 employees, this is similar to the industry average (43)
35 - Elemental Concept 2016 Limited
43 - Industry AVG
Pay Structure
on an average salary of £74.4k, the company has an equivalent pay structure (£74.4k)
- Elemental Concept 2016 Limited
£74.4k - Industry AVG
Efficiency
resulting in sales per employee of £103.7k, this is less efficient (£177.8k)
- Elemental Concept 2016 Limited
£177.8k - Industry AVG
Debtor Days
it gets paid by customers after 44 days, this is near the average (52 days)
- Elemental Concept 2016 Limited
52 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (32 days)
- Elemental Concept 2016 Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Elemental Concept 2016 Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 20 weeks, this is more cash available to meet short term requirements (14 weeks)
20 weeks - Elemental Concept 2016 Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.2%, this is a lower level of debt than the average (64.1%)
45.2% - Elemental Concept 2016 Limited
64.1% - Industry AVG
ELEMENTAL CONCEPT 2016 LIMITED financials
Elemental Concept 2016 Limited's latest turnover from December 2023 is estimated at £3.6 million and the company has net assets of £1.4 million. According to their latest financial statements, Elemental Concept 2016 Limited has 35 employees and maintains cash reserves of £409.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | |||||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | |||||||
| Interest Receivable | |||||||
| Pre-Tax Profit | |||||||
| Tax | |||||||
| Profit After Tax | |||||||
| Dividends Paid | |||||||
| Retained Profit | |||||||
| Employee Costs | |||||||
| Number Of Employees | 35 | 31 | 28 | 28 | 34 | 33 | 12 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,323 | 17,387 | 9,573 | 6,939 | 110,555 | 168,185 | 62,721 |
| Intangible Assets | 174,725 | 242,922 | 280,470 | 262,779 | 110,363 | 0 | 0 |
| Investments & Other | 125,016 | 124,015 | 79,712 | 218,456 | 685,715 | 1,550,332 | 51 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 325,064 | 384,324 | 369,755 | 488,174 | 906,633 | 1,718,517 | 62,772 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 441,540 | 250,132 | 233,682 | 357,475 | 137,873 | 177,036 | 329,374 |
| Group Debtors | 1,071,177 | 922,822 | 696,752 | 590,076 | 475,162 | 24,499 | 499 |
| Misc Debtors | 218,289 | 226,204 | 215,968 | 381,724 | 338,799 | 307,454 | 95,229 |
| Cash | 409,281 | 855,009 | 106,874 | 216,431 | 83,510 | 423,934 | 89,930 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,140,287 | 2,254,167 | 1,253,276 | 1,545,706 | 1,035,344 | 932,923 | 515,032 |
| total assets | 2,465,351 | 2,638,491 | 1,623,031 | 2,033,880 | 1,941,977 | 2,651,440 | 577,804 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 10,000 | 10,000 | 10,000 | 5,000 | 0 | 0 | 0 |
| Trade Creditors | 14,482 | 44,334 | 38,638 | 56,205 | 190,260 | 782 | 26,536 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,027,735 | 1,216,390 | 1,217,565 | 1,380,507 | 1,189,820 | 1,018,943 | 912,680 |
| total current liabilities | 1,052,217 | 1,270,724 | 1,266,203 | 1,441,712 | 1,380,080 | 1,019,725 | 939,216 |
| loans | 15,057 | 25,077 | 35,086 | 45,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 47,252 | 144,127 | 912,425 | 1,006,207 | 495,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 62,309 | 169,204 | 947,511 | 1,051,207 | 495,000 | 0 | 0 |
| total liabilities | 1,114,526 | 1,439,928 | 2,213,714 | 2,492,919 | 1,875,080 | 1,019,725 | 939,216 |
| net assets | 1,350,825 | 1,198,563 | -590,683 | -459,039 | 66,897 | 1,631,715 | -361,412 |
| total shareholders funds | 1,350,825 | 1,198,563 | -590,683 | -459,039 | 66,897 | 1,631,715 | -361,412 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 12,087 | 6,640 | 6,153 | 36,217 | 61,581 | 7,482 | 10,710 |
| Amortisation | 68,197 | 37,548 | 37,548 | 22,970 | 0 | 0 | 0 |
| Tax | |||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 331,848 | 252,756 | -182,873 | 377,441 | 442,845 | 83,887 | 425,102 |
| Creditors | -29,852 | 5,696 | -17,567 | -134,055 | 189,478 | -25,754 | 26,536 |
| Accruals and Deferred Income | -188,655 | -1,175 | -162,942 | 190,687 | 170,877 | 106,263 | 912,680 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | 1,001 | 44,303 | -138,744 | -467,259 | -864,617 | 1,550,281 | 51 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 5,000 | 5,000 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -10,020 | -10,009 | -9,914 | 45,000 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -96,875 | -768,298 | -93,782 | 511,207 | 495,000 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -445,728 | 748,135 | -109,557 | 132,921 | -340,424 | 334,004 | 89,930 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -445,728 | 748,135 | -109,557 | 132,921 | -340,424 | 334,004 | 89,930 |
elemental concept 2016 limited Credit Report and Business Information
Elemental Concept 2016 Limited Competitor Analysis
Perform a competitor analysis for elemental concept 2016 limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in WC1N area or any other competitors across 12 key performance metrics.
elemental concept 2016 limited Ownership
ELEMENTAL CONCEPT 2016 LIMITED group structure
Elemental Concept 2016 Limited has no subsidiary companies.
Ultimate parent company
ELEMENTAL CONCEPT 2016 LIMITED
10424134
elemental concept 2016 limited directors
Elemental Concept 2016 Limited currently has 3 directors. The longest serving directors include Mr Bimal Shah (Oct 2016) and Ms Anna Wright (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Bimal Shah | England | 50 years | Oct 2016 | - | Director |
| Ms Anna Wright | England | 50 years | Feb 2017 | - | Director |
| Dr Philip Jacobs | England | 50 years | Feb 2017 | - | Director |
P&L
December 2023turnover
3.6m
+37%
operating profit
173.2k
0%
gross margin
51.6%
-1.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.4m
+0.13%
total assets
2.5m
-0.07%
cash
409.3k
-0.52%
net assets
Total assets minus all liabilities
Similar Companies
elemental concept 2016 limited company details
company number
10424134
Type
Private limited with Share Capital
industry
62090 - Other information technology and computer service activities
incorporation date
October 2016
age
8
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
e-concept 2016 limited (October 2016)
accountant
-
auditor
-
address
22 great james street, london, WC1N 3ES
Bank
-
Legal Advisor
-
elemental concept 2016 limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to elemental concept 2016 limited.
elemental concept 2016 limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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elemental concept 2016 limited Companies House Filings - See Documents
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